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Usd / Chf

Discussion in 'General Forex Talk' started by Demus, Mar 15, 2011.

  1. Demus

    Demus Private

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    Anyone knows when this pair will go back up to the .9495 area? I've been locked in a trade since the 22 of Feb and it keeps going down. What do you guys think cut my losses and get out or It will go back up stay in?.
     
  2. f-man

    f-man 4Xangels Representative

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    That's a good question. I wish someone could tell me that as well.:D

    Although some indicators show that it is oversold and it is reaching historical lows, the Bullish EURUSD trend is pushing it further down.

    I believe that once the EURUSD starts a bearish move, the USDCHF will make an XXL bullish move.

    The only question remaining: When will that happen?
     
  3. Demus

    Demus Private

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    Thanks F-man, I've never stayed in a trade this long before but right now I'm in too deep and wondering how much lower it will go.
     
  4. f-man

    f-man 4Xangels Representative

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    How much % of your equity are you down with this trade?
     
  5. Demus

    Demus Private

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    Let just put it this way I'm down 26k atm :confused:. On a my live account...
     
  6. Pharaoh

    Pharaoh Colonel

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    Ouch! I've got some long term EURUSD shorts sitting in the red, but nothing nearly that bad.
     

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