SFX Divergent Daily Advice

[SoundFX]

Gotta sellt he USD/CHF at 2380 for the day.

[SoundFX]

Shorted CHF heavy 2450. Notice Cable came back down to the point of divergence like we said with the chart a while back.

[mosad2]

what about eur/usd?
Im long from 1.2675 to a price target 1.2720 where I will reverse and go short!

[SoundFX]

That's probably a good plan Mosad. Looks like we might have some range up ahead which makes for awesome divergence trading. I think I'll just let the market tell me when to reverse my CHF.

[SoundFX]

Still happily holding CHF shorts. Looks look upward steam gone. Maybe back to 2380-2400 area first? Cable sure fell nicely and rattled around today without a purpose.

[woodland-realm]

Hey SFX, on a 1 hour chart for USD/CHF I see a 1-2-3 in the direction south. Low is 2298, high is 2610, and current is 2433. I hope it bodes well for my short.

PS: Was that "?" intentional on your last comment?

[mosad2]

sound
I think usd/chf is just in a retracement thn It will continue it's up move
Im shorting cable at 18951 targetting 18890
it's a high risk trade , lets wait and see

[mosad2]

Originally Posted by mosad2

sound
Im shorting cable at 18951 targetting 18890
it's a high risk trade , lets wait and see

a directional up move is evolving, closing at -5 pips
I rushed into that one