EUR/CHF

More Profits fading the crowd. That will do on this pair, I think another 200 pips is left but Im done playing chicken with SNB

I remain bearish sentiment on EURCHF because EUR is now fundamentally weaker against CHF and this is also aligned with technical analysis. Nevertheless, I will be cautious because this pair seems like over-extended. I am expecting strong pullback for trading.

http://myinvest888.files.wordpress.c...ng?w=484&h=248

There's a current inside bar setup on the Hr, look for bullish play. In fact, most EUR pair at this time seems to me bullish.

E/C played out just as I expected. A little over 20 pips profited. Now my plan is waiting on another valid entry signal and take it from there.

Something I also noticed, E/C Hr chart is playing within a channel. So price currently looks to be making it's bullish way to the 1.500 level.

could you give us a chart? i just don't see it.

Thank you

Sure Jackdan,

Eur/Chf on the Hr timeframe

Maybe you misstyped it, i see it up to 1.4500, not to 1.5000....


Because i still do not see it's way up ina channel to 1.5000...

regards and thank you

No, no mistypes. Price may be heading toward the 1.500.
1.500 is a major whole number level, in which price responds pretty well to major whole numbers. 1.500 is the nearest whole number, as price bounced off channel upwards ... pointing to 1.500.

Trading is not an exact science ... I call it how I see it. I trade what I see.

i agree with your general opinion on euro pairs, actually, just need somo more firm decision on the greek matter, and all be sorted (that is the fundamental part) and from technical, at least on the leading pair, EU, it bounced from bottom.

I more start to see a possibility of a ranging channel up to 1.4900 and back down on this pair, like back in 2001/2003, except any strong attack from SNB, that I still believe possible, but not before greek issue fully sorted.

what i do not see, and i'd love to, is how from the chart you posted above, you say it could bounced up to 1.5000. Because of round numbers? then, i would say, 1.4500 is round and 1.4000 too. But i take good note of your post, and we will see, future will tell, and as a good friend used to say, for sure it will go right (on the chart..heheheh....)

my best regards

As of now, retracement is in progress. Let’s wait for 10EMA to cross 50EMA.
http://myinvest888.files.wordpress.c...ng?w=484&h=248

1,445 new support?

hm it seems to me, around current behaviour it so tiny intervenction

...

looks like we are really heading to 1.4300


then, maybe 1.38, as our friend mentionned earlier on...

Knife keeps falling!

am I the only one watching slumps and jumps on euro pairs?

I just caught it

wow, i can't believe this is happening.

shorting here @1.4375, target 1.4

already +20 pips,
looks like SNB intervention but the other way around

This pair already dropped much today even like a rocket from last 4-hours and i think maybe now retraces back for while...but still main trend seems bearish