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TOPIC: USDCHF

USDCHF 01 Dec 2012 17:43 #1

  • Jackozy
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Yes, I agree fellas. However, I'm seeing the last drop as a possible wave 1 (of C) down so there may be a correction up from here to the main downtrend resistance. There are bullish divergences at this trendline but I would be very surprised to see it make a new high above the recent one if it does bounce from here (IF). It does look like it's got much further to fall and the medium term trend is clearly down so the next short opp could be quite tasty :-D
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USDCHF 01 Dec 2012 17:04 #2

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Looking at your chart it looks like a massive head and shoulders forming as well.
so if it finishes below that trend line then possible fireworks?????
Information Purposes Only, Do Your Own Research
remo
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USDCHF 01 Dec 2012 10:51 #3

  • diver993
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In my view this is an ABC correction from 0.9972 of which we have only had 2 and a bit waves so I'd be careful going long just now. Expect this to make around 0.85-0.86 before a big move to the topside.
I could be wrong so DYOR.
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USDCHF 30 Nov 2012 13:43 #4

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This looks good for a long as it appears to be forming a hammer at the long term uptrend support and 78.6% Fib of the last rise (Ai's system but upside down):

USDCHFdaily30_11_12.gif


dl.dropbox.com/u/20815047/USDCHFdaily30_11_12.gif
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USDCHF 28 Nov 2012 18:30 #5

  • Rossymc
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redchilly wrote:
RMc you can open a Mini account where you can trade 0.10 pence per pip and Micro account where you can trade at 1 pence per pip with only a £50 deposit. I trade with FxPro but there's many out there. You can practice on a demo but I think if you have real money involved it keeps you on your toes! (All IMHO & not an advice to start forex trading as it can be very risky)

I do trade forex as you cam see from my history.
Have been doing many a hour researching too.
Want to be more active though.
Thanks or you input and help. Top man

RMc
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USDCHF 28 Nov 2012 16:18 #6

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RMc you can open a Mini account where you can trade 0.10 pence per pip and Micro account where you can trade at 1 pence per pip with only a £50 deposit. I trade with FxPro but there's many out there. You can practice on a demo but I think if you have real money involved it keeps you on your toes! (All IMHO & not an advice to start forex trading as it can be very risky)
dyor
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USDCHF 28 Nov 2012 14:59 #7

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Cheers RC

I have a few plans for trading and wonder where I can get low amounts with.
Currently on a demo with them but want to trial them slowly.
Who do you trade with for those amounts?

Regards RMc
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USDCHF 28 Nov 2012 13:10 #8

  • redchilly
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Open/buy was @ 0.93022. 0.30 £/point. Closed 0.10 £/point @ 0.93303.
0.20 £/point still running if it makes sense
dyor
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USDCHF 28 Nov 2012 12:58 #9

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RC

You are posting up some good trades, well done pal.

Sorry to be thick my maths are not adding up on your ticket, can you explain the figures on it.

KR RMc
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USDCHF 28 Nov 2012 12:04 #10

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Closed 1/3rd @ 0.93303
image_2012-11-28.jpg
dyor
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USDCHF 27 Nov 2012 19:58 #11

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Long @ 0.93022 posting chart a little late as was @ work

image.jpg


SL 60 points
Target 0.95130 with a good R/R ratio

PS pls bear with quality of chart as done a quick one using photo editor on ipad hope it does the job
dyor
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