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damn, just long USD/CHF before this
  •  Guest
  • | IP XXX.XXX.14.101
do not worry, in 2 hours time, there's SNB Chairman Hildebrand talking, so much is still in the game
  •  Guest
  • | IP XXX.XXX.246.249
its jus in a little channel at the moment
i was also long...took a beating... hope it retreats...
usually before some big spikes caused by intervention there are some news releases that might move prices in the opposite direction.

It will be interesting to see what today may bring. In my opinion, if they want to keep the cap at 1.20, they would not inform market just yet that they are going to let us decide what should be done. This would only mean EURCHF flying south, which SNB does not want yet.
  •  Guest
  • | IP XXX.XX.146.4
It was a bit risky to short CHF right now, before they really introduced the 1.3 cap. Since the beginning of the week it's been diverging from its Stochastic, just waiting for some bullish statement like this one.
  •  Guest
  • | IP XXX.XXX.232.24
EURCHF back down to fill yesterday´s open gap and then up again
  •  Guest
  • | IP XX.XXX.242.175
Quoting maciejburno
usually before some big spikes caused by intervention there are some news releases that might move prices in the opposite direction.

It will be interesting to see what today may bring. In my opinion, if they want to keep the cap at 1.20, they would not inform market just yet that they are going to let us decide what should be done. This would only mean EURCHF flying south, which SNB does not want yet.
that's right . 1 week before the previous massive intervention(1.2 floor) they told "Switzerland has to live with a strong franc" & we had one week of franc going to south & then they intervened so with the talks of a 1.30 or 1.40 floor, the game can pepeat
http://www.reuters.com/article/2011/08/31/swiss-politics-franc-idUSL5E7JV2GW20110831
then i'll buy buy buy this pair so that happy days shall fall upon us
Quoting pipols_champ
then i'll buy buy buy this pair so that happy days shall fall upon us
I think that will be a good trade
what did Hildebrand say 20 minutes ago?
Seems like the politicians or the system is getting back at the markets with miss-direction and false comments. Payback time...
  •  Guest
  • | IP XX.XXX.157.151
Lol...trading on hope. I love it. SNB isn't going to raise the floor.
EUR/CHF soon back near 1.2000 level obviously ...
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  •  Guest
  • | IP XX.XXX.48.18
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  • Story Stats
  • Posted: Nov 8, 2011 5:52am
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 14  /  Views: 5,629