CatFx50 - page 754

nina
2768
nina  
nina:
Hi!!

Gorgeous day today. As always, CatFX2 made more pips than CatFX50. CatFX2 is more aggressive.

Levels worked to the pip.

Tomorrow we have a lot of data. Take care.

GBPJPY:

while closing hourly above 236,65, its way is up to 237,30- 237,51 - 237,75 -238,03 - 238,49/53 - 238,76 - 238,85 - 239,02 - 239,34 - 239,60 - 240,00.

Breaking now 236,98 and holding below 237,30, it should give 236,65.

If it breaks 236,65, it will be set to go to 236,21 - 235,64 - 235,35.

Enjoy!

Hi!!

Not bad, is it?

Take care!

nina
2768
nina  

Hi!!

We had a level 1 buy on GBPUSD at 1,9514 (09:00cet) with stop at 1,9472. A stop loss of 42 pips. No way, my friends.

et_phonehome_2
1389
et_phonehome_2  
nina:
Hi!! We had a level 1 buy on GBPUSD at 1,9514 (09:00cet) with stop at 1,9472. A stop loss of 42 pips. No way, my friends.

False signal from which system?

nina
2768
nina  
et_phonehome_2:
False signal from which system?

CatFX50. Stop was too huge.

et_phonehome_2
1389
et_phonehome_2  
nina:
CatFX50. Stop was too huge.

Nina,

What would you use as the recommended stops for the different pairs? They always say try to use the risk:reward ratio of 1:2, how can one actually determine whether the trade will go that direction not unless one buys on a pull back and go with the trend.

nina
2768
nina  
et_phonehome_2:
Nina, What would you use as the recommended stops for the different pairs? They always say try to use the risk:reward ratio of 1:2, how can one actually determine whether the trade will go that direction not unless one buys on a pull back and go with the trend.

Hi, et_phonehome_2!!

I don't have a fixed stop. The stop to be used is determined by the price action. I have my levels too, so they tell me more things. Then, we need to know the pair we are trading. I mean, we need to apply our TA on it. And of course, we should have our r/r. As said yesterday, we deal with probabilites.

Level 1 buy was at 1,9514 and the stop should've been placed at 1,9472. 42 pips. So, to have a 1:1; GBPUSD should have gone up to 1,9576.

Cable is bearish, extremely weak and my subscribers knew we have something important before 1,9576. So, I did not buy it. CatFX2 sold it at 1,9485 and I did it 10 seconds before UK data with a sell stop at 1,9487 and a ridiculous stop loss placed at 1,9502.

FlyerLV
20
FlyerLV  

UK inflation

If inflation , like in UK, is going down from 3.0 -> 2.7 - that means GBP is not so strong currency at the moment? And this is the reason why GBP/USD go till 1.9414 ?

nina
2768
nina  
FlyerLV:
If inflation , like in UK, is going down from 3.0 -> 2.7 - that means GBP is not so strong currency at the moment? And this is the reason why GBP/USD go till 1.9414 ?

Hi!

GBPUSD is going south since last week when BOE said what it said. And UK data is validating their view so far.

Tryn2Learn
6
Tryn2Learn  

GMT+1 or GMT??

Is that time that you post them (GMT+1).6hrs different for me or just (GMT)5hrs different for me???Hi!

Subscribers will get one email around 00:00gmtand another one from 07:00gmt to 10:30gmt. Occasionally, they could get more.

I do not trade Asian session. I think the best hours to trade FOREX are from 07:00gmt to 11:00gmt and from 13:30gmt to 15:00gmt.

The main email will be the one sent around 00:00gmt.

pitch67
30
pitch67  

As a souscriber to Nina service I am just amaze with the precission of his levels!!

Everyone should have a test!!

Please Nina keep your hard work!

Pitch67