USD/CHF

http://www.forexrainbow.com/files/kv...pleaphhnwp.jpg

you can wait for more dip too buy some
But I want too take some rest and sleep for some hour
so I bought now
For some pips
Take P +30pips

http://www.forexrainbow.com/files/b8...qvx4qlul28.jpg

Tp tuched when I was sleep
Totall = +40 pip

http://www.forexrainbow.com/files/lr...mkxx0yow0v.jpg

closed with +15 pips

totall gain = +71 + 15 = 86pips today with one open pos in gu

http://www.forexrainbow.com/files/le...xxu7pp2izh.jpg

I want too say you something in my weekly view in uchf

28th / 9 weekly view on usd chf

http://www.forexrainbow.com/files/az...lq8lr6rbin.gif

If he want too go down he should break the resistance that I show on Orange line
If he break that ... he will go down
if he ont breack
so we will see he will pull back and go up again
lets see

you can look at my h4 chart

http://www.forexrainbow.com/files/ji...tw0a8kzy0d.gif

Hi there,

I'm quite new in tech analysis but would like to share and get other's advice.

Right now PA broken latest trendline on H1 (the yellow line on my chart) and indicators seems to show current trend ended with last week low. The pair also already made three new lows in the last quite flat part of the trend. Should we think the pair could soon retrace part of its downtrend ? The resistance around 0.9870 is a support from March'08 and also the 23.6% retracement of the last down trend (1.0182 -> 0.9779). It could more energy to break. So it may range a little below 0.9870. If it breaks above 0.9870, chances are it will fly at least to 0.9980. Significant support is last week low 0.9780. If it breaks below, it may dive straight to 0.9640 (historical low).

Me thinks that it need to reload (@ 0.9980) before going that low. I'm going to put a long @ 0.9890, sl 0.9860, tp 0.9970 to check if I'm right


Thanks to let me know how bad is my view ...

I know that everyone says that the SNB is not going to intervene (and normally they intervene more with the EURCHF pair) but would they be concerned yet with the strength of the CHF against the USD?

I only started trading this pair since May of this year so I was not sure how the SNB really feels about their CHF versus the USD.

Any thoughts would be great.

they have some gap n good to long fro, here for .9810 for first target....

in less than 4 hr we may seen this movement where may pull EU little bit...check M15/M30 n H1 right now....

good luck

g

Congratulations. exactly hapened what you said.
Now would you please tell me that can it touch 9877 today or not?
Thank you .

sorry for late reply..n it does just now...

for 9877 i would like to c H4 close above DP which is .97900..then possible...to reach ur # today...
let take a look how NY open....

good luck

g

http://www.forexrainbow.com/files/2y...w75lsvyykz.jpg

http://www.forexrainbow.com/files/sv...lrro4bx0vv.jpg


closed with +30 pips after 1 hour

0.978 break then possible back to .9810 or little bit higher to .988 as per some one number yesterday...

.988 is the key as it may change the medium term trend...

overall still bear but i saw it may have some pull back where EURUSD may drop little bit again...

good luck

The Smart Money is accumulating a lot at the 0.9720 area and this has to break up at some stage. They are lowering the supply with every small move down...this has to be short term bullish.

1st = touch n at least 70-80 pips for bank in...

let c how 2nd one ...look like...

2nd level hit..n let we take alook for 3rd one....

H1 must close above 1st level then possible to get to the 3rd one...

Happy pippin guys..take care

Here's my view on this pair.

Hey How are you. and all.

THis pair is still not ready to buy in my opinion. So, there are 2 things I am looking at.
1st If 9700 goes, then the possibility of hitting 9500 is real. HOWEVER,
2nd. At this level the possibility of some sort of intervention by the SNB becomes more of a possibility, I am certain they will not let the CHF strengthen against USD to no avail.


THe recent BOJ intervention has been almost completely erased. so, if we do have intervention it may just open up another GREAT opportunity to go short.

USD is favorable atm.

Yet another possible scenario: Range in a 200 to 300 pip zone for a month or so... We'll see!