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
Dislikedblighter comment, lets see next week trade balance data, however deflation is still thereIgnored
Disliked0824 GMT [Dow Jones] New SNB board won't lift EUR/CHF floor says Vontobel as Switzerland has a current account surplus at almost 15% of gross domestic product, and a burgeoning trade surplus. "So the SNB won't pay much attention to the complaints, which are growing ever quieter, about the strong franc from some sectors of the export industry and from labor unions," says economist Ralf Wiedenmann. "There's no point in lifting the floor to CHF1.25 or CHF1.30 per euro, as this would undermine the SNB's credibility in the market," he adds. Vontobel...Ignored
Dislikedeurusd will gain 100 pips before the close of today, i'm tempted to close eurchf and make such eurusd trade..
Edit:
yeah i'm doing it, fuck eurchfIgnored
Disliked8:28 (Dow Jones) While the euro is up sharply against the dollar and yen, it is drifting lower against the Swiss franc and once again slowly creeping toward the Swiss National Bank-imposed floor in the euro-franc exchange rate. The euro is at CHF1.2016 from CHF1.2023 late Thursday, according to EBS via CQG. The slow creep toward the floor of CHF1.2000 comes just over two weeks after investors pushed the euro below that floor for the first time since it was imposed in early September. Investors wrote off that breach as a mere technicality. With the...Ignored
DislikedI will have opportunity to buy at 1.18x soon...
I am also waiting.. like all others.. on sides..
There is no chance of lifting this heavy pair for next 3 months But break is on cards..sooner a big spike down..Ignored
Dislikedeurusd will gain 100 pips before the close of today, i'm tempted to close eurchf and make such eurusd trade..
Edit:
yeah i'm doing it, fuck eurchfIgnored
Disliked10:41 (Dow Jones) The euro-Swiss franc exchange rate is one of the few euro crosses that hasn't participated in common currency's broad rally Friday. The euro-franc appears to be heavily anchored by the weight of the SNB-imposed floor at CHF1.2000. The euro was most recently at CHF1.2017, just one pip above where it was when North American traders began their day and at a two-day low, according to EBS via CQG. Investors in recent weeks have been giving up on their bets the Swiss franc would fall as the SNB doesn't appear to be in an hurry to raise...Ignored
Dislikeddon't wanna misjudge but do you seriously think to buy at 1.18x
if it goes there there's no floor any more or your broker is a scam
either way you don't wanna your orders to be filledIgnored
DislikedI am not repeating over leverage mistake as I used to do as novice
My stop loss is 500 pips down if buy order fill 1.18X and next orders at 1.14X
No broker scam as i believe I think peg will break on all platforms soon.(No broker specific).
No lift for 3-4 months.. Wait and Watch
If it hold for 3-4 months.. it may lift.. but otherwise break..Ignored
DislikedI see your point, but you have to consider many factors.
The market is not the same as it was when pegged at 1.50, there the downtrend was just started, and pegging the pair after the impulsive downmove was clearly a bad idea. Now the downtrend is gone, technically there are no reasons why this peg would break, the market is oversold and waiting for a rally, I really see it differently from how you see.Ignored
Disliked1.2014
Now it is time to buy. I bet we'll see 1.203 again next week.Ignored