Current price @ 1.3298.
Clear trend that formed a bearish trend. but what I felt, I was afraid to open a direct position for fear the trend is over. then I put SELL LIMIT @1.3427 ( SMA High H4 )
And @ 1.3605 (EMA 62 H4 and strong SnR).
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Current price @ 1.3298.
Clear trend that formed a bearish trend. but what I felt, I was afraid to open a direct position for fear the trend is over. then I put SELL LIMIT @1.3427 ( SMA High H4 )
And @ 1.3605 (EMA 62 H4 and strong SnR).
Gbp/chf Pair is :
Today trend is :sell
today resistance and supporting level is:
Resistance is :
1,Resistance level is :1.3059
2,Resistance level is : 1.3068
3,Resistance level is :1.3081
Support is :
1,Supporting level is :1.3024
2,Supporting level is :1.3013
3,Supporting level is :1.3004
in time frame h4 analysis with stoch and cci- we can see that price is oversold are and cci is moving to up side. but now long position is not good because it is in down trend and pivot point may be act as resistance at 1.4567 so we must wait to break the lower trend line. look in the long position at 1.4640
Trend formed:
Current price 1.3341. longstanding trend down, I'm afraid to open the instant position, because any time the price trend may change UP. therefore, I put a sell limit some distance away, make it more secure.
Position For Order:
Position 1 ==> sell limit @1.3487
Position 2 ==> sell limit @1.3575
Position 3 ==> -
Money Management (MM):
Use multilevel lot. ...Lot Position 3 > lot position 2 > lot position 1.
Stop Loss and Target Propit up to you, I like to cut loss and cut profits.
Note:
Always slide the buy / sell limit follow the movement of sma or ema.
And remember, always disciplined and follow the rules .
Image link:
http://i1123.photobucket.com/albums/...1116-35-36.png
Today Gbp/Chf current rate : 1.30595
Today by observing all the routine of the market carefully I have come
To know that the most suitable and the most profitable selling point will be : 1.30450
and Today the Most profitable buy point will be : 1.30670
I hope you all will follow my signals and you will earn
More MoNey Good luck
KHaN BaLoCH
currency price in the forex market is 1.30572
By observing all the currencies in forex , that I say thtis currency pair is in clearly selling,Most profit able points will be as under
sell 1.30580
tp 1.30450
sl 1.30580
Good luck
Resistance and supporting level is
pair is: Gbp/Chf
trend is: sell
1, Resistance is : 1.3060
2, Resistance is : 1.3071
3, Resistance is : 1.3082
1, Supporting is : 1.3040
2, Supporting is : 1.3028
3, Supporting is : 1.3016
1.3615 is strong support if price fail to break it price will rise to 1.3820 and then 1.39 but if price break the low we will see further landing on this pair
Evaluasion
positions affected by loss yesterday, we did cut @ -46 . prices have experienced a correction, we wait in sma5 d1.
Position For Order:
sell limit 1 @ 1.3413
sell limit 2 @ 1.3481
Money Management (MM):
Use multilevel lot. ...Lot Position 3 > lot position 2 > lot position 1.
Stop Loss and Target Propit up to you, but i like to cut loss and cut profits.
Gbp/Chf trend is sell
Resistance and Supporting level is:
Resistance 1:1.3066
Resistance 2:1.3078
Resistance 3:1.3089
Supporting 1:1.3040
Supporting 2:1.3029
Supporting 3:1.3017