One of the most gratifying things to come out of this thread (aside from making pips) is the fact that we learn from others input.
Good trading to all
Excellent examples of the market conditions Moneyline --
Lets all do it this week
As far as I know, US and London markets are close today, Monday.
So, trading could be boring, thin and very dangerous. We could have the movement of the year, I do not know. But odds are against that. So, take care and if you can take a day off, do it.
Cat FX 50 traders exit strategy Thread
Created an exit thread here
check it out and add something if you can
previous week was a crazy market
i wish u all have a good one this week
Will anybody take the signal at this new candle? There's one in each of the 3 pairs. But not a good market probably.
It's like we have an uptrend (in EURUSD and GBPUSD, other way round in USDCHF) starting on friday evening after the strong move down. And the filters are already in long mode and now finally price has "crept" (english? ) over the EMA. So we get the signal.
But it's not like we enter into a fresh, strong move we just enter into the trend and also at a point pretty far away from the trendline.
But we will see if it was a good one nevertheless.
Hello? Is anybody else here today? Trading or watching
I took the long on the EURO just to see if it would go up 15 pips after the level 1 signal.
Yes.. very boring so far. You could say there have been 3 doji candles since the signal.. right now i'm starting to get doubts about this one but don't take my word Even if it goes down a bit the default stop loss would still be very far away and if we stay in the uptrend there should be higher prices again.