Technician
Long

Trade 92: GBPCHF Short-term Long

FX:GBPCHF   British Pound / Swiss Franc
686 9 7
Update: first target hit, moved stop loss to entry point

Simple trade on hammer and support level , also personal bias :)

Trade Number 92 -- 8** to 100 Trades
Accumulated Profit(pips)= +2545
Currently still active trades= 3

I will be publishing detailed stats for my first 100 trades on tradingview

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Update: first target hit, moved stop loss to entry point
Reply
This does look rather bullish.
I was just wondering if you put more or less importance
on the hammer coming after a small up trend as opposed
to coming after a downtrend ?
If I'm reading your trade count correctly ---
what happened to the first 7 or 8 trades ?
Wishing you continued success in 2014 !
Reply
Technician PRO dojitrader
I get ur point, but actually the two small up candles are pretty negligible compared to the overall bearish wave IMO. Also the strong rejection comes at a support.
Reply
Technician PRO dojitrader
"what happened to the first 7 or 8 trades ? " i did not get it ?
Reply
dojitrader Technician
I'm probably not reading it right, but,
On the chart you put:
Trade 92 -- 9 to 100
So, I read that as trade number 9 to trade number 100 ?
Just curious what you're reporting ?
Reply
Technician PRO dojitrader
sorry that was typo, i corrected it in description. It means, this is trade number 92 , 8** more trades to 100 .
Reply
dojitrader Technician
gotcha !
Hope there're all big profits ~~~~~
Reply
Technician PRO dojitrader
Thanks,, to u too
Reply
It's a falling wedge reversal pattern.
High point = 1.4970
Low point =1.4730
Projection = 240 pips.

Looks great!
Reply
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