USD/CHF

i am going long Enough Down trend
it may test 0.81.xx today possible
looking for 70-80 pips
it is way too much oversold
it maybe time to retrace..
and CHf news also coming today

And there are today's bears marching to 0.80

For me, it must hold another day, so if today the baricade is not breached, there will be another try (3rd), and then if 3 hold we may see 0.81

And if not, we are entering in new era of usdchf, nevertheless I'm a stubborn bull, it will be exciting to enter the 0.70ties

Swissy bomb is about to drop...

I've seen you countering the trend in almost every USD pair today. Why is that?
I hope you're not blowing your account today.

The stops below 7980 will be to enticing for dealers. Watch yourself.

enticing and a great entry point. scares the heck out of me.

possible divergence at double bottom. market is moving quickly on something.

Yes two reasons. this trigger sale off some Euro pairs. i found this information from forexlive.

1. German Fin Min Schaeuble: Says would be wrong to think Eurozone crisis could be permanently solved by one-off summit

2.Notably a big swiss name selling EUR/CHF, and ongoing EUR/AUD sales from Asia earlier.
EUR/CHF sharply down from around 1.1630 to lows of 1.1581 with EUR/AUD off another 10 pips from Asian lows around 1.3120 to 1.3110
EUR/USD dropped to 1.4480 just now

There we go! I'm watching the battle at 0.80 for 10 min now
Who told Forex is not exciting?

... 3 h later,
still trying, really loosing interest

Well it seems the second try failed, let's see the last third attack, may be tomorrow if not later today

Taking a shot at a small short here at 8002, There has to be a blowoff to the 7950 level shortly as stops are to large down here. Tight 10 pip stop.

I don't think we will get a deal tomorrow, there might be something during the weekend!!!
if they get a deal usdchf will fly up. if not there will be big gap down!
and from there we will see how things will go in the last 2 days...
trade with caution, till after they reach a deal on debt limit!

Anyone think we see .79 by the end of the week?

ah a new day!
I do not know abaot levels, or debts, I expect today a bunch of bears storming 0.80 for the third time. So let me place the traps, and see what happens

In fact I do not neglect technical or fundamentals, they are powerfull tools indeed. But what if i have a device(like in Eureka) that may convince a man to do what others do, and convince all traders, banks, counties and corporations, to buy USD today? I have always wander, whether the market is really driven bu the players, or at least if the players are enough to move the price?

I've given up trying to understand what the hell the market is doing. It depends on who sneezes and when they sneeze.

I was almos sure that the bulls will loose 0.80 today! Yet the US is waking up after a while, according to what I have seen today, and the holding of 0.80, we need to move up now. But hey, I thought we were moveng up from 0.84, so may be wrong again

stop is tight now. dont want to give back to much. hopes this one finally falls through.

Don't hold your breath. It is very likely that we will head north in the next 18 hours.

Agreed. Holding long in anticipation of breaking north of the peak set this morning.

if usd/cad is finished with it's retrace to the RN then we have a long on that one as well to the 9600, however, my short term outlook i'm waiting on a break below support and the triggering of shorts to add additional pips.

right now the pair is not sure what it wants to do.