GBP/CHF and USD/CHF 954 replies
Correlation EUR/USD, USD/CHF, EUR/CHF (Humour me please... Thx) 8 replies
EUR/CHF, USD/CHF turning up? 1 reply
Using usd/chf - eur/usd correlation to see moves in EUR/USD 46 replies
Dislikeddont sell kimd, just buy[/quote
yes, I bought at 14625, then sold after the first pump, not again though, but thanksIgnored
DislikedUBS:
EURCHF: looming interventions? (February 4, 2010, 5:48 PM)
EURCHF dropped to its lowest level since the intervention took place last Friday. The SNB committed to preventing any excessive appreciation of the CHF against the EUR. We expect the SNB to intervene again should the CHF continue to appreciate against the EUR in the coming days.Ignored
Dislikedyes, but how can they intervene in the middle of the night, maybe it is because it hit a significant level where there were buyers.Ignored
DislikedSean Lee @ forexlive sez:
I’ve spoken with a couple of traders but as yet have no official confirmation that the Swiss National Bank are awake at 4am in the morning in Zurich, terrorising traders on the EBS. I certainly hope they were in the market because otherwise there’s gonna be a hell of a stink! USD/CHF is at 1.0740.Ignored
DislikedSean Lee @ forexlive sez:
I’ve spoken with a couple of traders but as yet have no official confirmation that the Swiss National Bank are awake at 4am in the morning in Zurich, terrorising traders on the EBS. I certainly hope they were in the market because otherwise there’s gonna be a hell of a stink! USD/CHF is at 1.0740.Ignored
DislikedAnd there was a reason why 99% of retail traders longed this position earlier today.Ignored
DislikedEUR/CHF has been overweight retail longs for months. Are you suggesting the idiots who held all the way down from 1.5 had a "reason" along the lines of being able to see todays intervention?
My arse.Ignored
DislikedIt hasnt been 21:1 since 1.5, its been top 4:1 until all the bad data from eur came out then jumped up 21:1.
It was a given intervention would occur, chf had to devalue itself to the euro when all that data came out.
So arse yourself all you want, all anyone had to do was look at the signs to see this was coming, and coming soon.Ignored
DislikedDailyfx's SSI Shows both current SSI and past SSI.
When I posted earlier this afternoon SSI was at 20.8:1. The highest its been in years.
Im not going to sit here and argue with you about something that has happened already that I called out earlier before it happened.
If you didnt see the intervention coming that most people did then thats on you not on me or everyone else, perhaps you should re evaluate your methods.
So anyhow, Im not going to sit here and argue with you, Good luck in your trades.Ignored