FOREX ideas

USD/CHF - is ready to fall maximum target 1,0740-45 - this should mean that EUR/USD could be ready to go up...
 

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FOREX Corner
Date: 08/18/2008

¬¬Here are several ideas what I will watch for Monday. Setup is above pattern. I like to use equal move for possible target area, but that depend on breakup/breakdown pace. If is stronger then pace before consolidation (pattern) then I will look for more then equal move and if is weaker then I will look for less. Of course support/resistance areas on the bigger time frames are very important too. If anyone has any question feels free to contact me. Soon I will have automatic alert on every update so it can be easier. I use bigger time frames for directions and I will go over smaller time frames like 5/15 min for trading plan.


AUDJPY
http://www.ivicacharts.com/diagrams/2008/08182008AUDJPY30.jpg

EURCHF
http://www.ivicacharts.com/diagrams/2008/08182008EURCHF30.jpg

EURGBP
http://www.ivicacharts.com/diagrams/2008/08182008EURGBP60.jpg

EURJPY
http://www.ivicacharts.com/diagrams/2008/08182008EURJPY15.jpg

USDJPY
http://www.ivicacharts.com/diagrams/2008/08182008USDJPY60.jpg

Good trading!!!

Ivica
 
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