GBP/CHF and USD/CHF

Set up to go north ?

Weekly

congratulations for all who traded it





.

on monthly TF basis this should touch .9330 area imo.

As you can see in 4H chart, I am just wondering if usd/chf break the neckline successfully? If so, the price is expected to go up next week.

Thanks a lot.

If euro chart is of any help..

Ultimate Test
1.27* - - 0.23*


>

Time frame: 1 min.
Indicators: EMA 10, EMA 20, SMA 50, SMA 480, Parabolic SAR.

The EMA's and SMA 50 are entry indicators while SMA 480 is the long term trend determinant.

Look out for long entries if price and entry indicators are above the SMA 480 and look out for short entries if the reverse is the case.

LONG: Enter long if EMA 10 cross above EMA 20 and both are above SMA 50. Target 20 pips and don't exit the trade if it goes against you until the SMA 50 cross below the SMA 480.

SHORT: Enter short if EMA 10 cross below EMA 20 and both are below SMA 50. Target 20 pips and don't exit the trade if it goes against you until the SMA 50 cross above SMA 480.

Once you get your 20 pips, you may not join the trend again until there is opportunity to enter for the opposite of the trade you have executed.

This system is working for me, try it.

Compare the 4hr and 1hr tf (eu)
vegas method remain formidable

price reach the minimum 1-4-6 target
daily bearish divergence remain
let's see the fight

>

you can also see a cup & handle ?

GBPCHF is being accumulated...back to 1,6000 soon

i wish anyone stop selling chf and more focusing selling euro, against chf and usd, lol bullish view of dollar-chf decreasing my profits on eur/chf . shorts since 3670 and 3400 with weekly target under 3100

kuroro, i think it will be much more swissie weakening if europe fundamental comes back to normal or better than expected. otherwise is choppy trade..although chf is weakening against usd, it is still my choice of safe haven currencies along with yen.

You were right...i took the loss on this one.
But compensated it by a short on usdchf.
I thought gbp was going to go up but usdchf dragged the pair down.
Im really not used to that pair...i will stick to trading eurusd instead.

There is a good channel going on DAILY charts, so I sold some () just recently. Current price 9818.

I sold @9813

Here's full picture:

sell @9813 stop loss 100 pips @9913, target 9670 moving to 0 after 70 @9743

Good luck everyone!

BTW, For those who wish to have a tighter stop loss, slightly above daily high around 9880 (about 70 pips) could also do...

But my choice is 100 pips

Regarding time line - I think it should take 1-3 days to reach the target. If not... well - stop loss is in place

http://kiprushov.files.wordpress.com...12/image23.png

usdchf may go 0.9693 to even 0.9544 before decision up.
fontu

Green Pips you all...