markets r still very optimistic. like.
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DislikedI think if they will rise the peg, firstly they have to break peg of 1,20, because it's cheaper for them
What would you do if you were the SNB? what would you do if you have to use your money? it would be better for you if the peg was broken because you can take a lot of SL and it would be easier and cheaper for you.Ignored
DislikedGood idea, an ideal trade would be to sell right now, tp 1.20, no stoploss.
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DislikedI think if they will rise the peg, firstly they have to break peg of 1,20, because it's cheaper for them
What would you do if you were the SNB? what would you do if you have to use your money? it would be better for you if the peg was broken because you can take a lot of SL and it would be easier and cheaper for you.Ignored
DislikedNo seriously, it the peg get broken it means that the snb lost the game with big losses also, for sure (sure? nothing is sure) the snb is not going to break its own peg and suicide it's worldwide financial credibility.
As some say remain true that, fight against a whole market is a dangerous game, so anything can happen, but i just have my own theories and trade strictly them.
Yes an ideal trade would be a stoporder at 1.21 and another at 1.19, so whatever happen you are on the right side.
But once again, price may go to 1.21, and fall back to...Ignored
Dislikedwe don't know what will happen but we should run the lower risk possible and it's dangerous to buy nowIgnored
DislikedNever knew what would be their interest in this, as they have to buy back from lower, instead they should encourage the buyes to do the job instead of SNB. IMO the best would be to raise the peg to 1,22 or 1,25 with a strong verbal hint for further raise to 1,3.
Nevertheless there might be much more stoploss of the bears around 1,207 and 1,215 as this is bear market...Ignored
Dislikedbut it doesn't matter, firstly they will take the stoploss of the bulls around 1,1999-1,1850 and then the SNB will take the stoploss of bears around 1,2050-1,2150.Ignored
DislikedI wonder....
What will happen, and is it not in the interest of the SNB, if they announce a peg raise over the weekend?
And why did they not announce the 1.2 peg on a Saturday/Sunday but on Monday?
The same is true for a peg removal announcementIgnored
DislikedTrue, it's dangerous of course, it's all about the risk appetite of each investor/trader, and about strategy that each investor/trader decide to adopt.
I mean, if you want to buy low, you are going to have a better R:R but a less probability of winning as you enter against a trend or with a lack of momentum, on the other side if you enter high (supposing we're talking about a buy trade) you have some kind of momentum behind your position, but still you may end up buying at a top.
Every trade is potentially dangerous, risk is the foundamental...Ignored