USD/CHF | Page 111 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

USD/CHF

Similar Threads

GBP/CHF and USD/CHF 955 replies

Correlation EUR/USD, USD/CHF, EUR/CHF (Humour me please... Thx) 8 replies

Can only view EUR/USD, GBP/USD, USD/JPY, USD/CHF through broker? 1 reply

EUR/CHF, USD/CHF turning up? 1 reply

Using usd/chf - eur/usd correlation to see moves in EUR/USD 46 replies

Attachments: USD/CHF
Exit Attachments

USD/CHF

  • #2,201
  • Jul 11, 2011 9:58pm Jul 11, 2011 9:58pm
Forget the tech. or any fancy colorful chart it seems to be all meaningless in the very near term.

The writing has been on the wall for th EUR for some time now. When I started hearing that 1.60 was a given, 1.70 within a month and 2.00 by years end it was time to think Short on this overpriced trouble lading currency.

Prediction: USD will not get the debt ceiling deal worked out.

Where does one go?

I'm going Short on the USD/CHF.
  • #2,202
  • Jul 12, 2011 12:10am Jul 12, 2011 12:10am
http://lcchong.files.wordpress.com/2...ng?w=877&h=398
  • #2,203
  • Jul 12, 2011 1:07am Jul 12, 2011 1:07am
Quoting Astroman
Forget the tech. or any fancy colorful chart it seems to be all meaningless in the very near term.

The writing has been on the wall for th EUR for some time now. When I started hearing that 1.60 was a given, 1.70 within a month and 2.00 by years end it was time to think Short on this overpriced trouble lading currency.

Prediction: USD will not get the debt ceiling deal worked out.

Where does one go?

I'm going Short on the USD/CHF.
I don't think this is possible!
if they don't get the debt ceiling deal, this mean that US will default and the entire economic system will collapse, and this does not mean the US only! it mean and concern all, the entire world economy. the deal will be done, but the numbers is what the discussion about.
  • #2,204
  • Jul 12, 2011 1:16am Jul 12, 2011 1:16am
Quoting Abouelzelouf
I don't think this is possible!
if they don't get the debt ceiling deal, this mean that US will default and the entire economic system will collapse, and this does not mean the US only! it mean and concern all, the entire world economy. the deal will be done, but the numbers is what the discussion about.
No, the U.S. will pay the other countries that they owe. But to do so will put Millions of U.S. citizens at risk; risk of hunger, poverty, S.S and it will also mean no more Federal money to the 50 states.

This will force the states to make even more cuts to those who are on the edge. But hey, lots of empty houses out there.....

By neccesity states will be forced to raise property taxes which will result in an increase of foreclosures fueling the downward spiral of R.E. value which is Number # 2, a must, if this economy is going to recover.
  • #2,205
  • Jul 12, 2011 1:57am Jul 12, 2011 1:57am
From a fundamental perpective and the perspective of a longer term trader the UCHF reaally should see parity in 3-6 months.

Tough part is calling the bottom and knowing when to enter... trade safe everyone
  • #2,206
  • Jul 12, 2011 2:08am Jul 12, 2011 2:08am
Quoting Wulfgar
From a fundamental perpective and the perspective of a longer term trader the UCHF reaally should see parity in 3-6 months.

Tough part is calling the bottom and knowing when to enter... trade safe everyone
No offense, but if I had $1 for every time someone has talked about Parity is soon on the horizon...it would have added up by now. That 3-6 month time frame????? I think it is going to take longer than that, a lot longer.

Calling the bottom on this Pair?

Stay away my friend. This thing has a long way to go to the upside before this never ending downtrend ceases.

If you catch the bottom and make out like bandit, then I am happy for you..

Be careful.
  • #2,207
  • Jul 12, 2011 2:58am Jul 12, 2011 2:58am
Quoting Astroman
No offense, but if I had $1 for every time someone has talked about Parity is soon on the horizon...it would have added up by now. That 3-6 month time frame????? I think it is going to take longer than that, a lot longer.

Calling the bottom on this Pair?

