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AndreasMunz AndreasMunz CC2!, D,
CC2!: Neutral/Buy cocoa on ascending support line
29 0 1
CC2!, D
Neutral/Buy cocoa on ascending support line

Buy signal on RSI and Stochastik accompanied with a ascending support line provides good entry point for a long position. via Short puts or short put spread out in Sep16 delivery month. Expect sideways action then upside targets would be 9 day MA around 3000 and 20 day MA at 3100 (both sloping down, so expect more sideways before a rise

maccabean maccabean USDCHF, 240, Long ,
USDCHF: The Swiss franc *might* go lower, but only so far
14 0 0
USDCHF, 240 Long
The Swiss franc *might* go lower, but only so far

The Swiss Franc has always been one of my favourite currencies to trade because it abides by support and resistance lines... except when the SNB intervenes.... ouch that one hurt. In any case, what you are seeing here are arrows point up from very strong resistance lines stretching back several months. The A arrow points up from the weakest support, the second ...

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