EUR.CHF

**arco** · 09-05-2008, 12:16 PM

Hi All

If you check the chart in post #23 and compare todays
chart you will see our little red BF on Eur.Chf did us proud.
Plus it then came up with an ABCD follow through.

Now we appear to have a monster blue printing, so keep
a watchful eye on this potential BF for a reversal pattern.

GTA - arco

**dumbass** · 09-05-2008, 09:14 PM

Originally Posted by dumbass

looks likely bottom in

bullish piercing pattern with some fib action and a harmonic pattern

divergence on rsi

looking to get a long entry in next week

stopped and reversed last night for 600 + pips

i reckon tops in on the zig zag abc a= c + some favourable candlesticks

so hopefully ride down for another 600

**peat** · 14-05-2008, 12:09 PM

it has now done a fairly perfect bearish gartley from the 1.6350 top , down to 1.6050 then the .618 up to 1.6240 and now .78 up to 1.63

**arco** · 14-05-2008, 03:27 PM

Hi Peat

Yes, starting to look interesting now.

**peat** · 15-05-2008, 02:41 PM

overnite upward has now been undone .... in reasonably quick time too, maybe this time down will commence in earnest....

**peat** · 04-06-2008, 09:26 PM

tryin to get a leg in on a micro time-frame gartley (1 min candles) that played out as a butterfly but stop wasnt quite at X and with such small scale didnt take me out. small risk for a possible turn

nope the micro gods werent with me out -7

**peat** · 13-03-2009, 11:35 AM

From ABN Amro

The

Swiss central bank cut its interest rate close to zero
and started buying foreign currencies to stem the franc’s
appreciation as the recession sharpens and deflation looms.
The franc plunged the most against the euro since the single
currency was introduced in 1999 after the Swiss National
Bank in Zurich lowered its main lending rate to 0.25 percent
from 0.5 percent. The SNB also said it would buy corporate
bonds as well as currencies in its first solo intervention in

foreign exchange markets since 1992.