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EURCHF Trade

KusumFx Posted 1 Dec.  in #Trader's blog
EURCHF Trade
My early traded for the new month are USDJPY in play and EURCHF pending enter into a long trade.
USDJPY: I entered around 123.122 area and still in play for a long position.
With euro is showing an over all strength and CHF in the other hand a weakness, I will enter into a long trade if my trade set up is triggered.
Chart is attached and I use 4 HR chart for identifying my trades. Again, my main deciding factor will be the Fib re-tracement and support/resistances.
Best Regards
KusumFx
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AUDUSD short trade

KusumFx Posted 17 Nov.  in #Trader's blog
AUDUSD short trade
Economic calendar for tomorrow (Wed) has a number of events that can cause wild move in euro. I do not and can not speculate the outcome of these news events and wish to stay away and save my capital for another day. This is how I view and approach trading personally. Having said that I am adding a conditional entry to go short AUDUSD if price break below 0.70793 area.
AUDUSD: 4HR chart shows a nice trend line resistance for down trend. My stop loss is above the trend line and…
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anna_n avatar
anna_n 22 Nov.

good lines!

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Current and pending trades: 16th Nov

KusumFx Posted 16 Nov.  in #Trader's blog
Current and pending trades:
I entered short GBPUSD at 1.51922 just below near term resistance with the expectation the down trend will continue. This is based on 4 HR chart Fib values. Price has respected the 50% Fib so the probabale scenario is to go short in the interim time frame.
British pound gained overnight against YEN, and considering overall bullish outlook showing against Swiss Frank, I have entered a conditional entry to go long around 1.5265 area. This is in line with my trading stra…
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