yes it is, finally the intervention comes!! As I reminded earlier, buying above 1.3998 has a very good risk-reward ratio.

EUR/CHF

1.3998 A long position entered above the line means a lottery ticket. Lottery price is intervention.

EUR/CHF

(continued) View # 2 Pound had roller Coaster experience last week. It first reached 1.4975, then due to good election expectation and better unemployment data, it bounced up and triggered bears’ stops above 1.5206, and pushed till it hit the MA100 ...

Chaosforex Weekly Report Journal

(continued) EURJPY was limited by fib resistance 125.27 and MA50 on daily chart. It then pulled back down and formed an engulfing bearish candle. It dropped and broke 123.32 neck on 8-hour chart, formed a double-top. MA’s are crossing downward, Due ...

Chaosforex Weekly Report Journal

Weekly Key Report 2009/3/22 — Weekly Key Report 2009/3/22 by Chaosforex Trading Team Intro FX market has experienced the up and down last week. Good news came in the beginning. Sixteen members of euro zone agreed to support Greece, S&P held ...

Chaosforex Weekly Report Journal

(continued) View # 3 1. AUDUSD gained 0.73% last week, formed the second upward stick on weekly chart, but was suppressed by the 0.9193 level. It can be explained that the falls of Gold, Sliver,, and Copper limited AUD’s advancing power. 2. It is ...

Chaosforex Weekly Report Journal

(continued) 6. EURGBP could not pass the top 0.9153, and closed last week with a reverse-hummer-shaped upside stick. It is forming a double-top on daily chart, and thus increasing the risk of downward pullback. This week it may test the neck 0.8994, ...

Chaosforex Weekly Report Journal

Weekly Key Report 2009/3/15 — Weekly Key Report 2009/3/15 by Chaosforex Trading Team Intro 1. Stock and commodity markets were suppressed last week and USD and JPY had strong gains during the week. 2. China released the February trade data ...

Chaosforex Weekly Report Journal

(continued) View # 3 Due to stock and commodity markets rose, AUD and CAD both gained. CAD rose 5 days in a row with 2.17% gain against USD, and was the star amongst major currencies. Though Reserve Bank of Australia raised rate to 4.0%, it did not ...

Chaosforex Weekly Report Journal

(continued) CHF and EUR basically moved in unity last week – they both dropped 0.1% against USD. USDCHF also completed 3 doji candles on weekly chart, like EURUSD. There are more events in Switzerland this week. Watch out Monday’s employment data, ...

Chaosforex Weekly Report Journal

Weekly Key Report 2009/3/08 — Weekly Key Report 2009/3/08 by Chaosforex Trading Team Overview Last week was full of events. On Monday, unemployment rate in Euro zone improved from 10.0% to 9.9%, but it did not boost EUR. Due to sluggish ...

Chaosforex Weekly Report Journal

psychological view — 1.5 level had been guarded well last year for about 9 months, and there were a lot of stops accumulating below that level, so once this type stop zone being hit, it turns the market into a brand new mode, and market will ...

EUR/CHF

it's difficult but possible... — Yes FX-Petra, traders who can do this consistantly is very rare. I'm fortunate enough to work closely with a trader like this, and we're trying to use programing trading to replace human work, because getting ...

Poll: What is the best way to make a few pips a day??

think time zone — For day traders, who are trading full time and professionally, time zone is important. In your normal awake hours, it's better that you can watch the market during at least 2 out of the following 3 periods. - European market ...

Best place in the world to trade from?

alright, i'll throw in some cents and keep this brainstorming moving forward... Everyday we should have plenty of chances to catch a 10-pip margin on any pair, regardless which direction we go, which pair we pick. Take EURUSD for instance, it's ...

Poll: What is the best way to make a few pips a day??

Hi Atltrader, yes you've mentioned a lot of things corelated to fx market. You can compare oil price with CAD and EUR, gold price with Aussie, Dow Jones with all carry-trade pairs, also including AUDJPY, AUDUSD, EURJPY, EURUSD, GBPUSD,..etc, and ...

Correlation Trading