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06042018 USDCHF WEDGE BREAKOUT

Hello, My dear friends and the fellow community members,
The USDCHF pair has broken out of the rising wedge on the upside. The pair looks like very bullish. It is currently having a pullback. I am trying to enter into the buy side at the retest of the break levels. Here is the setup.
Please let me know by your comments that what you think about this setup. Happy trading to al.
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Robonelo avatar
Robonelo 13 Apr.

I agree , seems it likes Inverted roof pattern on H1 , could broken on 0,9655

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Learn how to do currency trade with candle stick

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NZD/USD entry and exits levels, profit from previous post


I am following this pair as it is the pair where entry and exit signals are already visible.
According to my previous post 15th August 2014, on the mentioned pair, I had already marked the short levels and today the pair has already done 30 to 40 pips where with very little risk.
Hope those who have ready the post and taken entry must have already done profit booking as the markets are currently into short covering mode.
The pair can see a support at level of 0.84081, those who have maintained…
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Bollinger Bands Trade!


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jezz avatar
jezz 9 Apr.

It was a good trade. Entry point at the price crossing the middle band (EMA anyway), SL triggered at the retracement - crossing the middle band again. And what does your lesson say to you?

Metal_Mind avatar

Well i should trust indicators  once in a while .

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A Simple Way to Scalp Forex Market-Live Orders

A Simple Way to ScalpForex Market-Live Orders
The Squeeze This is main tool in my system .And volatility graphic charts helpme to locate approximately the moment of breakout .
EUR/JPY - 21/03/2014
EUR/JPY - 21/03/2014
We can see easily that from 0 to 7:00 the market has low volatility ( red rectangle) .But from 7:00 to 17:00 (blue rectangle) GMT high volatility .Price direction we decide with RSI and EMA 5 .
Like in graphic chart price…
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Maria_r avatar
Maria_r 23 Mar.

good work!

Convallium avatar
Convallium 23 Mar.

I agree with you. Bollinger Bands can be a useful technical analysis tool for identifying The Squeeze!

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GBP Trade Idea

Very Good level will emerge during this month to short GBP/USD.
A great profit making session is awaited NFP, I expect to see a huge mark up before pouring in supply. This month NFP will be good and it unemployment rate is well below 6.7 to 6.5% that would further trigger a cutting up of purchase program by FED. An interesting session to watch. If traded in proper supply zone and supply indication can be a very profitable month.
The level to watch for is 1.66990 no demand level, below indicated …
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ANABEVZ avatar
ANABEVZ 6 Aug.

good work!)

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