NFP will bring this peg to break or may be tomorrow.. The pace at which its keep going lower.
big guys will benefit both ways if intervention happen.. they have hedge it on the other side with big orders..
Short on the other side.
Only way to stop them is to let them short at these levels for weeks and SNB to buy them at these levels..
The day SNB stop buying the big guys.. it will dip down.. now we have to see how much these guys short and SNB resolve to buy unlimited quantity
If SNB intervene big, it will not be beneficial as these guys who shorted will profit and bring again to same levels..
Let them short slowly and SNB absorb this.. for weeks..
I hope it will go live this.. unless SNB backs out and stop printing francs
big guys will benefit both ways if intervention happen.. they have hedge it on the other side with big orders..
Short on the other side.
Only way to stop them is to let them short at these levels for weeks and SNB to buy them at these levels..
The day SNB stop buying the big guys.. it will dip down.. now we have to see how much these guys short and SNB resolve to buy unlimited quantity
If SNB intervene big, it will not be beneficial as these guys who shorted will profit and bring again to same levels..
Let them short slowly and SNB absorb this.. for weeks..
I hope it will go live this.. unless SNB backs out and stop printing francs