Technician
Short

(J) Trade 10: Reactive short of resistance #Forex

FX:GBPCHF   British Pound/Swiss Franc
3890 59 94
Update: Stopped Out.
Profit= -293.74-293.74= -$587.48
Balance= 29 798.94- 587.48 = $ 29 211.46
===========================================================================

Trade 10: Pending Short GBPCHF             @1.4683
S.L @ 1.4775
T1 1.4552
T2 1.4468

For $29,798.94 Balance, Position size = 0.6 lot

===========================================================================

Reasoning
  • Failed to hold above previous high and resistahce area around 1.4700 area
  • 200-days SMA is forming potential resistance
  • Breakdown back below long-legged candle low.

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Technician
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Skype: Technician - The forex channel
i wasn't take stop loss yesterday.. i let it run... today I got 250pips profit ... Thanks TECH...
Reply
I was short too a few days ago. We did break that major daily triangle now, closed above resistance and the 200 ema. I'm now long targeting 1.52.
Reply
I'm new here and started to follow you after see some of your ideas, even the masters can't predict 100% in the market jungle, otherwise they would be billionaires :D Go ahead with your great posts!
+3 Reply
No one has a gun to our heads saying we have to engage in every trade idea. I pick and choose the ones that I agree with and even use my own method to identify entry and exits. I applaud what Technician is doing here. Its transparent and WILL TEACH beginners. At worst, it will teach them how to take a loss correctly, with stops and so forth. Keep going sir.
+9 Reply
MarkLangley PRO FutureMeDead
I agree well done technican sticky your thoughts and ideas out and backing them up with trades ..hats off to you well done
+2 Reply
tradingyouth FutureMeDead
I completely agree. I love the technicians work and I use it as a learning opportunity. I use my discretion w trades
Reply
will u reentry
Reply
many beginners want to learn from you, Keep walking,
-12 Reply
Technician TOP No_more_Post
i dont know what are you trying to prove. Are you going to continue this on every losing trade and show your inner hate? ppl know me and know my history at tradingview so you wont affect them, Again kindly stop trolling otherwise action will be taken against you. This is my last message to you, i think i have been patient enough, as this not your first or second attempt to troll.
+20 Reply
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