FX:USDCHF   U.S. Dollar / Swiss Franc
No explanation required. $DXY $TLT $S6_F $USDJPY $EURUSD
Comment: Minimum target is the 38.2% retracement which happens to be very close to the 2017 close of 0.9744.
Comment: Previous UCHF Short to Year Pivot
Comment: 200 D and 200 W SMA in the same area as the 38.2% retracement.
Comment: Hanging around that ascending cyan channel midline toward the end of the day today... We may crawl up it then dive more but I am holding onto this trade until 9750.
My stop is placed at the recent high on Friday.
Comment: Added a little more short
Comment: Channel finally broken today. CHF is very strong against USD this week right away. 2017 close target remains.
Comment: Still holding onto this baby. I have about 8 lots at this point short with an average price near 1.0000. Targets remain.

If EURUSD chooses to go higher, this is the prime target for shorts.
Comment: I will close half at 0.9835 at the year pivot (thick cyan line in main chart window).
Trade closed: target reached: Dumped half position.
Comment: The 2017 close is the target @ 0.9750.
Comment: First profit point was about 170 pips. Nice day. Took forever though.
Comment: Moved stop down to today's high @ 0.9810. We are at a cluster of support here near the 2017 close of 0.9745.
Trade closed: target reached: All out on second half + 250 pips about. Finally done babysitting this thing.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out