Thanks, read Danthine's news yesterday but missed out the peg policy of "not designed to allow fine tuning of the level of the cap". OK, at least SNB is sighing relief right now. But for how long we don't know. I still believe that EZ crisis is not ...

EUR/CHF

My shorts don't work. It's just trailing the EURUSD. I was trading this pair only for the 1.2000 peg, not for 'normal' trading conditions, so I won't be into it unless it falls below 1.2200. Well with all the 'good and bright' news coming out of the ...

EUR/CHF

I'll wait for 1.215 to reload. Let see how it will perform next 2 months till SNB 13th Mar. In the meantime I'll just sit back & watch. We may also c some cooling over the weekend.

EUR/CHF

EUR & EZ have been subject to over-publicity. Don't overestimate & don't over-feel good about EZ and getting out of risk. EZ problems are far from over and just covered with sugar toppings for now as I personally feel. Austerity and the EFSF & ESM ...

EUR/CHF

Yawn, back from holidays & a very very boring week.... SNB sight deposits dropped CHF3bil, yet no movement upwards for EURCHF. Don't know how the SNB foreign reserves look like lately. There is certainly some glass ceiling resistance around 1.21. ...

EUR/CHF

Yes, I'm trading USDHKD, using max leverage near 7.75. Quite boring though, sometimes it spikes up 10-20 pips, then I grab some (part) profit. Any good ideas trading this pair? Thanks.

HKMA and Trading USD/HKD

It's time for a break. Put aside SNB, put aside EZ problems, put aside thinking of -ve interest rates etc... 2012 is going to end. Wishing everyone a Joyous Christmas and a Blessed New Year. May 2013 be a better year for us traders

EUR/CHF

I think right now the market is forcing EURCHF down, or SNB is taking the opportunity to slowly selling their EURs. Reason is EURUSD is rising but EURCHF not trailing it like what is used to be before SNB 13th Dec. (ok, the USD index shows USD ...

EUR/CHF

Shorters are the winners. Unfortunately I don't have the guts to short into SNB meeting. Salute to qatar!

EUR/CHF

A check at a broker's open position ratios now show 62% trading long, 38% shorting at the moment. Many know the widespread rumor on the peg lifting 1.25, 1.3...., yet many also anticipate the SNB policy will still be 'utmost...'. H1 chart shows ...

EUR/CHF

Not time time for scalping now..... Wait till post SNB, 1 day after, or next week, then only scalp. Short scalpers really have the guts now.

EUR/CHF

You see, downwards force on EURCHF is ever persistent, but subtle. The spikes up are due to unexpected news, but later it always goes down again. Sight deposits slight decrease last week may be due to CSG -ve rate, today we have UBS. But I see the ...

EUR/CHF

Oh yeah, sorry - I thought tomorrow is Thursday.... ...by the way talking about scalping long, I'm was ready to start from 1.2050, but look what happened now! If only UBS can delay the announcement till later I might have gone long near 1.2050.... ...

EUR/CHF

Yes, you are right, good for scalping, but only long scalping... I think post-SNB tomorrow, the pair will trade in the tight range of around 1.20 - 1.22. No reason for it to go beyond 1.22, even if cap ctrls & negative rates come into force. Many ...

EUR/CHF

1000 pip is too big for EURCHF. After 15mths, it never raises more than 500pips above 1.2. A 100 pip range will be better. We can easily scalp bothways then . But then, it is very unlikely to happen.

EUR/CHF

Crawling floor peg? You mean like CNY? Then I'll be out of this trade for good! But the USDHKD scenario is a better one allowing some 1000pips trading range, unchanged for the last 20+ years!

EUR/CHF

If SNB wants to introduce any surprises, they have to do it on Monday or latest Tuesday, then discuss it on Thursday's press conference. So if nothing happens Mon & Tue, it means they will remain steadfast on their 'utmost determination' stance. So ...

EUR/CHF

Many brokers are doing the same thing, and they are making a lot of money doing so - having the swaps all for themselves. Never mind, the swaps are a small thing compared to the returns of going long on this.

EUR/CHF

Newton's law on gravity - Whatever goes up must come down . Hoping to reload soon... come down to 1.2050.

EUR/CHF

Thanks - will have to change my strategy. 15min ago I read this post & shorted small amount at 1.2125, hoping to scalp 10pips or so - now it dropped to 1.2113 . This is my last short. No more shorts. Have to discipline myself from now though - ...

EUR/CHF