Lack of Updates – Now Back to Trading – First up EURCHF
Hi all,
Firstly I apologise for the lack of updates to the site, I’m still very much alive but have been away for a long holiday and now back!
Well, I have been watching the markets since I’ve been away but there has been very poor internet connection which meant that it’s not been possible to look at the short term markets as much as I would have liked to.
I have been doing a lot of research also and been looking at playing daily and weekly breakouts.
An example of a trade which I played today is as follows, it’s EURCHF and the break of the support is not only yesterdays low but the low for last week. Another thing going for this trade also is that the stochastics are high which means that for technical traders, the price isn’t oversold and therefore still has room to fall.
I’m hoping for a big move with this one! Will keep you updated!
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