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  • Swiss Franc Strength Keeps Traders Jumpy

    From efxnews.com

    The Swiss franc is keeping currency traders nervous as it strengthens dangerously close to the point at which the Swiss National Bank could intervene to whack it lower. Few market participants seriously doubt the SNB's resolve to prevent the euro from falling below CHF1.20, in keeping with the floor that the central bank imposed in early September. It remains committed to defending that level with "unlimited" force even after the departure of its president Philipp Hildebrand, who quit in January over his wife's currency dealings. Any break in the SNB's floor would send the franc rocketing higher and other markets ... (full story)

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  • Comment #1
  • Quote
  • Jan 31, 2012 10:01am Jan 31, 2012 10:01am
  •  fidafrx
  • | Membership Revoked | Joined Jul 2011 | 66 Comments
Useless doo somthing now when u feel when it poke the head of snb wake-up
now 1.20
 
 
  • Comment #2
  • Quote
  • Jan 31, 2012 10:30am Jan 31, 2012 10:30am
  •  Guest
  • | IP XX.XX.91.6
leaving it run to under 1.20 will blow most traders accounts
wake up snb we are on a dead end we need your help now to buy a new house
 
 
  • Comment #3
  • Quote
  • Jan 31, 2012 10:54am Jan 31, 2012 10:54am
  •  safdarhashmi
  • | Joined Mar 2011 | Status: Member | 590 Comments
Quoting Guest
Disliked
leaving it run to under 1.20 will blow most traders accounts
wake up snb we are on a dead end we need your help now to buy a new house
Ignored
so place the sellstop to aviod the disaster larger than ur buy
 
 
  • Comment #4
  • Quote
  • Jan 31, 2012 11:05am Jan 31, 2012 11:05am
  •  joynal2u
  • | Joined Jul 2011 | Status: Time and tide wait for none | 17 Comments
Quoting Guest
Disliked
leaving it run to under 1.20 will blow most traders accounts
wake up snb we are on a dead end we need your help now to buy a new house
Ignored
Same to me!!!
 
 
  • Comment #5
  • Quote
  • Jan 31, 2012 11:06am Jan 31, 2012 11:06am
  •  joynal2u
  • | Joined Jul 2011 | Status: Time and tide wait for none | 17 Comments
Quoting safdarhashmi
Disliked
so place the sellstop to aviod the disaster larger than ur buy
Ignored
I placed Sell Stop @1.1975....... Is it safe position?
 
 
  • Comment #6
  • Quote
  • Jan 31, 2012 11:18am Jan 31, 2012 11:18am
  •  safdarhashmi
  • | Joined Mar 2011 | Status: Member | 590 Comments
Quoting joynal2u
Disliked
I placed Sell Stop @1.1975....... Is it safe position?
Ignored
i dont know but place it at 1997
 
 
  • Comment #7
  • Quote
  • Jan 31, 2012 12:30pm Jan 31, 2012 12:30pm
  •  Guest
  • | IP XX.XX.91.6
Quoting safdarhashmi
Disliked
i dont know but place it at 1997
Ignored
HAHA, place stop loss at 0 i had done my work good regarding Money Management more than enough for 1.1 target too
you'll be stupid to place sl at 1.1997 or 1.19 remove it now it might be taken with a quick fall before the intervention spike appear
if u have Good MM set SL 0
1.20 will not be target might be just 1.2020 but in case of quick fall set SL 0
we will buy a new big house in short time
 
 
  • Comment #8
  • Quote
  • Jan 31, 2012 2:21pm Jan 31, 2012 2:21pm
  •  safdarhashmi
  • | Joined Mar 2011 | Status: Member | 590 Comments
Quoting Guest
Disliked
HAHA, place stop loss at 0 i had done my work good regarding Money Management more than enough for 1.1 target too
you'll be stupid to place sl at 1.1997 or 1.19 remove it now it might be taken with a quick fall before the intervention spike appear
if u have Good MM set SL 0
1.20 will not be target might be just 1.2020 but in case of quick fall set SL 0
we will buy a new big house in short time
Ignored
i have not talked about sl i said sell limit should be at 1997 means hedge.......if u know about hedge
 
 
  • Comment #9
  • Quote
  • Jan 31, 2012 7:01pm Jan 31, 2012 7:01pm
  •  Guest
  • | IP XX.XX.91.6
Quoting safdarhashmi
Disliked
i have not talked about sl i said sell limit should be at 1997 means hedge.......if u know about hedge
Ignored
hedge wat lovely boy, want any clever person to trade against snb
for wat reason- afraid haha of wat! Winning Gaining Money that is the only option for buy orders
no trader ever set any SL nor hedge euro/Chf nor UsdJpy at current levels
only buy orders
 
 
  • New Comment
  •  Guest
  • | IP XX.XXX.31.206
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  • Story Stats
  • Posted: Jan 31, 2012 9:40am
  • Submitted by:
     eFx Newz
    Category: Fundamental Analysis
    Comments: 9  /  Views: 1,976
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