I see the interest of traders on this pair is getting lower day after day, also the COT show that the short positions on chf went slightly lower in the previous week. Yeah the market is on a possible turning point on many instruments, great ...

EUR/CHF

To the buyers: Hold the line, keep positions opened, have patience. The pair is acting as expected, the short squeeze will be huge and will be only the beginning. (I feel like a prophet)

EUR/CHF

No joking now, I think it may reach 1.25 in a matter of days (hours?) and 1.32 in a few weeks, then if we really want to be bullish biased I would say 1.39.. Ok maybe I'm a little bit bullish biased eheh let's see what happen tomorrow

EUR/CHF

Ok, i may be wrong, but i think that the big upmove is officially started! Enjoy the ride

EUR/CHF

Technically this long period of time with low volatility make sense, before any strong trend there is always a period of low volatility. Now, looking on the length of the current one, the trend will be very big, when when when will it start?? Let's ...

EUR/CHF

What a crazy day, 4-5 pips movements, the volatility is getting crazy must be very careful! :/

EUR/CHF

Yes i agree something looks strange, but.. i think even in this trade most of retail traders may end up loosing, i see the typical looser situation now like this: price start to go up, 50pips.. 100pips.. traders take their profit, other 50-100pips, ...

EUR/CHF

We are playing the same game.

EUR/CHF

I personally trust SNB, however from a technical stand point too the buy-side is good, with a technical target of 1.32 to 1.40. Remember that nothing last forever, even the strongest trend (downtrend in this case). Like, take usdcad for example, the ...

EUR/CHF

Good, let everybody sell, sellers will be persecuted.

EUR/CHF

We must be patience and faithful

EUR/CHF

Source: BS

EUR/CHF

url use this one, is more reliable

EUR/CHF

actually, the chart show that commercial are buying chf (for example, selling eur-chf, and not buying the pair), and yes mostly commercials buy what go down and sell what go up, but in this case the chf is getting high, and large traders are selling ...

EUR/CHF

Yes overconfidence, but ok it was just a trading mistake, I just sold the wrong rally, the trade was technically riskious from the beginning, I just decided to invest soo much in it anyway, after one week of winners I can take even the most riskious ...

Yet another trading journal

The cable trade has been closed at 1.5825 by stoploss, trading a trend-continuation on a consolidation pattern was not a good idea at all. I'm taking a break from trading, the thread will remain open for future updates, still not sure when and if ...

Yet another trading journal

And after the previous sad and dramatic post, an image that somehow explain why we still are in the trade.

Yet another trading journal

Final thoughts — Well, analyzing the situation on gbpusd, looks like shorts are getting squeezed (or better, usd longs are getting squeezed). No matter how much the pair can be overbought, these are the kind of situations that i've written ...

Yet another trading journal