Forex ideas

Quote from ivica:

GBPCHF will go up if US market will bounce..imo..I will look for loong based on 5 min CCI divergence Now setup above: 1.952, stop under 1.9458

eurjpy has also been following US market very well.
 
Quote from trackstar:

eurjpy has also been following US market very well.


Yes..I dont have clear chart pattern on them..but I will look for 5/15/30 min CCI setups..and with other eye I watch US market. Right now very choppy...and trading risk is very high
 
Sry to wait my answer. I was little busy last days and your post is longer and can’t answer in one line. I will just talk from my experience and others can bring theirs. I’m not best scalp trader and I think that is very hard to scalp Forex market. It can be very whippy so I avoid that. From my experience it is best to follow trend.


10-13-08 10:39 AM
http://tinyurl.com/3kg6m2

Long above: 1.366
Stop under. 1.3608
Target: 1.378
Well in general that is my style. It is hard to bring here absolutely full explanation of my style, but generally this i sit. I need big picture for direction and then I look smaller time frames for setup. If I see good 60 min setup pit won’t be strange for me too follow 1/5 min CCI divergence. That can cut my risk and increase reward. But generally I use bigger stop then on stocks because it is whippier. But my advice is to take some demo account just to get some feeling. Not big difference, but it is good to build some confidence. You are experienced trader and I believe that you will go over that very fast. Other stuffs are same, like risk management, trading plan, patterns etc etc.
I hope this help and if you will have any question feel free to contact me.

Kind regards
Ivica
 
Quote from ivica:

Good day all,

GBPCHF
I will look for 5/15 min bounce and CCI divergence short trade.
http://tinyurl.com/6s7p8b

GBPUSD
Same idea and trading plan as chart above.
http://tinyurl.com/57ogyx

USDCHF
http://tinyurl.com/6dskf3


Good day all,

Hope you all took some advantage from yesterday post. We saw nice moves and with CCI setups we increased r/r

GBPCHF
http://tinyurl.com/6cbo3l

GBPUSD
http://tinyurl.com/5ae6bv

USDCHF
http://tinyurl.com/55qx8y


Two, rather similar ideas for today. Not much out here because charts are very extended and it is very hard to post scalp here because it can change in second.

http://tinyurl.com/5hcwya
http://tinyurl.com/649frg


If you have any questions, please contact me.
Good luck trading today!!!!
Ivica
 
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