And the aud chf looks to be back in sell mode

as the tick chart also shows new lows being made

By having the harmonic pattern formed on the daily TF we are observing a price reversal. Later, we are expecting to see a drop to the bottom of the channel if the selling pressure persisted.

aud chf

On the daily chart, the price is flying like a bird in a hurricane inside an accumulating rage. If it gets out of the range, we are expecting a trendy move.

update

audchf h4

I just couldn't find an entry position for the whole day.

people trading this pair please help me to find some direction. I am short but now i am losing -20 pips

Come on Aussie, you stupid people are just playing games with us now. Right now the game is called, "Can you spot the SHAKEOUT???"

Gap up before the weekend, then 1/2 gap down at market open... ugh

Which is weaker -- EUR, GBP, or CHF???

The correct answer: they're all weak!!!

Give me a break and just send this thing up already.... geeez.....

This is ridiculous. They're still trying to fool people / throw everyone off.

GET ON WITH IT ALREADY!

Pretty obvious that they are manipulating this pair and don't want it to go too high too fast.

But Europe or London sessions may change that. FINALLY.

Tons and tons of manipulation going on here in Aussie pairs, particularly AUD/CHF. They are pushing it down every chance they get, trying to fool everyone thinking it's a short, and that is when they BUY as much as they can.

SOMEONE is doing a hell of a lot of buying here between 0.87 and 0.875. Probably some stupid bank (RBA?) or something like that. They always get the prices they want.

I am so sick and tired tonight of watching paint dry, I am calling it a night, going to sleep, and this shit better be higher when I wake up. Goodnight and GL.

Short 0.8380

Any new insights on the pair?

Aud Employment news coming. Hourly chart shows a bullish flag ahead of news. Aud got hammered on copper news yesterday and reversed trend from bullish to bearish then found buyers. There will be a knee jerk reaction to the employment news up or down, depending on what the news is.

Where are those fake 'real' traders who trade without stoplosses.I dare you to trade without stoploss again.With EuroChf falling 3000+ pips r.i.p to your forex accounts.i wish swissy rally got you naked with no SL . lol .it would be a lesson well learnt

If you were on the right side of the trade it would not be a problem so dont think its all doom and gloom

Hi Guys,

Please i will need your help as i got unfair margin call from oanda at jan 16 at 2:07:26am australian time
for Aud/chf on .7318 and i did check with other brokers and on that time the price never went that low.

Please advice me what to do????

Bulls and Bears having a real battle at the moment.

If the bears win and the support breaks, it could be a lot of pips to gain when short.

http://i.imgur.com/npILkKu.jpg

Well, the bears gave the bulls a real beating. I was accompanying the bear pack for part of the descending move.

Left them way to early.

http://i.imgur.com/TLt1JNK.jpg