USD/CHF

H4 IS DOWNTREND
not good too buy
even my system let me.

I wonder if usdchf will move up if Japan intervenes again like it did last week? I so want to short usdchf but I am a little concerned about the BoJ actions affecting it....so maybe the key is waiting for a small retrace before entering short to target .9850ish area?!

You are itching to go Short and I am itching to go Long. But I am going to wait to see if it gets around 0.9930 before I do.

I actually prefer to build longs here too...I just can see it dipping a bit more and I am tempted to short it to about .9850...but that would be my absolute limit for shorts.

My gut will not let me hit the "short button" though as I am not sure about this latest move.

can't resist... begun opening small long positions at .9890

Play small if you want to build long. Swissie is targetting .96

What a bad pair it is, I take one long position in a week but always it disapoints me. so it is better not to trade this pair anymore.

This shit hit my SL again..

Mate do yourself a favor and take a break.

No point going long on this pair anyways when EU has a rocket up its arse.

just my 50 cent

Thank you.
I do.

weekly and monthly minimum close is at .9930 and daily minimum close is at .9843, both respected well so far, loaded longs around .9850-70, .96 was just a spike back in history, this doesnt mean it can not be tested, but thats a low probablity thing.

plus swiss franc trust is over 100 once again, which never lasted too long over that level - (1/usdchf)*100 -, with a nice mm, these places are good to build longs imo.

are there no intervention of the gorverment?

i think that the value of the usd/chf may not to low.....

it is like usd/jpy , the goverment dun like the value to low... am i wrong?

Government intervention? They threw in the towel a long time ago, about 2000 pips, give or take!

I think it is good position for long now. I bought usdchf and gbpchf

what is your reason thinking of that? if i may know

Just wanted to poll those who trade this pair...how low do you think this baby will go before turning around?

96xx

Typically this pair moves in opposition to fibre.

Right now fibre is aggressively rising (although I just do not see a good basis for this to be occurring, considering the situation in Greece and Ireland and approaching problems in some of the other member states). Fibre is nowhere near its historical high and USDCHF is still more than 200 pips above its historical low.

A long may work, particularly if watched carefully because a return to the historical low, or possibly even lower, is possible. At present there seems to be a disconnect between price and fundamentals with respect to several pairs which is suggesting that there is manipulation by major players which has more to do with their profits than with prices that relate to the reality of the financial situation.

I have analysed the USD/CHF and I'm considering going long right above the high of the pin bar that has formed, also I find a support here on as there are weekly and monthly S2 pivot points. I also find that in this area we have some old support, and there is fibo-extension 100 and 127 which is in confluence with monthly and weekly S2.