EUR/CHF rose slightly above the pivot level 1.2360, if price able to stay above the pivot, the opportunity to rise to the level of 1.2397 will open, but if the pair fell below the pivot, then it will likely come down to a level of 1.2320
Thread: Eur/Chf
EUR/CHF rose slightly above the pivot level 1.2360, if price able to stay above the pivot, the opportunity to rise to the level of 1.2397 will open, but if the pair fell below the pivot, then it will likely come down to a level of 1.2320
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The following data is predicted based on indicators that we use for the currency pair EUR/CHF today, for today's support and resistance levels as follows: (R3=1,2471), (R2=1,2435), (R1=1,2397), (Pivots=1,2361), (S1=1,2323), (S2=1,2287), (S3=1,2249)
recommendation:
place your sell stop at 1,2341 target profit at 1,2321 (Seller zones)
place your buy stop at 1,2381 profit target at 1,2401 (buyer zone)
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Eur/chf analysis for 09.09.2013 by using pivot indicator.
r3: 1.24597
r2: 1.24289
r1: 1.24119
pivot: 1.23811
s1: 1.23641
s2: 1.23333
s3: 1.23163
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EURCHF, at today's opening price tends to move sideways. the price is still above the band BS daily, meaning that market dominance is still held by the buyer. Weekly LSMA conditions pointing down but horizontally. Daily LSMA conditions pointing up but horizontally. conditions that are confusing. then I recommend to wait until conditions clear. but look at the weekly LSMA conditions are pointing down, then I would tend to look for short positions. that is when the price is below the daily LSMA. if it moves down the target price is 1.2324.
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Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
My analysist for eurchf today, 09 september 2013
this strategy is using open day daily chart. So, my strategy is based on the open daily price.
This strategy is simple, just using dolly graphic. So my strategy is just using pending order.
Buy stop 1.2382 tp 1.2402 sl 1.2342
sell stop 1.2342 tp 1.2322 sl 1.2382
happy trading, may profit always with us
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euro is still more stronger then swiss franc swiss as today 1 euro is equal to 1.24 swiss franc
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despite bearish on EURCHF at state h1 timeframe, I think 1.2325 is a strong support. daily up trend is still intact, still illustrated that EURCHF has not been able to break the bullish trend direction, the movement of the next week I'm sure EURCHF will continue the up trend movement will likely be able breakhigh even daily at price 1.2398
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I use scalping strategies on this currency pairs Eur/Chf so I prefer the short time that is the timeframe M15 and M30,
that's position market on 1.2352 then also there are some indicators that I use as the Bollinger Bands is TREND DOWN, ADX is TREND DOWN, Stochastic is TREND UP.
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 17:51 and use a stop loss and take profit of 20 pips
is the take profit at 1.2332 and stop loss at 1.2372
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My daily trading,I hope the day is a success ...
EUR/CHF (Daily Trade)
Open : 1.2394
Resistance : 1.2410 1.2430 1.2460
Support : 1.2282 1.2262 1.2232
High / Low : 1.2399 / 1.2380
Range : 19 pips
Running Price : 1.2387
for intraday trade today suggest sell at the level 1.2387, stop loss at the level 1.2410, target take profit at the level 1.2232
===GOOD LUCK===
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