EURCHF Long 1.1965 T1 1.2100 T2 1.2270 T3 1.2380 SL 1.1780
GBPCHF Long 1.3385 T1 1.3490 T2 1.3580 SL 1.3255
EURCHF , GBPCHF Cancel the pending positions
It is going down down down
Hi Fx7, Do you trade for a living? If yes how long have you been trading for a living with this system?
Yes , I’m trading this system since 8 month successfully as you see on twitter : )
I know that the price is going down and there is no support , but the price opened in a gab and coverd the gave yesterday , The gab area as it self work as support or Resistance plus that the price formed a reversal candle called Belt , if the high of this candle is broken the price will continue going up minimum until the 50% Fibo from the last swing .
Today i canceled the trade for 2 reasons :
1- the price broke the last low on the GBPCHF and this shows that the traders are willing to sell more
2 - EURCHF Greece Austerity decision is tomorrow even that everyone knows that it will positive for the EURO , i would prefer to wait until tomorrow
I went short EUR/CHF earlier today when it showed weakness around 1,1960. Hoping for a retest of last low 1,1820. Maybe will close my position when I come home from work 
Shows nice H&S pattern as you say
Looks like neckline is broken. Just let us know if it’s a play!
EURCAD Close the other half so the total are +90 pips : )
GBPUSD retraced from the 50 SMA on the Weekly chart , there is support on the Daily which is 1.6000 level showed some Dodjis long wigs candles show that the traders are closing there short position even for a while , but the price closed under the 200 DMA level , so if the price tomorrow break 1.6050 we could enter long targeting 1.6200 …
here is the signals GBPUSD Buy stop @ 1.6055 SL 1.5900 T1 1.616 T2 1.6200 T3 1.6250 T4 1.6300
EURCHF Long 1.1970 T1 1.2100 T2 1.2270 T3 1.2380 SL 1.1780
Hi, can you explain why you entered this trade?
Is it because price broke high of the last 3 bars?
sorry for answering late , for example watch the pin bar on the EURCAD yesterday and what happened today
No first because of the Candle pattern called Belt candle , the candle opens in a gab and cover the gab this candle is a reversal candle , second the Head and shoulders pattern formed on the 4 hours chart , when the price entered the nick line we entered long directly
So here is another signal , it came up since long time but i couldn’t take it because of Greece decision , but we cant get in long now on the break of the Double Bottom nick line targeting 1.5420 then 1.4690 … but sure the stop is under the double bottom which is 1.4100 …
Why could i get in early if i want @ 1.4300
[ul]
[li]Strong support
[/li][li]100 DMA
[/li][li]Trend line
[/li][/ul]
But its to late but i wanted to explain to you guys how you can get in early , but sure the Greece decision was very important to wait it …
Now i will get in EuRUSD Long @ 1.4470 T1 1.4520 T2 1.4600 T3 1.4700 T4 1.4690 SL 1.4100
For those who wants to know the Trading System performance they can check it under my name “FX7days” on Twitter …
Because i got allot of Questions about the Performance , i have 8 month of profitable history i lose in any month until now
Daily MACDs crossing or about to cross bullish in all of your open plays. Patience should net us even more pips this week, and maybe even beyond that!
EURCHF Close half of the position and move your SL to BE +107 pips
EURUSD reached the first target + 60 pips