USD.CHF - Live Position Short Short

U.S. Dollar/Swiss FrancFXCM

Description

⋅ Jan 10, 2018 10:34 PM

Currency Pair: USD.CHF
Time Frame: Daily, 4hr, 1hr & 5min
Predicted Direction: Short

Live USD.CHF updates will be available in the comments section below.

The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
Should my daily predicted direction be incorrect no trade opportunity will be generated.

Trade closed: target reached

⋅ Jan 11, 2018 5:46 PM

+1%

Comment

⋅ Jan 12, 2018 11:52 AM

Comment

⋅ Jan 14, 2018 9:40 AM

Comments

ChimbOt

⋅ Jan 10, 2018 10:53 PM

Got this short too :)

UnknownUnicorn180388

⋅ Jan 11, 2018 5:46 PM

@ChimbOt, I hope you also profited :-)

ahmed.abrar007

⋅ Jan 14, 2018 3:27 PM

awesome call !

UnknownUnicorn180388

⋅ Jan 14, 2018 3:32 PM

@ahmed.abrar007, Thank you :-)

SlackerT43

⋅ Jan 11, 2018 7:50 PM

Great trade. Thank you for that analysis, Tom.

UnknownUnicorn180388

⋅ Jan 11, 2018 11:45 PM

@SlackerT43, My pleasure, i hop all went well :-)

Strim

⋅ Jan 11, 2018 5:52 PM

In profit on this trade, thank you TomHall

UnknownUnicorn180388

⋅ Jan 11, 2018 11:44 PM

@Strim, My pleasure :-)

blush_response

⋅ Jan 11, 2018 6:59 PM

I would not be 100% sure it broke 4h ascending trendline. Setup was disputable and price could touch previous day resistance 9840-50. But with a bit of luck it worked well.

UnknownUnicorn180388

⋅ Jan 11, 2018 11:45 PM

@blush_response, For me price nicely rejected 4hr 50EMA adding additional resistance confirmation.