USD/CHF

50 pips nabbed, dont you just love TL

Waiting for completion of my view which is renewed swissy strength against the USD.

THus, Need to 8900 yellow line
to set things in motion ending up back in the old channel that we were riding down, until the EUR CHF peg was announced.

Short from the top.

C'mon 8900! B r E a K!!!

see chart for mild speculative lines in green as well.

IMO
The pair is HEAVILY BEARISH (except we get any bad/good news from EUR zone/USD respectively or CHF intervention babble from SNB)

1st TGT around 8880 (May be today itself)
2nd TGT around 8787

Looking at Bigger picture, if this continues the retrace (till SNB babbles again)
200 Daily MA is around 8750 (Very LOGICAL support level)
8500 is another BIG SUPPORT level (just in case)
Over all we are in a bearish wedge which is approx. complete

Regarding Charts, just watch the Daily is enough.
Rejection Wick with total bearish engulf, within a downward daily trend.
(At least as of now)

Personally,
Short from 9030's & adding heavily in this down move.
Just added good amount @ 8970 & still adding till targets are achieved or any major negating news comes in!

these are my views of the pair...one of the pictures is the daily chart with the yellow pitchfork...and the red picthfork is drawn on H4 charts...(they are all the same chart with different time frames)

if u look at the chart in the daily perspective and consider that the price will obey the green pitchfork...the price shud be expected to run down as fast as possible...maybe more than 1 thousand pips...but as a short term investor i just look at the H4 chart and the price again is stopped below the red picthforks median line...and it is a good opportunity for the SELL order...and my first target is 8800..the low medan line of the pitchfork!!! if that level is broken than another 200 pips shud be added to the take profit level...

they are totally my ideas....

SHE IS BREAKING THE LINE - "FIRST YELLOW" see old post if you like http://www.forexfactory.com/showthre...19#post5057019
UPDATED CHART BELOW> SHORTS PREFERABLE

Next line to break in yellow will be the "deal sealer" if you are reluctant wait for a test, rise then short of

8669

Before we re-enter the established channel DOWN

nice i took some too..

they are totally my ideas.... [/quote]

i don't know anything about andrews...the h4 cci is ready to break north. how would this affect your entry.

well ...my first target is 8800 level...and now i have 1/3 of my deposit as a profit...and i still dont close my orders...The median line in the andrews pitchfork acts as a un-pass-able level...the price can pass through it only by high volumed long bars...but the basic elements of the theory tells us that the price will reach the low median line which is around 8800 level...

And because this is "friday" and the day of big movements and because of the cracks in EU i will keep my orders open until 21-22pm to get the most possible profit...

Also ichimoku supports the scenario too...And Honestly i dont care CCI and similar oscillators...juts andrews picthfork and ichimoku cloud...


i hope everyone will get some profits from this damn pair

USD/CHF – Bias (W1): Uncertain; Bias (Overall): Uncertain

http://lcchong.files.wordpress.com/2...ng?w=837&h=381

Yeah, I was surprised to see swissy not falling on Friday along with U/CAD and U/J (Yen)

I ended up ditching my short after a few pips to go long NZD/USD which I am holding.

Certainly this is directly related to the EUR/CHF pegging.

The pair may still be able to break down, some key supports are next, one has gone, next is 8669 that I am looking at.

Looking for long signal

floor 0.8500 ?!?!

hi...for me i dont want predict where the floor..all i know..in daily at 82 looks good too try load long..

USD/CHF – Bias (Overall): Uncertain

http://lcchong.files.wordpress.com/2...ng?w=837&h=381

I agree that UC is a bad bet from its present location. Here's a case where you have a valid level @ 200SMA, good S/R point, made 100% of H&S technical target-but, is so close to another valid target being its 38.2 retrace level, that its hard to trade as a reversal.

I think that its possible to see some large range established between the 23% and 38.2% levels, and perhaps good setups can be found as that situation evolves. But for the time being, better to stay away until there is more info.

Two Sell limits lay in 0.8897 at previous support (neckline)

http://1.bp.blogspot.com/-59jA-2dorz...und+0.8900.png

u gotta love CHF (SNB) & JPY (YEN boys), why waste hours, days lookin at charts, studying this and that when these boys do it for you lol!

SNB next? set ur trigger levels and watch em go!

USD/CHF – Bias (Overall): Bullish + Retracement

http://lcchong.files.wordpress.com/2...ng?w=837&h=379

Does this make sense to anybody else?
http://i44.tinypic.com/21ew1p4.jpg
http://i43.tinypic.com/2yl7f5e.jpg

testing 0.9000 round number, is a break or a turn here