eur chf trading
TRANSCRIPT
http://www.forexconspiracyreport.com/eur-chf-trading/
The shock of the Swiss franc Forex
conspiracy is past and EUR CHF
trading has returned to a more normal
mode.
http://www.forexconspiracyreport.com/eur-chf-trading/
It was getting too expensive to prop
up the Euro and keep pushing down
the value of the franc.
http://www.forexconspiracyreport.com/eur-chf-trading/
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Before We Continue…
http://www.forexconspiracyreport.com/eur-chf-trading/
And it was going to get more difficult
when the European Union starts
printing money for a Quantitative
Easing Stimulus program much like
the US Federal Reserve used to
rescue the US economy.
http://www.forexconspiracyreport.com/eur-chf-trading/
In this sense it was not a Swiss franc
Forex conspiracy so much as
necessary shift in Swiss monetary
policy.
http://www.forexconspiracyreport.com/eur-chf-trading/
Now that the franc has found a more
comfortable level against the Euro
where are there profits to be made in
EUR CHF trading?
http://www.forexconspiracyreport.com/eur-chf-trading/
Trends and Limits
http://www.forexconspiracyreport.com/eur-chf-trading/
FXStreet expects EUR/CHF to re-
test at 1.0524.
http://www.forexconspiracyreport.com/eur-chf-trading/
Karen Jones, Head of Technical
Analysis at Commerzbank, expects
EUR/CHF recovery to lead to a retest
of 1.0524 levels.
http://www.forexconspiracyreport.com/eur-chf-trading/
EUR/CHF is attempting to recover
ahead of its short term uptrend and
should retest the 1.0524 50%
retracement and 30th April high.”
http://www.forexconspiracyreport.com/eur-chf-trading/
“Dips lower should find initial support
1.0384, the 14th May low and hold the
1.0363 uptrend for an upside bias to
be maintained.”
http://www.forexconspiracyreport.com/eur-chf-trading/
“A close above 1.0524 will be needed
to see a further upside target of
1.0591 engage, this is the 61.8%
retracement of the move down from
February.”
http://www.forexconspiracyreport.com/eur-chf-trading/
Above 1.0591 will introduce scope to
1.0688, which is regarded as the last
defense for the 1.0811 high.
http://www.forexconspiracyreport.com/eur-chf-trading/
This is the usual language of EUR
CHF trading as traders use
fundamental and technical analysis to
track the market in search of profits.
http://www.forexconspiracyreport.com/eur-chf-trading/
The Past Repeats Itself
http://www.forexconspiracyreport.com/eur-chf-trading/
The basis of technical analysis of
Forex currencies is that the past
repeats itself.
http://www.forexconspiracyreport.com/eur-chf-trading/
Technical analysis of Forex currencies
has to do with using market price
patterns to predict the next market
move.
http://www.forexconspiracyreport.com/eur-chf-trading/
Traders use tools such as Japanese
Candlesticks in order to use market
history to predict coming market
events.
http://www.forexconspiracyreport.com/eur-chf-trading/
An old saying is that the past predicts
the future and this is the foundation of
the technical analysis of Forex
currencies.
http://www.forexconspiracyreport.com/eur-chf-trading/
The point in profiting from changes in
foreign currency exchange rates is not
to force the issue.
http://www.forexconspiracyreport.com/eur-chf-trading/
Unless you are a central bank official,
president of a country, or chairman of
the Federal Reserve, there is little that
you can personally do to drive
currency rates. What you can do is
observe.
http://www.forexconspiracyreport.com/eur-chf-trading/
When rates are going up, or down,
and market fundamentals indicate that
the change will continue you can trend
trade.
http://www.forexconspiracyreport.com/eur-chf-trading/
Today in EUR CHF trading traders
watch price patterns to anticipate the
next move of the market.
http://www.forexconspiracyreport.com/eur-chf-trading/
Whether they use brand new
statistically based technical tools or
time honored and easy to read
candlestick patterns the goal is the
same.
http://www.forexconspiracyreport.com/eur-chf-trading/
When you see a unique market signal
and all of the specific criteria for its
interpretation are present, you can
trade based on this signal and expect
to make money.
http://www.forexconspiracyreport.com/eur-chf-trading/
As always do your own fundamental
and technical analysis and when
things are not clear do not guess but
rather, sit on your hands to avoid
making a dumb trade!
http://www.forexconspiracyreport.com/eur-chf-trading/
Wait for the signal, evaluate and
confirm the signal, and then make
money in EUR CHF trading.