EUR/CHF

Quoting didi_doedel

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Consumer prices dropped 0.7 percent from a year ago, slower than the 1.1 percent decrease seen in June and marginally below a 0.8 percent fall forecast by economists.

As indicated, the high negative inflation of June/July 2011 is now out of the YoY statistic, so the inflation is less negative.

However, the +ve trend of +0.4 is less than what I expected, so it seems to stay in low-level deflation mode for the next months.

So I agree that SNB will continue with their interventions in the mid term. In the long term the question will be...

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Quoting alesss

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SNB is playing against us. They know that 80% of traders are long, so they controls the EURCHF between 1,2010-1,2025, no more. From september until dicember, 20% of traders were long, so SNB intervened and they rose EURCHF until 1,24. But now no, because 80% of traders are long and the peg is reliable.

If there is not inflation, EURCHF will not rise.

the next year if the housing bubble bursts and if some swiss finantial institutions bankrupts, maybe Eurchf will go up.

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Quoting pip_trader

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Hey traders,

I entered my first EUR/CHF and well... I know the SNB pegged it and basically manipulates it to keep the peg, but I did not realize how little movement there was.

Any pointers on how to actually trade it? Economic data trades?
Thanks

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Quoting Swissie

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with your name pip-trader, you're totally right here! welcome to EURCHF, where the volatility is between 1 - max. 10 Pips a day... Where economic data leads to nothing and people get bored... close your position with 1 pip profit and look out for a better oppurtunity! :-)

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Quoting alesss

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SNB is playing against us. They know that 80% of traders are long, so they controls the EURCHF between 1,2010-1,2025, no more. From september until dicember, 20% of traders were long, so SNB intervened and they rose EURCHF until 1,24. But now no, because 80% of traders are long and the peg is reliable.

If there is not inflation, EURCHF will not rise.

the next year if the housing bubble bursts and if some swiss finantial institutions bankrupts, maybe Eurchf will go up.

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Quoting pipxster

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ohh come on, 70-80% of the market without SNB is short EURCHF that is the SNB cares for (otherwise they would not have to buy 8-10BLN eur each week), from this what is the percentage of retails? who knows and who cares?

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Quoting pip_trader

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Hey traders,

I entered my first EUR/CHF and well... I know the SNB pegged it and basically manipulates it to keep the peg, but I did not realize how little movement there was.

Any pointers on how to actually trade it? Economic data trades?
Thanks

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Quoting holmes

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2 days passed from that 70-pip move, does anybody know what happened then?

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Quoting EmeraldEyes

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Buy stops tripping. This will keep happen periodically when the amount of market buy orders grows so big that when price moves up it trips them, running price up. Those market buys need to find a limit sells asap. Bc price moves so fast, you'll notice that all brokers have different highs of the spike.

This move can be seen on Chf pairs as a spike, showing that the market wasn't ready for so many Chf sells at once. Euro pairs didn't budge higher from the buying though.

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Quoting holmes

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you know, it sucks. my buy stops triggered and now trapped in mandatory patience,

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Quoting holmes

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How much money would move this pair for 70 pips? I know it's not clear but what's your assumption?

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Quoting holmes

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How much money would move this pair for 70 pips? I know it's not clear but what's your assumption?

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