Sunday, 27 February 2011

USDCHF and GBPCHF

My USD/CHF is really coming close to my long entry point.

For GBP/CHF I really cannot see anything clear. It's reaching all time lows, constantly. I might be jumping the gun, but on shorter time frame, 4h chart, it looks like it found a low, and could retrace between it's 50-100 MA's. I'll take a long position, no exact figures yet, but it will be near current market, targeting 1,5315, with a stop loss below the blue line. It's around 100 pips SL, and 300 TP.


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