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newdigital
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But EURUSD is on bullish for many days already and as we see from Absolute Strengh indicator - it is in overbough condition. So, it may be rally for USDCHF and correction for EURUSD on Monday.
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http://www.traderslaboratory.com/forums/attachment.php?attachmentid=34420&stc=1&d=1359910100 Just an example with USDCHF D1: Chinkou Span (white line) crossed the price 1 day ago on close bar for bearish as a primary trend, but price did not cross 0.9075 resistance on close bar. So, it may be bear market rally on Monday. After that - the price may be continuing downtrend for example.
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I am using Ichimoku and s/r lines for it.
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Success is Very Difficult but Loosing is Very Easy
newdigital replied to Jack Francisco's topic in Forex
We all can not success easily ... But why ... if we are monitoring the charts with price and with indicators "pretending" that we are openning the trades - everything is fine - we are with "virtual profit". But once we open real trade so market is going against us immediatly
