price now: 0.8358
sell price @ 0.8674
profit in pips :316
stop loss :0.8563
Resistance 1: 0.8384
Resistance 2: 0.8390
support 1: 0.8335
support 2: 0.8329
Thread: Cad/Chf
price now: 0.8358
sell price @ 0.8674
profit in pips :316
stop loss :0.8563
Resistance 1: 0.8384
Resistance 2: 0.8390
support 1: 0.8335
support 2: 0.8329
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in 1h chart
the pair is trade down the broken up trend
my entry price is : 0.8365
i see the pair will go down to 1st tp : 0.8330
2nd tp : 0.8300
3rd tp : 0.8255
good luck![]()
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Today 12/12/2013
Resistance and Support
R3: 0.8522
R2: 0.8470
R1: 0.8423
Pivots: 0.8377
S1: 0.8312
S2: 0.8266
S3: 0.8219
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Update: 12 December 2013
resistance3: 0.8477
resistance2: 0.8425
resistance1: 0.8373
Key point: 0.8320
support1: 0.8287
support2: 0.8246
support3: 0.8211
sell: 0.8376
Short target: 0.8323
Long target: 0.8288
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today my analysis to open position BUY at market watch on 13:49 in currency pairs Cad/Chf with H1 timeframe and market position at 0.8398,
because if my prediction of several indicators in Cricket Scalper shows there is a OVERSOLD signal on the Cad/Chf pairs
and Stoch(5, 3, 3) indicators are in position BREAK LOW and shows a BULLISH signal,
so the most appropriate order position is to perform open position BUY by placing a stop loss at 0.8378 and take profit at 0.8418
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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 0.8420
and upper trend line.
Now the price try to move down ward.
I think the price may touch daily pivot point 0.9340
so sell now from 0.8390
the pivot point will be my target
stop loss will be above the resistance 1 level 0.8420
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Cci (14): 159.33
Bulls (13): 0.0019
I see the in pair down trend
So I will sell from: 0.8391
And my target today is: 0.8343
And target2 today is:0.8299
Good luck
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I use scalping strategies on this currency pairs Cad/Chf so I prefer the short time that is the timeframe M15 and M30,
that's position market on 0.8369 then also there are some indicators that I use as the Bollinger Bands is OVERBOUGHT, ADX is UP TREND, Stochastic is OVERBOUGHT.
Then consider the position if the market trend is moving toward more leads OVERBOUGHT,
then I strongly encourage you to order SELL at current market at 13:03 and use a stop loss and take profit of 80 pips
is the take profit at 0.8339 and stop loss at 0.8399
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analysis of several indicators that I use on cad/chf currency with M30 and H1 timeframes are in the form of pivots indicator R3=0.8361, R2=0.8355, R1=0.8351, Pivots=0.8345, S1=0.8341, S2=0.8335, S3=0.8331 indicates the following as well as I use other indicators such as zona trade that displays the zona signal Bullish on market position 0.8365 so that the most appropriate step is to conduct an open position SELL with a stop loss of 0.8395 and take profit at 0.8335
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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