EUR/CHF Long Term Look
Posted on November 10, 2010 at 5:24 in Uncategorized by Ross YamashitaComments Off

Hello.

Let’s take a look at the EUR/CHF. Not the most common pair when discussing Forex trading, but one that you can make money on.

Looking at the hourly chart, we start at the high in early August and we see the first move down, the retracement back up and it looks like the current downtrend will continue to form a final Wave 3.

Look for a target price area of 1.25000 area and below. A break above the high from November 1 will invalidate this forecast.

Good luck and see everyone again shortly.

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EUR/CHF Long Term Trade Set Up
Posted on March 11, 2009 at 23:46 in Uncategorized by Ross YamashitaComments Off

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.

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