Thursday May 24
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May
27/10
USDCHF Sell at 1.1585
Last Updated on Thursday, 27 May 2010 08:13
Written by Ross Mullins
Thursday, 27 May 2010 08:13

Trade posted to TAP at 8:45am ET sell USDCHF at 1.1585. Has broken the 4 hour trend line and now testing the bottom. Other confirmations are the newly forming 1 hour down trend line and the .618 fib of that same 1hr trend. When trade moves to 20/25 pips will move break even and then looking for intraday targets back to 1.1526, 1.1500 or 1.1470.

USD/CHF Chart Picture

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This entry was posted on Thursday, May 27th, 2010 at 8:13 am and is filed under Trading Signals & Strategies. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.


1 Comment
  1. Commentsturbojohn   |  Thursday, 27 May 2010 at 9:11 am

    Thank-you Ross, I’m on it now, appreciate the counsel, Regards, John


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