Holy s…! I definitely picked the right time to enter but unfortunately not in the right direction 
The Swiss franc is freaking me out. What’s so good about the Swiss? Yea, the Alps, great watches and Milka chocolates… but does it justify such a move? ha ha
Here’s the USD/CHF hourly chart as of now:
It’s 06:05am GMT. I bought US dollar / Swiss franc at 1.0416
Stop Loss: set as per my trading plan
Target: Open (not set yet)
The daily chart of USD/CHF as of now:
Not much so far (11:24am GMT). The Flash Manufacturing PMI data, announced earlier, was received with a shrug from forex traders. The market has been drilling between 1.2728 and 1.2682 ever since then. Quite an uneventful European morning session. Perhaps the cowboys will start the rodeo?
It is about 10:30am GMT, and we are witnessing the long awaited, amazing drop in the EUR/USD forex pair. Some forex analysts are reporting that apparently stops below 1.2730 went off. To those of you with short positions, congrats! To the euro bulls among you, sorry!
The hourly chart:
In the past few days the USD/JPY forex pair made an unsuccessful attempt to test the 15-year bottom at 84.72. It is high time we see upward movement. I wouldn’t go long until I see some good confirmation of that happening (a daily close of above 86.50 would be good for me). Until then, I am on the sidelines watching how Skinny Dollar is faring against Mighty Yen
