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Thread: Gbp/Chf

  1. #5629
    Banned jhonystatham is on a distinguished road jhonystatham's Avatar
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    Compared to yesterday we can notice that a new daily opening was lower than that of the last day which implies to us that the trend was taking down direction on the last day.
    According to what we saw on the GBPCHF chart today we know that a red down arrow signal is taking place above the price proving to us that a bearish signal is taking place for the short term trading.
    Taking that case into consideration I do think that the last opening at 1.5165 should be acting as a take profit level as it is at the same time a strong support and the price might be having hard time trying to break such level and heading down In the end I do think that following up the trading systems rules would be the best and that is by waiting for a clear red line on the check indicator and also at the same time the color of the trader indicator should be red and that of course in order to make sure that it is the right bearish trend before making any attempt for any sell positions.
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  2. #5628
    Senior Member osos is on a distinguished road osos's Avatar
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    The GBPCHF chart before us is giving us a down trend signal as the 3 EMA 2 and 5 and 6 are currently moving below the EMA 35 so after the other indicators confirm the bearish direction logically i will head for sell positions .
    below the candles i can see that the dots created by the Barabolic Sar indicator which is an indication for the possibility that the direction is about to be heading upward also monitoring the sell signal in front us on the MACD indicator which is currently moving below the level 0 for now in addition to that there is a downward signal formed by the CCI line which is currently located at lower level .
    So based on the EMAs signals shown i can say that i do prefer the selling positions that are if no bullish signals are shown in front of us .

    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.


  3. #5627
    Banned samoo is on a distinguished road samoo's Avatar
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    In the GBPCHF chart in front of us we can see that there is a bullish cross between the EMAs 9 and 152 which shows that the price may take a north direction for the next few hours.
    By monitoring the Histogram indicator we get to see the line formed to be green like the last signal to make for the pair a bullish signal by becoming above the 0 leveled histogram.
    As for the emotion indicator we can find another red line to be shown which proves to be a good signal for start of the fall for even lower prices for the GBPCHF The slope is also moving below the level of 0 at Guru Indicator and showing a red color is to show that the price is taking a bearish ction at the moment.
    Clearly as you can see there is a big chance for the price to go north and actually hit the next resistance at level 1.5251 so I recommend as long as the indicator keep showing the same signals to buy

    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.


  4. #5626
    Senior Member troykilson is on a distinguished road troykilson's Avatar
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    Based on the hourly chart of the blade oscillator the GBPCHF is having a strong bearish trend by locating at 0.0016 below the level of balance and the indicator is red colored that means there is a strong bearish move will happen in a short time .
    By using moving average 5 we will notice a UP slope so 1.1585 could be considered a good stop loss for if there were sell positions as it is considered the last top by using the indicators signals .

    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.


  5. #5625
    Senior Member ralf is on a distinguished road ralf's Avatar
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    Today on the GBPCHF chart we can see that the price is moving above EMA indicators taking a bullish direction.
    We can also see that the RSI indicator is giving us a buy signal according to the position of the line which is currently above the center line of 35.
    We can also use the data from the MACD indicator to determine like in the case that the bears are the ones controlling the market in the current period and thats because of the green lines heading down in my opinion.
    I do think that the going with the bulls for the current day would be wise but that would be until the price gets below the EMA indicator wave creating by that a new sell signal .

    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.


  6. #5624
    Senior Member hatrik is on a distinguished road hatrik's Avatar
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    On the GBPCHF chart the momentum indicator shows clearly a cross as the blue line goes below the red line to make a good sell signal for the current time.
    The Oracle Strength indicator shows a blue color and that indicates a upward direction on the GBPCHF chart.
    To be more accurate you can see the blue colored arrows which mean that there is a upward signal for now on the Oracle direction indicator.
    From all the data from the indicators above and as long as the momentum indicator shows a sell cross the downward trend is shown on the chart and my advice is to go for the sell trades as long as the ATR indicator shows a sell signals.

    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.


  7. #5623
    Banned halloiasan is on a distinguished road halloiasan's Avatar
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    When trying to analyze the GBPCHF there is a bullish channel as you can see to narrow the market movement area between 2 trend lines which tells that the market is in his way for up trend.
    Using the donchain channel you can see the price moving at the lower edge of it then I can think about north direction for the price as long as no opposite signs Currently the awesome oscillator has a Currently the awesome oscillator has a appear on awesome oscillator.
    Currently the awesome oscillator has a green bars which appears below the level of 0 which can be considered as a good buy signal.
    Same on the stostatic indicator which show a buy signal by getting a clear bullish cross between two lines near the 80th 20 level.
    Till now up trend seems to be a stronger choice although waiting for buy signals on all the indicators together is a best case but by the way buying the pair targeting the up line of the channel or the high level of donchain channel is not bad idea

    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.


  8. #5622
    Senior Member hmmo is on a distinguished road hmmo's Avatar
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    According to the vestro indicator for the GBPCHF pair it indicates a bullish saturation on its last move then I will use it to predict a upward direction for now.
    On the chart the price is located quite above the price of the blue level at 1.5203 which is the balanced level and according to this bullish trend that we can assumed we can enter a buy positions targeting the next resistance near the area 1.5237 and then you can use level 1.5258 as your next target .
    But clearly opposite signals on the vestor or if the price breaks the 1.5169 level you should start thinking about a bearish trend.

    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.


  9. #5621
    Senior Member osos is on a distinguished road osos's Avatar
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    The GBPCHF chart before us is giving us a down trend signal as the 3 EMA 2 and 5 and 6 are currently moving below the EMA 35 so after the other indicators confirm the bearish direction logically i will head for sell positions .
    below the candles i can see that the dots created by the Barabolic Sar indicator which is an indication for the possibility that the direction is about to be heading upward also monitoring the sell signal in front us on the MACD indicator which is currently moving below the level 0 for now in addition to that there is a upward signal formed by the CCI line which is currently located at higher level .
    So based on the EMAs signals shown i can say that i do prefer the selling positions that are if no bullish signals are shown in front of us .

    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.


  10. #5620
    Senior Member troykilson is on a distinguished road troykilson's Avatar
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    Based on the hourly chart of the blade oscillator the GBPCHF is having a weak bullish trend by locating at 0.0006 above the level of balance and the indicator is red colored that means there is a weak bullish move will happen in a short time .
    By using moving average 5 we will notice a down slope so 1.521 could be considered a good stop loss for if there were buy positions as it is considered the last bottom by using the indicators signals .

    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.


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