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EUR/CHF

  • #2,601
  • Jan 30, 2012 8:19am Jan 30, 2012 8:19am
looks like they are going to intervene soon, but do not expect fireworks. I guess price will be around 1.2-1.22 for a time being.
  • #2,602
  • Jan 30, 2012 8:28am Jan 30, 2012 8:28am
At this point I donīt really care if they raise the peg, I would settle for the price to go back to 1.23 or even 1.22, what I hope is that they wonīt let the price stab 1.20, that would seriously damage my account.
  • #2,603
  • Jan 30, 2012 8:32am Jan 30, 2012 8:32am
3 longs now at 1.2069, 1.2055 and 1.2045. This thing better move soon, SL at all 3 at 1.19, I will be taking a big hit if they let the ped slip
  • #2,604
  • Jan 30, 2012 8:37am Jan 30, 2012 8:37am
Read something while we waiting for Godot (SNB)

http://www.forexlive.com/blog/2012/0...-palms-at-snb/
  • #2,605
  • Jan 30, 2012 8:40am Jan 30, 2012 8:40am
it seems like most will take big hits if the price stabs 1.20
  • #2,606
  • Jan 30, 2012 8:46am Jan 30, 2012 8:46am
If SNB won't defend peg and let it drop down hundred pips it will be for retail traders the biggest loss for decade. There will be plenty of massive losses. We will remember this loss for long time. I hope it will not happen.
  • #2,607
  • Jan 30, 2012 8:50am Jan 30, 2012 8:50am
Quoting dimitri
If SNB won't defend peg and let it drop down hundred pips it will be for retail traders the biggest loss for decade. There will be plenty of massive losses. We will remember this loss for long time. I hope it will not happen.
I hope that wldn't happen...
  • #2,608
  • Jan 30, 2012 8:51am Jan 30, 2012 8:51am
Quoting dimitri
If SNB won't defend peg and let it drop down hundred pips it will be for retail traders the biggest loss for decade. There will be plenty of massive losses. We will remember this loss for long time. I hope it will not happen.
then you would have to thank speculators for this failure, and not blaming SNB that they were not able to protect it. They will try, but they cannot ruin whole country economy to protect exports
  • #2,609
  • Jan 30, 2012 8:53am Jan 30, 2012 8:53am
Quoting Forexgain
I hope that wldn't happen...
and so many people have mortgages and loans in CHF.... I hope will go north!!!
  • #2,610
  • Jan 30, 2012 8:57am Jan 30, 2012 8:57am
Things are starting to get interesting. The trillion dollar question: Who will intervene first?
SNB or BOJ ??hahahaha
Bismillah
  • #2,611
  • Jan 30, 2012 9:01am Jan 30, 2012 9:01am
Quoting krunfx
Things are starting to get interesting. The trillion dollar question: Who will intervene first?
SNB or BOJ ??hahahaha
You are a funny man, always ....haaahhaaaha
I think this case is not funny maybe a lot of money.
  • #2,612
  • Jan 30, 2012 9:01am Jan 30, 2012 9:01am
Quoting krunfx
Things are starting to get interesting. The trillion dollar question: Who will intervene first?
SNB or BOJ ??hahahaha
Of course SNB lah...
  • #2,613
  • Jan 30, 2012 9:06am Jan 30, 2012 9:06am
What is BOJ by the wya... can anyone explain..& IS There any comeptoion btw boj and snb...
  • #2,614
  • Jan 30, 2012 9:10am Jan 30, 2012 9:10am
Quoting multi888
Of course SNB lah...
hahaha...but the european session is near close....i not see any snb action..hahah
Bismillah
  • #2,615
  • Jan 30, 2012 9:10am Jan 30, 2012 9:10am
Quoting farhaj
What is BOJ by the wya... can anyone explain..& IS There any comeptoion btw boj and snb...
BOJ is Bank of Japan
  • #2,616
  • Jan 30, 2012 9:12am Jan 30, 2012 9:12am
Quoting krunfx
hahaha...but the european session is near close....i not see any snb action..hahah

BOJ also close...so no intervention today for both SNB and BOJ.
  • #2,617
  • Jan 30, 2012 9:15am Jan 30, 2012 9:15am
Quoting farhaj
What is BOJ by the wya... can anyone explain..& IS There any comeptoion btw boj and snb...
BOJ : Bank of Japan
SNB : Swiss National Bank
  • #2,618
  • Jan 30, 2012 9:16am Jan 30, 2012 9:16am
Quoting multi888
BOJ also close...so no intervention today for both SNB and BOJ.
i mean..boj tomorow...
Bismillah
  • #2,619
  • Jan 30, 2012 9:19am Jan 30, 2012 9:19am
Quoting krunfx
i mean..boj tomorow...
I still do not get it.. what deos BOJ have to do with ERU/CHF peg of 1.20 .. can they also intervene and make something happen or what..

tell me properly about this BOJ as well..
  • #2,620
  • Jan 30, 2012 9:19am Jan 30, 2012 9:19am
Quoting krunfx
i mean..boj tomorow...
May be... if there's any intervention by BOJ then that wl come in between 06-08 AM (IST) tmrw else not.... last time i took a long ride in U/J by opening few fresh longs position at 05:50 AM (IST) and almost after an hour time intervention came...
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