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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 903
Forum Topic:

CHF

Discuss CHF
 
sydneyjames
Sydney, Australia
Posts: 348
13 years ago
Aug 11, 2011 14:07
target hit.
sydneyjames
Sydney, Australia
Posts: 348
13 years ago
Aug 11, 2011 13:28
train is leaving the station.........
sydneyjames
Sydney, Australia
Posts: 348
13 years ago
Aug 11, 2011 13:26
chloe, whats the seminar u are talking about there? can u send link me? Cheers mate. gl/gt
sydneyjames
Sydney, Australia
Posts: 348
13 years ago
Aug 11, 2011 13:24
USDCHF - surging, now (for a change) is responding to risk aversion and CHF is shunned, targeting .7500 intraday, also take profit there
chloethebull
halifax, Canada
Posts: 1183
13 years ago
Aug 11, 2011 13:11
hey dave yes im watchn caddy closely ..ya i saw it breach paridy but im only holdn cash position but trying to figure out if i should convert all usd into caddy..then play the dips but im skeptical on a major break atm..for all this volitility in markets &sell off not very impressed with usdx:(i think it runs the risk of making new lows if risk returns with a vengence lol but sitting in mostly all cash small long position in $chf starting to pay nicely now:(..not sure why i didnt heed ur warning about waiting for a clear reversal signal on $chf just thought the r/r was there vs falling knife senario lol..but im learning from my mistakes lol..ok gl/gt:)..im attending marks brauns webinar today for mirus futures(fyi its free guys and its great stuff for all levels of traders)
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Aug 11, 2011 12:54
parity was tested, if it could clear that convincingly would represent a sensible margin.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Aug 11, 2011 12:53
your cad is having difficulty breaking above that HVN. Remember that the 9930 HVN is the very tip of a broader range of horizontal volume so it would need to clear with a margin to become bullish usdcad on the higher timeframe.
chloethebull
halifax, Canada
Posts: 1183
13 years ago
Aug 11, 2011 12:11
yes sorry meant to say extention not retra:( lol thanks dave:) im trying for 7422 for a pull back reenter 7370 gl bro:)
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Aug 11, 2011 11:43
"also at 7400=2.616 retr from the small hi-lo exactly..ok guys gl/gt:) "

Chloe your projection is not a retracement, its an extension. Can use term ext ret.

DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Aug 11, 2011 11:40
usdchf, the long setup on 1hr chart yesterday called for sl at 7195, nice RR ratio. No need to bottom pick dropping to lower timeframes for entry. Also tight stop can be employed once some pattern is established.