the key to the mint

This news report came over ( Trade the News ) not long before the big moves, strange that it has affected the market the way it has.

RUMORS CIRCULATING OF POTENTIAL COORDINATED CENTRAL BANK INTEREST RATE CUTS HELPING EQUITY MARKETS BOUNCE FROM SESSION LOWS
- Note rumors of the early European equity sell-off fueled by market chatter that Abu Dhabi Abu Dhabi Investment Authority would withdraw its cash infusion inti Citigroup, thus perhaps having Citigroup file for bankruptcy protection<C EUR/JPY USD/JPY BUNDS JGB TLT GLD SPY>

back to computerland and see all our signals turned against us after 700GMT bar. glad this method and I set targets that were hit within 15 minutes of the 600GMT start bar. in this situation, taking the gree away created more wins and holding on to more pips! always got to keep this in the front on my mind when trading!

moving forward.... i see a possible entry in the GBPCHF at the start of the 11 GMT bar (7am eastern time). however the bar may be very long and require retracement back to the ema before entry. my anticipation toughts.

Hello all,

I have been following the thread and think its great. Many thanks Harold. Im a bit of newbie, but dedicated and learning fast..

Could anyone explain why the 600 GMT candle is a good time to trade?

Im aware Tokyo opens at 0.00 GMT, London at 8.00 GMT and U.S at 13.00 GMT, but cant quite figure out where the 600 is comin from..or even if it is anything to do with this.

Any additional info on good trading times (i live GMT) would be great.. (sorry if this has been covered before)..

Jords

no trade on the gbpchf at this time

short 2.1520

morning all very good night i grabbed 50 on gbpjpy cadjpy, and the new kid on the block audjpy both would have given wins also eurjpy happened 1 hr later and would have given just barely 29 non the less a good night

jords welcome i start at 600 gmt which is 2 am my time and 7 am london 1 hr before the london opens and it seems to be an effective start of day a lot of moves start then dont know why

out for +30

+ 55 pips total on Eurjpy and Cadjpy for the day.

markets going a little nuts right now possible signal at the end on candle for gbpchf

Thanks for all your time and effort.

I thought I had it all down pat untill last night's post including the gbp/chf for a possible short.

I've read just about every page in the thread but can't find my error. Could someone help with this one?

Thanks in advance to all who reply.

Sebastian

good start to this week for everyone i made 30 yesterday and 50 today and the new kid audjpy also got in the action which is very encouraging too

there was a signal on this candle

hi sebatian last week after studying the charts i realized that the stoc on the daily chart wasnt necessary its a cycle tool which should be only used on the interday trades so dont look at stoc on daily chart just use it on hourly along with the other 2 indicators to generate signals. as far as ob/os if you get a signal on hourly and stoc is in the 10's or 80's stay out

based on my charts croese the stoc did not cross at the close of 1200 gmt here is chart

hi all again ... are we going to take the signals (is they occour) after this big news???

so that what moved the market a .75 point drop in interest rates the drop was already factored in just the additional drop wasnt so market will move a little more the signal might happen on the gbpchf at 1300gmt

Thanks Harold great system!

no problem as long as you are on the same page now the cadjpy may have a signal also at 1300?

you dont think the volatily is to hight for taking the signal??