FX:USDCHF   U.S. Dollar / Swiss Franc
126 6 1
risking a small amount for a 3:1 risk reward
one more week of USD weakness. see my USD/CHF chart. lets get long at 0.94xx.
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Hmm, I see the range trade, but I'm cautious at the moment with the overbearing weakening USD effect: http://finviz.com/futures_charts.ashx?t=DX&p=d1 I'm definitely monitoring this pair otherwise. Good luck
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wakaoeh metalhe4der
Hi aizazkhaja, you were spot on. I got stopped out for a small amount. it wasnt really a high probability trade with the weakness in dollar. Anyways, the dollar pairs has been really choppy this week. look forward to next week and hopefully things will get clearer. Cheers.
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Yeah, dollar pairs are definitely choppy lately. We've all been getting stopped out more here and there! Cheers.
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wakaoeh metalhe4der
speaking of that, just got stopped out my gbpusd long last night... :(
some dollar pairs are retracing back to their respective fibs level, wonder if dollar can regain its strength next week...
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I think it's possible. At best, it might range for a while. Fundamentally, there's been somewhat positive news lately, aside the recent downer. Technically, the USD was at resistance area, we're looking towards a support area around 83.00. If it doesn't stop there, we can watch it hit 82 levels again. We'll see!
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