Sell USD/ CHF – Book profits at 0.9750

Quotes with Resistance & Support

Market Information

Sell USD/ CHF – Book profits at 0.9750

Posted on: July 18th, 2012 at 1:18 pm

Technically it looks weak below 0.9820. One can look to go short at cmp: 0.9775 for a target of 0.9740.

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13 Responses

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CB Says:
July 18th, 2012
Posted at: 3:29 pm
Hi shiva, oh ok. could conitnue to hold it for some more time.?
shiva Says:
July 18th, 2012
Posted at: 3:31 pm
sl triggerred in terminal :( ... shall I sell again here? what's stoploss?
CB Says:
July 18th, 2012
Posted at: 3:32 pm
Hi shiva, hmm. add 50% here. need to add in lots as these are mostly news driven
shiva Says:
July 18th, 2012
Posted at: 3:33 pm
what's the news now?
CB Says:
July 18th, 2012
Posted at: 3:37 pm
Hi shiva, news is a bit positive. not sure why this upmove. http://www.forexpros.com/news/economic-indicators/swiss-zew-economic-expectations-improve-modestly-in-july-236066
imran khan Says:
July 18th, 2012
Posted at: 10:42 pm
Hi CB,
how are you? i want to learn this forex trading, can you please give some details how it works?
CB Says:
July 19th, 2012
Posted at: 1:53 am
Hi imran khan, you may open an account at etoro (http://www.etoro.com/A36256_TClick.aspx). its good for beginners. its same as trading in stocks but is less volatile and chances of loss is on the lower side. after opening an account you can trade with as low as rs.1000. you will gain good experience when you trade 2-3 times. same technicals are followed as used in equity markets
Imran khan Says:
July 19th, 2012
Posted at: 6:06 pm
Hi CB,
Thanks a lot CB, sure i wil open account with them next week.
Robotguy Says:
July 19th, 2012
Posted at: 7:42 pm
Hi CB, Hi CB, I am short in Bank Nifty and Nifty I have not squarred off today. I don't know why but, I feel market will fall by 300-400 points. I know market does not run on our hope, but still it is my presumption. But anyway can u pls give me a proper MAXIMUM stop loss for Nifty and Bank Nifty. My stop loss for Nifty is 5282 and Bank Nifty 10702. U pls suggest ur opinion.
Hi Imran khan, Good evening Imran Khan
Robotguy Says:
July 19th, 2012
Posted at: 7:47 pm
Bye to all...
Robotguy Says:
July 19th, 2012
Posted at: 8:40 pm
hi cb / karthik pls reply to my query posted at 7.42 pm
CB Says:
July 20th, 2012
Posted at: 8:14 am
Hi Imran khan, most welcome
Hi Robotguy, ok. yes, nifty has been moving in a small range with negative bais lately. on the short side can see further selling pressure come in if nifty breaks 5210. lets see.
imran khan Says:
July 20th, 2012
Posted at: 12:58 pm
Hi Robotguy, Hi robotguy
how are you man, i was missing you from few days