Posted on March 11, 2009 at 23:46 in Uncategorized by Ross YamashitaNo Comments »

Hello everyone.

Let’s take a look at the EUR/CHF daily chart. This is a longer term chart and trade set up. We have an ED forming - which we outlined by the two black lines.

EUR/CHF

Look for a short sell off and then a sharp, strong move upwards. Again, keep in mind this is a longer term chart. We do so potential for a shorter-term downward movement.

Check your announcements, place your stops and apply your money management.

Good luck and happy trading.