#Forex analysis: USD/CHF 4 Hour chart. Ascending channel...
away but couldn't help looking at charts. lol
Here is my USD/CHF 4H chart..
Looks to me as we are in an ascending channel & have
now found support @ 0.9200 / 60EMA
Momentum to the upside can lead the way to 0.93
00 zones, would be a good buy
trade after a strong green 4Hour closing candle!
If we can take out the previous higher low (0.9150) then we can expect 0.9040 level
happy trade
Astrofx13 .com
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Comment by Kevin Henry Ostermey on February 20, 2013 at 9:47am -
Shaun, Ive always had bad a bad trading experience with buying the USD/ CHF pair as any little bit of uncertainty seems to affect the pair and the CHF is normally always very strong. At what point do you recommend to enter the trade? Many thanks, kind regards Kevin
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Comment by Shaun Powell on February 20, 2013 at 9:49am -
hi kevin i have entered @ 0.9190..stop 30 pips...target 50 pips...
hope this helps, good setup lets just see if it plays out!
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Comment by Kevin Henry Ostermey on February 20, 2013 at 10:06am
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Shaun, many thanks! Appreciated greatly! Regards, Kevin
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Comment by Luke Sierpniak on February 20, 2013 at 10:24am -
Thanks Shaun, went in on it, let's see
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Comment by Shaun Powell on February 20, 2013 at 12:08pm
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closed 40 pips here. back to Ski-ing! see you
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Comment by Forex Pro on February 21, 2013 at 12:28am -
Great analysis Shaun, I pocket 52 pips on this pair. Great call.
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Comment by Shaun Powell on February 24, 2013 at 12:30pm
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target hit 100 pips.. thanks
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