EUR/CHF | Page 638 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/CHF

Similar Threads

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

Ranging pairs? EUR/CHF, EUR/GBP, AUD/CAD? 0 replies

Attachments: EUR/CHF
Exit Attachments

EUR/CHF

  • #12,741
  • Nov 10, 2014 5:59pm Nov 10, 2014 5:59pm
backing their currency even fractionally with gold will limit their ability to devalue their paper
I may not be right...BUT, I am never wrong
  • #12,742
  • Nov 10, 2014 6:08pm Nov 10, 2014 6:08pm
Quoting Spartanholds
{quote} Just playing the devils advocate here. Is there any technical or fundamental reason you believe that a long position is the right position.....other than a midget makes threats against Mario (ECB)

The real reason: Aesthetics. If this trade works, this will be the closest thing I've ever done to getting an absolute top or bottom correctly.

Cheers,
k
  • #12,743
  • Nov 10, 2014 6:17pm Nov 10, 2014 6:17pm
Quoting kprsa
{quote} The real reason: Aesthetics. If this trade works, this will be the closest thing I've ever done to getting an absolute top or bottom correctly. Cheers, k
WoW....that trumps logic and reason....best answer ever. Carry on
I may not be right...BUT, I am never wrong
  • #12,744
  • Nov 11, 2014 2:05am Nov 11, 2014 2:05am
Quoting pipxster
{quote} Last time when SNB made a mistake with the floor temp. break they adjusted their bit to 1.201So they're there now.
I remember read something like this at past. Any source?
Trade according to current market condition, not what you think would be.
  • #12,745
  • Nov 11, 2014 2:07am Nov 11, 2014 2:07am
Quoting Caa
Neg correlation between EURCHF and Gold {image}
EC stopped correlating with anything long time ago.

Had been moving in a one man show
Trade according to current market condition, not what you think would be.
  • #12,746
  • Nov 11, 2014 2:08am Nov 11, 2014 2:08am
Quoting insider-
{quote} The EC went once to 1.1999 and the SNB issued a statement about it. And then they opened an office in Singapore specifically for the Asian session so such move won't happen again at any time .
Source
Trade according to current market condition, not what you think would be.
  • #12,747
  • Nov 11, 2014 2:15am Nov 11, 2014 2:15am
20 pip downside

300 pip upside

Free money....?
  • #12,748
  • Nov 11, 2014 2:16am Nov 11, 2014 2:16am
An open letter to Thomas Jordan and SNB folks: It isn't funny anymore! We understood the break of 1.21 100 pips far of the floor, we understood the break of 1.2050 50 pips from the floor, the break of 1.2020 will be nonsense and the scandal will be the break of 1.2010. What are you waiting for before Gold BS, intervene now ,make the poor rich and the rich more rich By this you will destroy the yes vote hopes

If SNB will continue this ugly game, hopefully we see at least 4 times 5 pip move like from 1.2025 to 1.2030 daily, that equates like 200 pips in other pairs due to hugely higher lots...

Technically, EC bears had been controlling the pair for so long. EC bulls must first hit 1.2050 and maintain price above it to start talking of reversal sign!

But how will that ever happen when I can't find any serious bull ready to go mad in lots size like am doing

Where are the twitter accounts??? Can someone open a fake one and sing "SNB source said will intervene after 10 minutes"
Trade according to current market condition, not what you think would be.
  • #12,749
  • Nov 11, 2014 2:21am Nov 11, 2014 2:21am
Quoting JamesCaan
20 pip downside 300 pip upside Free money....?
With SNB ain't doing anything serious, the best to hope for is 5 pips, hopefully once a day
Trade according to current market condition, not what you think would be.
  • #12,750
  • Nov 11, 2014 5:47am Nov 11, 2014 5:47am
Quoting J.Clinton
An open letter to Thomas Jordan and SNB folks: It isn't funny anymore! We understood the break of 1.21 100 pips far of the floor, we understood the break of 1.2050 50 pips from the floor, the break of 1.2020 will be nonsense and the scandal will be the break of 1.2010. What are you waiting for before Gold BS, intervene now ,make the poor rich and the rich more rich By this you will destroy the yes vote hopes If SNB will continue this ugly game, hopefully we see at least 4 times 5 pip move like from 1.2025 to 1.2030 daily, that...
The price has frozen, just like 2 years ago, not feel good.
  • #12,751
  • Nov 11, 2014 5:50am Nov 11, 2014 5:50am
I still doubt if SNB wants to defend 1.20
Because once bear kiss that barrier, buyers will be stopped out then it will be real hard for SNB to defend. SNB has to fill buyer's positions before injecting extra bucks. It will be double benefit for sellers instead of punishment.
You cannot learn better without losing
  • #12,752
  • Nov 11, 2014 6:11am Nov 11, 2014 6:11am
http://www.bloomberg.com/news/2014-1...-ubs-says.html

