" you can't consume more than you produce "
GBP/CHF and USD/CHF 955 replies
Correlation EUR/USD, USD/CHF, EUR/CHF (Humour me please... Thx) 8 replies
EUR/CHF, USD/CHF turning up? 1 reply
Using usd/chf - eur/usd correlation to see moves in EUR/USD 46 replies
DislikedWhen you trade forex, just push the wrong button and you win every time.( same for SNB)Ignored
DislikedThat 5 pips cost them 25 million chf and 3 days of non-stop work....well done!Ignored
DislikedSNB forgot how to press the button, they might need a few months to pass more government regulation so that they can approve going back to school to learn how to sell CHF.Ignored
DislikedSorry guys but I think some of us mistaken central bank (SNB) with a trader. I mean - cental bank cannot act predictable in any way and cannot use rules which all of us use while trading. In my opinion bank intervention has the best effects when it's unpredictible. If most of us could predict when the intervention would be then we could use it to speculate. But remember - central bank intervention is to prevent from speculating so they must act in a way that discourages from speculation. And I think that's what it does right now. Unfortunatelly...Ignored
DislikedMy script for six months following action:
EUR / CHF 1.30 (down from 1.35)
Eur / Yen 110. (Down from 116)
Intervention from SNB and BOJ Big from 1.1980 EUR / CHF and EUR 90.00 / Yen.Ignored
DislikedAgreed, I feel like this pair is being watched by everyone. We will need test the SNB at 1.20 along with a fundamental move to set it off.Ignored
DislikedSorry guys but I think some of us mistaken central bank (SNB) with a trader. I mean - cental bank cannot act predictable in any way and cannot use rules which all of us use while trading. In my opinion bank intervention has the best effects when it's unpredictible. If most of us could predict when the intervention would be then we could use it to speculate. But remember - central bank intervention is to prevent from speculating so they must act in a way that discourages from speculation. And I think that's what it does right now. Unfortunatelly...Ignored
Dislikedhttp://www.businessweek.com/news/201...oyds-says.html
"Jan. 19 (Bloomberg) -- Investors should buy the euro against the Swiss franc in a bet the Swiss National Bank will maintain its ceiling of 1.20 against the 17-nation currency, according to Lloyds Capital Markets."
"...The Lloyds analysts recommended buying three-month forward contacts on the euro against the franc at 1.2068, with a target of gaining to 1.2325. They suggested a stop-loss order at 1.990 to protect investors...Ignored
Dislikedhttp://www.businessweek.com/news/201...oyds-says.html
"Jan. 19 (Bloomberg) -- Investors should buy the euro against the Swiss franc in a bet the Swiss National Bank will maintain its ceiling of 1.20 against the 17-nation currency, according to Lloyds Capital Markets."
"...The Lloyds analysts recommended buying three-month forward contacts on the euro against the franc at 1.2068, with a target of gaining to 1.2325. They suggested a stop-loss order at 1.990 to protect investors...Ignored