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holmes replied Aug 8, 2012My buy stops got triggered and I am sad however I know it's a matter of time, the SNB has indicated that CHF is overvalued and their policy is to weaken that, while ECB declared that it is wrong to bet against the EURO therefor going long on this ...
EUR/CHF
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holmes commented Aug 8, 20121.06560 for me the last step before crashing
Australia Labour Force, July 2012
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holmes replied Aug 8, 2012The question is" which one is more solid? the floor or ceiling, why when the Euro moves for 200 pips against all peers nothing happens on this pair but once by a mistake of a trader it pops 70 pips, what if this trader had gone short on this pair? ...
EUR/CHF
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holmes commented Aug 8, 2012Who might believe such nonsense explanation? In addition, it happened less than a minute not for 3 minutes.
RBS error caused euro spike vs Swiss franc on Monday-bank
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holmes replied Aug 8, 2012a mistake of several billions, by a trader in market closed time, all nonsense.
EUR/CHF
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holmes replied Aug 8, 2012ya, that's right. you know what, I still don't know why the spike happened and I guess it would be better to count all probable reasons although some might seem silly.
EUR/CHF
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holmes replied Aug 8, 2012I remember I read an article in forexfactory that it wasn't a mistake and the trade is going to stay. Besides, on my MT it happened in less than a minute.
EUR/CHF
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holmes replied Aug 8, 2012How much money would move this pair for 70 pips? I know it's not clear but what's your assumption?
EUR/CHF
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holmes replied Aug 8, 2012you know, it sucks. my buy stops triggered and now trapped in mandatory patience,
EUR/CHF
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holmes replied Aug 8, 20122 days passed from that 70-pip move, does anybody know what happened then?
EUR/CHF
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holmes replied Aug 8, 2012I agree, more money moving against the peg than in favor, that might be the reason why even when the EURO is not falling the reserve gains, however I don' know how the sellers dare to be against the SNB.
EUR/CHF
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holmes replied Aug 8, 2012I have no idea why you are talking about inflation, the reserve is not pumped into community in addition negative CPI is there around -0,95 for this year. The question is what would you do if you were responsible for price stability? url
EUR/CHF
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holmes replied Aug 7, 2012I mostly agree with Alaneth, Today Switzerland FinMin said that the SNB can hold unlimited amount of reserve, not a new word but a new source. Some days ago Jordan said the SNB can hold unlimited amount of reserve in theory, but the 2 main SNB ...
EUR/CHF
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holmes commented Aug 7, 2012How would you think SNB by buying "shit Euro" will be against Draghi? as you know he is begging everyone not to short Euro and nobody believes him.
How to Lose Friends and Make Enemies
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holmes commented Aug 7, 2012once I TRUSTED THIS MAN AND HE MADE ME A LOSER I WILL STAY AGAINST THIS TIME.
FX traders heed Draghi "don't short" advice on euro
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holmes replied Aug 6, 2012sure the news matters. CPI the most important data on monetary policy.
EUR/CHF