USD/CHF

its resisting dropping.

And maybe want to go up to 1.2 and above.

cheers

hopefully some kind of pulback ?

first was going to add another short yesterday but i got crazy 4h candle and signal so I closed my short [email protected]
Now [email protected]

Thats the great thing about having protective stops, even with moves like this that could potentially go against you, you still end up a winner.
Better to stay away from the news!

Any one short with me at this level?

I short @1.1933 & 1.1895 so well see

Close 1.1836

With this intervention from SNB, Swiss Frank is counting his last days as a dominating currency that dominates bearish, bearish and always been in bear trend.
Historically interruptions just like the BOJ intervention drive prices long away before it catch and correct itself.
With this SNB intervention i think we'll see the 1.3 which i think it would fair price for this pair.
long the drops, long the drops and dont forget to LONG THE DROPS untill we see this action movie evaporates.
Good Luck Everyone

This was just a short squeeze. And great opp for all who closed their shorts in time.

What your position guys? Long or short?
Me still short and maybe add if got signal next 30 min and close under 1.1835

im long from 1.1850

short @1.1928 TP 1.1880 SL 1.1960

Mauldin about the Swiss Monetery Policy

http://www.frontlinethoughts.com/pdf/mwo031309.pdf

Watch out: upward channel will resume after successufly consilidate abovethe 50% Fibo Level, a clear break over the 61.8% level will evantually push this pair upward toward 1.2650 level and an extreme push toward 1.2950 level which will be the target of this wave.



Fundamentals VS Technicals --- Global Risk Aversion VS FED Intervention.
many obsticles are raised and all enough to be push, pull forces.
Price action and volatility will drive prices , I expect some consilidation at this level and IFF break down below 38.2% i think prices will go further below but IF NOT the 1.3 Target will be enough to watch in near future.
Im not swimming against the flood, but i watch out these kind of levels. sometimes my opnions become less credible if an earthquake on prices happen.
Wish luck for every person here

My target for new longs.

The Moves on Monday negates the Inverse Heads & Shoulders Pattern seen earlier. A upward channel has been formed and the price is currently near the lower line of the Channel. Needs to be seen whether we break the lower line to move down further or retrace back towards the upper trend line. I would prefer shorts below the lower Trend line.

Image : USD/CHF 4H

USD/CHF has broken down from a Minor Trend Channel marked in Blue. Ideal Target of which should be 1.1100 Levels. However there is a a Major Trend Channel marked here in Red at 1.131x Level which would act as a support and possibly try to break the fall. Short term shorts could be considered.

Right at resistance @1.1550. I wouldn't try to short it here. Bears..beware!!!

i have a very important resistance level at 1.1566
I am not going long in these levels.
we MIGHT retrace back.
but i am staying away from this pair for now.