It's the weekend... Anyone playing the gap coming Monday? on Cyprus? Guess the EU & Cyprus' own parliament will want a solution by hook or by crook . I'd better long before closing. Think Cyprus parliament will adjourn & reconvene tomorrow ...

Trading EURUSD only

Very tense yet boring. Scalping minilots both ways to lull the time, waiting for this weekend. This weekend's game.... First thought : I dare not bet on either direction come Friday seeing ECB gave Cyprus the ultimatum on Monday & many things can ...

EUR/CHF

"There is a rumor that Cyprus' central bank says that if the deposit levy bill is not passed then Cyprus will leave the euro." - I don't believe this rumor. - But I believe in shorting it, or waiting for a drop below 1.2150 to go long again.

EUR/CHF

Yes, that's good. Reloading some minilots now. Heard Cyprus postpone their vote to Monday. With a hung parliament, what will happen? Will it drop further?

EUR/CHF

Thanks for the reply. Although I'm lost at the moment, I have the same belief as you that once a hiccup happens in EZ, this pair will fall. Italy was a good recent example. And CHF is always a safe haven - nothing can alter it. So we just have to ...

EUR/CHF

What now.... SNB's decision over - no change. Anyone knows how to trade this pair now? Any strategies to share? I don't know what to do..... long? short? scalp? Thanks

EUR/CHF

Just my prediction before SNB's decision on what may happen...... OK, now my prediction is correct about SNB, but no sideways happening. Uncertain fluctuations now.

EUR/CHF

2hrs to go, but we all know,... "at the current rates, the Franc is still overvalued,... we will defend the floor with our Utmost Determination" = sideways trading again.

EUR/CHF

Predictions are correct that eurchf will go down, not up. EZ troubles are far from over. This Italian vote is just a small 'sneeze' & we see 120pips down in 12hrs. Reloaded some minilots too & will gradually reload till it goes sub 1.21, hopefully ...

EUR/CHF

Friday again, this time it will probably close well below 1.23. EU problems are beginning to show again (as I expected). First LTRO repayments are much lower than expected. Spain's budget deficit is too high. Italy is voting - (don't know much about ...

EUR/CHF

No entries for the last 8 days! How very boring this pair is...... But do you notice SNB's Sight Deposit increased last week? may be insignificant, but I'm patiently waiting to reload.

EUR/CHF

Yes, Jordan spoke indeed. What he says is true, today. Draghi also just spoke. If both are correct, EUR will continue to strenghthen & CHF will continue to weaken... ...and the peg long game is still on.

EUR/CHF

You mean the bonds issue? His other speech is on the 19th "Strong franc and high current account surplus: a contradiction" Yes, there might be a move up, maybe temporary. Perhaps Jordan will hint on when SNB will start unloading their EURs.

EUR/CHF

Finally, some opinion on a possible downturn of EURCHF.. HSBC research team's view : "the risk-reward of being long is quite different at 1.2500 than at 1.2050, thus should risk appetite falter, there is scope for some fresh CHF strength before the ...

EUR/CHF

Watching ECB conference, again I'm not an economist or an optimist, but I personally think... Draghi: Eurozone weakness to prevail in early 2013 - expected & will prevail the entire 2013 I think. Draghi: LTRO repayments reflect improved confidence - ...

EUR/CHF

Yes, good news indeed... SNB still holding. ECB news conference underway now - a slight drop seen. Just how long do you think SNB will hold their foreign reserves? When will they sell? When everything stabilises? or when it hits 1.30?

EUR/CHF

It's a pity that some brokers have to resort to this. From the clause, they have a right to do so to you and you can't do anything, unless you can : 1. Prove that you are not taking advantage of what others call (negative carry trade hedging on a ...

EUR/CHF

Yes, agree with you that there will be a breakdown due to uncertain EU/EZ fundamentals. Everything seems ok for the EZ members now, but just look at the fragile economy. Rating agencies are downgrading some economies - Cyprus for example. Greece ...

EUR/CHF

1.2390 - time to add a little long.

EUR/CHF

Statistics at Oanda show positions of 56% long, 44% short now, with most longs starting at 1.2350. It's also the 2nd least traded major pair now. This shows that many of us here have closed almost all positions (all for me) and waiting for a chance ...

EUR/CHF