Sunday, June 27, 2010

Euro Chf


Hi Everyone

I have looked around the charts for hours and nothing is "talking" to me, save the Euro Chf.

I know that we ran for cover out of there on Friday morning. The market has retested the falling wedge and I shall be looking at it in detail for a trade on Monday morning. The chart is shown above.

Untill the morning
Good night
David

Thursday, June 24, 2010

Euro Chf


Hi All

I post the chart of the Euro $. It looks bearish to me and I think this will effect my euro chf. Its a classic bear flag.
The Euro chf is trading at 1.3578. I am closing the position now.
Lets protect capital at all costs
David

Euro Chf

Hi Everyone
The Euro Chf trade is still running. It is exactly where we got in at yesterday. I am holding it for the moment. I will post again at 800 GMT if I feel the trade should be removed .

Have a great day
David

Euro chf

Hi Everyone
I entered the Euro Chf at 1.3572. Its trading at 1.3598 at present. It is fine. I will look at it at about 0500 GMT and post.
Have a great evening
David

Euro Chf

Hi Again
The target on the Euro Chf is 1.3775.
David

Euro Chf


Hi Everyone
The Euro Chf has confirmed a BUY signal . Its trading at 1.3572 and I have bought it at this level. The stop loss is 100 points at 1.3472.
Lets see how we do.
Good luck. I will update this at 1600 GMT.
David

Euro Chf


Hi Everyone

The euro swiss looks very oversold. Its falling in a wedge and showing bullish normal divergence on the h4. The hourly is about to confirm a buy signal at 1300 GMT.

I will shout if this confirms a buy signal.
Good trading
David