| 09/30/07 09:03:08 PM -0700
Let's examine the following 3 pairs: EUR/CHF, EUR/USD, USD/CHF
EUR/CHF
We see the momentum divergence in this pair; however, the CCI
is well above +100. It looks like the trend is still going strong. I
think we'll wait to place a short trade.
Daily EUR/CHF
EUR/USD
CCI is still above +100 and it just set new high on Friday.
Let's wait and see how it performs the next few days.
Daily EUR/USD
USD/CHF
The momentum divergence is more convincing in this pair.
It's on my radar to long. Let's see if it stablizes at around 1.1600 area
the next few days.
Daily USD/CHF
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Updated:
Sunday, October 07, 2007 10:27:33 AM -0700 |
