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- candeloro replied May 1, 2012
Read here, what happened that day: url
- candeloro replied Apr 27, 2012
I do not expect an increase of the PEG I think the price will establish a new trend to the upside, if this pair is "allowed" to move at all.
- candeloro replied Apr 27, 2012
I have a buy order above 1.2040 Now I am just trading in between waiting for 1.2005 to go long (would not go short)
- candeloro replied Apr 27, 2012
The problem with this is that especially the low capitalised traders fall for these "no brainer trades". Everybody and his uncle went long expecting the PEG to hold and to double,triple or whatever their money. Small risk, high reward seems too good ...
- candeloro replied Apr 27, 2012
Who tells you that the SNB is not doing something? Intervention does not mean that the price has to go up 2% They could be buying from time to time at between 1.2010 and 1.2014 and sell at 1.2020 to make some money and keep the price in a narrow ...
- candeloro replied Apr 27, 2012
What you are saying does not make sense. I accept the basic opinion you have but tell me: If you are the SNB, what would you do? You would wait now, then let the PEG break and then have to fight all the stopp/losses that are hit to buy the market ...
- candeloro replied Apr 27, 2012
What is "the market" waiting for? If they wanted they only need to trade it 1% lower to get all the S/L taken out. Like I said before, the SNB does not want to reward gamblers with free money. They will protect their economy and keep the price at ...
- candeloro replied Apr 27, 2012
Do not understand. Why would someone go bankrupt closing his/her position? Some would take a loss, thats right.
- candeloro replied Apr 27, 2012
But it does not make sense to keep short positions as well. The SNB will not let the price go below 1.20. Only the bucketshops could print a price below the 1.20 spot by widening their spreads but this would not benefit the short sellers. It is only ...
- candeloro replied Apr 18, 2012
A (hourly) close over 1,2040 would be nice to indicate a change of trend.
- candeloro replied Apr 18, 2012
Link? He said as far as I know that the SNB will not allow any trades under 1.20 from official involved banks or markets!
- candeloro replied Apr 17, 2012
It is not me VS you. I just recognised that you seem to be caught up in a SNB action excitement from reading your posts of the last days and I wonder if that helps to execute a trade (being pro or not). From my perspective it does not help to find ...
- candeloro replied Apr 17, 2012
Were these price levels executed? Does mean some guys had a great buy-price as well? Or is it a non action missprint on the chart only?
- candeloro replied Apr 17, 2012
No, no chance!! Now please sell you position to me for 1.2005 as I am buying there! image
- candeloro replied Apr 17, 2012
The only one that is thrilled is you! Nothing will happen. The SNB is not one or two traders on duty that go home and everything is "in danger" There is a machinery working. You will not see an official price below 1,20. Only bucket shops could go ...
- candeloro replied Apr 17, 2012
I accept other opinions but letīs be realistic. If you would be a very rich hedgefund and would think about making money would you try to fight a PEG? Only if you know that you have the power to break the PEG to profit huge. In this case the SNB has ...
- Posts by Member Search: 'candeloro'