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EUR/CHF

  • #1,681
  • Nov 25, 2011 10:09am Nov 25, 2011 10:09am
Quoting Blue.Trader
It seems he disappointed everybody with his speech! noooooooooooo
whatever you r talking about, pls relax, i need to concentrate here...
  • #1,682
  • Nov 25, 2011 10:18am Nov 25, 2011 10:18am
Oh no, we are back down...
  • #1,683
  • Nov 25, 2011 10:27am Nov 25, 2011 10:27am
lock in your profits.
  • #1,684
  • Nov 25, 2011 10:27am Nov 25, 2011 10:27am
Hehe so the rumoured statement didn't materialise. Surprise surprise. Looks like someone's been having some Friday afternoon fun. Good for them; a nice profit to be had in that upswing if you were nippy enough to get out when it started dropping just after 4GMT. I'll raise a glass of single malt to them later tonight!
  • #1,685
  • Nov 25, 2011 10:31am Nov 25, 2011 10:31am
Quoting ThisPip
whatever you r talking about, pls relax, i need to concentrate here...
I'm trying to be relax, but
I was tempted to long some more lots, but tanx God I didn't.
  • #1,686
  • Nov 25, 2011 10:32am Nov 25, 2011 10:32am
Quoting DaveUK
Hehe so the rumoured statement didn't materialise. Surprise surprise. Looks like someone's been having some Friday afternoon fun. Good for them; a nice profit to be had in that upswing if you were nippy enough to get out when it started dropping just after 4GMT. I'll raise a glass of single malt to them later tonight!
Indeed, that sure looked like the real deal for the moment.
I made a few k on this, just too bad it wasnt the real intervention.
But i am very happy anyway.
  • #1,687
  • Nov 25, 2011 10:34am Nov 25, 2011 10:34am
So what was the news ?!?
  • #1,688
  • Nov 25, 2011 10:35am Nov 25, 2011 10:35am
Intervention will come when you least expected it...they will not announce openly. So, there's still chances of intervention....
  • #1,689
  • Nov 25, 2011 10:38am Nov 25, 2011 10:38am
Quoting Doc'
So what was the news ?!?
The news was nothing, a rumor carried along by some.
The rumor was there would b an announcemnt at 16:00 GMT time from the SNB.
I knew for a fact there was none, but wasnt aware of the rumor..lol

When time came, it dropped. Too bad, but never made so much
money on a rumor.
  • #1,690
  • Nov 25, 2011 10:40am Nov 25, 2011 10:40am
We have being played...
  • #1,691
  • Nov 25, 2011 10:41am Nov 25, 2011 10:41am
Quoting DaveUK
Hehe so the rumoured statement didn't materialise. Surprise surprise. Looks like someone's been having some Friday afternoon fun. Good for them; a nice profit to be had in that upswing if you were nippy enough to get out when it started dropping just after 4GMT. I'll raise a glass of single malt to them later tonight!
Enjoy that Single Malt, good on ya Dave
  • #1,692
  • Nov 25, 2011 10:42am Nov 25, 2011 10:42am
Quoting multi888
We have being played...
so what..lol
  • #1,693
  • Nov 25, 2011 10:42am Nov 25, 2011 10:42am
Quoting Doc'
So what was the news ?!?
The SNB Chairman's cat sneezed, apparently.

Like your avatar. The line 'Confusion will be my epitaph' springs to mind right now. :-)
  • #1,694
  • Nov 25, 2011 10:44am Nov 25, 2011 10:44am
Quoting ThisPip
Enjoy that Single Malt, good on ya Dave
Thankies will do. And you enjoy your chosen tipple this evening. Well earned I reckon.
  • #1,695
  • Nov 25, 2011 10:53am Nov 25, 2011 10:53am
when there is no intervention it's good that they arrange a meeting every week. Hildebrand speech was another rumor but we made money in these two gossips.
Let's see another meeting, another money making
  • #1,696
  • Nov 25, 2011 10:53am Nov 25, 2011 10:53am
Quoting DaveUK
Thankies will do. And you enjoy your chosen tipple this evening. Well earned I reckon.
Thanks mate, will do
  • #1,697
  • Nov 25, 2011 11:00am Nov 25, 2011 11:00am
So , how many times have SNB intervened already after setting the 1.20 Floor... How many times have then that bought more currency to raise the Eur/CHF floor..

ANy Source could help a lot..
  • #1,698
  • Nov 25, 2011 11:36am Nov 25, 2011 11:36am
Would be eye open if Eurchf breaking 1.20
If there was easy money lying around,no one would be forcing it into your
  • #1,699
  • Nov 25, 2011 11:46am Nov 25, 2011 11:46am
Quoting FXMindset
Would be eye open if Eurchf breaking 1.20
Do u think so?
but they said SNB will firmly defend 1.2
  • #1,700
  • Nov 25, 2011 11:53am Nov 25, 2011 11:53am
I blame myself how come I didn't use the previous experience, I mean Hildebrand speech and fell after market understood there is no intervention.
This time, I had to short it with tight S/L.
At the moment, I understand the importance of scenario planing, and preparing ur thought in advance for every possible situations.
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