Supply and Demand analysis.
Looking for entrys on EURCHF
Tags
downtrend
,
entries
,
eurchf
,
swingtrading
Hi there! 
In this past week I started to swingtrade, and I see that CHF is not volatile or just a little volatil, so I want to realy invest in this currency, so Im looking for entries on the EURCHF, So i was thinking that, If EURCHF has so little of valitility I can put more lots and risk so much little because the stop loss can be tigher, so this is one thing I wanna make, a little experiment, so here are the chart of the EURCHF weekly, we can see a nice downtrend, im waiting for the price go up again to the trend and If everything goes right im going short on this one.
In this past week I started to swingtrade, and I see that CHF is not volatile or just a little volatil, so I want to realy invest in this currency, so Im looking for entries on the EURCHF, So i was thinking that, If EURCHF has so little of valitility I can put more lots and risk so much little because the stop loss can be tigher, so this is one thing I wanna make, a little experiment, so here are the chart of the EURCHF weekly, we can see a nice downtrend, im waiting for the price go up again to the trend and If everything goes right im going short on this one.
Total Comments 4
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hey ruben,
looks like you have a few moving averages drawn on your chart. do you know what moving average time period the white line is that is closest to the candles?
this is a nice setup, i am going to highlight this on informedtrades and try to get more folks to chime in.
thanks for sharing.Posted 08-10-2009 at 11:01 AM by Simit Patel
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Hi Simit!
Yes is the 55 period M.A. and is been acting like a ressistance before,now Im waiting to see what happen with the price.Posted 08-10-2009 at 11:28 AM by Ruben..
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I think any trade on it would be risky or tricky right now. I would prefer to wait for a more clearly defined set-up. There appears to be some stength in the trade. I woud'nt be so quick to short. JMO
EktraderPosted 08-10-2009 at 03:57 PM by Ektrader
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Yes Ek, you´re right,this is not the time to trade this pair, Im waiting exactly that, a clearly defined set-up, like you say.Posted 08-10-2009 at 05:29 PM by Ruben..
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