Sell signal on CHF hourly as well.
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Reversal Patterns
- Thread starter gartley222
- Start date
Qartley222
Thanks for the message.I have not traded spot forex for a while.I have to check with IB how they handle debit interest for short NZD etc.
Your call on CHF hourly could be right but your other call on daily CHF is the probable out come.Iam looking CHF to test support maximum up to 17/34 hourly EMA & then a solid break out to the up side taking out your pitch fork lines.This week Tuesday/wednesday ppi/cpi could be the catalyst?
Another clarification:
Long usd:EUR small credit interest
short USD:eur ,bigger debit interest
Long USD/CHF big credit interest
short USD/chf - smaller debit interest
If you are long EURO for a long time,will incur debit interest daily.May be play a neutral combo with short CHF against USD will give net positive interest right?could you check with your broker?
Thanks for the message.I have not traded spot forex for a while.I have to check with IB how they handle debit interest for short NZD etc.
Your call on CHF hourly could be right but your other call on daily CHF is the probable out come.Iam looking CHF to test support maximum up to 17/34 hourly EMA & then a solid break out to the up side taking out your pitch fork lines.This week Tuesday/wednesday ppi/cpi could be the catalyst?
Another clarification:
Long usd:EUR small credit interest
short USD:eur ,bigger debit interest
Long USD/CHF big credit interest
short USD/chf - smaller debit interest
If you are long EURO for a long time,will incur debit interest daily.May be play a neutral combo with short CHF against USD will give net positive interest right?could you check with your broker?
USDJPY has replica pattern as the USDCHF........for obvious reasons. I think 116.71 area is a good short. Good luck to everyone that is Bearish.
Quote from gartley222:
Sunday into monday morning we could see Euro go up a few pips (30-60). However overall direction is down.
WEll it went up then back down. Seems to be hovering on the bottom line of the pitchfork. Possible go up from here, but i am not too certain. I am neutral EUR/USD.........