impressive rebound on both pairs EURCHF USDCHF.
Seems like some bigger players do not wanna miss the party
Thank's for your comments
I'm still long on €/CHF 4 digit profit too ! I'm enjoing the ride
- #1,482
- Nov 7, 2011 9:00am Nov 7, 2011 9:00am
- | Joined Oct 2011 | Status: Trader | 1,010 Posts
Thank's for your comments
I'm still long on €/CHF 4 digit profit too ! I'm enjoing the ride
4 digit rules!
- #1,484
- Nov 7, 2011 12:05pm Nov 7, 2011 12:05pm
- | Joined Oct 2011 | Status: Trader | 1,010 Posts
Just checked the Swiss Evening Press, headline is again, a political committee
of the national council (WAK) that is mentioning the importance of a
lift from 1.20 to 1.30 of the peg.
They do not have a big influence, and they do not doubt the independance of the SNB.
However, now that the regular Media has picked it up strongly, more rumors are created, more attention this all gets. For us, that are already in EURCHF
this is creating more price inbetween our entries which is what we were
anticipating.
Let's wait and see if one of the big boys like bloomberg or reutes are picking
the evening news up.
later guys
ps. Doc, c'est superbe, bien fait!
of the national council (WAK) that is mentioning the importance of a
lift from 1.20 to 1.30 of the peg.
They do not have a big influence, and they do not doubt the independance of the SNB.
However, now that the regular Media has picked it up strongly, more rumors are created, more attention this all gets. For us, that are already in EURCHF
this is creating more price inbetween our entries which is what we were
anticipating.
Let's wait and see if one of the big boys like bloomberg or reutes are picking
the evening news up.
later guys
ps. Doc, c'est superbe, bien fait!
- #1,485
- Edited 12:50pm Nov 7, 2011 12:37pm | Edited 12:50pm
Just checked the Swiss Evening Press, headline is again, a political committee
of the national council (WAK) that is mentioning the importance of a
lift from 1.20 to 1.30 of the peg.
They do not have a big influence, and they do not doubt the independance of the SNB.
However, now that the regular Media has picked it up strongly, more rumors are created, more attention this all gets. For us, that are already in EURCHF
this is creating more price inbetween our entries which is what we were
anticipating.
Let's wait and see if one of the big...
Merci beaucoup
We are back in the H4 channel, so just need a little patience before our targets are rechead...
1.24 have been broken... This is a good step for today
Happy green pips to you hombre
Merci beaucoup
We are back in the H4 channel, so just need a little patience before our targets are rechead...
1.24 have been broken... This is a good step for today
Happy green pips to you hombre
The only problem from my point of view is the gap from yesterday... There is none on my broker, but on the majority there is !
definetly no intervension. just released rumours. even euro crisis will push frank down couple hundred pips there will be no intervention..
i've shorted to early, at 1.2390. should've wait for hour or two till it was 1.2420
hope that gap will close =)
dont forget to set SL .. just in case .. use tight SL. 30-40 pips to risk..
Hi there
Do me a favor and refrain from stating something as certain, when the only thing that is for sure that nothing is certain.
- Who ever wanna use regular technical analysis for this pair, be my guest.
- Who ever wanna short this pair because it has to technically, be my guest.
Many things appear to be random events. Let me assure you they are not.
I do not wanna get into more detail anyway.
regards tp
ps. make sure you check the spread at this hour, it is rather big. 7-9pips.
- #1,497
- Nov 7, 2011 6:16pm Nov 7, 2011 6:16pm
- | Joined Oct 2011 | Status: Trader | 1,010 Posts
going to wait for retracement before bidding (if there's good one) ..
- #1,499
- Edited 6:52pm Nov 7, 2011 6:31pm | Edited 6:52pm
- | Joined Oct 2011 | Status: Trader | 1,010 Posts
Not posting a chart at the moment but look at the trendline on the weekly.
Thanks for pointing that out, looks very nice to me and thinking
about it....i would.....call this........a .....
-.......Trend Change!
Edit1: We busted through 1.2420 stops (20pips for them 1.24 shorters) rather EASY. ...