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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
14 years ago
Jan 31, 2011 13:07
anyone long swissy atm?
Gunjack
London, UK
Posts: 1184
14 years ago
Jan 14, 2011 9:24
CHF is in a v tricky situation....eurchf is still a short in longer TF...but is susceptible to large corrections upwards
Putko Mafani
Cape Town, South Africa
Posted Anonymously
14 years ago
Jan 14, 2011 8:51
catnip, there is no reason for people to follow your analyses as you have been all wrong lately and not only lately.
bojan
Arizona, United States
Posts: 111
14 years ago
Jan 13, 2011 16:38
took 1st profit target on 50 sma on daily chart,(+300)
weekly and monthly chart are set up for reversal, so will follow for developments and hold for more gains.
Looks like people are selling everything to buy Euro..........or cutting shorts.........


b.
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Jan 10, 2011 17:46
SNB has all euros...cannot intervene vs euro but vs USD JPY. So the trades are EURCHF short
USDCHF long CHFJPY short .
bojan
Arizona , United States
Posted Anonymously
14 years ago
Jan 10, 2011 17:37
Ashraf,

I understand that EUR/CHF is not your hottest topic lately, but it would be nice to hear your view about this pair medium to long term.
My position is LONG for the medium term. Monthly chart shows divergence, Weekly chart shows bottoming + candle pattern ( 6 weeks lower lows then inverted hammer), Daily shows signs of solid bottoming.
Besides technical, isn't this level waaaaaay to low for SNB. would anybody be surprised if they "jump in" again ?
Last thing, how can Swiss business survive in such environment. Everybody has to have a "bottom line" somewhere. There is a big drop in currency from the last year, when SNB was defending 1.45-1.50 level

Thank You

b.
Callum
Singapore, Singapore
Posts: 179
14 years ago
Jan 10, 2011 17:16
forextrader: Are you able to share your analysis in terms of how it's bullish? Technical / Momentum based indicators looking like a bearish set-up, weekly and daily.
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Jan 10, 2011 14:59
SNB meets on CHF how to bring swissie down ... short EURCHF @12550 sl 50 pip
forextrader
vologda, Russia
Posts: 127
14 years ago
Jan 5, 2011 17:35
Gunjack I didn't go out marching last month I was busy doing my coursework's and also Trading. And I paid all my tuitions long time ago I am currently saving for house deposit.

Qingyu I don't have any aud position at the moment but I am considering longing the AUD/yen

AUD/yen rebounded strongly from it is daily trend line earlier today and it does look to me that it is heading higher, also if this pair break 83.7 it can go all the way to 88.20 pluse the interest paied by your broker for holding the pair is very high... for example 3 lot long AUD/Yen will earn you around 700 pound a month in interest alone.
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Jan 5, 2011 17:10
Yes, I am short the ASX :-)

catnip been right so far about US stocks holding up. Not just a pretty face that guy, sometimes :-)