TradingView
Casey_Yeo
Jul 24, 2014 9:02 AM

USDCHF Short

U.S. Dollar/Swiss FrancFXCM

Description

Market re-tested key resistance zone and rejected that zone with a bearish tail candle. Will this exposed the pair to more selling?
Comments
itrade
yes, I stick to it;) but from my opinion i didn't except market to be stable above 0.90000,
Casey_Yeo
Why not? In my experience, anything is possible. Anyway it has yet to break and close decisively above that resistance zone.
itrade
everybody has it's own opinion, when i am going to trade i ask myself, if i was buyer why should i buy what is my R/R and if i was seller why i should sell and what is my R/R and in these day's day i don't feel buy :) i am looking for sell.

Or my feeling is going to deceive me ;)
itrade
I doubt market doing strange movement, buying is very high risk but it's still going up!
Casey_Yeo
Market does what it wants. Never too high to buy, never too low to sell. Just a matter of trading your plan and stick to it.
More