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worked with the Swiss Army EA? 2 replies

please help with this swiss army EA 1 reply

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The Airforce Vs. The Army

  • Post #1
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  • First Post: Sep 14, 2007 2:11am Sep 14, 2007 2:11am
  •  boostrade
  • | Joined Jan 2007 | Status: Warrior | 176 Posts
The Airforce high in the sky, dumps bombs on to the ground, while the Army on the ground fire cannons and fight back. That's what happens in the forex market, the war between the sellers (The Airforce) and the buyers (The Army).
I hope through this thread to observe this war with all the traders here, analyse the 2 sides of the war, and sometimes join one of the forces.
I'm currently observing GBP/CHF. Yersterday, the 2 forces had a spectacular battle before and after the CHF interest rate decision. The airfoce bombed down the attck of the the army to 2.3898, where the army has been accumulating power to fight back.
Well, I think 2.3900 level is a quite strong base for the army, the airforce has not been able to even touch it these few hours, however, the army kinda fight back to 2.3955 a few times (yesterday's fibo of 23.6%). If the airforce cannot defend 2.3955, then the army will fight their way up 3990, 4018, and expect some heavy bombs at 4046.
make some money, have some fun, leave some footprints
  • Post #2
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  • Sep 14, 2007 3:29am Sep 14, 2007 3:29am
  •  boostrade
  • | Joined Jan 2007 | Status: Warrior | 176 Posts
The army has encountered fierce attack from the airforce at 2.3990 (38.2% fibo of yesterday's hilo).
make some money, have some fun, leave some footprints
 
 
  • Post #3
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  • Sep 14, 2007 3:56am Sep 14, 2007 3:56am
  •  boostrade
  • | Joined Jan 2007 | Status: Warrior | 176 Posts
The army is in danger!
Can they defend yesterday's low???
make some money, have some fun, leave some footprints
 
 
  • Post #4
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  • Last Post: Sep 14, 2007 6:11am Sep 14, 2007 6:11am
  •  boostrade
  • | Joined Jan 2007 | Status: Warrior | 176 Posts
As expected 3900 is a strong support level where the army wont easily give up. The army has slowly fight their way back from 3900 to 3955, an other critical level they've tried breaking up at the beginning of the day.
The airforce should have placed some bombers at his level, and also 3990.
It's a Friday, hard to say who'll win the battle for the day...However as I mentioned if the airforce lost 3955, the army will have the upperhand. The same to the army if they failed to defend 3900.
make some money, have some fun, leave some footprints
 
 
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