- #3,505
- Mar 12, 2012 11:03am Mar 12, 2012 11:03am
- | Joined Feb 2012 | Status: "May the odds be ever against you" | 457 Posts
50 years down the road maybe i'll hand down my long position opened at 1.2050 tp 1.2500 to my kids as inheritance...
- #3,506
- Mar 12, 2012 11:13am Mar 12, 2012 11:13am
- | Commercial User | Joined Sep 2005 | 2,784 Posts
Comeon comeon, have faith, the eurchf is awakening, today it's range of 4-5 pips!! much better than the days before.. hopefully tomorrow we may see a 7-8 pips move 
- #3,512
- Mar 13, 2012 1:27am Mar 13, 2012 1:27am
- | Commercial User | Joined Sep 2005 | 2,784 Posts
What about this,
on the right we have usdjpy 30m, price was hitting an all-time low after the tsunami, at that point the boj intervene bringing it back to 79 area (i was damn short
).
however.. on the left side we have eurchf weekly, after hitting an alltime low almost in parity, the snb intervene bringing it back to 1.20.
Don't give up!
Note: standing on those chart comparision, and considering that the eurchf is a weekly chart, IF we will see a bullish scenario, it may take 1-2 years to develope, so.. so.....
on the right we have usdjpy 30m, price was hitting an all-time low after the tsunami, at that point the boj intervene bringing it back to 79 area (i was damn short
).however.. on the left side we have eurchf weekly, after hitting an alltime low almost in parity, the snb intervene bringing it back to 1.20.
Don't give up!
Note: standing on those chart comparision, and considering that the eurchf is a weekly chart, IF we will see a bullish scenario, it may take 1-2 years to develope, so.. so.....
- #3,515
- Mar 13, 2012 4:30am Mar 13, 2012 4:30am
Well one thing has happened in the last couple of days, and that is that almost all of the MVA's (7/20/50/100) in the 4 hour chart are trapped within the Bollinger Bands:
In my limited experience this will lead to a breakout. When that happens nobody knows but it should be heralded by increasing volitility.
Maybe we have to wait until the MVA's in the daily are flatlined, but I'm not going anywhere.
In my limited experience this will lead to a breakout. When that happens nobody knows but it should be heralded by increasing volitility.
Maybe we have to wait until the MVA's in the daily are flatlined, but I'm not going anywhere.
- #3,516
- Mar 13, 2012 4:52am Mar 13, 2012 4:52am
Well one thing has happened in the last couple of days, and that is that almost all of the MVA's (7/20/50/100) in the 4 hour chart are trapped within the Bollinger Bands:
Attachment
In my limited experience this will lead to a breakout. When that happens nobody knows but it should be heralded by increasing volitility.
Maybe we have to wait until the MVA's in the daily are flatlined, but I'm not going anywhere.
in the mean time...or in the long time.