2010 profit + 1179, 2011 + 971

2010 January +236, February +22, March +190, April +198, May +607, June +63, July 0, August -50, September +62, October -240, November +114, December 0,


2011 January +388, February - 80, March 0, April -114, May 0, June -15, July +433, August 0, September +260, October +253, December -154


2012 January +365, February 0, March +236, April +203, May 0, June 0, July





TRADING FOREX MARKET

The fact is that pattern exist is evidence of price manipulation, which in turn creates predictability that produces profitability for those who can see the patterns.

Greggory L. Morris

Tuesday, March 23, 2010

EUR/CHF (+94)


just few hours ago SNB Hilderbrand said in his speech;The Swiss central bank can buy very large quantities of foreign currency to influence the level of the Swiss franc and keep deflation in check". Pair is currently under pressure, so if the SNB is planning to stop appriciation of the EUR/CHF now would be the time. Stops should be bellow 1.4300 and profit targets are extremely hard to determine on intervention from Central Bank, but at least above 1.4490. In previous cases SNB intervention would result in 150+ pips in few minutes, and lately intervention was seen in as little as 40 pips
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