time chart = 15 min
RSI14= buy
A D X=buy
so i will buy from 1.4450
TAKE PROFIT 1: 1.4480
STOP LOSE 1: 1.4420
good luck
Thread: Gbp/Chf
time chart = 15 min
RSI14= buy
A D X=buy
so i will buy from 1.4450
TAKE PROFIT 1: 1.4480
STOP LOSE 1: 1.4420
good luck
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When ever we saw a new low pair try to recover above downtrend line and that recovery is so fast that did not offer any second entry but this time price make a new lower low and recovery with a good strong hammer but the follow up price action is very weak with price failed to make a new lower high and break below its open is a real sign of weakness and I would like to see a new low before we can see another chance of recovery but a break above 1.4550 will give us second entry with strong rally across the board is needed
regards
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hello all
today 28/10/2013
frame 1h
the pair trend is down
sell market from 1.4451
TAKE PROFIT 1: 1.4300
STOP LOSE 1: 1.4520
GOOD LUCK TO ALL
Last edited by omnia1234; 2013-10-29 at 05:32 AM.
price now is 1.4452
Price Facing The 1.4420 Strong support
, If 4h Candle Close above It , We Can See 1.4490 As First Target
. If Close Again above This support 1.4490 , We Will See 1.4530 As 2nd Target
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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.
the pair price already touched daily resistance 1 level 1.4425 and upper trend line.
Now the price try to move down ward.
I think the price may touch daily pivot point 1.4425
so sell now from 1.4450
the pivot point will be my target
stop loss will be above the resistance 1 level 1.4475
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Standart Pivot Point - Support - Resistance
Update: 28 Oct 2013 21:20
Time Frame : Daily
PAIR : GBPCHF
LOW : 1.4428
HIGH : 1.4496
CLOSE : 1.4429
S3 : 1.4338
S2 : 1.4383
S1 : 1.4406
Pivot : 1.4451
R1 : 1.4474
R2 : 1.4519
R3 : 1.4542
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Fibonacci pivot point result dayly 2013.10.28.
Pair = GBPCHF
Resistance 3 = 1.4519
Resistance 2 = 1.4493
Resistance 1 = 1.4477
Pivot Point = 1.4451
Support 1 = 1.4425
Support 2 = 1.4409
Support 3 = 1.4383
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Pair = GBPCHF
Woodie's Pivot Point
Time = Dayly, 2013.10.28
Result
R2= 1.4513
R1= 1.4463
PP= 1.4446
S1= 1.4395
S2= 1.4378
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Pair = GBPCHF
date : 28 october 2013
R3 = 1.4551
R2 = 1.4502
R1 = 1.4471
PP = 1.4451
S1 = 1.4412
S2 = 1.4389
S3 = 1.4344
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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