CatFx50 - page 728

 
Tryin2Learn:
What will it take for it to go up??will that also help the GBPJPY go back up also from its bearish downfall.??

Hi!!

Look at the price movement (30 minutes candles) on USDCHF for the last 4 hours. Do you think what you see invite to trade?

If cable keeps falling hard, GBPJPY will follow.

 

?

Is there some strong points for reversal that you notice for gbpjpy?and gbpusd.I see sometimes once the GBPJPY goes one was it moves that for a while I dont no if there is a chance for turnaround I was just curios to see what you thought?? Thanks also Isee usdchf

nina:
Hi!!

Look at the price movement (30 minutes candles) on USDCHF for the last 4 hours. Do you think what you see invite to trade?

If cable keeps falling hard, GBPJPY will follow.
 
Tryin2Learn:
Is there some strong points for reversal that you notice for gbpjpy?and gbpusd.I see sometimes once the GBPJPY goes one was it moves that for a while I dont no if there is a chance for turnaround I was just curios to see what you thought?? Thanks also Isee usdchf

Hi!!

The reversal is that it can not hold below 236,40 and that 18:00cet 30 minutes candle.

But again: keep out.

 

I understand

If it doesnt hold below 236,40 by 18:00 central time on 30min chart it then might start to buy??RIGHT?(what time would that be us eastern time I dont no sorry?

nina:
Hi!!

The reversal is that it can not hold below 236,40 and that 18:00cet 30 minutes candle.

But again: keep out.
 
Tryin2Learn:
If it doesnt hold below 236,40 by 18:00 central time on 30min chart it then might start to buy??RIGHT?(what time would that be us eastern time I dont no sorry?

Hi!

Tryin2Learn, do not get upset; but you should not trade GBPJPY without knowing very well what you are doing. This pair, as far as I see, it is not for you.

Read the word CatFX50 file in post one. Read the whole CatFX50 thread. Read post https://www.mql5.com/en/forum/173201/page482

Tryin2Learn, trust me.

 

Hi!!

About cable: Pivot at 1,9634.

We need it above and holding 1,9636-21. While below, it is set to go to 1,9590 - 1,9569 - 1,9548 - 1,9536 and 1,9503 - 1,9460 - 1,9448 - 1,9420 - 1,9400 - 1,9389 - 1,9316.

If it breaks 1,9621-36 and holds, next should be 1,9636 - 1,9680 - 1,9706 - 1,9753 - 1,9800 - 1,9830.

About GBPJPY: Pivot at 236,71

It needs to hold above 236,27. If it does so, next should be 236,71 - 236,98 - 237,08 - 237,26 - 237,51 - 237,73 - 238,05 - 238,50.

If it breaks and holds below 236,27, next should be 236,11 - 235,90 - 235,35 - 234,95 - 234,60 - 234,10 - 234,04 - 233,82 - 233,74 - 233,52 - 233,21.

Take care!

 

Sleep

Nina

When do you sleep? Thank you for all of your guidance it is very appreciated. I am hoping cable continues its path down as I sold at 622 but we will see.

Jim

 

Thank you guys 4the help and guidance

Im not upset I understand and will try my best to learn the few things that i dont get yet and one day from backtesting and studying your thread and other threads i willbe great at this like you . I am motivated to learn thanks for all you do

nina:
Hi!

Tryin2Learn, do not get upset; but you should not trade GBPJPY without knowing very well what you are doing. This pair, as far as I see, it is not for you.

Read the word CatFX50 file in post one. Read the whole CatFX50 thread. Read post https://www.mql5.com/en/forum/173201/page482

Tryin2Learn, trust me.
 

Help please..

Hi all,

I finally managed to finish reading the whole thread today. Thanks to nina and others who contributed..it's been great following this thread, so much useful knowledge & info to absorb

Hope you guys can help me with just a couple of technical questions.

Firstly, which datafeed should be used for CatFX50 signals for now? Alpari or Neuimex?

From my understanding, for a long period of this thread, Neuimex seems to be the one consistenly used for signal recaps until the their datafeed went funny (according to posts few months back I believe) and if I'm not mistaken, nina then used Alpari datafeed for his last recaps toward the end of the thread. So does it mean, it is recommended to use the Alpari datafeed now to get the signals? Just want to make sure i'm using the same current 'language' when signal is being discussed in this thread.

Secondly, regarding the trade execution, my real account is with Oanda, so my question is, when I get the signal from the mt4 demo account, let's say a level 1 buy, do I just switch to Oanda platform and place the order to buy straight away on the open of the next bar despite the price difference from Oanda and the mt4 demo account? Is that how you guys do it?

Sorry for the lengthy post and have a nice trading day.

bubblestar

 
nina:
Hi!!

About cable: Pivot at 1,9634.

We need it above and holding 1,9636-21. While below, it is set to go to 1,9590 - 1,9569 - 1,9548 - 1,9536 and 1,9503 - 1,9460 - 1,9448 - 1,9420 - 1,9400 - 1,9389 - 1,9316.

If it breaks 1,9621-36 and holds, next should be 1,9636 - 1,9680 - 1,9706 - 1,9753 - 1,9800 - 1,9830.

About GBPJPY: Pivot at 236,71

It needs to hold above 236,27. If it does so, next should be 236,71 - 236,98 - 237,08 - 237,26 - 237,51 - 237,73 - 238,05 - 238,50.

If it breaks and holds below 236,27, next should be 236,11 - 235,90 - 235,35 - 234,95 - 234,60 - 234,10 - 234,04 - 233,82 - 233,74 - 233,52 - 233,21.

Take care!

Hi!!

High so far on GBPJPY: 237,35.

High so far on GBPUSD: 1,9654.

You may think I like the market today. I do not.

Look at the 30 minutes candle on GBPUSD and GBPJPY right now. (08:48cet)

Take care, we have no direction yet.

Reason: