Hi pip nice to see you Yep i know what you mean but i still think it will drift lower so not really sure on strategy from here as it could go lower and stay in a tight range for months again

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I dont like to predict but i think almost certain you wont see your 100 pip spike. And you wanted 100 pips from 1.22?

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I think your right about it heading lower though

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I dont think it means anything its all they have got and they make it central to all communications

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I'm not looking for longs before the SNB. It looks like EC is going to go into a 10 pip range like it did after the floor was introduced.

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Never say never but you have got the SNB watching your back for now so should be safe.

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I understood you J I think it is just going to creep lower then stay at those levels in a tight range no spikes just like before after 1.20 was introduced

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Are your stops above or below 1.20?

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Good luck hopefully it will spike up

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The SNB wont do anything so i doubt a 100 pip move up is coming anytime soon probably just drift lower

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Dont forget the chocolate CPI better than expected and from a technical point not that it matters on this pair everything is pointing down moving averages on weekly daily etc all rolling down.And it is breaking out of a wedge to the downside.

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It would be nice to get down to 1.21 in the next few days give the SNB something to think about then would be a good opportunity to go long before their meeting on the 19th.Not that i expect them to do anything but i think could see a run up in the ...

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Ok so now that's out of the way if the SNB do nothing surely they will be proctecting 1.20 before long?

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Anyone think the news this week will move EC one way or the other?

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You learn something new everyday i just thought it was bullsh!t thanks plofkip

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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 .

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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 ...

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Your right yes BS = bullsh!t

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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

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Is is it a nice shirt?

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