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  • Swiss Franc's Bulls Get Ready For SNB's Intervention

    From efxnews.com

    Switzerland is renowned for watches, knives and chocolates. How about bazookas? A showdown between Switzerland's central bank and investors bullish toward the Swiss franc appears inevitable as the euro sinks ever closer toward a 1.20 franc trading floor officials set last September. That means the deflation-fearing Swiss National Bank will likely find itself with no choice but to deploy maximum firepower by intervening heavily to sell its own currency, known commonly as the Swissie, versus the euro. Swissie bulls, who had pressed the currency to record highs against the euro and the U.S. dollar last summer, stampeded ... (full story)

nice..DO IT!
Early to bed, early to rise, keeps you healthy, wealthy and wise.
Will be great if we have SNB and BOJ intervening at the same time, save me flipping the charts, lol!!! Dream on but just a little more patience before longing begins!!!! Still a little way to go before SNB intervening starts , may long at 1.20213 with SL at 1.9713, come on SNB, don't act like Greece, get it done this week, with year included!
PUSH THE RED BUTTON ALREADY SWISS!!!
GIVE US SOME Of THAT SWISS CHEESEEEEEEEE!!!
i want new SWISS watch!!
Early to bed, early to rise, keeps you healthy, wealthy and wise.
Its about time they step on the gas....i think they wanna get more eurchf short speculators in first...
waiting
Quoting okie dokie
Its about time they step on the gas....i think they wanna get more eurchf short speculators in first...
agreed.

If you look @ a daily chart w/ as many SMAs as you wish, you will see that price has failed to close above 200-SMA since 1-6. I'm looking for break of 1.20 or close above average to show genuine interest in up move.

I would like to know who this is that is willing to trade the Francs for Euros even w floor in place.
  •  Guest
  • | IP XX.XX.91.6
I would like to know who this is that is willing to trade the Francs for Euros even w floor in place.[/quote]

Some Maniac Billionaire & Hedge Funds who have psychological problems to fulfill thinking they are bigger than everybody including the central banks
It might be the SNB itself nobody knows!!!
  •  Guest
  • | IP XXX.XXX.160.169
They still have truckloads of gold fillings left ,
I'm shorting this turd str8 to hell
Quoting Guest
Quote
I would like to know who this is that is willing to trade the Francs for Euros even w floor in place.

Some Maniac Billionaire & Hedge Funds who have psychological problems to fulfill thinking they are bigger than everybody including the central banks
It might be the SNB itself nobody knows!!!
You actually believe that? The "maniac billionaire and hedge funds" you are talking about is purposely pushing the Franc up in order to force the Swiss Central Bank to pull the trigger. The money they will be losing will be nothing to the profit they will gain once the Swiss are forced to act.
  •  Guest
  • | IP XX.XX.91.6
Quoting [Sniper
;5343683]You actually believe that? The "maniac billionaire and hedge funds" you are talking about is purposely pushing the Franc up in order to force the Swiss Central Bank to pull the trigger. The money they will be losing will be nothing to the profit they will gain once the Swiss are forced to act.
hahaha tell me how will that be if they are the ones selling eurochf, how will they know at wat time or second snb will intervene for them to close their bid orders and open longs
u did not hear those hedge funds cry after snb past intervention talking about unfair same with boj all interventions
wat profit u r talking about they are the bears- wake up wake up think think
they are the bears and pushing it down? Why do you think so?!
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  •  Guest
  • | IP XX.XX.14.89
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  • Story Stats
  • Posted: Jan 31, 2012 4:20pm
  • Submitted by:
     eFx Newz
    Category: Fundamental Analysis
    Comments: 13  /  Views: 4,714