CatFx50 - page 567

 

Nina, how do you think the NY session is going to affect things today? given the volatility seen so far?

P.S. i managed to stay awake. yay. Dvd's help.

 
jwoger:
Nina, how do you think the NY session is going to affect things today? given the volatility seen so far?

Jwoger, we are facing a very dangerous market. EZ data has been good and BCE is going to hike. This is EURUSD bullish.

My thought is that we'll be in a damn ranging market till NFP. But it is just my thought. The sell off on EURUSD and on GBPUSD we had at the highs was very aggressive.

So, big money is up there selling and buying so far at 1.2740-50.

Cable needs to break clearly 1,8502 or 1.8384.

USDCHF needs to break clearly 1,2300 or 1,2200 and then it has big support at 1,2161.

Nina

 
nina:
Jwoger, we are facing a very dangerous market. EZ data has been good and BCE is going to hike. This is EURUSD bullish.

My thought is that we'll be in a damn ranging market till NFP. But it is just my thought. The sell off on EURUSD and on GBPUSD we had at the highs was very aggressive.

So, big money is up there selling and buying so far at 1.2740-50.

Cable needs to break clearly 1,8502 or 1.8384.

USDCHF needs to break clearly 1,2300 or 1,2200 and then it has big support at 1,2161.

Nina

Thanks. i will definately trade with caution

 
nina:
Xaron, you had luck. When you got in, bars were forming. It is much risky to do it that way, but if you are confident and you see a rush, go ahead, man, with always your finger on the close device. Nina

Thanks! The thing is, I just use the EMA50 + the CCI48 which correlates with your StepMaStoch.

Regards - Xaron

 

cable

possible level 1 coming up

 

To show the correlation between StepMaStoch and CCI48 see the picture I've attached.

Regards - Xaron

Files:
eurusdspot.gif  35 kb
 

cci

well if you want to use cci then what is your filter level.

 
mcsqueeze:
well if you want to use cci then what is your filter level.

If CCI > 0 and Open > EMA50 buy

If CCI < 0 and Open < EMA50 sell

Regards - Xaron

 

went for it

.3 lots cable long in at 1.8453 on the rush away from the ema 50 closed .05 up 10 pips closed .05 up 15 pips the rest is still running.

edit closed .05 up 20 pips

 

eur usd

possible level 1 coming up