USD/CHF

Hi Traders....... Happy Monday !!!

Price appears to have completed wave 2/B? and may now be working on wave 3/C? and the larger degree wave 2/B?. My bias is for the eventual decline to our bear target zones, and a test of the daily 200sma.

I will be watching for price to rally to the 9560 area before continuing its decline. Momentum indicators are a bit mixed, signaling the potential for a sideways move to begin the week.

EXIT STRATEGY: If price trades back above the “M4” horizontal (9650-ish) then I will look for clues that an expanded flat may develop above 9770.

#239

channel on daily chart broken on the upside

Going short at 0.9776 on USD/CHF HA change on 1H and 3H TP @ .9718

Moving SL to to 0.9773 and waiting for this to play out.

Looking for a retest

Swissy trending up, looking to buy around 0.99 for an "attempt" at parity or atleast 9980 area stop will be 9850 area.

Hi,
Just i'd like to share with you therefore,
Moving Averages show Up-Trend but not very strong (meanwhile Flat)
Stochastic is in Over Bought area in H4, so i think we should see the pair goes toward 0.9867 then it must be decided to go up 0.9972>0.9985>0.9999
and right now it is moving up toward 0.9943>0.9950 but i don't think it goes beyond that level.
what's Your idea?

I use a particular setup with an HMA and a "MA cloud" if you will. gives me an entry into the momentum.

this setup, is more of a trend following breakout. I am still not in the trade as would like to get a better entry (closer to 0.99/ decent bounce of the MA's)

USDCHF might reach the psycho level 1.0000 then directly after market switch momentum during the remain months of the year ...
why ??? cos usdchf follow eurousd and euro is now deeping toward 1,2000 or even 1,18 for after to rage up to 1,3000 even more... so be prudent in your long trade from top ... use tight sl.

Hope some people made some pips on this one. ^_^

It pulled back right to the Base of my MA cloud, and then shot up like a slingshot!

closed 1 lot

Hi Guys...

Is there anyone trading USD/CHF this week...
My bias is Down....

I will try to show my positions as week progresses...

Thank you...

.9800 is a bitch to break through,

may be too early

Regarding Monthly Chart for USDCHF, we should expect Up-Trend but now, referring to strong momentum for CHF, AUD, NZD it's logical to see the pair on 0.95 and after some swings 0.9462 though Down-Trend in short terms
Of course this week, i believe the best pairs for trading are AUDUSD, GBPJPY, USDCAD ( Mon. to Wed.) .
Important News for AUD ( like US NFP News)and next News for GBP and then CAD so i think they are in the 1st line for trading Vs. weakest currency.

Kami

#257

Long from 0.9630
TP: 0.9661
SL: 0.9600

I feel it needs a small retrace after this drop.

dang missed my price target by 2 pips and was stopped out! But I was close.