GBP/CHF and USD/CHF

hello dear traders ,
i have a question and i like to hear your comments please.
i used to trade gbp/chf because of its intraday high volatility (it was about 200-300 pips daily). but after the CHF regulation , volatility reduced and i've quited to trade gbp/chf. i dont follow it daily. but nowadays , i suppose , i've been noticing that it has some intraday volatility ? i like to know please , has any similar high intraday volatility as it has before the regulation ?
thanks and regards.

The monthly chart for gbp/chf shows a morning star reversal pattern.

Intervention is always a threat on the chf pairs, so I would give preference to buying dips on a Risk On (Risk Appetite) market sentiment.


Scalping shorts on the lower time frames is possible, but the risk is too high for me.

I am targeting 1.4260, as the Sentiment has turned for now.

The weekly chart shows resistance provided by the brown 55 sma around 1.4487 area.

We see a retrace occurring to the yellow 5 sma area around 1.4100 or so.

The daily chart shows an inverted head and shoulder formation, followed by a bull flag formation.

Resistance is provided by the pink 300 sma just above the 1.4400 area.

Support is provided by the the blue 14 sma, the green 22 sma, and the red 200 sma.

The yellow 38 fib is additional support.

The 4 hour chart shows strong buying interest around the 1.4120/00 area.

My target is just below the green 22 sma for exit.

target hit

It's about to drop its guts i do believe.

short @ 1.4114 sl: 1.4164 tp: 1.4012

hello dear traders.
i have a question please. i dont trade gbp/chf and usd/chf so far , after the CHF regulation. but i guess , i am considering that , usd/chf and gbp/chf are not much volatile in Eorope session but more volatile in America session , moving maybe 100 pips or more. just my observation actually. is it true ? and if its true , is it a daily regular case ? thanks and regards.

ZURICH, Nov 4 (Reuters) - The Swiss National Bank's foreign exchange reserves dropped in October, data showed on Friday, the second month of its cap on the Swiss franc.
The SNB's forex holdings fell to 243 billion Swiss francs in October from a revised 282 billion francs in September, data prepared by the SNB for the International Monetary Fund showed.
After the franc nearly touched parity with the euro and threatened to tip the country into recession, the SNB on Sept. 6 announced it would cap the franc at 1.20 per euro, using unlimited currency interventions if needed.
(Reporting by Catherine Bosley)

Not much change in this pair since i last posted.
4 hour chart and hourly show a pull back at the week's end.

stand aside.

Look to sell higher.

waiting see this pair if bull to short cut the move up or more ranging break down .anyway cretical situation to decide for it ,5th extension/mofu top .
chech with sma 200 & 100 , they both fit for the levels perfect
fontu

So choice was mofu end & great fall /correction started . another great signal perhaps .do intervene snb , no just withdraw the previous sudden , similar to intervention too . bull climbed the tress high enough & fall great before touch the ground to up again .sky falling expected .care at 4465 & next confirm at breaks 4407 for 3962/75 , should not hold though .
chart update .
fontu

counter...buy

I am going short on the usd 1.9346 with a tp at 1.9301 sl 1.9377

Scenario

From 04:31 20-Jan-2012 GMT
Till 08:31 20-Jan-2012 GMTCancelled
Sell at 1.446
Take profit at 1.4412
Stop loss at 1.4492

gbp up morning
sell afternoon

Hi folks

been trading this GBPCHF for a month or two and have grown to like it alot

those 60 pip pull backs to the TL are sweet to catch

my sell limit with a 1.4515 SL got taken out by the spread today but will be looking to sell again around 1.4480 / 90 tomorrow

any thoughts?