Todays Research USD/CHF

[ilearn2t]

Hello yuventius bhasyudewo se

I'm looking at a possible buy order closing out in profit for the 3rd time in a row, going by my method above or a second loss to add to the one above if close price on this bar = 0.9133 or lower.

Starting point = 0.9109

(1) upward close = 0.9120
(1) downward close = 0.9114

(2) upward close = 0.9122
(2) downward close = 0.9118

Buy place close bar = 0.9133
Closed order at end of this close bar = ?????

Updates to follow.
ilearn2t

New update:
Last bar close = 0.9141
The indicator color does show on each "Tick" so maybe a "Red" on "Buy" close order or "Green" on "Sell" close order.

[ilearn2t]

Hello Everyone

Now I've placed the indicator on the forum for anyone who wishes to try it, there should be no need to update on this thread other than to find the best way to close out each winning order (at the moment I like the same close bar of opening order if profit is possible.

Just to show you this method can be used on any pair, as shown on my testing platform image.




Good luck
ilearn2t

[yuventius bhasyudewo se]

USDCHF pair still sideways almost two weeks because strong barrier levels not yet broken it means pair still in strong consolidation zone, if pair success break above 0.9263 it became strong bullish trend movement so better to put buy stop above higher barrier level to anticipate this uptrend scenario

[bherjuno]

I think the USD/CHF pair is preparing to go downhill from now on. As seen on the picture, the fast MA crossed the slow MA from above a few days ago, and a pin bar was formed just below the support zone. I will set 0.91000 as immediate target zone for TP

[ilearn2t]

Hello bherjuno

I notice the "pin bar" on your image, I have my own name for it "long tail shovel" if you google the bold type and select image you might see what I mean. But I never used this method before, any tips to help teach a "newbie" on this type of trading.

Thanks
ilearn2t

[bherjuno]

Yes, that name is quite appropriate. Nevertheless, when a "pin bar" or "long tail shovel" is formed, it indicates that there's a change in the bull vs bear fight. As we can see from the image the pair broke off the support area around 0.92750 then tried to regain upside but failed, hence formed the pin bar / long tail shovel. So I think the bears has turned the table against the bulls, so the price will go downhill. So whenever a pin bar or long tail shovel is formed there's a drastic change in the balance of power between bulls and bears.

[ilearn2t]

Hello bherjuno

We're now into the 30th hour since the USD/CHF has last closed downward 2 (1H) bars in a row. I can see it on my chart using my indicator, maybe once this does happen it could indicate a swing in trend.

For us "newbies" you can see this in your "History Center" USDCHF 1H look for the blue candlesticks left side.

ilearn2t

[yuventius bhasyudewo se]

Swissy Dollar pair still not yet confirmed to make bullish starting before the last step confirmation successfully done pair must break above the upper barrier level 0.9263 and so pair now still in strong consolidation so to prepare this break out better to put buy stop above this higher barrier level

[ilearn2t]

Hello bherjuno

We still look for the double down trend as the USDCHF continues its upward movement. High point 0.9296
The next time possible is in another 2 hours time (2 (1H) close bars) this will be within the range of 5, yes five high impact reports being released by the USD. Not a good time to judge any market pair, so trade safe.

Good luck
ilearn2t

[ilearn2t]

Hello Everyone

The USD/CHF is now trading around 0.9203 after pushing up to 0.9299 on strenght of the USD. The greenback was a risk aversion move today, as worries over Greece escalated. This pair followed all of its cousins up and down on the strength and weakness of the USD. Tension, rumor, inudendo and accusations surfaced today, played out between Greece and Berlin. While Brussels was exaperted and tired, Berlin hurled comments and accusations at Athens. Nerves are frayed everywhere, not just investors, bankers, financiers, politicans and lawmakers. The latest rumor is that the ECB is going to do some sort of an elaborate bond swap of old and new Greek bonds. This rumor has given life back to the euro in late trading. There has been no official comment.

I've type the last part in bold as we all know what happens if rumors are unfounded.

Again trade safe.
ilearn2t

[yuventius bhasyudewo se]

strong confirmation step had been done after this pair successfully broke upper barrier level at 0.9263 it mean this barrier to ensure that pair really make bullish trend and now pair make small correction then to prepare this uptrend continuing I prefer to put buy stop order above this barrier

[ilearn2t]

Hello yuventius bhasyudewo se

We seem to be still in "volatile" state. 15:00 (799 volume) 16:00 (815 volume) 17:00 (this 1H bar) 372 ⅓ gone x3 = around 1116 high "volume"

Safe trading.
ilearn2t

[yuventius bhasyudewo se]

Swissy pair so difficult to make bullish continuing but pair directly dropped down and tried to broke below lower barrier level 0.9112 , if pair successfully broke above higher barrier 0.9263 it became strong bullish continuing so buy stop above higher barrier

[haniam]

I see the USDCHF rather to with a down pressure after the pullback from the 0.9300 level last week so with plan to sell ahead of 0.9260 with stops over 0.932 targeting 0.911

[yuventius bhasyudewo se]

Swissy after moved up sharply and directly dropp down and touched 0.9087 as new low and also lower barrier level pair make reversal became bullish trend starting and this movement confirmed when pair successfully broke above 0.9142 as higher barrier level to determine uptrend movement so buy stop here