Technician
Short

USDCHF: Possible short term retreat #forex

FX:USDCHF   U.S. Dollar/Swiss Franc
10280 161 429
Shorted as we hit resistance and shown rejection. 61.8 retracement level around that area. Tight stop above prior high.

All my ideas are just my personal view. Trade Your own view.

I have no incentive to post if i don't get enough support from you. Likes and comment. Appreciate your support..
You can SKYPE me at : Technician - The Forex Channel
My Regards,
Technician
Trade active
Comment: First target hit.
Comment: I moved stop loss to breakeven.
Trade closed: target reached: Full target hit. Trade closed.
My trading ideas channel https://telegram.me/technician_forex_trades

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Skype: Technician - The forex channel
thx a lot :)
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Technician TOP IliyanMihaylov
You are welcome
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DebbyNakataYee Technician
This really helps me thank you.
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DebbyNakataYee Technician
Is Usdchf, going up now?
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DebbyNakataYee DebbyNakataYee
Short, what is your tp?
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moise254 DebbyNakataYee
I anticipate that it will test the 0.9797 area
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moise254 moise254
Good call Technician
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thank you sir, helps a lot
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Technician TOP adriantoader93
Welcome
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nice observation
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Technician TOP RashidFrooghi
Thanks. Lets see how it goes.
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many thanks Technician,

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Awesome job
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again with you, thanks.
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Thank you! :)
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Why you put your SL exactly there? Thanks.
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Hello Technician, from my experience I know that the usd/chf makes very deep pullbacks, often times near 100%. Althought he hit 61.8 retreat and came into a good resistance from recent past, I will wait for some confirmation first.
Thank's for the post.
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Do you think both 61.8 retracement and structure level are satisfactory clues for entry..or we'd rather prefer watching and waiting for further clues.....my regards
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ValeriuV akramhatim
speaking for me only, I would like to see a lower low first, then a pullback and after that I will have more confidence entering the trade. I have seen too often a reaction at 61.8 only to reach for the 76.4 or above.
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Could be the case. Its up to you to trade what you see. This my view, it might be right or wrong, I would accept a loss without a problem.
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ValeriuV Technician
hope my post did not offend you in any way. If so , it was not my intention ...after all I'm following you and not the other way around...
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Not at all. I am just saying that, its my strategy, so i have nothing else to say or do.
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Hmmmmm.... you made a great point. I can't emotionally afford to take another loss this morning. All of my trades were doing well last night, then I woke up and saw they all reversed, and shows no sign of going back the other way. (Usdjpy, Audusd, Eurusd) .SMH. I am not blaming anyone... Most were my own ideas. So no worries there. But I need a winner, and patience seems to be the call to make in order to get one.
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ValeriuV Trillionschifer
If you allow me just one observation, you entered into 3 trades with usd , it is only reasonable to assume that if dollar goes against you all 3 are doing the same. I'm waiting for aud/usd to sell for a long time.... I'll just have to wait some more..
+1 Reply
gcplau PRO ValeriuV
ValeriuV made a point. All 3 trades w/ high correlation to DXY complicate your R/R planning.
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copied. thanks
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waiyuen waiyuen
Target 1 r00.97838 eached.
set my Stoploss back to entry level.

and Free ride to the 2nd Target.
thanks again !
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You are welcome.
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Thank you. Hope to learn from u.
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Thanks
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Great trade Idea. So many others trade ideas reversed this morning... even one of my own. But yours... is still holding form.
+1 Reply
Technician TOP Trillionschifer
Good luck
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Great Idea ... !!
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Thx
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Thank you Sir
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Welcome sir
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Are you actually a Technician?
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I am a market technician :).
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good stuff mate
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Thanks friend
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Just saw your post , Im abit late but still learnt something from the setup. Thanks
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Welcome.
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You rock!
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:OD
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another nice one! also get my pips on the first target, thanks for the ride!
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Great mate
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That's a beauty!
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Nice spotting this trade :) I've just seen it a bit late
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Great trade , second swing ! and many many Thanks!!
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Thanks for your support
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Thank u Very Much Technician.
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Thanks for your support
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Just started following you. Thank you for your work & explanations :)
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Technician TOP livethedream
You are welcome , thanks for support.
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This is a real beauty!!!! Nice work
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Thanks
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hello,,,, ok i am new to reading charts.... what does this mean exactly??
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why dont i recieve your post after 30 minute of posting or do i need to upgrade my account
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Really good and simple setup, love it! :D
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what a perfect trade...i joined after seeing this post...
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Nice stuff. Shorted on a demo account at 0.9810. Nice profit still rising. Keep up the good work.
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i can see a level based on where you placed your short but what specifically made you look to that area before placing the short and why place your SL as close as you did ? Any insight would be great.
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hello just sent you a request on skype and thans for the good work you are doing
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Superb forcast
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Simplicity is powerful..! Crystal clear setups which deliver..! Well done..!
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Hit em' all .. good job!
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Thank you all, i much appreciate your comments and support.
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wich broker are you using technician
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I am trying a new broker just started trading with it 20 days ago. So i dont want to make premature assumptions about it.
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emma2474u Technician
Your analysis is cool and easy to follow....keep it up....you are a great analyst
Thank you
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thx
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I wished i short this, nice one.
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Lol, actually I did not as I got the info late.....
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Yeah it was quick, it just hit entry and moved lower within an hour of publishing it.
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me ^.^

