Wednesday, October 17, 2012

Trade Setups I Posted for My Friends

This was what I posted on Forex Factory this morning:


We have a lot of pairs trading at supply and demand levels including the Euro and Cable but I find the attached setups interesting:

1. CHFJPY - H4 pinbar & regular divergence @ supply zone
2. CADJPY - M30 regular divergence @ demand level, with a possible engulfing outside bar on the H4 TF hinting of a potential good run on this trade.

Good trading to all

Shalom, and God bless

George



CHFJPY was never triggered but CADJPY is up about 100 pips since my posting.

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