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EUR/USD did make a new low today after breaking below the support at 1.1750, but bounced back immediately afterwards. It looks like range continues and we will have to wait a bit more before the bearish trend continues on its way down.
I am totally agree with you.
Bearish trend continues.Long term support is hold and is used as a guide for current trend. No changes in the trend : bearish trend. Used peaks to sell
Again tight range. Not sure where it is going to move this time
I adore mega whipsaws - thanks SNB
can't close UsdChf trades ... that's how they play this game ... dirty pool
can't close UsdChf trades ... that's how they play this game ... dirty pool
Don't you worry : stop losses and margin calls are going to work. As usual : brokers are going to use any situation when they can rob without being caught
when Chf pairs resume trading bears should have a nice profit
finally got to close my Chf trades for a hefty profit
BUT the spread ... (200 pips)
finally got to close my Chf trades for a hefty profit BUT the spread ... (200 pips)
There will be no profit - the spreads are so big that only losses will happen
the move was way beyond 200 pips (I count over 1400 [80 spread now]) ... checked my balance before closing those trades
You were one of the few bears on EURCHF (SNB was blabbing for the last couple of years that they will not allow that EURCHF goes bellow 1.2). This was a complete change of SNB forward guidance that nobody saw