Yusu, perhaps you could describe where you're getting your technical levels from? Where did you get those three blue lines from? Is that an Andrew's pitchfork?

Yes .its the Andrew's pitchfork

Hi Brad,

Thanks for spotting another good opportunity but can you pls also give your opinion on direction for USD/CHF as that should also push higher with EUR/CHF? Thanks

I like your charts .Thanks.I am a chinese girl,I jion this forum just now.I want to release my idea ,but I don't know how to release.I hope you can tell me .thanks.

Hi brad. Just got to this blog and i like all your posts so far. I think d eur/chf is trading in a parallel price channel line (those two red lines) and is about to bkout of the up trend line. I miss this from d top (the diog line). I thin next wk it will be clearer if it will bkout of d up tline and retest it. You all have a great wkend. happy trading

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alice....

do you mean that you wish to post your charts in the forum......?

Trendline is said to be the most powerful indicator. The aud/cad has revealed what is called two- trendlines where we watch a close below the first trendline which has been acting as support/resistance and the hold a positin to the next trendline which price has tested in the past
In this set up, i will wait for a close below trendline 1 on daily chart then hold to the 2nd trend line which is a major suport on weekly chartAttachment 18473

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The daily candle is likely to close below this trend line this night and i just took a short position with small size. It may pull back before going futher to.8414.
Am sorry my system is acting funny this night. I will post d chart soonest

I'm short AUDCAD@8870 sl@ 8964 tp@ 86. will reassess the trade following CAD employment data release. Also short NZDJPY@74.21 SL@BE tp@unknown (maybe 67). why are there no posts on this pair?

eur/chf just broke down the tline that is been holding it since april. I actually want a pullback on this pair b4 it goes down to 1.5340. Am still sorry about not been able to post d chart

Am up 62 pips. Waiting for tom report too. Happy trading

Hey Guys,

Here's a setup that may be forming on the GBP/CHF. A rising trend-line was formed and has since been broken through. Price looks to be rallying now back up to retest that trend-line as resistance. If price does fall, I'd expect to see new lows at some point, which means a profit potential of at least 1,000 pips!

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There is an interesting test on an old resistance tline on this 4hr aud/yen. Similar pattern occur in aud/usd. Its better to wait for one more candle prints on the 4hr chatr to know if it will reverse

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