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Current CHF Trading Plans

Discussion in 'Commercial Trade Journals' started by Mark Mc Donnell, Mar 17, 2011.

  1. Mark Mc Donnell

    Mark Mc Donnell Forex Early Warning Representative

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    AUD/CHF – set sell alarm at 0.8740(estimate), substantial room to drop below there
    USD/CHF – set sell alarm at 0.8960 (estimate) no support below there, strong downtrend should continue
    NZD/CHF – set sell alarm at 0.6420, no near term support, strong downtrend

    All three pairs have significant potential, some volatility spikes past the alarm prices.

    When the price alarms hit verify any buy entries with The Forex Heatmap ™ and look for CHF strength or base currency weakness or both.

    Good Trading
    Mark Mc Donnell
    www.forexearlywarning.com
    Spot Forex Trading Plans Across 22 Currency Pairs
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  2. RahmanSL

    RahmanSL Major

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    USD/CHFset sell alarm at 0.8960 (estimate) no support below there, strong downtrend should continue

    Last half hour or so, price level at high of 0.9039
    When is "strong downtrend" expected to happen?
     

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