Stay away my friend. This thing has a long way to go to the upside before this never ending downtrend ceases.

If you catch the bottom and make out like bandit, then I am happy for you..

Be careful.

Oh trust me.. I am not so foolish as to try and call the bottom here... only bottom I can guarantee is 0

Im still selling rallies... frankly it is easy money...
  • #2,208
  • Jul 12, 2011 5:59am Jul 12, 2011 5:59am
the bottom will be when US shows real signs of recovery in terms of employment, GDP growth and interest rates, and the debt stops being inflated. But if debt ceiling is raised, which more likely will be, will probably mean more USD weakness.

Till then, when fake signs of recovery appear (like we had in the last few weeks for example), there will be mini rallies, and when fakeness is uncovered = down again.

edit: remains to be seen if SNB will intervene at some point, and the global risk appetite improves, these factors can push it up. The fact remains the market is short this pair, and will be looking at any little reason to buy some, so i expect the down move to decelerate.
  • #2,209
  • Jul 12, 2011 10:04pm Jul 12, 2011 10:04pm
Short at 0.83164, S/L at 0.84897

http://lcchong.files.wordpress.com/2...ng?w=877&h=397
  • #2,210
  • Jul 13, 2011 5:18am Jul 13, 2011 5:18am
short on h1
http://www.kikkichimoku.com/home/201...ort-su-h1.html
http://gyazo.com/163adbfd71892d97f67571a6f42f6d22.png
{Promotion Removed}
  • #2,211
  • Jul 13, 2011 8:43am Jul 13, 2011 8:43am
closed
{Promotion Removed}
  • #2,212
  • Jul 13, 2011 10:21am Jul 13, 2011 10:21am
Wonderful pair. With a bit of practice and if you start selling at the right time this pair actually makes money !
  • #2,213
  • Jul 13, 2011 3:51pm Jul 13, 2011 3:51pm
Quoting Wulfgar

Im still selling rallies... frankly it is easy money...
Me as well.

it will eventually bottom out...but when and at what price?

I think we have a ways to go yet so might as well enjoy this ride.
  • #2,214
  • Jul 13, 2011 7:14pm Jul 13, 2011 7:14pm
Agreeed - My earlier posts in this thread were from demo trading this pair.

THen I started live and it is now a strong part of my arsenal....

I pay little attention to U/J and b/c of my Gold trading I subbed it out with AUD/ USD and NZD/USD from the majors. Much rather trade Swissy any day though.

One tip. It has a tendency to snap back up very quickly after a nice move down, before eventually succombing to the bloodbath. Try H4 and Daily and the numbers start stacking quickly. Scalping it is like suicide.

Quoting Floencz
Wonderful pair. With a bit of practice and if you start selling at the right time this pair actually makes money !
Attached Image (click to enlarge)
Click to Enlarge Name: swissy so close.GIF Size: 47 KB
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #2,215
  • Jul 13, 2011 8:42pm Jul 13, 2011 8:42pm
Moved S/L to 0.83583
Quoting clc4x
Short at 0.83164, S/L at 0.84897

http://lcchong.files.wordpress.com/2...ng?w=877&h=397
  • #2,216
  • Jul 14, 2011 1:09am Jul 14, 2011 1:09am
Long..8131 sl 8100
Trader from Croatia
  • #2,217
  • Jul 14, 2011 1:58am Jul 14, 2011 1:58am
Good move there but wats ur TP


Quoting Geene
Long..8131 sl 8100
  • #2,218
  • Jul 14, 2011 2:07am Jul 14, 2011 2:07am
TP is open category...in this case.

SL..8109..
Trader from Croatia
  • #2,219
  • Jul 14, 2011 3:43am Jul 14, 2011 3:43am
TP 8151...business problems.
Trader from Croatia
  • #2,220
  • Jul 14, 2011 7:29am Jul 14, 2011 7:29am
Exited last short for +371 pips. further levels to watch for shorting: retesting to broken trend line, 0.8300. Cheers

http://4.bp.blogspot.com/-VuHgAcxN5g...r+analysis.png
3 traders viewing now