The direction is good. We are eating slowly sell orders.
We need to go above 1,2418 to get some momentum.
Today close is important.
We need to go above 1,2418 to get some momentum.
Today close is important.
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DislikedThe direction is good. We are eating slowly sell orders. We need to go above 1,2418 to get some momentum. Today close is important.Ignored
As someone said in a recent post: it's a waiting game. At least I got a bit of a tan in the meantime.
PK
[still long @1,23]
DislikedCould that be rally over? It has stopped right at 38.2 fib of the down move from 1.26491Ignored
Disliked{quote} oh, no brinks. if u want to add longs today is the right time.Ignored
DislikedJordan should be asked for resign and Kuroda must be imported to Zurich right now (just off from the uj surf with a couple of hundred pips)Ignored
DislikedIt seems it want another low (hopefully higher) before go up Levels: - 1,2320-1,2330 -1,2290-1,2300 - 1,2280 -1,2250 - 1,2220Ignored
Disliked{quote} I was just about to say considering everything thats going on its holding up well big fall on the cards todayIgnored
Disliked{quote} Yes, but it is a buying opportunity. The best would be 1,2220Ignored
Dislikedhttp://www.fxbriefs.com/forex/forex-...blame-the-snb/ Another rumour. So if SNB want to change something they need to do more like BOJ. When SNB introduced floor, there was US bank holiday Tomorow is US bank holiday tooIgnored
Disliked{quote} I'm the same as jaime on that one there has been so many rumours why after 2 years and with price comfortably away from 1.20 why would they do anything?Ignored
Disliked{quote} Because they have a lot of reverse, and Fed starting to tapering september-december this year. So the USD is strengthen. And eur strengthe too (look euraud, eurnzd, eurcad, eurjpy, eurnok etc.) So this is good situation to do more for accelerated chf sellingIgnored
Disliked{quote} Ok thanks i dont see how they are going to use the reserves they have to weaken the chfIgnored
Disliked{quote} First they have to weaken chf. Then they could decrease they reserveIgnored
Disliked{quote} I agree with brinks. The Swiss are very pragmatic and conservative. They won't change a policy that works and take adventurous risks just for the sake of accelerating CHF devaluation when they are not hard pressed to do so. Look at how they are dealing with the banking secrecy. Nothing goes unless you put a gun to their heads - and even then they may stay stubborn. And Jordan is veeeeeery Swiss. And his policy works. Nothing will happen unless 1.20 is genuinely threatened or until CHF remains above 1.30 for several months with the EZ and...Ignored