1.1700 was reached, 61fib comes in around that figure. Lets see if this short entry works this time. Stops are placed around 1.1760 and first target is 1.1350
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GBP/CHF and USD/CHF 954 replies
Correlation EUR/USD, USD/CHF, EUR/CHF (Humour me please... Thx) 8 replies
Can only view EUR/USD, GBP/USD, USD/JPY, USD/CHF through broker? 1 reply
EUR/CHF, USD/CHF turning up? 1 reply
Using usd/chf - eur/usd correlation to see moves in EUR/USD 46 replies
DislikedStill going up , see no sign for down . Boring
USD reach higher in index than last week wounder what happen to Last week DOJI could drop next weekIgnored
DislikedI am shorting usdchf like crazy for the past 2 weeks and accumulating quite a few short positions there. I bet it will go down big time but not sure exactly when (maybe next week!!!). Looking at the dramatic drop and the dead weary rally last week, which is absolutely the correction of the dramatic drop, I am sure there will be a big leg down again (minimum expectation). Use small position size and put your stop above the high of the big drop. I'm sure it will pay off well. CheersIgnored
DislikedWe see a medium term downtrend for USD/CHF. We have a breakout to the Lower side from a rising wedge formation. The rise was from 1.0370 on 29th Dec 2008 where it had created a double bottom formation to rise to 1.1882 on 20th Feb 2009. On the same day it had broken below its lower trendline of a rising channel. Now considering the wedge breakout we may have it in downtrend for the next couple of days.Ignored