EUR/CHF

I see the interest of traders on this pair is getting lower day after day, also the COT show that the short positions on chf went slightly lower in the previous week.
Yeah the market is on a possible turning point on many instruments, great opportunities are here and see the dance but can't partecipate because of the margin taken by the eurchf is really demotivational.
With the pair moving not more than 10pips everyday, and probably will continue like this for months... My patience also is starting to tremble.
Eurchf please wake up!

forexfactory: SNB calling for media conference Wed March 7th

its interesting....
on 8th will come important cpi data..
i hope eurchf starts to go up ...

Must be with regards to who will be the Chairman...hopefully its positive.

With a new Chairman I hardly think its going to be much of an impact, if they'd still go around ranting that the floor is @ 1.20. We know that already.

Gerry Davies, Forexlive.com
bank council of SNB will present findings of an inquiry into private financial transactions of the SNB enlarged governing board

Looks like nothing super is going to happen in the medium-term, maybe 1.32/1.33 is the max we can expect. enjoy

1.32/1.33 EURCHF?

Yes, 5pips today 5pips tomorrow it will reach the target in less than 10 years!

No its not for new chairman
In Swiss government work with the federal to decide on new name that will be in April . 2 new members will be introduced at that time.

This is to conclude the finding of the KPMG in swiss inquiry against jordan, other swiss members.
They may show faith in jordan again but nothing more than is expected.

Greece is still there so will wait for swap to happen.

I am back to short scalping with this pair
Last month was good that way 4-5 big pips.

Total given by this pair last 2 week is 1100
today so far 100$

buying below 1.2059 and selling above 61,62
450000 lot

and if it goes below 1.2040 add more to average out for closing.

I think it should work till 8th atleast and then either way or keep same depending on commentary and NFP

EurChf forecast:

(boring)

what is the time of blastoff ?

http://www.forexfactory.com/attachme...1&d=1331023467

Just triggered my buy order, patience is a virtue

Missed by second entry today

First was good for 3 pips-->140$

Hope will see some pull back to 50 to get entry

I guess we'll know something at the latest about 6PM GMT tomorrow:



Nice wedge forming, which could mean a breakout is coming. In which direction is written in the stars.

35.000.438... starting count down