Maybe this will give us a clue.....
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Quoting xtsunamiDislikedMaybe one more line will help.Ignored
Quoting jjkwakDislikedMerlin, what are you using to generate these signals? Is it a software program or by hand? Also, I was wondering if anyone here has ever tried the program "4X MADE EASY" I remember seeing an infomercial on it, and looked it up, the damn thing costs $4000! Looks like a kid's program too.Ignored
Quoting toxinfreeDislikedHi there,
what is a DMI crossover ? Never heard/seen that one ?
Cheers
toxinfreeIgnored
Quoting xtsunamiDislikedBack to the one hour chart, updated.Ignored
Hi
This is my first post.
I'm not a daytrader but a med-term trader, but like your post, since of course watch intraday also. As a med-term trader keep positions usually running as far as possible but on the other side naturally use wider stops. Dealing US$/CHF since 1982.
My trading based on different techniques but for the last 5 years started to very closely observe patterns. Patterns repeat itselves. And the amazing thing is it doesn't matter whether it's on 60min. , daily, or weekly charts. They all look the same at the end. So it's all about interpreting these patterns correctly.
Currently short US$/CHF at 1.2475 with S/L 1.2595 and a T/P 1.2185. I'm aware that this move could go 100 pips lower, which would make the outlook for the buck very bleak for the next 3 months.
In the 1.21 area expect a bounce. And try to short later again.
Good luck and keep posting
Carlos Robertos
Quoting pipmonsterDislikedI was thinking the same thing, along with the eur/usd where it is now. I have my eye on the 3 hr charts. They are almost identical (inversed). Both showing a potential pin bar at prior resistance. We'll know shortly.
PipmonIgnored
Quoting narafaDislikedGlad to know that someone got notice of this. Unfortunately, USD/CHF rebounded quickly to 1.2542-44 range. Still far from the 1.2554-56 but off the lows of the mid 30's.
Thanks,
Nader.Ignored
Quoting fx-trader777Dislikedand there is no doubt that Greenspan will stop.Ignored