USD/CHF Short - technical analyses

8 июл.Third trader with the same analysis.
Same Rules; hold until green line is reached.

8 июл.

Комментарий

holding overnight.

11 июл.

Сделка активна

17 июл.

Сделка закрыта: достигнута тейк-профит цена

Technical Analysis of USD/CHF on the 15-Minute Chart – Review of Week 29

The analysis showed that it took 12 days to reach my first target. It then took another 6 days to reach the second target, marked by the second green line, with a gain.

As I explain in my "TimeFrame-Tipps", the choice of timeframe for technical analysis is crucial.

WARNING: It is not recommended to do day trading on 15-minute charts.

Conclusion: One can and should close several trades during these days.

However, to follow my analysis on 15-minute charts, it is advisable to hold positions longer. Last week, I was mostly in the red with this position and incurred corresponding SWAP costs.

For traders who are used to opening and closing multiple positions daily, trading on a 15-minute chart can be tiring as it often involves a lot of waiting. However, this can be an advantage if you are employed and cannot or do not want to constantly monitor the charts.

I also recommend conducting analyses on different timeframes to get a better overview of market movements. I do analyses that I close on the same day. Unfortunately, I cannot publish 1-minute charts on TradingView, which limits the implementation of my short-term analyses.

In summary, patience in trading on the 15-minute chart or any other timeframe can and will be rewarded.

My analyses are designed to make trading easier.

If you have any questions or would like a personalized analysis, feel free to contact me. Benefit from my knowledge and experience in trading.
Thank you and good luck with your trading!