Anyone know what had happened to the currency CHF last week?

Switzerland's central bank will take action to stop the appreciation of the franc against the euro. Yes that is the reason.

Bank intervention

http://www.marketwatch.com/news/story/Swis...}&dist=hplatest

source : thanks to kelvin

This post has been edited by mphpopular: Mar 16 2009, 11:23 AM

Just to say thanks to Ghz. I only wish I was that good lol right now it's about 44.5% in two days, that's totally weirded out lol

PS. Pity it's just a demo account, what's the best way to transfer funds into an Oanda account?

This post has been edited by wodenus: Mar 16 2009, 07:32 PM


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today was a bad for me....loose 20%...haizzz...

I'm glad that it works for you. I assume you trade AUD/JPY or AUD/USD If I were you, I'm start closing some of the position. I am so patient when I see my trade already in profit. Also this pair may dive down again but don't worry as I believe long term trend is still up. AUD is high yield currency.

I use paypal to deposit as I can use credit card. the fee is ~3 % on deposit(paypal fee). withdrawal is free 1 per month. Also now OANDA open their branch in Singapore. with this you can wire your fund in SGD to their Singapore bank account. Wire cost to SG I think will be much cheaper.

GU EU
Not a very clear picture due to lack of time. But at least for the moment, I still on bias LONG.


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I close all of my long on A/J & A/U pair. Waiting them drop drop to reenter again.

This two work out nicely for me, both closed for small profit. Should be done for today.

Later wil try to post some chart after 4oclock.

GU current


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Long time no get trap jor. It break the horizontal support but candle unable to close beneath it. While I short it before candle close, get trapped and cut-ed loss


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GU m15


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i just eat GU 76 pips...but still recovery ...haizzz...

EU in my opinion is heading north. From the daily, the 10EMA and 20EMA has juz crossed, and other indicators show north bound oso. While the BB may juz start to enlarge, I am doubting it's juz a whip. I entered the trade since 10/3 , it's up by 200pips+ now If it's a breakout from the daily chart, expect about 600-750 pips but that is a loooooooooooooong wait >.<

GJ


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usdcad h4

red line red word is specifically for H&S
black line black word is juz HH HL and TL


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EU H1 chart:

it is the whole reason I give up taking big 200 pips profit. I rather do 10 times 20 pips and I can log off when I feel tired. I dont need to wait and see when to close it.

since 4 days ago i got solid cash about >RM2K each trading session take less then 2hours and I spend the rest of my time playing game, shopping, lepak sleeping..... hmm what else I miss?

A quick analysis b4 I go to bed.

GU H1 chart:

gu h1


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