10.6 EDSEL

[nanningbob]

You have to love the analysis at FF and their analyzers. Here is a quote concerning the euro:

She's afloat still, and seems to be stagnating at current levels. The trend to me still remains Euro up but it is at very borderline levels, so I wouldn't be surprised to see her give in the coming weeks....

That reminds me of my brother when we went to a steakhouse. He ordered a steak and the waitress asked how he would like it. He said, "medium rare, well-done."

Dont worry I am sure the guy will write a book and talk about his 90+% win ratio.

[nanningbob]

Yesterday I didnt do much. Closed out some of my losers and reset myself up to look for aud and nzd sells. The CSS broke some from its tightness with the gbp and aud heading down and the usd, jpy, and nzd heading up. I expect that to continue except for the nzd I expect it to follow the aud but that may not happen until next week. eur and chf probably will remain flat and the cad ?????????? it is still a mystery to me, however, if the USD goes up I expect the CAD to follow at some point so my thinking is most of its run down is over. So that is where I will be looking for trades for now.

[dispell]

morning!

aside from the aussie report, wasnt much movement yesterday.
so far for today i'm seeing possible setups on usdcad, gbpusd, n eurcad.
entered shorts on eurnzd & audusd last night, doesn't seem to be doing too well.
prolly wait for the asian session to see how they'll do.

[art]

good observation darshanag, maybe bob can enlighten us, re the css

[nanningbob]

i'm still not getting to grips with the daily and 4 hour css

I also have a question about css.

The info page displays other values ​​than the css at the D1 template.
which display is correct or reliable?

The other question is, why not take advantage of the 1H css
to confirm or to substantiate an entry? For the next 30 pips would have to still be good, right?

I have been thinking the same thing ! (WRT CSS).. Pls refer the CSS in the two attached images below ;

Info Page.jpg

EURUSD.jpg

Its the same TF and same broker but giving significantly different readings in the CSS. These differences have nothing to do with zoom levels. No idea how this could be happening and what is more accurate ? Any thoughts / comments much appreciated.. Cheers !

D

One is a comparison between two currencies that are on the chart and the other displays comparison of all the currencies and represents 1 line for each individual currency. You are comparing two separate things and each one has its own settings.

[nanningbob]

I don't know if it is this week, or if it is me, but I just cannot get my entrances right....)

Hi
Do not despair!!! The name of the game in FOREX is Survival. You should trade and endeavor to survive. If you manage to survive for more than 2 years whilst trading then you will have enough experience to ensure profitable trading. Stick with it and do not rush things. You will overcome rough periods.
Kind regards

Good to see you again. Long time no see. How has it been going?

[nanningbob]

Hi Bob
Thanks for your great work . I saw in one of your post
the CSS 1.0.10NB
but I can not find the download?
maybe I am blind, sorry if I miss it..
could you give me the download link?
Thank you Gunter :hi:

It is a test version. It is not different in the numbers but it has some added signals that I am working on.
Actually if someone knows how to add pop up alerts to the CSS that could be usedful.

[nanningbob]

I don't know if it is this week, or if it is me, but I just cannot get my entrances right....)

Hi
Do not despair!!! The name of the game in FOREX is Survival. You should trade and endeavor to survive. If you manage to survive for more than 2 years whilst trading then you will have enough experience to ensure profitable trading. Stick with it and do not rush things. You will overcome rough periods.
Kind regards

Astral you would understand this. I am trading in the direction of the positive swap. So I have been using 5.0 to CT in the direction of the swap and 10.6 trend in the direction of the positive swap. By doing this I have added 3/4% to my account. If I continue this that means 1% of my account increase will be the positive swap rate. For an entire year it could add up to 10-12% of my account. Since my goal is to increase my account by 10% a month it means I can have an extra month of goal profit added to my account. An interesting concept to a fellow CT trader.

Oh and since half your trades are trend and about half CT the DD is balanced. In other words one is hedged against the other. Hedge trading works. LOL

[Anonymous]

Bob is spot on as usual.

NZD TURNING DOWN.

Unfortunately, no STO7 signal. So, taking NZDJPY based on H4 IB setup. It may not work out, we will have to wait and see. BTW,NZD and JPY crossing on H4.

[MrLong]

NZDJPY, is the only pair out of the crosses, making higher highs and higher lows on both the daily and weekly timeframe.

Andy