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Attachments: EUR/CHF
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EUR/CHF

Guys, thank's for yours replays. I don't put the target because I start this trade based on Profitunity by Bill Williams. I enter with small lot so my risk was about 3-4%. Today I closed all positions with small profit (yesturday was much better, but...). All three charts EURCHF, GBPCHF, USDCHF shows that the markets don't want long position, but some "forces" say "You must go in long".
What is happen with this pair? Who , what will make? First speculators sell and price go to 1.1800 , he kill all stop's and price go to 1.2050 again.
I think because of the cap at 1.20 by the swiss bank, this is a good opportunity to go long possibly from 1.2030 upwards 100 to 200 pips and keep taking small profits. put S/L at 1.18 incase something happens.

I would only go long, not short, because if the Eur does go below 1.20 and the swiss bank decide to sell again and the price does go high again you could incur big losses.

interesting to see what happens next week.
Im strong bullish .. two positions .. SL 1.1975 TP 1.2170 and 1.2390 .. when i checked open sentiment i saw that 75% are bulls and 25 % bears
This pair is dead! After Italy downgrade, in normal situation this information will boost CHF 2-3% ( I remember Greece, Portugal, Ireland downgrade ) but what is happened? Nothing. EUR/CHF change 0.001%
The pair is spiking up. SNB intervening again? No movement on the Euro part only the CHF going down.
Make your losses in demo. Earn your profits live.
Quoting Forexia
The pair is spiking up. SNB intervening again? No movement on the Euro part only the CHF going down.
Meybe, Swiss 2 years bonds are ( again ) in below zero. -0.04

Last time when 2Y bonds was below zero SNB peg/cap CHF. ( coincidence? )
Quoting random8
Meybe, Swiss 2 years bonds are ( again ) in below zero. -0.04

Last time when 2Y bonds was below zero SNB peg/cap CHF. ( coincidence? )
Just saw the news. OMG! It's moving on a rumor??!! Well, if it's a rumor, the spike will be temporary.
Make your losses in demo. Earn your profits live.
theres a rumor floating around they might move the peg to 1.2500
Quoting SnapCracklePip
theres a rumor floating around they might move the peg to 1.2500
if so, that would be fantastic...
Crazy market! I will try with a long form 1.2170 ...
minrax
Quoting SnapCracklePip
theres a rumor floating around they might move the peg to 1.2500
If that's what they REALLY want, they are doing a fantastic job of it. Just let out a little rumor out of the back door and let the market do all the job and not spend a cent in the process. By the time this rally is done, the pair will be more than 1.25.
Make your losses in demo. Earn your profits live.
Quoting @40
Crazy market! I will try with a long form 1.2170 ...
i will wait for 1.2130 and set stop to 1.2090, not sure if it will get to there though.
Quoting Forexia
If that's what they REALLY want, they are doing a fantastic job of it. Just let out a little rumor out of the back door and let the market do all the job and not spend a cent in the process. By the time this rally is done, the pair will be more than 1.25.
I don't mind playing theri game, as soon as I am profitable
minrax
Quoting Yuchen
i will wait for 1.2130 and set stop to 1.2090, not sure if it will get to there though.
I won't wish you luck, because at 1.2130 I will have to close my long with a loss
minrax
Quoting @40
Crazy market! I will try with a long form 1.2170 ...
Closed -40 pips . Enough for today
minrax
Quoting @40
Closed -40 pips . Enough for today
I see. I just enter the long at 2130 and i have 5 longs now,

0.1 long at 2013 with s/l 1980
0.1 long at 2025 with s/l 2090
0.1 long at 2030 with s/l 2090
0.2 long at 2130 with s/l 2090

will see how market goes !
Quoting @40
Closed -40 pips . Enough for today

yes, it is crazy.. as long as you earn enough in total trade and you feel happy that is good. not greedy and not coward is important for success !
Ok, the PEG intervention took it to around 1.21941 but it eventually settled down to around 1.20667
Gonna set up a short around 1.21414 with a tight SL and see if I can catch the retrace back to the 1.20776 area.
Short 1.21941
SL 50
target 1.20776

Might take about an hour, which is how long it took last time to settle down.
Unless of course the rumors of a 1.25000 peg are true, then I'll get nada.

Sorry, I've a 5 digit broker
More than a grain of salt is advisable
Quoting random8
This pair is dead! After Italy downgrade, in normal situation this information will boost CHF 2-3% ( I remember Greece, Portugal, Ireland downgrade ) but what is happened? Nothing. EUR/CHF change 0.001%

Think you spoke too soon, gone long 130pips.
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