28/02/2014: Got styopped out from my long USDCHF (-530 pips)
03/02/2014: UPDATE : Bought 0.1 EURCHF at 1.2230 and Bought 0.2USDCHF at 0.9065
This week i will place the following orders:
1)Market order : Buy 0.1 lot EURCHF at market opening on Monday with s/l 1.20 and t/p 1.25
2)Pending order : Buy 0.1 lot EURCHF at 1.2180 good till canceled/ sl 1.20 and t/p 1.25
3)Market order : Buy 0.2 lot USDCHF at market opening on Monday with s/l 0.88 and t/p 0.94 and then 0.99
As it can be seen from the above chart the pair is still in a range. With SNB protecting the floor at 1.20 this is a bargain hunting trade.
03/02/2014: UPDATE : Bought 0.1 EURCHF at 1.2230 and Bought 0.2USDCHF at 0.9065
This week i will place the following orders:
1)Market order : Buy 0.1 lot EURCHF at market opening on Monday with s/l 1.20 and t/p 1.25
2)Pending order : Buy 0.1 lot EURCHF at 1.2180 good till canceled/ sl 1.20 and t/p 1.25
3)Market order : Buy 0.2 lot USDCHF at market opening on Monday with s/l 0.88 and t/p 0.94 and then 0.99
EURCHF WEEKLY
As it can be seen from the above chart the pair is still in a range. With SNB protecting the floor at 1.20 this is a bargain hunting trade.
USDCHF WEEKLY
USDCHF DAILY
As it can be seen from the above chart the pair has manged to find a bottom and is getting ready to break higher. ROC, CII and stochastic have all given a buy signal . In adittion the pair has managed to close above the MA. This may be the start of a long lasting trend to 1,00 level.
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