what do you think guys is it possible that SNB makes negative rates off their regular calendar, for example not next thursday but some other day
- #13,284
- Dec 2, 2014 6:33am Dec 2, 2014 6:33am
{quote} just thinking, if rate stays at this level 1.202-1.205 before next thursday, SNB has no need to make negative rates, if it goes down to 1.201 again then there will be introducing to negatives
Ecb is Risk event before than snb NEXT WEEK
Trading by EA
- #13,289
- Dec 2, 2014 5:33pm Dec 2, 2014 5:33pm
{quote} Read your post & generally share most of your thoughts. Personally, I expect zero decision on the coming SNB meeting (nor on the following ones). Bear in mind their only mandate is to keep the 1.20000 floor, at the moment, this is done without any intervention from SNB. So why do more? If EC economy was turning the corner, etc, etc, why not, but not now. Read recently, that actually SNB will use the Euros to purchase sovereign debt (Fr, It, D, etc). Yes, you put your money in use, help EC, but does not lower the CHF. For me, EC will simply...
However, after Swiss Gold BS Vote Results and SNB next meeting, also technically EC can fly up to levels talked about, so it all combines to one ending positive result.
I hope EU falls further to parity which is my long term view to buy cheap euros with dollars, hopefully in beginning 6 months of 2015
Trade according to current market condition, not what you think would be.
- #13,290
- Dec 2, 2014 5:43pm Dec 2, 2014 5:43pm
{quote} It seems that we need more energy to pick up the money from the floor, then to profit from post referendum scalping E/C.which is actually much better then huge spike. It is crazy but it start to be boring, to collect this easy money
Best wishes to all EC bulls!
EC BS Movement may go back to 1.2020s(late then early) to go back to 1.2050 and higher later
EC had hit my said 1.2040s first resistances. 1.2070s in focus if can build over 1.2050
I disagree that scalping too much here is better than huge spike despite staying here not a problem
Frankly, I prefer a huge spike but in the means of intervention or after weekend open like after the BS referendum but some 100 pips not 20!!! because consistent higher moves of full bullish candle(as today) do not help EC Bulls especially when it comes with no swings. One spike to 1.21 then down after few minutes would be the best ending before ECB and next SNB specially then bears can keep it down 1.2030 for as long as they want
By the way, if not you EC Bulls then on who I'll rely to like my posts
Trade according to current market condition, not what you think would be.
- #13,293
- Dec 3, 2014 11:47pm Dec 3, 2014 11:47pm
Well, as expected in my last post, EC to hit 1.2020s and that's what happened, I expect it to do the same to early 1.2020s today, so continue longing and exiting at early or late 1.2030s as first take profit levels
ECB next, much volatility and money too
ECB next, much volatility and money too
Trade according to current market condition, not what you think would be.
- #13,297
- Dec 4, 2014 10:29am Dec 4, 2014 10:29am
- | Joined Aug 2009 | Status: Membership Revokеd | 4,396 Posts
You cannot learn better without losing