The trading rang for today is among the major support @ 1.3255 and the key of resistance @ 1.3440.
The general over short term basis is to the upside targeting 1.34 as far as area of 1.3440 .
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The trading rang for today is among the major support @ 1.3255 and the key of resistance @ 1.3440.
The general over short term basis is to the upside targeting 1.34 as far as area of 1.3440 .
Evaluation
2 position I 'm floting loss,
but I am trying to survive daily because the candle was still inside the lines sma5.
I show in tf daily chart to make it look obvious.
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.
Image link:
http://i1123.photobucket.com/albums/...1121-57-35.png
This pair succeeded to break the downtrend movement and currently rising upwards.The pair is now targeting 1.3610.Retest to the trend line might occurs around 1.3440 area.
loss and loss. cut loss of all: -137 and -206.
trend up, I think the safe limit to the low weekly sma5, namely @1.3768.
I will open the instant positions and some pending orders.
instan buy order @ 1.3615
buy limit 1 @ 1.3546
buy limit 2 @ 1.3491
http://i1123.photobucket.com/albums/...1121-54-16.png
price movements are still halfway to sma5 weekly.
continue to oversee About areas of sma5 a weekly, high and low
because I 'm sure it will be an area for the price reverses direction.
http://i1123.photobucket.com/albums/...1122-28-36.png
current position, a position succeeded in profit, +27.
two positions is still pending order is executed, we move the pending order
follow line sma5 movement.
trend is still up.
buy limit 1 @ 1.3582
buy limit 2 @ 1.2540
http://i1123.photobucket.com/albums/...1121-37-07.png
price has been bouncing on the line ema62 tf h4. all pending orders are executed.
we let all positions floting until tomorrow,
because I think prices still going up.
http://i1123.photobucket.com/albums/...1120-38-01.png
GBPCHF is moving it downtrend channel
The price wasn't able to pass resistance level so far. We might expect reversal to support area
I think that we put the wrong position.
Turning toward the price turns out, whereas in tf d1, green marbles already emerged.
I try to take the risk of installing the OP buy,
because it usually bounces at sma5 low prices.
instan buy order @ 1.3455
http://i1123.photobucket.com/albums/...20-43-39-1.png
yet there is a profit position,
but if you perhatiakn green candle has emerged, although still small.
but I 'm sure prices will move higher.
correction should have run up the price first,
then moves down.
http://i1123.photobucket.com/albums/...1116-55-54.png