CHF/USD

Im closing all my remaining positions at 9177 and taking a short on a first attempt of the trend line


dl.dropboxusercontent.com/u/4899609/chfusd1stnov.png

one to keep an eye out for a possible 123 low formation.
Long above 9126 and stops below 2 point if this activates.
This respected the trend line after it broke out.(discussed this on chat)


dl.dropboxusercontent.com/u/4899609/chfusd16thjan2014.png

Just broke out...

Hi Remo,

I'd say it is wrestling out rather than breaking out

Patience needed with this one; I took the risk at 0.0909 - and I hope I'm not going regret it

One thing for sure, I'm not going to ride this one for too long, even if the consensus suggests that it might have a long way up (some forecasts tipping it for 0.95!)

Libero there is a divergence on daily



hope you have either a free trade or SL protected position

I will wait for a test of 0.8986

GL mate!