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| 10.7 CSS https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=3556 |
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| Author: | milanese [ Sun Aug 17, 2014 4:58 pm ] |
| Post subject: | 10.7 CSS |
It is used if showOnlySymbolOnChart is set to true, it is used to set a min diff. for the two currencies to show one as "long" and the other as "short". Cheers  Tommaso |
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| Author: | helloworld123 [ Tue Aug 19, 2014 10:56 pm ] |
| Post subject: | 10.7 CSS |
Thank you milanese. Can I humbly propose an improvement to this indi  : Add on a slope value for each currency? It would be visually helpful just like a stochastic. When the angle/slope of a stochastic is good, means it has a good strength.Attached picture is the description. Thanks again . |
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| Author: | TraderDesk [ Wed Sep 03, 2014 4:27 am ] |
| Post subject: | 10.7 CSS |
Checking the daily CSS on my screen and I noticed that all the currencies I follow are showing either a strong bull trend or bear trend. None of the currencies are within the 0.2/-0.2 lines. When was the last time you saw that happen? |
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| Author: | nanningbob [ Wed Sep 03, 2014 2:23 pm ] |
| Post subject: | 10.7 CSS |
It will do that when something is running amok. Weak volume and strong news will do that. Probably the last time was spring and early summer 2013 with the JPY run. Sorry to say I missed this and was not expecting it to happen in August. I was suspecting something like this in the fall but not now so messed up royally on this one. |
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| Author: | Pedigree [ Wed Sep 03, 2014 8:12 pm ] |
| Post subject: | 10.7 CSS |
August is a month that every trader will do well to be especially on the look-out for. It is the month when many systems that had been working well seem, all of a sudden to fail and get abandoned, unknown to the user that the blip was just a temporary spanner thrown into the works by the atypical market in this crazy month. It appears to be preceded in late July by a lull in which the Global Market Trend indi falls below 0.25. At this level, the market is in a consolidation peak, a coiled-spring state that could breakout in any direction at any time. New trends begin, meaning that previous ones may actually do a complete U-turn. It is the MOST UNPREDICTABLE period in the market cycle. It is best at this time to quit trading for 24 to 48 hours and just wait for the market to show its hand; to let a course be set before trading again. When the breakout occurs, one particular pair seems to play the renegade and to defy all reason. It just keeps going and going! You will find its component currencies at the top and bottom of the D1 CSS. In August 2013, it was EURGBP and I recall that it cost me a pretty penny then!!! This last August, it was GBPUSD. Fortunately, I was better prepared this time around! So, henceforth beware the month of August and the pair that may turn out to be its renegade. |
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| Author: | nanningbob [ Wed Sep 03, 2014 11:45 pm ] |
| Post subject: | 10.7 CSS |
Well I got burned on the NZD with the stupid powdered milk price drop. Who ever would have thought powdered milk could drop a currency. Every time the NZD would go back into its trend it will drop hundreds of points because the price went down. Learn something new. Sheesh gotta watch the price of milk.  |
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| Author: | rocketman99 [ Thu Sep 04, 2014 4:33 am ] |
| Post subject: | 10.7 CSS |
I am still hanging in there on NZD. Almost broke even and then their reserve bank governor said the currency is overvalued and unsustainable at these levels. Guess what happened? I almost doubled my open DD, but my swap keeps ticking over. Same happened this week with AUD. Reserve bank governor spoke after rates decision and said currency is too high, but luckily AUD bounced back almost 100%. There have been some wild swings this last week. |
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| Author: | nanningbob [ Thu Sep 04, 2014 7:03 am ] |
| Post subject: | 10.7 CSS |
I have learned through experience that a currencies talk up or talk down by central banks does not last unless it is a change of policy. Just saying the currency is over/under price may make the market jump but it doesnt last. Now if he announced a change of policy that is a different story but talking down/up the price of a currency doesnt change its fundamentals. Now if he said they were changing the interest rate, that would change the fundamental of a currency. NZD raised rates to slow inflation but that increases the value of the currency. They cant have it both ways. Milk powder prices, a major export, have gone down setting aside some fears of inflation but the interest rate is still 1% higher than everyone else. Since the price has come down, sales should go up and that will put pressure on the currency to go up again, which will spark fears of inflation, then they will raise interest rates, milk powder prices will go down .............. so on and son on. So the base fundamental has not changed. So I will hang onto my NZD buys for now. |
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| Author: | Gertje [ Thu Sep 04, 2014 12:04 pm ] |
| Post subject: | ECB minimum bidratechange |
WOW  |
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| Author: | nanningbob [ Thu Sep 04, 2014 3:19 pm ] |
| Post subject: | 10.7 CSS |
I posted several Euro sells on just a hunch today and WOW is right. Been awhile since we have see a move like that. EURO will drop for a while so enjoy it. |
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