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EUR/CHF

  • #11,841
  • May 20, 2014 2:32pm May 20, 2014 2:32pm
Quoting Lover Man
{quote} What else does Amsterdam have to offer?
Museums
Trade according to current market condition, not what you think would be.
  • #11,842
  • Edited 9:02am May 22, 2014 5:08am | Edited 9:02am
So from this price area previously we had a 50-100 pip sell off i wonder if we get that this time

big sell off coming
  • #11,843
  • May 22, 2014 1:00pm May 22, 2014 1:00pm
No one will ever understand how EC BS works!! What is 1.2210-1.2215 for God Sake.
It stalls in this area for days bouncing 10-15 pips each time, that's more than the 50 pip one movement, instead of going to the damn 1.2195-00 and bouncing from there. It would not do that, it ridiculously stop at 1.2210 and 1.2206, when it goes to 1.2195-00, it will crash it like never before!!
Giving up on this level, would wait for 1.2170s and switch to 1.2110s after that.
Trade according to current market condition, not what you think would be.
  • #11,844
  • May 22, 2014 2:37pm May 22, 2014 2:37pm
Bet my shirt... next important step is 1.32, yes EURCHF
  • #11,845
  • May 22, 2014 2:45pm May 22, 2014 2:45pm
Quoting hornsant
Bet my shirt... next important step is 1.32, yes EURCHF

Is is it a nice shirt?
  • #11,846
  • May 22, 2014 3:02pm May 22, 2014 3:02pm
Very nice one, when the USD starts to apreciate even the swiss will forget about the frank... it will be about the making of the collosal Dow Jones bubble, the mother of all bubbles with the stock market and the USD apreciating at the same time... the SNB will make good on their USD hedge and let the franc take a dive... you donīt think short term here because you will have to go on medication.
  • #11,847
  • May 22, 2014 3:18pm May 22, 2014 3:18pm
Quoting brinks
{quote} Is is it a nice shirt?
illusion like 1.32
Trade according to current market condition, not what you think would be.
  • #11,848
  • May 22, 2014 3:30pm May 22, 2014 3:30pm
Quoting J.Clinton
{quote} illusion like 1.32
Bet has raised to 1.34
  • #11,849
  • May 22, 2014 4:49pm May 22, 2014 4:49pm
Quoting hornsant
{quote} Bet has raised to 1.34
You'll end up nude
Trade according to current market condition, not what you think would be.
  • #11,850
  • May 22, 2014 4:57pm May 22, 2014 4:57pm
Quoting hornsant
{quote} Bet has raised to 1.34
1,28 is fine for me.
:-)
  • #11,851
  • May 22, 2014 5:02pm May 22, 2014 5:02pm
Quoting J.Clinton
{quote} You'll end up nude
Bet is actualy 1.3250 but there is always some overshoot when the likes of JC finaly make it to the market... hold this packet ups, thank you.
  • #11,852
  • Edited 2:46am May 23, 2014 12:04am | Edited 2:46am
Nice to have a bit of banter on the EC thread

For what its worth i think we see 1.20 before 1.32

A nice steady slow 15 hour move lower today
  • #11,853
  • May 23, 2014 2:55am May 23, 2014 2:55am
Quoting J.Clinton
No one will ever understand how EC BS works!!
Sorry, but what is "BS"? It's not the first time I see you use that term here. At first, I thought it's "bullsh!t", but that doesn't make much sense .
  • #11,854
  • May 23, 2014 3:29am May 23, 2014 3:29am
Quoting enivid
{quote} Sorry, but what is "BS"? It's not the first time I see you use that term here. At first, I thought it's "bullsh!t", but that doesn't make much sense .

Your right yes BS = bullsh!t
  • #11,855
  • Edited 5:14am May 23, 2014 5:03am | Edited 5:14am
Why are the SNB always so quiet?

The BOJ were always trying to talk the yen lower when it was in the 77s.

I even remember recently TJ saying that they wouldnt automatically react if the ECB used negative rates.

The swiss are still struggling with low inflation themselves dont forget.
  • #11,856
  • May 23, 2014 6:29am May 23, 2014 6:29am
Quoting brinks
Why are the SNB always so quiet? The BOJ were always trying to talk the yen lower when it was in the 77s. I even remember recently TJ saying that they wouldnt automatically react if the ECB used negative rates. The swiss are still struggling with low inflation themselves dont forget.
The Swiss are quiet by nature, they will never say that the peg is over they will just ignore it and turn the page.
  • #11,857
  • May 23, 2014 8:13am May 23, 2014 8:13am
Quoting hornsant
{quote} The Swiss are quiet by nature, they will never say that the peg is over they will just ignore it and turn the page.
They are asking for trouble I think.

im with JC I think it will go towards 1.20 in coming days.

For me also the value in going long or being long has more or less finished .
  • #11,858
  • May 27, 2014 5:55am May 27, 2014 5:55am
Quoting enivid
Sorry, but what is "BS"?
BS is the term which "professional" traders use to describe market movements which they didn't predict, don't understand and lost money on. It is an abbreviation of "but surely", from the phrase "but surely it should have gone the other way".

Occasional light rain in Amsterdam today.
  • #11,859
  • May 27, 2014 6:01am May 27, 2014 6:01am
Quoting Plofkip
{quote} BS is the term which "professional" traders use to describe market movements which they didn't predict, don't understand and lost money on. It is an abbreviation of "but surely", from the phrase "but surely it should have gone the other way". Occasional light rain in Amsterdam today.
You learn something new everyday i just thought it was bullsh!t

thanks plofkip
  • #11,860
  • May 27, 2014 5:17pm May 27, 2014 5:17pm
Quoting Plofkip
{quote} BS is the term which "professional" traders use to describe market movements which they didn't predict, don't understand and lost money on. It is an abbreviation of "but surely", from the phrase "but surely it should have gone the other way". Occasional light rain in Amsterdam today.
Partially
Trade according to current market condition, not what you think would be.
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