it is challenging its support @ 1.27
GBP/CHF and USD/CHF 954 replies
Correlation EUR/USD, USD/CHF, EUR/CHF (Humour me please... Thx) 8 replies
EUR/CHF, USD/CHF turning up? 1 reply
Using usd/chf - eur/usd correlation to see moves in EUR/USD 46 replies
DislikedEUR/CHF has a huge downtrend. How to explain these kind of huge moves in one direction? I don't find any good fundamentals or analysis that is able to explain this downtrend.Ignored
DislikedI'll likely go long at around 1.2200 or 1.2180, not one pip earlierIgnored
DislikedThat's actually one I will consider too... but I cannot help as to stay impressed with all the guys buying this pair... I mean.. are you guys illiterate or what? can you read the previous posts? Especially the one where it shows that 83%!! of the time this pair is trending down...What you're doing on buying this pair is worse than going to the casino and bet on black in the roulette. In forex you go for the odds in your side. If you're going for the 17% then you're not doing that at all!
In the end of this I bet you guys will still read this...Ignored
DislikedThat's actually one I will consider too... but I cannot help as to stay impressed with all the guys buying this pair... I mean.. are you guys illiterate or what? can you read the previous posts? Especially the one where it shows that 83%!! of the time this pair is trending down...What you're doing on buying this pair is worse than going to the casino and bet on black in the roulette. In forex you go for the odds in your side. If you're going for the 17% then you're not doing that at all!
In the end of this I bet you guys will still read this and...Ignored
DislikedEUR/CHF totally downtrend, totally oversold. Making all-time lows and RSI near 20 level.
Trying to buy some of this pair again at close of daily candle at around 1.2550. A great entry point where weekly downtrend line and dotted trendline matches (see picture below).
SL very tight for about 50-80 pips because of risk aversion.
TP 1 could be for about 350 pips.
Regards,
suirad
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DislikedWhy!? Why!?? I cannot understand! Why don't people read this thread?
Labas suirad...
Have you noticed how unrealistic your trade idea is and that even your average would have to violently spike up to reach your target? Buying on downward momentum? damn you really are asking for a Christmas gift.
Take this on board:Ignored
DislikedSome people figure: it will maybe never touch the lower trendline at 1.21... thats why they are buying now... before its too late.
My opinion: I am staying on the sidelines. What I am looking for is not the touch of a trendline... but I want some really bad news for USD. Like January NFP extremely worse for america...
then EUR will have time to relax, because USD will be attack focus.
And THEN I will sell CHF.Ignored