Quotes with Resistance & Support
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Buy USD/ CHF – Continue to hold

Posted on: September 10th, 2012 at 12:17 pm

Technically its nearing strong support levels of 0.9440-0.9450. Can expect some bounce from here. One can enter at cmp: 0.9460 for a target of 0.9490

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49 Responses

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  1. deepa11 Says:
    September 11th, 2012
    Posted at: 5:42 pm

    hi cb,i want to trade forex market through etoro just Rs.2500 is enough to invest.. pls clarify


  2. CB Says:
    September 11th, 2012
    Posted at: 5:45 pm

    Hi Sameer, ok. lets hold

    Hi dillip, its a hold. near strong support levels. likely to bounce back from here


  3. CB Says:
    September 11th, 2012
    Posted at: 5:46 pm

    Hi deepa11, yes, that is correct. can start trading after you transfer 2500rs. one lot costs $20 (rs.1000-1200)


  4. deepa11 Says:
    September 11th, 2012
    Posted at: 5:51 pm

    ok cb,like option trading am i correct..


  5. CB Says:
    September 11th, 2012
    Posted at: 5:53 pm

    Hi deepa11, yes. its much safer as investment amt is small and its volatile in a small range usually


  6. deepa11 Says:
    September 11th, 2012
    Posted at: 5:55 pm

    ok cb,i will try with ur guidance.. thanx a lot


  7. Sohan Says:
    September 11th, 2012
    Posted at: 7:05 pm

    Hello CB,

    I exitted USD/CHF at 9435, it was looking week.

    And today I have entered all against USD,

    AUD/USD at 10377 it is now 10413 -

    GBP/USD at 16022 it is now 16036

    EUR/USD at 12803 it is now 12819 - I am expecting lot of short covering in this scrip.

    Please give me some target to exit from above.

    Sohan


  8. dillip Says:
    September 11th, 2012
    Posted at: 8:51 pm

    Hi CB,

    Now USD/CHF trading below 0.9440. I am loss of 20$. what is your suggestion.


  9. Sohan Says:
    September 12th, 2012
    Posted at: 1:51 am

    Hello CB,

    Can I re-enter USD/CHF at current CMP.

    Sohan


  10. Sohan Says:
    September 12th, 2012
    Posted at: 1:56 am

    Hello CB,

    Silver is still open.

    Also AUD/USD, there is some news on Thursday, lets see what happens.

    http://www.fxmarket.tv/2012-09-11-aud-usd-still-has-more-room-for-correction/

    Please give me your opinion on this.

    Also please give me opinion on EUR/USD.

    Thanks,

    Sohan


  11. CB Says:
    September 12th, 2012
    Posted at: 2:02 am

    Hi deepa11, most welcome

    Hi Sohan, usd is seeing selling pressure. hoped booked profits in others. can re-enter at cmp

    Hi dillip, if possible hold for some more time. likely to bounce back from here.


  12. deepa11 Says:
    September 12th, 2012
    Posted at: 10:32 am

    Hi cb, forex trading time pls?


  13. Sohan Says:
    September 12th, 2012
    Posted at: 11:28 am

    Hi deepa11, it 24 hours and 5 days

    Sohan


  14. Sohan Says:
    September 12th, 2012
    Posted at: 11:40 am

    Hello,

    http://www.fxmarket.tv/2012-09-12-european-economics-preview-german-constitutional-court-ruling-on-esm-due/

    Sohan


  15. Sohan Says:
    September 12th, 2012
    Posted at: 12:35 pm

    Hello,

    http://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/euro_open/2012/09/12/Markets_Brace_for_Todays_German_High_Court_and_EU_Announcements_.html

    Sohan


  16. deepa11 Says:
    September 12th, 2012
    Posted at: 1:23 pm

    hi sohan GA..thanx for ur information..im new to forex, r u trade everyday?

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