- Post #10,323
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- Mar 27, 2013 5:38am Mar 27, 2013 5:38am
- | Joined Jan 2012 | Status: Member | 63 Posts
- Post #10,338
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- Apr 2, 2013 7:49am Apr 2, 2013 7:49am
STRENGHT IS LIFE ,WEAKNESS IS DEATH - SWAMI VIVEKANANDA
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DislikedHere you got CHF index in daily time frame, from last year. As we can see the bullish trend has been broken yesterday, today should confirm it. Therefore and also taking into consideretion strong support at 1.2160-1.2190 area, I a long from 1.2170.Ignored
DislikedThe only thing you need is short CHF (long EURCHF, USDCHF) and wait, wait, wait.Ignored
DislikedYep, not a pretty sight. Today we've been within 20 pips of the post-Italian-election low of 1,21196. If we break through that, I am going to be hoping that the SNB is ready with the buy button. PKIgnored
DislikedDunno. Looking at the cross rates it seems to be more a EUR fall than a CHF rise, but the EUR news was also the other way (Spanish & Italian unemployment both better than expected). Wasn't "news", so: rumour?Ignored
DislikedLast year, I wrote about the month end flow effect with this pair: http://www.forexfactory.com/showthre...ow#post5439244Ignored
DislikedLast year, I wrote about the month end flow effect with this pair: http://www.forexfactory.com/showthre...ow#post5439244 This effect worked last year, and the current year too. So near month end there is a downward pressure, which is easing at the 1st, 2nd, 3rd days of the months.Ignored
Disliked...... But in bigger picture i suspect franc to weaken, as SNB annouced it would like to see it at 1.25000, above which i placed my TP, at 1.25500. Good luck with your trades. {image}Ignored