Level 2 Buy:
1. Price is above 50 EMA.
2. Price crosses below 50 EMA.
2. Hist_StepMA_Stoch is green.
3. Price then opens at least one bar below 50 EMA while Hist_StepMA_Stoch stays in green mode.
4. When price opens again above the 50 EMA with Hist_StepMA_Stoch validating (green), we can buy.
EURUSD, Histo was first green and then turned red (on my platfrom at least).
About USDCHF, you are right and I was wrong: it is level 2, we had bars opening below EMA50 with histo in green.
About level 2:
We have one level 2 buy ( 08:30cet) on USDCHF at 1,2459. It has made a high at 1.2482 so far. + 23 pips.
We have a level 4 (09.30cet) at 1,8156. It has made a low so far at 1,8139.
+ 17 pips.
We have a level 4 on EURUSD (10:00cet) at 1.2543. It has made a low so far at 1,2531. + 12 pips, less than our 15 so far.
May I ask you, do you mean USDCHF at 1.2453 @ 9:30 yesterday was a level 2 buy not a level 1? On my platform Neuimex, Histo was first red and then turned green on 9:00 bar.
No, I'm not saying that. I'm talking about 14:30cet bar.
Another nice level 4 sell on cable ( 11:30cet) @ 1,8138. Made a low so far at 1,8114. + 24 pips.
Take care, USDCHF must break clearly 1,2495.
With all level 4 trades, you should be done today!!!!
Have anyone come up with good exit rules that have been consistent? I just don't like the idea of having to stare at a screen constantly as to when to get out....
ask nina and see what he says
So can someone provide some insight on how the interest rate increase will affect the eurusd? if it is raised, will the dollar strengthen or weaken? I think the dollar will strengthen. no?
Level 2 buy on USDCHF (15:30cet) @ 1.2468. Made a high at 1.2482 so far.
Level 2 sell on EURUSD (15:30cet) @ 1.2544. Made a low so far at 1.2533.
As you know, I like USDCAD when we face a day with Cad news. Well, we had a level 2 sell on USDCAD (08:00cet) @ 1.1229. Made a low so far at 1,1123.
Enjoy and take care.