USDCHF has just touch the daily 10EMA! Thanks to the Swiss Gov, anyone care to short?

CHOROS Interactive

Woot I have just taken a lost at AUDJPY for a 15m 10ema TOUCH TRADE. I did everything right and I still end up with a lost for today..... I notice that this week I am pulling off quite some losing trades, but when I analyze my trades I hardly made ...

CHOROS System

I mean when I put on a trade I shouldn't be so quick to move my SL to BE I should move to BE after the the price go a certain distant and after a set time. To date, quite some nice trades got away because I have been playing too defensively. Just my ...

CHOROS System

WOOT! nice lucky trade. Sometimes I am lucky with my mistakes as well.

CHOROS Interactive

Anyway just to keep things alive here I just took in 22 pips from GJ 5EMA touch off the 15M chart. Now I am up 15 pips for today. My earlier loss was off a failed 10EMA touch trade of 15M GJ. I learn a lesson today, I should give my trade time to ...

CHOROS System

Market is acting very strange especially the JPY and CHF pairs.

CHOROS System

yeah I agree however the swiss gov has been talking about intervention to weaken the swiss, however I think it won't stop the CHF rise if the world economy is in turmoil. Maybe some odd spikes here and there that's it. 2008 and happy days are here ...

CHOROS System

You hate CHF?? Have you seen any chf chart lately? It is crazy, there is something very bad going on now. Just today alone for EURCHF there was a drop of 700 pips...... I love it! It's 2008 all over again.

CHOROS System

Choros relies on low spread. I notice at least for Oanda that the spreads for CHF goes up a few times when the CHF pairs got nuts..... Not so good for short term Choros. Spread: EURCHF- 9 pip USDCHF- 9 pip CHFJPY- 10pip Not too good for Choros.

CHOROS System

My spread for GJ is 2.6. Oanda.

CHOROS Interactive

A sharp drop occurring now for GU and GJ. it is not the yen or USD because the other pairs are flat. Hmm what is going on in UK.... Anyway looking out for touch trades there.

CHOROS Interactive

It went right up to 10pips just to take me out at BE.

CHOROS Interactive

I am watching the CHF pairs CHFJPY, USDCHF and EURCHF these 3 pairs are now correlated. But they were never correlated. It looks like CHF is leading now.... There is a 10EMA touch right now for all 3 at 15M. I am taking CHFJPY because it has steeper ...

CHOROS Interactive

Interesting comment, I will do some research on that.

CHOROS Interactive

I was talking about 15M. I agree with Anthar it is a porcupine. I wouldn't have noticed otherwise. I am just lucky again I got out with some small pips. (less than 4) I waited till it went pass the MAs and then waited for a retrace.

CHOROS Interactive

I am also watching EURUSD for a touch at 35 MA.

CHOROS Interactive

MAs are flat, I am taking a break. I am up 10 pip total for now....

CHOROS Interactive

USDCHF 15M touch at 35 MA occuring now Update: I got out luckily at 15 pips because the price after that just turn around and would have taken me out at BE......

CHOROS Interactive

Noted.

CHOROS Interactive

What type of dance trade is that. A touch? A contrainment?

CHOROS Interactive