you are amazing!
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Thanks :)
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USDCHF, snd yesterday EURCHF shorted.
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I shorted this >>> and many thanks for your very good ideas you share :)
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Technician TOP ahmedraslan29
Great to know , happy pippin
+1 Reply
ahmedraslan29 Technician
Thanks >>> i learn from you charts ... you are my teacher :)
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emma2474u ahmedraslan29
good....I like being plain and straight but where is return to our analyst....meanwhile I am happy you are one example of beneficiary
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I am late to read this one T^T... I missed this trade #cryinggggggg~
your analyst always cool sir,, how you do that
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hehe. Well i had a very hard time before reaching this point.
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RedQueen Technician
just curious, how long you has been trading? o.O/
I learn from your post sometimes , hope you dont mind to post more
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I did. Thanks for the good work and miss your website too.
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Technician TOP ashraf_EZA
Thanks mate. I wish i can relaunch it soon, but i am too busy at the moment, but it will happen sooner or later.
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I shorted...nice trade... thx
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Technician TOP MarcusAdefope9b
Great. You are welcome.
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I have to admit that I did it. I learn thanks people like you, I am graetful very much. By last, over a month my knowledge is higher, but still not enough to make decision independently. I use indicators what I did not do before (!).
Then, let gratitude be a commission :)
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Sure it is.
Thanks for your support.
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A probabilities game
:D
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Same thoughts buddy :D
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i short, but i quit at first tp :)
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Technician TOP KhunHunSein
Not bad, some money is better than nothing :D
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KhunHunSein Technician
anyway, thank u so much
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didnt short - but delayed buying, thx yout tipps are always welcome !
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welcome mate
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It was a really nice trade especially when it made that h1 wedge right on that big resistance level.
snapshot
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I shorted. Nice work! Thanks!!
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Great to know.
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pqmachado Technician
Second TP hit! Thank you very much, sir!
Great work, very helpful!
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me :)) already clsoed two positions
great work tech!
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glad you did.
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haha I shorted and took profit since yesterday sir... get kick out of trailing stop around 50$ :)
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Technician TOP SrengRattana
Not bad, keep it up.
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thank you for always perfect advice**
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Merci :D
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Thank boss, this is first time I come here red mean SL and th e green TP . Keep going friend
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Technician TOP AlajmiFOREX
Welcome
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M in to.. Thanks technician
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Welcome mate
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Where to transfer it ;) I shorted, but i close yesterday at 1.7559
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Technician TOP IliyanMihaylov
Haha, congrats.
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I shorted it, based on your idea, with my own analysis, different SL and different TPs, but alert once saw your analysis.
Thanks a lot

Trade 126 Corto USDCHF 0,98257 SL 0,9862
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Technician TOP yofxtrader
Yep. You are welcome.
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I shorted, you're awesome ya zalameh ;)
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:)
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I shorted it. It just made sense
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Great
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I shorted at .983 and closed all at 0.976 and get profit in less than 24 hours
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Thumbs up
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Shorted and closed. Need the money ;)
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Chartsmith Chartsmith
My view was a rejection from the 200DMA.
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Technician TOP Chartsmith
Glad you earned them..
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Chartsmith Technician
:) Keep up the good work!! & Thanks!!
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I shorted it before you post this idea. I am still hold short as my target hasn't reach yet.
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with this momentum candle maybe we go more down
snapshot
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in , waiting for .9700??around...
https://www.dropbox.com/s/9l29uhh0bow3qn4/USDCHFH4.png?dl=0
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Very nice trade!
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different timeframe, different analysis, same trade. Gotta love how trading works
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Awesome.. Made good money on a Demo account. Still not confident to try with real money.. keep up the good work sir.
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Thank you very much :)
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great great trade ... small position, thanks so much !
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i got the trade as well, thx for your analysis really great work....i LOVE your status on Tradingview...knows exactly whom its aimed at..lol
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I am humbled by all the kind feedback, thanks for your support and keep it up.
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I would love to see 300 likes, can we make it guys?
+2 Reply
Very nice mate
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I had liked it already
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Technician you and your ideas are Great Like Always :)
Thanx Mate
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great work, perfect setup, by the book entry, and this goes to show that if you trust the market to do something, more often than not it will do so....you just have to have some courage ... I did not and watch it go by.
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Valeriu, you are an old supporter, i appreciate your comments and contributions always. Thank you
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Technician TOP Technician
sorry i mean ValeriuV*
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Over 300 likes now, and in few minutes. Love ya ppl. Lets keep the high spirit.
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Thanks man , YOU ARE THE HERO
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heheh. I am blushing.
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i just take the ride to the first target and get my pips on the pocket ;)
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I missed the trade but appreciate your good work!
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Damn, i missed this trade.
Your analysis is awesome dude!
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Perfect!
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Genius Technician
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Can we can achieve 400 likes friends?
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Technician TOP Technician
I mean, Can we achieve 400 likes friends?
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Technician TOP Technician
it is 53 more likes far!
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Very nice!
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Beautiful to watch, thank you Tech.
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Great job , thanks
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Great analysis. Thank you for sharing. I also trade this way and happy to see someone else trades the same way too......
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nice shot
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Well done! Professionally!
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Sir what is that Red&Gree part(Stop-Target)? What is the use of that and how to use that? Thanks.
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