DislikedMy expectation for Eur/usd
Tomorrow is Bullish ( not 100 %)
Weekly is Bullish (not 100 %)
let see tomorrow:
good luck for every bodyIgnored

i just reached to my goal.
even thuogh i miss the direction of asian market
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DislikedMy expectation for Eur/usd
Tomorrow is Bullish ( not 100 %)
Weekly is Bullish (not 100 %)
let see tomorrow:
good luck for every bodyIgnored
Dislikedplease could someone tell me what just happened in the forex market? Ws there some announcement? I haven't seen this sort of price spike outside NFP! And for the record, I am sorry for anyone trading seriously with the likes of FXpro. They shut us out as soon as pricing started the spike. Only cos I also trade thru alpari ..whom I consider dodgy too...did I see what happened!Ignored
Dislikedfor people who think EURCHF is worth shorting now...
watch out for your ass being burnt...
this is the official statement...
"Swiss National Bank sets minimum exchange rate at CHF 1.20 per euro
The current massive overvaluation of the Swiss franc poses an acute threat to the Swiss economy and carries the risk of a deflationary development.
The Swiss National Bank (SNB) is therefore aiming for a substantial and sustained weakening of the Swiss franc. With immediate effect, it will no longer tolerate a EUR/CHF exchange rate below the minimum...Ignored
DislikedThis is forex, never trust what you read. I'm sure there are plenty out there who think the SNB is bluffing and can't/won't hold the line.Ignored
Dislikedplease could someone tell me what just happened in the forex market? Ws there some announcement? I haven't seen this sort of price spike outside NFP! And for the record, I am sorry for anyone trading seriously with the likes of FXpro. They shut us out as soon as pricing started the spike. Only cos I also trade thru alpari ..whom I consider dodgy too...did I see what happened!Ignored
Dislikedroger on the yen... SNB intervention usually gives Yoda the 'balls' to act. Remember the previous yen intervention was 2 days after SNB intervention.
UJ is more or less starting to price that in, it's maintaining above 77.00 even as other non chf USD crosses quickly retracing their spikes...Ignored
DislikedBy the way when you say Market.... big banks are the Market... and SNB is one of them... dont be surprised when i tell you SNB works with other banks to push for the peg on EURCHF at 1.2... that'll leave retail traders like us in a pickle dick if you try shorting it thinking its on SNB working alone....
http://www.forexlive.com/blog/2011/0...n-eurchf-rate/
i would like to say the Swiss has enough to discourage any shorting EURCHF below 1.1...
1.2 may be broken but swiss will intervene again...Ignored
Dislikedthey're gona get burnt if they expect to win TODAY shorting 1.2 because of SNB bluff...
ECB is on board this move...
http://www.forexlive.com/blog/2011/0...n-eurchf-rate/Ignored
DislikedNo CB in history has ever beaten the market and SNB will not be first. Period.
SebIgnored
DislikedYeah, I know it's highly unlikely. But you know how the market likes to move in the direction that hurts the most. The SNB and ECB aren't the only big boys on the block and the market is a vicious place. Maybe China feels like fucking with them for shits and giggles.Ignored
DislikedNo CB in history has ever beaten the market and SNB will not be first. Period.
SebIgnored
DislikedCheck out Soros here
But i guess its true, although it would need a catalyst such as a nuclear move in the EUR (Much like Soros had the i/r differentials on his side)Ignored
DislikedYes last 3 attempts have all failed, will be interesting what tool he use, wont be chfgeppy 132 this spike, he just got 8 hrs respite
much yen news tomorrow, imagine if he unleash tonight US session, should be signs pricing in tonight anyway, 1 intervention a day is enought, 2nd one might implode market,
Dust is settlling, back to work
Be on the right side bro.Ignored