I can tell nothing about USDCHF. Hard to say: either way is good for me. :-)
motleifaul
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Perhaps, yes. I'm getting out and will wait for the retracement to make a new decision.
ForceFollower
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A good decision! Why? Because the best decision here is... no decision. This market is without any clear bias to any side. So is EUR/USD. My advice: stay away from those for a while. You'll be better off for example shorting the CAD. :-)
motleifaul
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Yes, that's true. I have no position in EUR/USD for while. I would prefer a short approach there, but it's not clear enough and will develope slowly at least. I will have a look at the CAD.
But perhaps it is your fault that USD/CHF didn't make move because you didn't sell. :-)
ForceFollower
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LOL Yeah! :-D The last time I sold it, I swayed it downward so heavily that it plunged 500 pips within an hour! Fortunately I didn't buy it either. Anyway, next time you want to sell it, let me know, so I'll put on some shorts, so you could make money like Jesse Livermore. :-)
vaicru
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why short ?
motleifaul
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I think that the downtrend has been confirmed by the past 3 days, so that I expect that after today's correction it will continue.