CatFx50 - page 497

Dave1
231
Dave1  

GBPUSD, price is finding it difficult to breach 120ema, stepMA stoch hasn't crossed yet.

sepehr3point
25
sepehr3point  
moneyline:
Hi All, and welcome aboard.

I took earlier trades on USD/CHF and EUR/USD because it was hard to ignore the momentum. I'm now going to re-enter if possible.

moneyline

EDIT: Now GBP is flirting with a 50 EMA cross.

yeah me too

on cable i sow earlier signal om WMA cross wma 5 hit 20 and 40....and catfx is aboat to get signal...so we have a double signal here

kiwigold
238
kiwigold  

Cable

Cable -- Pivot 1.8772

Dave1
231
Dave1  

Have you noticed that the pattern is a left handed cup and handle so hopefully we should be heading north.

moneyline
689
moneyline  
kiwigold:
Hi Moneyline Cable is looking strong tonight

Yeah, not only that but it appears that we are about to have a bear cross of the EMA 50 on EURO. Take it at your own peril, all my other indicators point to a strong upward pressure on GBP and EUR and strong downward pressure on CHF.

BTW, floating in the alphabet soup of indicators we tend to forget that the most accurate indication is the price action. When you see the price moving with momentum, go for it!

moneyline

sepehr3point
25
sepehr3point  

price hit the pivot on cable

kiwigold
238
kiwigold  

yep

closed one position with 40 pip profit ... lets see what it does now

Dave1
231
Dave1  

If your entering amongst any of those resistance points 8772, 8799 I think you need to be in scalping mode

moneyline
689
moneyline  
Dave1:
Have you noticed that the pattern is a left handed cup and handle so hopefully we should be heading north.

Ditto Dave!

moneyline

sepehr3point
25
sepehr3point  

this is our day friend