CatFx50 - page 551
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Hi
will you hold the trade over night, or close the position and start again tomorrow?
damn damn
just got my live account on neuimex opened. Happy to see that my money is actually credited etc etc. but damn it all it is too late in the day to use catfx and tommorrow is the fomc and there is no way i am making my first real trade in front of that tommorrow so probably no reaL tradinguntil friday
just got my live account on neuimex opened. Happy to see that my money is actually credited etc etc. but damn it all it is too late in the day to use catfx and tommorrow is the fomc and there is no way i am making my first real trade in front of that tommorrow so probably no reaL tradinguntil friday
Just follow the rules and you will be ok.
Recap For EURUSD, GBPUSD, USDCHF WHy only these three pairs? because they are the only ones i really monitor. Additionally, i think they are the best to trade. If people really want a recap for others, i will do them. Just ask.
EURUSD: Level 4 Sell @ 14:30 CET @ 1.2554 Max low of 1.2514. Note that it also broke the 1.2550 level with strength.
GBPUSD: Possible Level 1 sell confirmed at 9:00 cet @ 1.8205 max low of 1.8159
Level 4 Sell @ 140:00 Cet @ 1.8210 max low of 1.8140
USDCHF: Level 2 Buy @ 14:30 Candle @ 1.2437 max high of 1.2490
Max pips possible today: 40+46+70+53=209 pips. YAY
CORRECTIONS ALWAYS WELCOME.
CAn someone recommend something for getting over the fear of placing a trade. I mean, i'll place a trade and then i'll get a heart attack and exit with little profit. LOL.
CAn someone recommend something for getting over the fear of placing a trade. I mean, i'll place a trade and then i'll get a heart attack and exit with little profit. LOL.
Maybe risk a smaller percentage of the account, smaller positions until you are used to it.
Recap For EURUSD, GBPUSD, USDCHF WHy only these three pairs? because they are the only ones i really monitor. Additionally, i think they are the best to trade. If people really want a recap for others, i will do them. Just ask.
EURUSD: Level 4 Sell @ 14:30 CET @ 1.2554 Max low of 1.2514. Note that it also broke the 1.2550 level with strength.
GBPUSD: Possible Level 1 sell confirmed at 9:00 cet @ 1.8205 max low of 1.8159
Level 4 Sell @ 140:00 Cet @ 1.8210 max low of 1.8140
USDCHF: Level 2 Buy @ 14:30 Candle @ 1.2437 max high of 1.2490
Max pips possible today: 40+46+70+53=209 pips. YAY
CORRECTIONS ALWAYS WELCOME.
CAn someone recommend something for getting over the fear of placing a trade. I mean, i'll place a trade and then i'll get a heart attack and exit with little profit. LOL.Did USDCHF have a Level 2 buy @ 9:30 Candle @ 1.2453?
Or EURUSD a Level 2 sell @ 9:30 Candle @ 1.2558?
Regards
hgus490
Did USDCHF have a Level 2 buy @ 9:30 Candle @ 1.2453?
Or EURUSD a Level 2 sell @ 9:30 Candle @ 1.2558?
Regards
hgus490Hi!
That buy on USDCHF (09:30cet) is a level 1 buy. It is 21 pips above EMA50.
Let's say we bought it at 1.2453. It went against us 22 pips and it made a high at 1.2490. + 37 pips. At 14:30cet we had the chance to buy more (level 4 buy) at 1.2434 and it made the same high: 1.2490.
About EURUSD trade: It is a level 1 sell (09:30cet) at 1.2558, 21 pips away from EMA50. It went against us 17 pips and made a low at 1.2514: + 44 pips.
Then we had the opportunity to sell more (14:30cet, level 4 sell) at 1.2558 and more (level 4 sell 16:00cet) at 1.2542.
Where we have a lost of 34 pips is on cable if we sold (level 1) at 1.8173 (09:30cet). But then, we had a level 4 sell at 1.8205 (14:00cet). It made a low at 1,8140: +65 pips. We could've added more (level 4 again @ 16:00cet) at 1.8178.
Anyway, a nasty day but, if you had followed catFX50 rules you would have made pips today and only a lost of 34, right.
Nina
Hi Nina!
Yes, you are right. I also mean level1 on both signals and on my chart both open prices are 19 pips away from EMA50.
hgus490
Hi Nina!
Yes, you are right. I also mean level1 on both signals and on my chart both open prices are 19 pips away from EMA50.
hgus490Hi!
Look, these demo platforms have different data feeds. They are a mess sometimes. They give you a price 10 pips above/below the right one. It does not happen usually, but it happens. Try to demo this one and you will see what I'm talking about:
http://www.forexua.com/index_eng.html
We use Neuimex here: http://neuimex.com/
What is yours?
Nina
i use neuimex for charting and FXCM for placing trades. And thanks for the Corrections nina, even though i havn't checked them yet. I'll let you know.