DislikedThere was also a Up Price Pivot that had formed on the Friday candle. At the very least based on that you would have been long.
I wasn't that surprised by the move from a technical stand point. I was surprised by the size, but not the direction. the USD/CHF was trending positive for hours leading up to the announcement. There was also talk for weeks about how the Swiss weren't happy about how strong the Franc had become and that they have an interventionist central bank.
Think about it, if a candy bar cost $10, don't you think some currency...Ignored
Ah please, the SNB hasn't set a floor since 1978, don't go telling us now you saw it coming.
Even if the big boys saw it coming, they would have priced it in, we jumped 1200 pips, yup the big boys had expected it and priced it in.
Gimme a break.