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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 901
Forum Topic:

CHF

Discuss CHF
 
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forextrader
vologda, Russia
Posts: 127
13 years ago
Dec 23, 2010 16:38
I think it is intervention by the Swiss central bank, all the CHF is losing cross all pair
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Dec 23, 2010 16:29
eurchf bounced nicely off my target :-)
Gunjack
London, UK
Posts: 1184
13 years ago
Dec 23, 2010 10:11
EURCHF hitting all time lows...VIX at a seasonal low...CL pounding higher, all the ingredients for a bloodletting pullback...If only I had tmrws newspaper today!!!
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Dec 21, 2010 16:51
on the EURCHF I have a target level at 1.2476 = 127.2% ext ret of the last swing up from Sept low to Nov high. If that doesn't see a reversal the 161.8 level at 1.2106
Putko Mafani
Cape Town, South Africa
Posted Anonymously
13 years ago
Dec 21, 2010 2:08
From the <EUR> thread:

December 20, 2010 20:31 ET EURCHF giving buy signal on hourly chart.
December 20, 2010 20:40 ET First resistance at 1.2725. If taken target is 1.2860.
December 20, 2010 20:46 ET I smell a big reversal brewing in CHF. USDCHF could well be heading twds 1.0000 again, respectively EURCHF twds 1.3200 at least.

DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Dec 20, 2010 20:21
usdchf is pretty close to the DX but gold does not always follow inverse correlation, can especially get its knickers in a twist when fear enters the mkts.
Gunjack
London, UK
Posts: 1184
13 years ago
Dec 20, 2010 18:45
CHF a proxy for Gold?
DaveO
UK
Posted Anonymously
13 years ago
Dec 17, 2010 1:47
Ok Ashraf. I don't like the word "error". Your call reached your first target at 1.006 which I still have marked on my chart. Therefor a trade was successful. New parameters now understood. The drop below 0.9873 pivot low alerted me to bear mode as the 1.006 high was perfect symmetry for the 3 wave pattern which I now regard as a corrective thus suggestive of new lows to follow below 0.9462.
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Dec 16, 2010 23:45
OK guys, speaking of errors, it looks like that bullish USDCHF call i made in early Nov predicting 1.03 and 1.05 in early Jan may not take place. USDCHF went as far as 1.006 before dropping back 500 pips.

So, am I reversing my bullish call in USDCHF? yes, I think any rebound will be limited at 1.01 and downside could show us 0.94 and 0.93. But the GREATER upside in CHF is likely to take place against other currencies, which i will talk about in my Jan 23 FX workshop

Ashraf
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Dec 6, 2010 13:22
Wikileak announced disclosure of documents on kremlin backed crimes of russian oligarchs
could weaken CHF as estimated 500 $blns of evaded taxes in CHF.
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