EUR/CHF

TP for sell @ 1.1265 (scalp)

....Awesome trading andoseg2, congrats....

simply the best. ir's good fun them being back together.

Oh I'm sorry, I posted that in the wrong thread, but they are good in deed, thanks Gold2011...

...Great trade in deed andoseg2, I got out when the RSI touch the lower line, thanks for the tip....but 1.1200 is almost there....

Hi chonchy, why do u say sorry, I thank u for Thais because I didn't know they had made up.

So heres my secret. This pair is in bulls mode for me.

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Update : TP hit.

Congratz chonchy

....No I said sorry, because I wanted to posted in my the cesarnc thread and I posted here by mistake, is not trading related, but they are one of my favorites so if you like them good, great...

...yeah no that was a great trade and you called it andoseg2 so I should congratulate you for the tip....

No doubt everyone at the Swiss National Bank (SNB) is standing to attention. The central bankers are unlikely to enjoy the fact that EURCHF has eased below the 1.13 level. As a result of the lira crisis the franc is in demand as a safe haven. And only in April things had still looked so promising for the SNB when EURCHF touched the 1.20 mark. Now, however, the SNB will have to ask itself whether it will change its wording on the franc again. Let us remind ourselves: in June 2017 EUR-CHF traded at 1.09 and the SNB referred to the franc as “significantly overvalued”. In September 2017 however, when EURCHF had been trading above the 1.14 mark for some time, the SNB changed its wording and now only referred to the franc as “highly valued”. Admittedly, at 1.2% yoy inflation is now higher than last summer (0.2%), but core inflation has only recovered from 0.2% to 0.5% since then. Sufficient reason for the SNB not to exclude that in case of further franc weakness it might decide at its next meeting on 20th September to return to its old wording of “significantly overvalued”, should EURCHF have approached the 1.10 level until then. Interventions on the FX market are of course also possible even though the SNB will probably want to avoid these as far as possible. Once again things are outside the SNB’s control. The development in EURCHF will depend on how risk aversion will develop on the market. And that is difficult to predict, unfortunately. Should EURCHF continue to fall, I could imagine increasing comments on the part of SNB officials on exchange rate developments, beyond the reluctant comments by SNB vice governor Fritz Zurbruegg on the SNB’s willingness to intervene yesterday.

I'm surprised this thread isn't more popular?

Saw a really nice setup yesterday. On the daily chart the price hit the top of a descending channel for the third time, passed through a support, and also crossed an ascending trend line.

I took a short at 1.14185. TP is set to 1.131, and break-even has already been reached (I love a low-risk position! )

Testing last week´s high... certainly beginning to look more bullish. More time needed before it makes it´s way towards 1.150.

EURCHF running into significant resistance 1.139 - 1.136

Daily Chart.

Looking rather bullish at the moment. Broke through Yearly and Monthly Pivots together with minimal hesitation

Yep. Nice and bullish.

A few other chf pairs looking like they might breakout into uptrends also. GBPCHF, AUDCHF on Daily TF