CatFx50 - page 609
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Hi, Linuxser!
Right, the correlation between EURUSD and USDCHF is almost perfect but not always. We'll see tomorrow. Now, this market, so far, is not tradable.
Take care.
NinaExactly, the USDCHF is 100 pips up since yesterdays level 1 buy. And like you said the EURUSD is in rage on the same time.
usdchf nice short at 12503 i take on small retrace at 12509 for scalp target at 12485...pivot was at 12479
it was move based on SNB rate speculation, tomorow they should lift rate by 0.25
eurusd did not get cross from a_nina so no trade
it is hard market right now,$ is strong but any time can give up; play what you see but look to not overtrade from short $ side for now as $ is expected to test more highs
Hi!
19:00cet recap:
EURUSD, level 2 and level 4 sell (09:30cet) at 1,2685. It made a low so far at 1,2665. + 20 pips.
USDCHF, level 3 buy (14:30cet) @ 1,2536. A lost of -34 pips.
USDCHF, level 1 sell (17:30cet) @ 1,2504. It made a low at 1,2478. + 26 pips.
Total= + 12 pips.
As said earlier, Market is waiting. We should learn when not to trade.
I only got 10 pips today on USDJPY.
Nina
Hi Nina,
It sure would be nice to be able to have something that would show us that a day may be like today. Luckily for me, I decided to sleep in today and skip the trading, saved me a bundle of $.
nuc,
after few years of watching 20 hours a day of every tick in forex you will be able to know what the day would be.yesterday we have chopy market and it did continue the trend finaly so today was expected to have bad session espetialy with no economik reports (important);nzd rate decision is tonight.
another thing to remember,lot of peaple does not trade after wensday,my expiriance tell me thursdays are verry tricky espetialy before fridays events if any.
from catfx system if i see gbpusd on one side of EMA 50 and eurusd and usdchf on another (or eurusd on the line like today) it tells me the market is or in cosolidation or it is undecided for the moment or jpy is in focus that day
there is few indicators that can worn us of choppy market but best indicator is understanding of what is going on out there,and beleve me i made mistakes also no mather of all the time spent trading past 3 years.
look higher time frames to get biger picture ,look news shedule for next days/weeks and try to put all picess together regarding market conditions and what we can expect in the future from news, it will help a lot
it is not easy
good luck
nuc,
after few years of watching 20 hours a day of every tick in forex you will be able to know what the day would be.yesterday we have chopy market and it did continue the trend finaly so today was expected to have bad session espetialy with no economik reports (important);nzd rate decision is tonight.
another thing to remember,lot of peaple does not trade after wensday,my expiriance tell me thursdays are verry tricky espetialy before fridays events if any.
from catfx system if i see gbpusd on one side of EMA 50 and eurusd and usdchf on another (or eurusd on the line like today) it tells me the market is or in cosolidation or it is undecided for the moment or jpy is in focus that day
there is few indicators that can worn us of choppy market but best indicator is understanding of what is going on out there,and beleve me i made mistakes also no mather of all the time spent trading past 3 years.
look higher time frames to get biger picture ,look news shedule for next days/weeks and try to put all picess together regarding market conditions and what we can expect in the future from news, it will help a lot
it is not easy
good luckHi, Deepdrunk!
I like that:
Nina
Yes Nina like you say before ,best signal is when all 3 majors have signal in the same direction (oposit for usdchf). usdgbp often leed the move so i take second cross ,never last one because it could give less pips.
Really good job with those step indicators ,do you know how they are calculated ?I tried to read the mq4 code but lot of statements i do not understund ?
I am testing rsi filter V1 with your system,for now looks like it is good same as hist_step_ma _stoch but with less fals bars...maybe
Yes Nina like you say before ,best signal is when all 3 majors have signal in the same direction (oposit for usdchf). usdgbp often leed the move so i take second cross ,never last one because it could give less pips.
Really good job with those step indicators ,do you know how they are calculated ?I tried to read the mq4 code but lot of statements i do not understund ?
I am testing rsi filter V1 with your system,for now looks like it is good same as hist_step_ma _stoch but with less fals bars...maybeHi, Deepdrunk!
No, I do not know. Ask it to Igorad or Kalenzo. Keep testing RSI Filter and let us know.
Nina
Hi, traders!!
Lets see if we have a better market today.
So far, Asian traders may have taken a day off if we look at their ranges:
EURUSD, 22 pips.
USDCHF, 24 pips.
GBPUSD, 23 pips.
USDJPY, 29 pips.
Nice Market
. Take care. EURUSD is very well bid at 1,2670-60.
At 10:30cet, we have UK Retail Sales.
Nina
Thanks for the great system
Hi!
GBPUSD, level 4 buy (09:00cet) @ 1,8782. It made a high so far at 1,8800. + 18 pips.
Take care. News ahead!.
Ninawell done NINA! i was following n trading ur system since from beginning of its development.The result was so amazing and now keep rocking.
Last trading week was really showing the power of catfx50 level and resulting hundreds of green pips to me.
thanks for ur contribution for FOREX trader