Daniel-Malik

USDCHF - VERY SIMPLE TRADE

FX:USDCHF   U.S. Dollar/Swiss Franc
3 months ago
Like , Follow and support

This trading setup of USDCHF             is based on very simple technique that is price action . Short when it touches the resistance line in order to capture the retracement .
3 months ago
Comment:
snapshot
trade active due to strong Rejection !
3 months ago
Trade closed: target reached: Another one with profit
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xadiq
3 months ago
As always, thank you for sharing!
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Daniel-Malik xadiq
3 months ago
you are welcome .
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FKHo PRO
3 months ago
Its close to the resistance.
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zhivankin
3 months ago
Did you entered the trade, or will wait to get back to 0.9843 ?
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Daniel-Malik zhivankin
3 months ago
I entered !
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deton8 PRO
3 months ago
short here too, thanks for the update!
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Batman-oz
3 months ago
Thank you Sir
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djay
3 months ago
is that theonly one reason to go short @.9813 ?
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RenkoCloud
3 months ago
Took this one...
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deton8 PRO
3 months ago
how mouch room should i give it above the resistance?
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IttiponTongpead
3 months ago
thank you Sir
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Macfx
3 months ago
hey @Daniel-Malik where would you put your stops for this trade?
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Daniel-Malik Macfx
3 months ago
Ideally around 15 pips above the resistance line. However, you can consider different stop loss strategies as these days market does not adhere to conventional stop losses.
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UNLIMITED
3 months ago
short @ 0.989

sl 13p

tp 0.9673
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Noobsnoot
3 months ago
it passed the resistance, is the analysis still valid?
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