Bought again @ 1.2368
Attached Image (click to enlarge)
- #1,546
- Nov 16, 2011 11:34am Nov 16, 2011 11:34am
Partial profit taken here !
Breakout, restest continuation
Edit : false breakout, no retest no continuation for now.
Its gone really flat now, into one straight line on M1, could this be the quell before the storm ?
- #1,549
- Edited 12:43pm Nov 16, 2011 12:25pm | Edited 12:43pm
Doc,
Whats the time difference between Switzerland and the uk, because for some reason at 7.00am uk time most mornings, the price on eur/chf tends to rise considerably, what do you think is the possible reason for this. tony
Ok, Tonynulty
In CH we have GMT +1 and in UK we have GMT.
Every day, at 7-8AM o'clock and at 4-5PM we have some short covering, because shorties are afraid of the SNB.
So that's why we often have a rise at these times.
Hope I answered your question ?!?
- #1,550
- Nov 16, 2011 2:12pm Nov 16, 2011 2:12pm
Ok, Tonynulty
In CH we have GMT +1 and in UK we have GMT.
Every day, at 7-8AM o'clock and at 4-5PM we have some short covering, because shorties are afraid of the SNB.
So that's why we often have a rise at these times.
Hope I answered your question ?!?
Interesting table tennis game going on at the M30 channel.
EMA200 has been defended with no force at all and at the top selling activity has increased over the last few days.
The interesting part is that the sellers are not trying to push in down with force to trigger big trailing stops or testing the bulls and the SNB.
EMA200 has been defended with no force at all and at the top selling activity has increased over the last few days.
The interesting part is that the sellers are not trying to push in down with force to trigger big trailing stops or testing the bulls and the SNB.
- #1,554
- Nov 16, 2011 11:43pm Nov 16, 2011 11:43pm
- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
If there was easy money lying around,no one would be forcing it into your
Still watching that 30 minute chart and clearly over the recent days we had aggressive sellers at the top but with no follow trough.
The bottom buys have been filled with fairly little force.
Lets see if the bears come back in a few hours.
The bottom buys have been filled with fairly little force.
Lets see if the bears come back in a few hours.