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Daily setup

Sergio Posted 1 Dec.  in #Trader's blog
USDCHF: The current uptrend has begun the october 20th and at this moment there are no signals of reverse. I'll place a limit buy order at 1.0250 the closest support. The stop loss will be set at 1.0200 and the initial target at 1.0350.
GBP/NZD: The pair is in a strong downtrend momentum, this give us the confidence that the downtrend started on november 18th is still active. The price is approaching the support places around 2.2500, anyway we have a sufficent margin to enter in short in case of…
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Daily setup - last day of the contest

Sergio Posted 30 Nov.  in #Trader's blog
Today is monday, and as it is commonly known, it is definitely not the best day to trade. Usually the pairs have the tendency to retrace the friday movement, and there are not so important economic releases. Anyway from a pure technical point of view we could consider:
GBPUSD: There are no signs of modification of the running trend. We could wait for a retrace and sell at 1.5060, the stoploss will be placed at 1.5140 and the initial target at 1.5000
USDCHF: This is in my opinion the most stable …
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VictoriaVika 30 Nov.

Good luck Sergio

Sergio avatar
Sergio 30 Nov.

thanks Victoria, good luck to you too!

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Conclusions

Sergio Posted 27 Nov.  in #Trader's blog
The contest is coming to an end, and today is friday. There are no major economic releases in the afternoon so we can't expect big movements on the market.
This morning we worked to close the opened positions as better as we could (both with profit GBP/JPY and NZD/USD), We gained in this way some positions in the standing. In other circumstances i would kept opened my best position on USD/CHF and this morning we had a big increase. Anyway i think i worked well this month. I don't think i will op…
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