Forex ideas

I will follow EURCHF 4 hours chart but also I will follow smaller time frame for some early setup to cut stop. Here is 4 hours chart. I think we have room for more selling pressure. Here is 5 min chart too and I will watch for that example with CCI divergence as setup. Right now I will look for short under: 1.5477 with stop above: 1.551. If that won’t works I will continue to watch 4 hours chart until pattern will be valid

http://tinyurl.com/4gqxbw
http://tinyurl.com/4buhha
 
Good day

I think that right now we have three ways to be traders. One is cash and it is very good position right now. Other is scalp trader (that is what we doing lately) and third is to be on some other market, like FOREX. Like to share several examples what we did, but only as examples to see what is in line right now and I want to note that trading risk is extremely high and CASH is my position while PATIENCE is my best friend.
Market will back that is 100% sure, but right now is best to wait that. Until then one of above explained ways are only ways to survive.
Wish you all good trading.

Example 1
http://tinyurl.com/4fc3s7
http://tinyurl.com/48o98g

Example 2
http://tinyurl.com/3sfk2y
http://tinyurl.com/44sklo

Example 3
http://tinyurl.com/3ocloh
http://tinyurl.com/44ptxr

Example 4
http://tinyurl.com/4j7pew
http://tinyurl.com/4b95hn

Point is what ever we trade right now trading risk is EXTREMLY high. Every overnight position is like a gambling. Personally I stick with FOREX with small risk. There are many extended charts too. I’m not best scalp trader and I’m trying to avoid that setups, and if I will take it will be with very small risk and that can’t hurt me.

Wish you all good trading
Ivica
 
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