The Swiss take a beating!!!!!!!!!!
USDCHF on 15 minute chart
This morning has been a very quiet time with most of the majors not doing anything really exciting enough to be jumping up and down about, HOWEVER, the USDCHF has kept us going with a nice upward movement. Having bounced off the current major trend line this morning as well as teh moving averages, it looked like the USD was going to take control.
If that was not an entry point for you, you could have waited for the break of the 38.2% Fibonacci level and 100 day MA. If you never entered the trade then, you could have got in at the break of the 50% Fibonacci, if not then, on the bounce / pull back of the Fibonacci and lastly, if not then, on the break of the 200 day MA!!! Did you need any more entries to trigger you to trade this?
Remember to register your details to receive a free online 5 day course as this is soon to be discontinued. You can access this by visiting www.sereneeducation.co.uk
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Serene Education Ltd Blog- This site has been moved!!! 28/07/2009Dear Serene Education followers and students. Please be advised that this blog site has now moved sites and has been replaced by www.SereneEducation.co.uk/blog. This is due to our new members site where we are able to offer you, our valued students more valuable benefits and educational experiences. Click HERE to be taken to the new site and ensure [...]
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- Aussie – going down under? 24/07/2009Hi Everyone, Am watching the AUDUSD with interest, and waiting for all my signals to align for a potential short. The pair has been in an up trend during the London session, making higher highs and higher lows. Several things indicate the the pair may be ready to turn. (i) it has broken it’s trend line, [...]
- Intraday Directional Trend Indicator Update 24/07/2009Last intraday update for today on the FOUR major currency pairs. This tool will be made available from Monday for our Gold and Platinum members. Look out for the launch of the new site and have a plesant weekend.
- 4xchick trade updates 24/07/2009You cant win them all!!!! Had a few emails and calls from students today sharing with me their wins and losses for the day and the week. Remember guys, you cant win them all and the trading days this week have not been the greatest either. I called two bad trades this morning: GBPUSD & EURCHF both [...]
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