transparent-fx
Long

EUR/CHF MULTI-TIMEFRAME ANALYSIS ( major confluence!!! )

FOREXCOM:EURCHF   Euro / Swiss Franc
Hello Traders, we have some very good confluence factors on this pair lining up from the monthly, weekly and daily timeframe . On the 4h we already had a nice stop hunt which increases the possibility of the predicted move to the upside.

HERE ARE THE FREE EDUCATIONAL IDEAS I PUBLISHED UP TO NOW


HOW TO AVOID FAKE TRENDS ( using multi-timeframe analysis )


THE PROPER WAY TO USE FIBONACCI ( majority are doing it wrong!!! )


AVOID THIS CANDLESTICK FORMATION TRAP!!! ( important!! )


HOW TO BE A SNIPER ( the line chart trick!!! )


TRENDLINES AND COUNTER-TRENDLINES ( how to use them correctly! )


I am still in this trade seeing as the pair doesn't cost much to trade and I agree with the analysis. :-)
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@Glendooie, good job!!!
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Hi. I have done my best to follow your analysis. Going from areas of confluence on the Monthly down through the time frames to finally settle on an entry on the H4. When you say it I understand perfectly, which is handy because your charts look very different from my charting software. I use Metatrader 4 and compared with what you use my charts look like rubbish. Never mind because I have your dulcet tones on audio so I think I can make do. Today 19 June NZT I have taken the plunge to recreate your EUR/CHF buy idea on my MT4 charting software.
I understand we are in this trade for the long haul. I prefer that to scalping.
Let's do this, eh?
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@Glendooie, swing trading is much better :)
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Glendooie transparent-fx
@transparent-fx, Hi, did you get stopped out of the EUR/CHF trade like I did? Where did I go wrong? Are you still in the trade for the ;ong term?
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@Glendooie, nothing wrong with getting stopped out, once the market will give us another impulse we will enter again on the retracement
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Glendooie transparent-fx
@transparent-fx, Yes, I kind of did that, so I guess my SL was too far away or do I not check my trades often enough? One has to sleep sometime ...
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