USD/CHF

lookin weak tonight

waiting for a break and close to the lower side of this range on the 4 hour chart to take on a short

Long USDCHF cannarek setup we will see...

-----------------

" W " chart Pattern

.

climbing up .... long or short?

Trend has not upgive and still move up .... but to when?

Look this chart

my 2nd trade post on this forum my first was unsuccessful, lets see how this goes...

Dollar has rallied significantly due to bullish fundamentals, but price is reaching a daily supply(sell off) level at 1.0475, extremely overbought daily CCI and bearish divergence on daily MACD, as well as 1hr CCI and MACD bearish divergence.

enter short at 1.0475 with stop at 1.0513(10pips above supply zone). for a 33pip risk.

or for a more conservative entry:

wait for 30min trendline break for confirmation for entry, you may miss out on a few extra pips but it gives you more confirmation for your entry short, i personally will be entering at 1.0475.

Profit target being 3:1 reward to risk.

http://i194.photobucket.com/albums/z...upplylevel.png

http://i194.photobucket.com/albums/z...level30min.png

hi
entry 1.04050-1.04310 (4 order)
sl 1.0337
tp1 1.0495 tp2 1.550 tp3 1.0620

reverse entry 1.0337
sl 1.04050
tp 1.0270
in this post ( http://www.forexfactory.com/showpost...stcount=183455) i put the orders with explanation for euro which hit the first tp.you can see it and ask your questions about the chart
i do it for 9 charts so its take so long to put all of them in froums but i will try

There you have it, move stop to break even, profit is a few pips away. Perfect trade.

http://i194.photobucket.com/albums/z...evelprofit.png

The Swiss appear to be on a mission, will stay out of their way until 1.0689 or 1.0744

Cup & Handle !

I'm laughing at myself right now ....Knew what was gonna happen but impatience got the best of me. Knew stops would be flushed at, 1.502 but bailed at 1.496 for a loss of -10 pips. The easiest 50 pips flushed away. Rate at 1.4050

My tight sl really pisses me off but I love it nonetheless. (Scalper)

Always trade your plan.

There will be more chances above the 1.07 level.

Look at a daily chart, clearly in a down trend.
Look at what happens at the round number of 1.0500.

That is why I am short. Expect to see the trend pull price lower over next couple of days. Stop at 1.0510 just above the recent highs.

Target ... 1.0784

Almost Agree !




Below R

B4 & After !

Bearish Kumo Breakout on 1h chart

http://farm3.static.flickr.com/2731/...0bda9c43_b.jpg

looks like this might be a good point to take a long position..
got the long wicks on the bottom, sitting on support in an uptrend, bottom of bollinger bands, think ill take a reduced size position to the long and set my limit at the 32 fib lvl

A possible AB=CD harmonic pattern in USDCHF - daily time frame






p.s. :The analyses from aradsarmaye belong to some Iranian trader in an Iranian FOREX forum called “Arad Sarmaye”


http://aradsarmaye.net/showpost.php?...&postcount=389

Growth couples on Friday sharply increased, consumers were able to raise it to the level of 1.0800, which she showed on Friday, twice. The subsequent decline in the pair closed Friday at 1.0730. decline yesterday after three days of growth continued, but support at 1.0700 and EMA55 not allow the pair to descend down. Today's trading was generally calm, within the opening price. Middle of moving EMA21 and EMA55 continue to move upwards, MACD and RSI indicators are above their central lines and show weak growth. Objective pair up - overcoming resistance at 1.0750, then 1.0770 and testing 1.0800. Movement down - 1.0700 (if the motion to which the couple will be supported by rising from EMA21 and EMA55), then 1.0680, then 1.0640.
Resistance levels: 1.0750, 1.0800 Support levels: 1.0700, 1.0680, 1.0640