Hi all,
I have been trading forex for a while now using candlestick analysis and three indicators.
I’m currently selling the USD/CHF and I’m about to enter a trade with this great pair too. Sell one lot only risking 5% of your account. Theres no price target, so all we do is adjust our stop (including spread) to the low of each day that closes.
I’ll post trade updates as we go.
Hi all,
Because this trade didn’t trigger, it is no longer valid.
The change of direction has been really unexpected yesterday and this morning. Although is an exciting day as GBP is a race to parity with EUR. Parity is the next level and we could face it pretty soon.
It might touch/cross 1.4 which would be the lowest in 7 years. Got to be carefull in 1.4-1.45 range. We might witness a reversal.
A channel has been formed between 1.4707 and 1.4488 after a strong downtrend consolidation.
We could expect a slow pressure towards the current downtrend depicted since September.
That is a reversal towards 1.4902 at which level either the downtrend consolidation will be confirm or a trend correction will occur.
:eek:
So…
YOU THINK IS GOING DOWN OR UP?
LOL I must say…I’m impress
But yet again I’m just a beginner and we can get impress for everything 
hahahahaha.
just joking bro!
Nice work!!!
Keep it coming:D
I think it would stay around 1.40 level for a while.
But it’ll retrace at 1.41 later
