AUD.CHF - Textbook Multi-Timeframe Confluence

FX:AUDCHF   Australian Dollar / Swiss Franc
Currency Pair: AUD.CHF
Time Frame: Daily, 4hr & 1hr
Predicted Direction: Short

AUD.CHF updates will be available in the comments section below.

The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
Comment: Great trading opportunity, however price ran at 3:30am ( London Time ) which is outside my trading hours.
Great Setup as always @TomHall . Quick question though, you said you didn't get cuz it was out your trading hours? (thought you set limits on trades?)
TomHall frupreneur
@frupreneur, Hi,
Day trading setups require manual entries, only swing trading setup provide an opportunity to set pending orders.
frupreneur TomHall
@TomHall, Now that you mentioned that sounds like the number1 day trading mistake i make :(
TomHall frupreneur
@frupreneur, Day trading requires a lot of confirmation prior to an entry so it's safer for me to enter live.
It's great that your aware of your mistake, you can simply figure out a plan to rectify it.
frupreneur TomHall
@TomHall, thanks btw! For everything you do for the community!
+1 Reply
TomHall frupreneur
@frupreneur, My pleasure, thanks very much for the continued support.
Great job ...@TomHall
@erbe, Thanks mate
The upward movement in the daily time frame looks fairly strong, just my 2 cents, maybe two sense. lol good idea nonetheless
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