For right now GBPCHF still on flat to bulls. take the action buy is better if 1.4646 can be break by next buyer. just it
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For right now GBPCHF still on flat to bulls. take the action buy is better if 1.4646 can be break by next buyer. just it
today i like to sell this pair @ 1.4594
my stop loss of the day @ 1.4614
half take profit for today @ 1.4576
and further half take profit @ 1.4560
GBPCHF now tries to rise above the pivot, and if this attempt is successful this will encourage the couple to ascend to the level of 1.4636, however if the price remained below the pivot, it's likely the couple would fall to as low as 1.4561Spoiler:
Gbp/chf analysis for 09.27.2013 by using pivot indicator.
r3: 1.4714
r2: 1.4678
r1: 1.4638
pivot: 1.4602
s1: 1.4562
s2: 1.4526
s3: 1.4486
I use scalping strategies on this currency pairs Gbp/Chf so I prefer the short time that is the timeframe M15 and M30,
that's position market on 1.4636 then also there are some indicators that I use as the Bollinger Bands is TREND UP, ADX is TREND DOWN, Stochastic is TREND DOWN.
Then consider the position if the market trend is moving toward more leads TREND DOWN,
then I strongly encourage you to order SELL at current market at 09:38 and use a stop loss and take profit of 30 pips
is the take profit at 1.4606 and stop loss at 1.4666
the market conditions on the currency pairs gbpchf is TREND DOWN with the following criteria :
running price on the market is 1.4600
time frame that I use is H1
date on the forex market is 2013.09.27 11:29:37
yesterday high = 1.4641
yesterday low = 1.4565
Pivots = 1.4602
S1 = 1.4563
S2 = 1.4526
S3 = 1.4487
R1 = 1.4639
R2 = 1.4678
R3 = 1.4715
so I'm is recommend your to open position SELL at current market 1.4600 points with the risk management stop loss at point 1.4625 and take profit at point 1.4575
please try this and good luck all
time frame- M15
price is moving in the down trend direction but hold at the support 1.4540 level and moving up side now the pivot point 1.4602 is rejected its up movement. the rsi indicator is also moving down side.
trade- short@1.4580
take profit@1.4530
stop loss@1.4630
today i like to sell this pair @ 1.4637
my stop loss of the day @ 1.4657
half take profit for today @ 1.4616
and further half take profit @ 1.4600
This just flat. yes flat. and no good for new op. price on GBPCHF still on move near the pivot line 1.4603.
no good for op on this condition.
Hi dear kiya share karian kuoon kay iss waqat market band haay iss kay barya mian itna hi kha sakta hoon kay gbp or chf aik hi tasveer kay du rukh hian kuoon kay iss mian up yah down gbp per hay orr agar haam iss main trade karna chatya hain tu hamain dollar per bhee hay kay uss ke movment kise hay .