Category Archives: Alert

Trade Idea: Sell USDCHF

Trade Parameters: UsdChf remains firmly within its downtrend, and the momentum indicators seem to point to even lower levels ahead. Allowing for a bounce back to parity+, the plan seems to be to sell 50% at market (0.9955) and a further 50% at 1.0020 Sell USDCHF@ Market ; 50% – 0.9955              … Read More »

Trade Idea: Buy GBPUSD

Trade Parameters: While the 4 hour charts hint at further short term weakness, the dailies remain constructive, so leaving some room on the downside to buy a dip does appear to be the plan. The 100 DMA and Daily Cloud base, both currently at around 1.2485 but falling fast (chart below), the rising daily Tenkan (1.2465) and the… Read More »