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| Posted By: choudhary mohammad sarwar riaz Posted On: May 22, 2009 Views: 1540 | chf/usd welcome,swiss have set his high 1.1968 in my eye now low 0.9613 can be set in remaing days of the year2009. |
| Posted By: ch.mohammad sarwar riaz Posted On: Mar 15, 2008 Views: 4220 | chf/usd welcome, the chf/usd have set his low 1.9970 now buying strat with stop1.9848 for 1.2000 etc in next week. |
| Posted By: choudhary mohammad sarwar riaz Posted On: Jan 7, 2008 Views: 4616 | chf/usd welcome,the people wich not like this , as for i am looking this year chf/usd is very good trading pair more good then eur/usd and gbp/usd in daily base two way trading whole the year. |
| Posted By: scott Posted On: Dec 12, 2007 Views: 4796 | swiss Thanks for the update William. I waited until the feds spoke and then did a wait and see. Lots of trading sideways. What is your opinion of a correction for the dollar in the near future? |
| Posted By: William Tell Posted On: Dec 7, 2007 Views: 4829 | Week of December 10 Hello Scott, I appreciate your inquiry. This is how I see USD/CHF. In a word, SELL US DOLLARS. The rally from the 1.0888 low Thanksgiving week resulted from an oversold condition. Nothing more. Fundamentals haven't changed. Yes, crude and gold pulled back some, but their long term trends are intact. We're still in a credit mess, Iraqi mess, inflation mess, recession looming mess... Dollars won't buy what they use to. So "Don't worry, be happy..." That is to say... ACTION: SELL USD/CHF AT 1.1320. Keep your stops at 1.1385. THIS CAN BE A POSITION TRADE TO NEW LOWS, IE. 1.06-1.07 LEVEL. If you are short term oriented, cover your short on Friday's close. I'll bet you'll have made some good money even by then!! |
| Posted By: Scott Posted On: Oct 28, 2007 Views: 5149 | Swiss Franc William, I am here listening. I have no insight. What is your opinion from here? |
| Posted By: William Tell Posted On: Sep 14, 2007 Views: 5477 | Week of September 17 Last week's action looks like a reversal of the USD decline against the Swiss. The market held rock strong at 1.1801 (last weeks low) and settled near the week's highs on Friday- to wit 1.1894. Gold prices appear fully valued at 715 USD and the Euro seems to have made top. Talk of the Fed lowering interest rates is just wishful thinking. The reality is the Fed will be compelled to raise US interest rates in face the the subprime lending debacle. Also remember this. When the newspapers advertise the US dollars demise on the front page you just know the move is over! There is an old adage that goes: "He who buys today's headlines sells tomorrows newspapers!" ACTION: BUY USD on Mondays open. I truly believe a test of 1.2300 to 1.2400 is likely in just two weeks time. Protect yourself with sell stops 15 pips below 1.1801. |
| Posted By: William Tell Posted On: Aug 10, 2007 Views: 5708 | Week of August 13 Of course, my crystal ball sometimes cast shadows or broadcasts outright deception. Then there are times when it shines brilliantly....like it did last week. Man alive, I nailed last week's trade (See recommendation below). You would have won every time you shorted USD on rallies over 1.1990. The actual high was 1.2016 with breaks to cover shorts down to 1.1920. I wrote sell up to 1.2020. G E N I U S ! W H O A! But what about this week?? Look for a continued USD rally on Monday on account of increasing concerns of US loan defaults (the tide of foreclosures grows and grows while housing prices linger). Then look for a flat to lower USD into Friday. 120.50 might be in the cards this week but just fade it. Would prefer a 80 point stop for insurance at that price. How about some company out there? I feel like I'm alone in this USD/CHF wilderness. Let's get some more opinions on the table. |
| Posted By: William Tell Posted On: Aug 4, 2007 Views: 5765 | Week of August 6 Last week buying the breaks and selling the rallies worked great between Monday and Thursday. The range was consistently between 1.1980 and 1.2080. On Friday, however, the USD caved in and sellers on the floor had a hey day triggering tides of sell stops. The Swiss briefly hit 1.1867 then rallied to close at 1.1906. The confluence of technical deterioration and distressing USD fundamentals point to higher CHF values. Oil prices hit a new high. Gold hasn't lost it's luster. The job creation picture in the US was meager. And the Dow(n) Jones has been taking some mighty big hits lately on fears that bad lending practices may cause massive bank and investor losses. Sterling investment firms like Bear Stearns and Lehman Brothers have come under scrutiny and their share prices have suffered as a result. ACTION: The US dollar is headed south. Sell US dollars on rallies between 1.1990 and 1.2020. There is a massive descending triangle on the weekly charts which portends a vertical price decline. You should consider a long term sale of dollars with buy stops above 1.2050. Have a great week. And please remember this simple advice: "Plan the trade & trade the plan." |
| Posted By: William Tell Posted On: Jul 27, 2007 Views: 5817 | Week of July 30 I said a high of 121.50 was likely and the actual high for last week was 121.64. Not bad. We didn't break the previous week's low of 119.59 (it was 119.82), but no doubt about it, the USD was resilient. This week, I expect a similar range. Action: Sell rallies up to 121.60 and buy the breaks dows to 1.1990 Happy hunting! |
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