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EUR/CHF

  • #12,881
  • Nov 14, 2014 2:53am Nov 14, 2014 2:53am
Quoting JamesCaan
16 pips from floor

14 pip now updated
Trading by EA
  • #12,882
  • Nov 14, 2014 2:56am Nov 14, 2014 2:56am
Looks like a countdown to rocket launch
  • #12,883
  • Nov 14, 2014 3:15am Nov 14, 2014 3:15am
Quoting dd303
Looks like a countdown to rocket launch
hope so!
  • #12,884
  • Nov 14, 2014 3:18am Nov 14, 2014 3:18am
Quoting dd303
Looks like a countdown to rocket launch
Maybe 5pip up can call a rocket now
  • #12,885
  • Nov 14, 2014 3:20am Nov 14, 2014 3:20am
Still another 15 pips to go, lots of time to get in
All posts are my personal opinion
  • #12,886
  • Nov 14, 2014 3:22am Nov 14, 2014 3:22am
it has to break yesterday's low at 1.20146
  • #12,887
  • Nov 14, 2014 3:31am Nov 14, 2014 3:31am
Quoting tarrini65
it has to break yesterday's low at 1.20146
It already did, yesterday's low mid price did not go below 1.20169
  • #12,888
  • Nov 14, 2014 3:44am Nov 14, 2014 3:44am
SocGen Survey of investors suggest SNB may opt for negative rates next year. Survey also suggests gold referendum on November 30 will not pass.
Trading by EA
  • #12,889
  • Nov 14, 2014 4:03am Nov 14, 2014 4:03am
Quoting mmudasir
SocGen Survey of investors suggest SNB may opt for negative rates next year. Survey also suggests gold referendum on November 30 will not pass.
Do we think we'll see a big spike if referendum is no?
  • #12,890
  • Nov 14, 2014 4:07am Nov 14, 2014 4:07am
Quoting JamesCaan
{quote} Do we think we'll see a big spike if referendum is no?
I think we will go back to 1.2080 at least as a start.
  • #12,891
  • Nov 14, 2014 5:10am Nov 14, 2014 5:10am
Quoting mmudasir
Consolidation will not happened.let them breach it 1.2010 by few pip lower. it may spike up like a Rocket of NASA .
Possible if "yes" win:
Inserted Video
You cannot learn better without losing
  • #12,892
  • Nov 14, 2014 5:38am Nov 14, 2014 5:38am
If No wins, a rogue EC bear trader arrested for not following risk management rules
Attached Image
  • #12,893
  • Nov 14, 2014 5:53am Nov 14, 2014 5:53am
Where have you guys placed your stops?I have mine on 1.975.I suppose its unevitable that we see some kind of spike below floor as they push the button.
  • #12,894
  • Nov 14, 2014 5:58am Nov 14, 2014 5:58am
Quoting Zeenia
Where have you guys placed your stops?I have mine on 1.975.I suppose its unevitable that we see some kind of spike below floor as they push the button.
My SL for my 145 lots is 1.195
  • #12,895
  • Nov 14, 2014 6:06am Nov 14, 2014 6:06am
Quoting JamesCaan
{quote} My SL for my 145 lots is 1.195
You take your chances on that?The last time they intervened it fell below,and took out my stops.But that could have been my platform.Creepy stuff.
I am really nervous.I have a lot of funds in these trades.
  • #12,896
  • Nov 14, 2014 6:06am Nov 14, 2014 6:06am
Quoting Zeenia
Where have you guys placed your stops?I have mine on 1.975.I suppose its unevitable that we see some kind of spike below floor as they push the button.
If the Breakdown happens and i doubt it the slippage will be huge and stops will not be a safe protection
You need a Mega account to trade the break
  • #12,897
  • Nov 14, 2014 6:22am Nov 14, 2014 6:22am
i can imagine folks at SNB laughing at all the drama surrounding the 1.20 floor. only they can tell when its goin down. who ever thought we would smell 1.2013. just a few pips to execute my buylimit at 1.2015
  • #12,898
  • Nov 14, 2014 6:29am Nov 14, 2014 6:29am
Traders talk - SNB bids on 1.2015.
  • #12,899
  • Nov 14, 2014 6:48am Nov 14, 2014 6:48am
Quoting insider-
Traders talk - SNB bids on 1.2015.
​
  • #12,900
  • Edited 7:10am Nov 14, 2014 6:53am | Edited 7:10am
Quoting insider-
Traders talk - SNB bids on 1.2015.
Once again, broken.
These are just talks, one of the last things SNB wants is to facilitate speculation on the long side especially from retail accounts. That is done by not anticipating moves and letting stop loss bust out who doesn't belong to the club.
Apparently they had much less problem with continued selling by large institutions.

I think that there is only one number that is equal to 1.2, and that is 1.2. Any difference to downside for SNB are pennies for which they shouldn't and won't care. Any difference to the upside is a gift that they won't make.
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