because I think it will fall after tomorrow Jordan's speech.
I would reopen lower... But let's see what happens. I have long positions opened even at 1.25 so.... both ways are fine with me.
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Disliked{quote} because I think it will fall after tomorrow Jordan's speech. I would reopen lower... But let's see what happens. I have long positions opened even at 1.25 so.... both ways are fine with me.Ignored
DislikedMonthly Resistance 1.2317 the next market goal. A Monthly close above and we are to 1.236 and 1.239(might be tomorrow). We may see 1.30 in few weeks or maybe days f the momentum catch up like was today.Ignored
Disliked{quote} Don't worry, nobody's coming after you with a law suit .. we're just exchanging ideas. I'm in this for the long haul. My position has survived being 180 pips under water (after the Italian election "result"). I'm not planning to take any profit until I see some compensation for all that risk. I have the idea that EUR/CHF is a no-news-is-good-news play. In the absence of any new meteor heading at planet Euro, the bullish trend is resumed. PKIgnored
Disliked--EUR/CHF protection costs trading higher --Some analysts believe EUR/CHF looks undervalued --Sentiment gauges show bearish bias toward franc By David Willmer Foreign exchange option market protection costs in EUR/CHF traded at their highest levels since the end of March Wednesday, suggesting investors are positioning for further gains in the cross after it posted new highs. EUR/CHF traded Wednesday at its highest level since March 15, just above 1.23, boosted by the general positive tone to perceived riskier assets, like the euro, with yields on...Ignored
DislikedOn the rumor of the SNB repeg to 1.25, if indeed 'rumors' caused EURCHF to jump to 1.25 in the next few days, won't it be a 'free' repeg for SNB as it does not need to buy more EURs to lift the peg? Instead when the rate breaches 1.25, SNB can just simply announce it can now defend 1.25 as its floor. Simple & free !Ignored