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EUR/CHF

  • #11,441
  • Jan 6, 2014 12:46am Jan 6, 2014 12:46am
clearly the upper TL was being pressure and so far the bulls are still in force. IMO it will likely break up and any long position SL shld be below 1.2280 re turn sup.

i have sent early longs scouts now let the market decides.
Attached Image (click to enlarge)
Click to Enlarge Name: ec.jpg Size: 164 KB
trade safe
  • #11,442
  • Edited 6:24am Jan 6, 2014 5:07am | Edited 6:24am
What cant go up will probably go down.

It cant break the downtrend line with any sort of momentum.
  • #11,443
  • Jan 6, 2014 7:16am Jan 6, 2014 7:16am
Quoting brinks
What cant go up will probably go down. It cant break the downtrend line with any sort of momentum.
like i said, let the market decides. and looks let it gonna decide soon. is a daily TF so patience is the key . trade safe
trade safe
  • #11,444
  • Jan 6, 2014 7:21am Jan 6, 2014 7:21am
Quoting zz_zhang
{quote} like i said, let the market decides. and looks let it gonna decide soon. is a daily TF so patience is the key . trade safe
Hi ZZ thanks yep looks like its breaking up now

I'm long so am happy

you trade safe to
  • #11,445
  • Jan 6, 2014 7:29am Jan 6, 2014 7:29am
Quoting brinks
{quote} Hi ZZ thanks yep looks like its breaking up now I'm long so am happy you trade safe to
looks like you picked the right side
trade safe
  • #11,446
  • Jan 6, 2014 7:33am Jan 6, 2014 7:33am
Quoting zz_zhang
{quote} looks like you picked the right side
Yes from a long time ago just deciding if i should add on a good break of 1.23288 area
  • #11,447
  • Jan 7, 2014 3:32am Jan 7, 2014 3:32am
profit locked, risk free trade...
trade safe
  • #11,448
  • Jan 7, 2014 4:12am Jan 7, 2014 4:12am
So... here we are... 1.2370 resistance... what's next?
  • #11,449
  • Jan 7, 2014 4:33am Jan 7, 2014 4:33am
Looks strong, but I am shorting quite heavily
  • #11,450
  • Jan 7, 2014 4:36am Jan 7, 2014 4:36am
Quoting Swissie
So... here we are... 1.2370 resistance... what's next?
i am looking aleast a round 1.24
trade safe
  • #11,451
  • Jan 7, 2014 4:36am Jan 7, 2014 4:36am
Quoting paul-fx
Looks strong, but I am shorting quite heavily

trade safe and goodluck
trade safe
  • #11,452
  • Jan 7, 2014 9:57am Jan 7, 2014 9:57am
Quoting Swissie
So... here we are... 1.2370 resistance... what's next?
Closed some longs from 1.22-1.222 area unfortunately it did not hit my pending ones around 1.214

As per PA we'll go higher 1243 - 1265...? For sure we broke the descending TL on weekly and daily
  • #11,453
  • Jan 7, 2014 6:36pm Jan 7, 2014 6:36pm
EurChf levels to watch:

http://www.forex.com/post?SDN=112611...7-2ee29261d638
  • #11,454
  • Jan 8, 2014 6:49am Jan 8, 2014 6:49am
Another view:
http://www.forexlive.com/blog/2014/0...-latest-rally/
  • #11,455
  • Jan 9, 2014 2:45am Jan 9, 2014 2:45am
Hi everyone!
I believe that the upward momentum now ended and time to think about entering into a short position, but we have to wait a few more signals.
Attached Image
  • #11,456
  • Jan 9, 2014 5:17am Jan 9, 2014 5:17am
Quoting Buran
Hi everyone! I believe that the upward momentum now ended and time to think about entering into a short position, but we have to wait a few more signals. {image}
a CT trade IMO it shld be a retracement steal only

trade safe
trade safe
  • #11,457
  • Jan 9, 2014 5:23am Jan 9, 2014 5:23am
Quoting Buran
Hi everyone! I believe that the upward momentum now ended and time to think about entering into a short position, but we have to wait a few more signals. {image}
A lot of people think this. At the Oanda the long/short ratio is 59/41% !!! I think this is a new record. The short positions was always between 15-25%

If this shorts gets covering above 1,2400-1,2460 we could go easily and fast up, like in last Januar at the 2. week
  • #11,458
  • Jan 10, 2014 6:09pm Jan 10, 2014 6:09pm
Quoting paul-fx
Looks strong, but I am shorting quite heavily
Have closed all my short positions at BE. Do not short on bottom, it's safer to wait and go long.
  • #11,459
  • Jan 12, 2014 10:41pm Jan 12, 2014 10:41pm
Quoting Simon73
{quote} A lot of people think this. At the Oanda the long/short ratio is 59/41% !!! I think this is a new record. The short positions was always between 15-25% If this shorts gets covering above 1,2400-1,2460 we could go easily and fast up, like in last Januar at the 2. week

If this pair were to drop further to test round 1.2300 it will neutralise my bullish outlook. possible re-entry long when it starts to turn.

trade safe ")
trade safe
  • #11,460
  • Jan 14, 2014 2:07am Jan 14, 2014 2:07am
EC today's range 1.2290-1.2315/20(if want to over react, can be to 1.2325-30, no more).
Play these levels to short top and long down, long there and sell on top. Trade like that. Do not imagine it will go more up or more down. Enjoy
Trade according to current market condition, not what you think would be.
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