GBP/CHF and USD/CHF | Page 40 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/CHF, USD/CHF

Similar Threads

EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 15 replies

GBP/AUD, GBP/CAD, GBP/CHF and GBP/NZD thread 126 replies

What caused this hourly spike on the EUR/GBP and GBP/CHF? 2 replies

Can only view EUR/USD, GBP/USD, USD/JPY, USD/CHF through broker? 1 reply

why trade gbp/usd when gbp/chf is more predictable ? 4 replies

Attachments: GBP/CHF and USD/CHF
Exit Attachments

GBP/CHF and USD/CHF

  • #781
  • Aug 10, 2011 1:03am Aug 10, 2011 1:03am
Quoting Jazznos
but sure would love to make that back! GL
Go short again
  • #782
  • Aug 10, 2011 1:06am Aug 10, 2011 1:06am
Quoting the-game
Go short again
LOL.. maybe id be safe with a 120pip SL??!
  • #783
  • Aug 10, 2011 1:07am Aug 10, 2011 1:07am
IF CHF is overvalued, and SNB intervenes, then value is CHF should go down...which shud make GBPCHF and USDCHF to rise right?

Why are we shorting then?
  • #784
  • Aug 10, 2011 1:13am Aug 10, 2011 1:13am
Quoting reachjj
IF CHF is overvalued, and SNB intervenes, then value is CHF should go down...which shud make GBPCHF and USDCHF to rise right?

Why are we shorting then?
THe last intervention we saw a 350 pip sudden surge, i dont think weve seen an invervention yet, it would be all over the news. But yes, it rises on this pair when that happens...
  • #785
  • Aug 10, 2011 1:18am Aug 10, 2011 1:18am
There she goes... looks like you missed it
  • #786
  • Aug 10, 2011 1:20am Aug 10, 2011 1:20am
Quoting reachjj
IF CHF is overvalued, and SNB intervenes, then value is CHF should go down...which shud make GBPCHF and USDCHF to rise right?

Why are we shorting then?
SNB intervention caused these two pairs to rise in a short amount of time.

If you knew how these pairs reacted to SNB interventions, you'd be shorting right after the intervention like I did.

Jazz: I'm just playing off the recent experiences with these pairs and the SNB interventions - and the fact that the money has been flowing into the CHF for a while.
  • #787
  • Aug 10, 2011 1:22am Aug 10, 2011 1:22am
Quoting the-game
SNB intervention caused these two pairs to rise in a short amount of time.

If you knew how these pairs reacted to SNB interventions, you'd be shorting right after the intervention like I did.

Jazz: I'm just playing off the recent experiences with these pairs and the SNB interventions.
Cool, well i got in a little late, 1848 region, but f*ck me i hope it drops like a stone now....!
  • #788
  • Aug 10, 2011 1:23am Aug 10, 2011 1:23am
Quoting Jazznos
Cool, well i got in a little late, 1848 region, but f*ck me i hope it drops like a stone now....!
Trail that profit like a mofo!!

EDIT: A quick 40 pips profit locked in ... SL at 1.1816
  • #789
  • Aug 10, 2011 1:30am Aug 10, 2011 1:30am
Jazz: you may be right that it wasn't an SNB intervention... wasn't that huge. Big Player Stop hunt maybe?
  • #790
  • Aug 10, 2011 1:32am Aug 10, 2011 1:32am
Quoting the-game
Jazz: you may be right that it wasn't an SNB intervention... wasn't that huge. Big Player Stop hunt maybe?
Thats what it felt like to me. Motherfuckers!
  • #791
  • Aug 10, 2011 1:35am Aug 10, 2011 1:35am
Just trail the reaction of whatever that was and get your money back Happy Days

Here's another surge Yippee!
EDIT: Whoa, look at it go! Early rush of orders coming in!!!
  • #792
  • Aug 10, 2011 1:41am Aug 10, 2011 1:41am
Quoting the-game
Just trail the reaction of whatever that was and get your money back Happy Days

Here's another surge Yippee!
EDIT: Whoa, look at it go! Early rush of orders coming in!!!
Go baby go! Down to 1138 or 0930 would be just lovely...
  • #793
  • Aug 10, 2011 1:43am Aug 10, 2011 1:43am
I'd be closing my trade just before London open, and might re-enter if it looks to go down further.

EDIT: I've closed my trade for ~120 pips
  • #794
  • Aug 10, 2011 1:58am Aug 10, 2011 1:58am
Quoting the-game
I'd be closing my trade just before London open, and might re-enter if it looks to go down further.

EDIT: I've closed my trade for ~120 pips
Good move. Im greedily holding on watching my profits evaporate hoping it will keep going down. Wish me luck!!
  • #795
  • Aug 10, 2011 2:01am Aug 10, 2011 2:01am
NOW it looks like intervention!!! got out just in time...! lol
EDIT: um WTF is going on here with this whipsawing?? NFP noone told anyone about?? LOL
  • #796
  • Aug 10, 2011 2:02am Aug 10, 2011 2:02am
You should have got out
  • #797
  • Aug 10, 2011 2:03am Aug 10, 2011 2:03am
Now wait for the right time to get in short again.
  • #798
  • Aug 10, 2011 2:04am Aug 10, 2011 2:04am
Quoting the-game
Now wait for the right time to get in short again.
Yup, intervention:
http://www.forexfactory.com/news.php?do=news&id=308917
  • #799
  • Aug 10, 2011 2:15am Aug 10, 2011 2:15am
I'm gonna give these pairs a rest for today... Hope you make your profit target today Jazz
  • #800
  • Aug 10, 2011 2:19am Aug 10, 2011 2:19am
Quoting the-game
I'm gonna give these pairs a rest for today... Hope you make your profit target today Jazz
Thanks bro... no profit but at least cut my loss down to something less depressing on that last one. Bailed out seconds before that intervention hit!!! Catch ya soon...
0 traders viewing now