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- Phoenix Mgmt commented Apr 11, 2012
some guy making me easy $. ty random guy
Jim O’Neill: SNB May Raise The Peg
- Phoenix Mgmt commented Apr 10, 2012
I'm done commenting on this pair, but I'm going to leave the conversation on one last note. The article states: "What Switzerland has done then is to perhaps fend off speculators for a time but leave themselves hugely vulnerable to events." ...
Switzerland's line in the sand
- Phoenix Mgmt commented Apr 10, 2012
actually it's not a similar situation, but I'm done arguing about this pair on ff. waste of my time. this is my last post about the eurchf on ff. in the meantime putting my money where my mouth is--long
Jordan: SNB Can't Exclude EUR Being Offered Below CHF1.20 In Future
- Phoenix Mgmt commented Apr 10, 2012
I am bearish on the eurusd myself, but that's a big "if" there. imho the peg is safe for now. eurusd is trading pretty far above it's yearly low. the kind of "tank" you are describing, an ambiguous description in itself, would likely require ...
Jordan: SNB Can't Exclude EUR Being Offered Below CHF1.20 In Future
- Phoenix Mgmt commented Apr 10, 2012
quite possibly the dumbest comment I've read on FF all year. it's possible you are as retarded as your avatar looks! long from 1.20xx for the 3rd time this year. TP: 1.21xx, unless intervention occurs in which case sky is the limit.
Jordan: SNB Can't Exclude EUR Being Offered Below CHF1.20 In Future
- Phoenix Mgmt commented Apr 10, 2012
this release proves and reaffirms every post I've made about this pair on FF this year. ignore the paranoid delusional idiots on FF still claiming the floor won't hold even though they themselves have limited understanding of central banking, Swiss ...
Jordan: Discussion on the topic of the euro/Swiss franc minimum exchange rate
- Phoenix Mgmt commented Apr 5, 2012
I'm trading eurchf with the same "utmost determination" as SNB. this is one of those rare trades where I'm not using stops and will only be stopped out on a margin call, which is veryyyyy far down south atm
SNB says it will continue to defend CHF 1.2000 per EUR level
- Phoenix Mgmt commented Apr 5, 2012
They didn't lose their credibility with me. In my mind "defending" a price simply means that in the end they will protect it. The SNB doesn't care if it temporarily dips down 10 pips or 100 pips or even 300 pips. Hell it could drop to 1.1 and they ...
SNB says it will continue to defend CHF 1.2000 per EUR level
- Phoenix Mgmt commented Apr 5, 2012
so price temporarily dropping a few pips below 1.2 is "a train smashing eurchf?" lol seriously? this train you are on. do you even know who is on it leading the speculative attack? of course you don't I don't know where you are getting your analysis ...
EUR/CHF spikes 30 pips lower, briefly breaks 1.2000
- Phoenix Mgmt commented Apr 5, 2012
yes but the sleeping giant is awake now and apparently SNB isn't on a banking holiday like the rest of the country. just remember what I said above. this isn't 1992, this isn't the BOE, and you aren't Soros. gluck with shorts
EUR/CHF spikes 30 pips lower, briefly breaks 1.2000
- Phoenix Mgmt commented Apr 5, 2012
this isn't 1992 and this isn't the bank of england. keep that in mind before you bet against a sovereign
EUR/CHF spikes 30 pips lower, briefly breaks 1.2000
- Phoenix Mgmt commented Apr 5, 2012
all out speculative attack
EUR/CHF spikes 30 pips lower, briefly breaks 1.2000
- Phoenix Mgmt commented Apr 5, 2012
soros and other speculators did "break the bank" of England, but the fundamentals behind that speculative move were far different. Soros himself has already been interviewed saying he wouldn't try to short the eurchf peg. Even if you think his ...
Euro/Swiss Franc Nears 1.20, Swiss National Bank Hovers-Trade Setups?
- Phoenix Mgmt commented Apr 4, 2012
strategy. buy 1.204 (reloaded atm), .203 (reloaded atm), .202. 300 pip stop. Leveraged as much as you can afford. I consider this low risk capital investment. If mass intervention starts let it run for at least 4 hours before beginning to take ...
Euro/Swiss Franc Nears 1.20, Swiss National Bank Hovers-Trade Setups?
- Phoenix Mgmt commented Apr 3, 2012
spoken like a greedy ignorant forex trader
Euro Zone Needs a Divorce: Roubini
- Phoenix Mgmt commented Apr 3, 2012
people think the Soviets lost the Cold War, but the global elites simply ended their support for the Cold War and the Soviet Myth because these things had accomplished their goals. The NWO was ready to go into the next phase of development--called ...
Fed’s Lockhart Says Rising Rates Would Argue For More QE
- Phoenix Mgmt commented Apr 3, 2012
It's pretty easy to demonstrate how invalid any comparison of the US and European political-economic systems are both historically and functionally. The US has a couple hundred year old Union with a federated political system that allows funds to be ...
Euro Zone Needs a Divorce: Roubini
- Phoenix Mgmt commented Apr 3, 2012
this phenomenon is known as "buy the rumor, sell the fact" amongst traders. The Euro is infamous for rallying off of hope. The "rumor" in the market is that the EZ has stabilized and contagion risks are at least temporarily contained since LTRO2 + ...
Firewall Top-Up Signals Eurozone Expects Crisis to Worsen
- Phoenix Mgmt commented Apr 2, 2012
amazing how this analysis utterly forgets to remember or mention how the SNB claims "utmost determination" to hold the peg and that they are "always ready" with "unlimited funds." The fact that NOBODY has made a serious effort to short the floor ...
EUR/CHF minor bounce from range floor - MIG Bank
- Phoenix Mgmt commented Apr 1, 2012
euro and the usd are both F***d in the long run. the only question is which takes the deep dive first. both are on the operating table currently. just look at the facts and keep a perspective on history: people need to remember the US is the premier ...
HSBC China Manufacturing PMI