Bounced from breakout point at 0.7887
Long now finally on this @ .7920
SL is below 0.7886

After the confirmed breakout this is re-testing the 0.7886 area
Still dont have any position but will try and jump in on the next move up
will wait for a bullish candlestick formation

BR, For a confirmed breakout it has to close above previous high which is 0.7886

Today's Inside Bar - is it a buy or a sell signal (as its near a strong resistance)?

I will wait for a close above 0.7886 and then enter on an Inside bar or look for an entry based on hourly chart

I will look for an entry with least possible risk and will wait patiently until I get one with some clear signal on the chart

It can still go towards 0.7770 area towards the rising trend line

I don't have a position but if I do then I will post a live chart with a reason behind the trade

Good Luck

Well RC you got the inside bar today, so is it time to dip the toe and/or
wait for possible retest of the 7800 area?

dl.dropbox.com/u/43650856/NZD%20CHF%20-%...y%2022nd%20March.htm

This has finally broken out
I will enter on the next pullback or look for an inside bar for an entry

This is in my watchlist... I will wait for a break above the horizontal trendline and then enter on the first pullback...I will post a chart as we go along

I took on a buy on this today at 7720-7728(big spread) with a stop at 7778 which is 61.8 Fib,and I will move up closer to break-even soon depending on price action tonight/tomorrow.

dl.dropbox.com/u/43650856/NZD%20CHF%20-%...20-%2020th%20Feb.htm

its in a trading range and right near the resistance


I would wait for a breakout of the trading range before buying a pullback
there's also an inverse H&S but its right at the top so have to be careful!

Hi broad rock

It's worth an attempt at the gap fill.
Have tight stops thou.
Another thing to do with regards to the gap fill.
Look through the history of this currency pair and see how the gaps have played out. If a high percentage have bounced of the gap then good chance this will.if it does not then chances are it won't ether. That's what I normally do with gaps.

Is there a possible trade in this pair?

A gap fill would also retest trendline and the 13ema & 21ema,
maybe a buy here with stop at or below 50ema or
wait for a break of 0.7868

dl.dropbox.com/u/43650856/NZD%20CHF%20-%...20-%2017th%20Feb.htm

Would appreciate other views.