overall.. im going in with a lil bit of chips becuz the swiss days are over & this technical come up. also despite BOJ saying inflation expectation is lower.. it kept rates unchanged & will be looking towards Kuroda's statement this thursday
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Also tech gear is taking over fancy Swiss watches.
The description in the chart shows whats going on. just click the chart 2 see the description <deleted>
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The big picture
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Took my 320 pips from the last update Short chart I posted. I am a tiny amount still riding on this but took my sweet 320 Pips =)
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I have a tiny amount still in this trade. I took the strong profit becuz Draghi speech, Yellen speech can affect the chf is the chain link starts with euro. I'll look 2 put add more once the speeches are done
Yea. It's lying on an important support. CHF Snb chairman speaks 2morrow. I mention up above important stuff of it. Hopefully CHF goes down even further. After all it is ovetvalued.
hirwansaini
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Sweet Sweet short$$$.
dashan23
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How long would you usually hold a trade to catch 320 pips?
D-Styles
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I hold trades for 1-4 days.. for catching a trade in the 300 pip zone.. it depends.. it can take anywhere from 3-10 days
AEDarwish
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same position
D-Styles
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u 2 should make some money on this. the only thing 2 be careful is if FOMC disappoints the Usd bulls.. then mayb strong euro can drive up this pair 2 around my SL... but I expect a hawkish tone from the FOMC
AEDarwish
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SHALL WE ENTER NOW?
D-Styles
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go 4 it.. but its a long term thing.. if FOMC somehow doesn't speak in a hawkish tone.. it'd bring up the Euro which helps the CHF soo if that was the case.. wait till after FOMC.. again.. I expect a hawkish tone