FOREX ideas

http://www.ivicacharts.com/diagrams/2008/08212008GBPCHFd.jpg
http://www.ivicacharts.com/diagrams/2008/08282008GBPCHFd.jpg

At 08/21/2008 I sent daily GBPCHF triangle setup. Final target will be around 2.0. When I see good setup on the bigger time frame I will use intraday time frames for several setups. Right now 60 min chart giving us another opportunity.

http://www.ivicacharts.com/diagrams/2008/08272008GBPCHF60.jpg
http://www.ivicacharts.com/diagrams/2008/08282008GBPCHF60.jpg

Nice target area on both charts. I like bigger time frame support for smaller time frame setups.

For today I will watch:

http://www.ivicacharts.com/diagrams/2008/08282008GBPUSD60.jpg

Good trading!!!

Ivica
 
For today I will watch:

http://ivicacharts.com/diagrams/2008/08292008CHFJPY60.jpg
http://ivicacharts.com/diagrams/2008/08292008USDCAD60.jpg
http://ivicacharts.com/diagrams/2008/08292008GBPUSF60.jpg
http://ivicacharts.com/diagrams/2008/08292008AUDPY120.jpg

Some of them just had setup, but I will watch for new setups on the 15/30 min charts. I think that is always good to follow them, like GBPUSD 60 min chart. It gave us very nice pivot entry and another continuation. Good trend example.

I will look for more possibilities during day like USDJPY daily triangle and 30 min consolidation for move down- If anyone will have any question feels free to contact me-

Good trading!!!

Ivica
 
CHFJPY from 08/29/2008

http://ivicacharts.com/diagrams/2008/08292008CHFJPY60.jpg
http://ivicacharts.com/diagrams/2008/08292008CHFJPY60t.jpg
http://ivicacharts.com/diagrams/2008/09012008CHFJPY60.jpg

Hope someone took it. It was really nice great risk reward trade. I brought it as example what I’m looking for in my FOREX trades. For me bigger time frame like weekly/daily and 60 min charts are very important and everything without bigger time frame support will be scalp. Right now I don’t see on those time frames interesting continuation chart and I will just. Updates will be on the site and I will bring it on the time. CHPJPY still have room for downside move but right now reach previous support area on the weekly chart and every short setup will be more and more scalp and risky.

Ivica
 
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