Long for USD/CHF | Foro Forex de Myfxbook

Miembro desde Sep 05, 2014 posts 2

Sep 05, 2014 at 17:18

Miembro desde Sep 05, 2014 posts 2

Maybe it was a entry too early for longing Swiss.

but I still wanted to try even if I was wrong .

Tonight is a risk and a bet .

Archivos adjuntos:

CrazyTrader

Miembro desde Nov 21, 2011 posts 1718

Sep 06, 2014 at 01:18

Miembro desde Nov 21, 2011 posts 1718

At least you entered into the trend direction:

niceGLer

Miembro desde Dec 28, 2013 posts 171

Sep 07, 2014 at 06:31

Miembro desde Dec 28, 2013 posts 171

I would wait until the prices are closer to the rightmost support line drawn in the chart of CrazyTrader. If they break through that line it might be a short selling situation again. Currently, the distance is still about 100 pips.

alexforex007

Miembro desde Oct 11, 2013 posts 775

Sep 07, 2014 at 18:35

Miembro desde Oct 11, 2013 posts 775

As long as the US fundamentals keep supporting the Dollar, the pair may continue going higher, but there is the risk of a correction.

niceGLer

Miembro desde Dec 28, 2013 posts 171

Sep 10, 2014 at 06:39

Miembro desde Dec 28, 2013 posts 171

Now it seems that the price is ascending again after being ranging within about 60 pips. Would you call that a correction, or is it likely that USDCHF will yet try to move closer to the support line?

alexforex007

Miembro desde Oct 11, 2013 posts 775

Sep 12, 2014 at 04:18

Miembro desde Oct 11, 2013 posts 775

The USDCHF has found a good resistance at the 200 week EMA, around the 0.9394 level.

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EURUSD	1.07693	GBPUSD	1.25236	AUDUSD	0.66032
USDJPY	155.791	USDCAD	1.36714	USDCHF	0.90645