intervention will start at 1.2010 according to UBS
  • #12,753
  • Nov 11, 2014 6:12am Nov 11, 2014 6:12am
Quoting OberonZhao
{quote} The price has frozen, just like 2 years ago, not feel good.

better than keep on diving
  • #12,754
  • Nov 11, 2014 6:21am Nov 11, 2014 6:21am
Quoting forexings
I still doubt if SNB wants to defend 1.20 Because once bear kiss that barrier, buyers will be stopped out then it will be real hard for SNB to defend. SNB has to fill buyer's positions before injecting extra bucks. It will be double benefit for sellers instead of punishment.
I swear you, I don't understand that?
Maybe you mean "limit buy orders will be filled", not "buyers will be stopped out".
The rest of your sentence also makes no sense, to me at least.
  • #12,755
  • Nov 11, 2014 6:36am Nov 11, 2014 6:36am
Quoting J.Clinton
{quote} Source
http://www.snb.ch/en/mmr/reference/p...0121218.en.pdf

can't find anything concerning the 1.1999, but i remember they had a comment about it
  • #12,756
  • Nov 11, 2014 7:37am Nov 11, 2014 7:37am
Quoting Paz
{quote} I swear you, I don't understand that? Maybe you mean "limit buy orders will be filled", not "buyers will be stopped out". The rest of your sentence also makes no sense, to me at least.
Buy limit after 1.20 ? Aren't you afraid of 1st spike down that could target 70-75 pips below 1.20 ?
Why traders will bet on bull side if bear can manage to push down below 1.20 and SNB remain silent?

Let me know if I can teach you anything.
You cannot learn better without losing
  • #12,757
  • Nov 11, 2014 7:57am Nov 11, 2014 7:57am
Quoting forexings
{quote} Buy limit after 1.20 ? Aren't you afraid of 1st spike down that could target 70-75 pips below 1.20 ? Why traders will bet on bull side if bear can manage to push down below 1.20 and SNB remain silent? Let me know if I can teach you anything.
Hedgefunds tried to attack the 1.2000 floor in April 2012. They failed. This time the SNB is better prepared as stated above.
  • #12,758
  • Nov 11, 2014 8:08am Nov 11, 2014 8:08am
Quoting mkuefne
{quote} Hedgefunds tried to attack the 1.2000 floor in April 2012. They failed. This time the SNB is better prepared as stated above.
Even it's unconfirmed claim BTW, so do some big sharks.
I expect SNB will protect the floor.
You cannot learn better without losing
  • #12,759
  • Nov 11, 2014 8:08am Nov 11, 2014 8:08am
Quoting forexings
{quote} Buy limit after 1.20 ? Aren't you afraid of 1st spike down that could target 70-75 pips below 1.20 ? Why traders will bet on bull side if bear can manage to push down below 1.20 and SNB remain silent? Let me know if I can teach you anything.
I'm afraid there is a language barrier problem here, perhaps you can teach me in your language.
  • #12,760
  • Nov 11, 2014 8:11am Nov 11, 2014 8:11am
Quoting Paz
{quote} I'm afraid there is a language barrier problem here, perhaps you can teach me in your language.
I dunno afghan language. sorry
That's "buyers will be stopped out" once we drill the floor. Those amount of money have to inject by SNB to defend CHF buyers before putting extra money.
You cannot learn better without losing
1 trader viewing now