This just flat. yes flat. and no good for new op. price on GBPCHF still on move near the pivot line 1.4603.
no good for op on this condition.
today i like to sell this pair @ 1.4637
my stop loss of the day @ 1.4657
half take profit for today @ 1.4616
and further half take profit @ 1.4600
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time frame- M15
price is moving in the down trend direction but hold at the support 1.4540 level and moving up side now the pivot point 1.4602 is rejected its up movement. the rsi indicator is also moving down side.
trade- short@1.4580
take profit@1.4530
stop loss@1.4630
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the market conditions on the currency pairs gbpchf is TREND DOWN with the following criteria :
running price on the market is 1.4600
time frame that I use is H1
date on the forex market is 2013.09.27 11:29:37
yesterday high = 1.4641
yesterday low = 1.4565
Pivots = 1.4602
S1 = 1.4563
S2 = 1.4526
S3 = 1.4487
R1 = 1.4639
R2 = 1.4678
R3 = 1.4715
so I'm is recommend your to open position SELL at current market 1.4600 points with the risk management stop loss at point 1.4625 and take profit at point 1.4575
please try this and good luck all
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.
I use scalping strategies on this currency pairs Gbp/Chf so I prefer the short time that is the timeframe M15 and M30,
that's position market on 1.4636 then also there are some indicators that I use as the Bollinger Bands is TREND UP, ADX is TREND DOWN, Stochastic is TREND DOWN.
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 09:38 and use a stop loss and take profit of 30 pips
is the take profit at 1.4606 and stop loss at 1.4666
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Gbp/chf analysis for 09.27.2013 by using pivot indicator.
r3: 1.4714
r2: 1.4678
r1: 1.4638
pivot: 1.4602
s1: 1.4562
s2: 1.4526
s3: 1.4486
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.
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.
today i like to sell this pair @ 1.4594
my stop loss of the day @ 1.4614
half take profit for today @ 1.4576
and further half take profit @ 1.4560
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.
today my analysis to open position BUY at market watch on 17:33 in currency pairs Gbp/Chf with H1 timeframe and market position at 1.4583,
because if my prediction of several indicators in Cricket Scalper shows there is a BULLISH signal on the Gbp/Chf pairs
and Stoch(5, 3, 3) indicators are in position 20 and shows a TREND UP signal,
so the most appropriate order position is to perform open position BUY by placing a stop loss at 1.4558 and take profit at 1.4608
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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