Cad/Chf is unfamiliar currency fair for me.Because i never try to give any trade in this currency. But now i give one trade and get dome profit.It is a not a major currency.As result,it has very slow movement.
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Cad/Chf is unfamiliar currency fair for me.Because i never try to give any trade in this currency. But now i give one trade and get dome profit.It is a not a major currency.As result,it has very slow movement.
still have my buy position @ 0.8555 in profits,
to be safe set my T/P at 0.8590
Also have a pending order sell @ 0.8490
lets see what happens.
the pair trade down the down trend in 1h chart
stochastic refers to down way
so the pair will continue to down way
so sell the pair and our target will 0.8500
stop loss will 0.8565
http://www12.0zz0.com/2013/11/28/21/790169279.png
how are you
date : 28 november 2013
chart :30 min
I expect from this analyze that the price will go to up way
today I am giving one order
buy 0.01 at 0.8551
tp : 0.8597
sl : 0.8501
analize today
price now is 0.8555
regarding to indicators
most indicators refers to up way
so buy now
tp/0.8625
sl/0.8505
http://www4.0zz0.com/2013/11/28/22/593079905.png
we can see in the 1h chart
the pair will go to down way to the down trend line
i see the pair will go to down way to 0.8451
stochastic refers that the pair will go down
so our target sell from 0.8551 and our target will 100pips
analysis for today 11 / 29 / 2013
My daily trading,I hope the day is a success ...
CAD/CHF (Daily Trade)
Resistance : R1 0.8608 R2 0.8633 R3 0.8653 R4 0.8683
Support : S1 0.8480 S2 0.8455 S3 0.8435 S4 0.8405
Open : 0.8553
High : 0.8555
Low : 0.8533
Range : 22 Pips
Running Price : 0.8535
For intraday trade today suggest SELL at the level 0.8535 stop loss at the level 0.8608 target take profit at the level 0.8435 or at the level 0.8405
Spoiler:
TECHNICAL ANALYSIS
CADCHF
TIME FRAME H1
Exponential MA "18" : BEARISH
Exponential MA "28" : BEARISH
Exponential MA "50" : BEARISH
Parabolic SAR "0.05/0.2" : BULLISH
MACD "30/60/30" : BEARISH
TREND: BEARISH
http://charts.mql5.com/3/194/cadchfr...rectdealer.png
Date: 29-11-2013
Time frame: 1h
High and low prices
High today is: 0.8557
Low today is: 0.8532
Total pips today: 25
So buy from: 0.8540
Our target 1 is: 0.8560
Our target 2 is: 0.8580
still have my sell position @ 1.4790 in profits,
to be safe set my T/P at@1.4720
Also have a pending order buy @ 1.4860
lets see what happens.