I do not know what kind of data tou are using.
My platform is MIG and CatFX50 sold EURUSD at 1,4230. It's made a low so far at 1,4215.
About the dot and the arrow of aNina indicator:
The dot is when there is a cross and the arrow when bar opens below EMA50.
Thank you Nina. I'm using the Alpari datafeed.
The way i saw it was:-
- Blue dot;
- Down arrow.
- Enter short when bar completes.
Is this the correct method?
Well, the same I've been saying all these weeks: EURUSD is on a very strong uptrend. I'm not discovering anything new here.
On Friday it make a low at 1,4031 and from there a very aggressive reversal to 1,4157. What a reversal, mates, what a reversal!!!
The same mantra:
For me, while above 1,4007 - 1,4000, EURUSD should go higher to 1,4298/300 - 1,4310 - 1,4341 - 1,4370 - 1,4385 - 1,4400/08.
Of course, if it is the case, we should look at that Friday low: 1,4031.
I send you a pm
If this question has been asked before so i am sorry but i could not find answer. (I could not read complete thread)
Your document mention you trade 8:00 to 18:00 CET.
Q. If indicators give signal before 8:00 or after 18:00 what do you do? do you take trade?
Thanks for your wonderful system and your help.
Look, you never know, but FOREX is is full gear at 09:00CET. London boys log in then and they decide where we go. So, we need movement here and, therefore, the market must be running at full speed.
London fix is at 17:00CET.
And there is a break between 12:00cet - 14:00CET.
Any trade taken before 09:00CET must be small. Of course, a trade taken before 08:00CET should be smaller.
I've learned with a lot of pain what 09:00CET in FOREX means.
Another week has gone away. EURUSD keeps above 1,4000. Big boys -institutions, hedge funds and central banks - keep buying it at any dip. Sometimes they like to play with retail traders and let the pair make slightly new lows. Then, when retail traders get in short, they buy it heavily .
For me, while above 1,4007 - 1,4000, EURUSD should go higher to 1,4298/300 - 1,4310 - 1,4341- 1,4370 - 1,4385 - 1,4400/08.
One day, they will let it go further down though. So, take care.