FX:CADCHF   Canadian Dollar/Swiss Franc
258 21 1
CADCHF             , TF 1H , the price still inside the trading range with last small trend down comes from the resistance after some tall red candles , so i think that the support level of the trading range will be the target level :)
NizarRahalii
2 years ago
@alex.a this analyse satisfy you :)
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NizarRahalii NizarRahalii
2 years ago
i hope
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alex.a
2 years ago
Wonderful ~ ^_^
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ForceFollower
2 years ago
Yes, I'm short here again after I've burnt myself. Can you see that flush bar over those highs? It stopped me out at the very last pip to the top; it hurt! Now I find it a Wyckoff upthrust and the price is likely to go down. I think one might expect bold targets here - yours are fine, but perhaps even new lows...
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alex.a ForceFollower
2 years ago
USD must go down and CAD must have bad data ~ For today, yes ~ but tomorrow Yellen??? I'm not sure ~
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NizarRahalii ForceFollower
2 years ago
is clear that you use the stop lose , i think stop loss is the surest and the most dangerous thing in Forex , personally i do not always use it , i only set the stop area and close the positions manually , cause i think the close price is the most important price in the chart , look again forcefollower , if you still in market after that candle , im sure that you will never close your position yet
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ForceFollower NizarRahalii
2 years ago
Exactly. Still short. I'll think about what you wrote.
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alex.a
2 years ago
satisfy? more than enough. I'm grateful ~
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NizarRahalii
2 years ago
hitting the first target with a strong red candle :) now it is your game to put the stop while waiting the second target , good luck
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ForceFollower NizarRahalii
2 years ago
It stopped shy of your second target. Failed to take out that low either. But the game is not over yet.
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NizarRahalii ForceFollower
2 years ago
yes forcefollower , but dont forget my friend that supports or resistance are not exact price , just levels , i mean + or - bellow or above the line :)
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ForceFollower NizarRahalii
2 years ago
Yeah, a good point. My inclination to precision makes me forget about it sometimes...
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NizarRahalii
2 years ago
the price still inside the trading range ,
note that whenever it still inside the trading range whenever its movement out the range will be strong , in both direction , above resistance or below support level , so keep your eyes on this chart :)
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NizarRahalii
2 years ago
what do you think about SELL order now :) loooooooool
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ForceFollower NizarRahalii
2 years ago
Maybe I'm crazy, but that's what I've just done and posted a chart here as well.
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NizarRahalii ForceFollower
2 years ago
very nice forceollower :) take care my friend may be i will be with you sooner :)
snapshot
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ForceFollower NizarRahalii
2 years ago
And that shows that you are a professional. As for me, I'm still short, but I admit I got in too soon. I will abort this short though, if it starts trading above 0.82300.
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NizarRahalii ForceFollower
2 years ago
My friend im not professional until this idea comes true :))) the both date/price
snapshot
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ForceFollower NizarRahalii
2 years ago
You ARE a pro, because you enter the market only on your conditions. Few amateur traders are capable of doing that, I believe. I'm trying to do that too, but every so often I jump in too soon.
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NizarRahalii ForceFollower
2 years ago
congratulation ForceFollower , your are a crazy pro trader looooooooool
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ForceFollower NizarRahalii
2 years ago
Thanks. It's just your range that works so fabulously. :-)
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