DAVID_GIRALDO

a little look into what i look for when setting up a trade

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
2
usdchf has found support and started trending bullish. right now we are in what you could consider a neutral zone but it is a price of interest to me as i look into going long. we have sucessfully broken through the 30, 40 and 50 MA and found support on the 50. now we are getting a minor pullback and still within the MA's trading range. the 1hr candlesticks have been trending down and each candlestick has been making lower highs(arrows) for at least 3 consecutive candlesticks. at the break of the last high we can go long for a good scalp that can result in a day trade or even a swing depending on how strongly markets move

David K Giraldo
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