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- dual-c replied Jan 21, 2010
That's my feeling to, but we'll have to wait and see. I think SNb wants as many people shorting this pair as possible so they can make the most out of intervening. I read in an article that SNB made huge profits last year on gold. If that's the ...
EUR/CHF
- dual-c replied Jan 18, 2010
Another message from Hildebrand again this past weekend re-iterating that SNB will not tolerate "excessive strength" against the Euro. I read an article on Bloomberg by Bo Nielsen saying “The main reason for the SNB’s absence from the ...
EUR/CHF
- dual-c replied Jan 15, 2010
Well, another week gone by and no SNB intervention, except the jawboning by Hildebrand earlier in the week. I think if it weren't for him doing that, we would have seen e/c drop further. ATM, it seems like no one wants to short this pair too much ...
EUR/CHF
- dual-c replied Jan 14, 2010
Turning out to be a nice short for you. I took some profit from a long I took at 4750 a couple of days ago. I had a feeling it wouldn't break too far above 4800, so I closed out just under that. If this pair is to go back to the 1.50 area, either ...
EUR/CHF
- dual-c replied Jan 13, 2010
okay folks... the 10 simple dma has acted as very good support/resistance on the daily chart. 1.4788 is where it has come in on the daily candle. Last nite, it shot thru that thanks in part by some local names buying it up. Right now, it's hanging ...
EUR/CHF
- dual-c replied Jan 13, 2010
Res.3 at 4785. seems to be holding right under that at the moment
EUR/CHF
- dual-c replied Jan 13, 2010
whoever is selling and making the offers at the 4800 area needs to be shot! I need this thing to go up! lol
EUR/CHF
- dual-c replied Jan 13, 2010
quasi-official and local names (as reported by FXNews on Oanda) are the buyers. Lots of ofers in the 4800 area (big retrace from 4800 as I type). Like I said earlier, if it breaks the 4810 area it will shoot up way more
EUR/CHF
- dual-c replied Jan 13, 2010
i've got a buy stop at 4825. If it gets above 4810, it's going to shoot
EUR/CHF
- dual-c replied Jan 13, 2010
1:30 am (mountain time north america) and something/someone is pushing eur/chf up
EUR/CHF
- dual-c replied Jan 11, 2010
Here's a quote from Boris Schlossberg from FX360: "One key factor behind the rally in the franc is the unit’s resurgence as a safe haven currency. Switzerland’s stellar balance sheet stands in sharp contrast to the fiscal woes in the 16 member ...
EUR/CHF
- dual-c replied Jan 11, 2010
Speaking of steel balls... probably the only ones who have them are the Swiss banks as they continue to de-leverage. Interesting to see that after Hildebrand commented on combatting excessive franc strength that it's come back down some and not try ...
EUR/CHF
- dual-c replied Jan 11, 2010
DOH!
I've made about 5 pips worth of swap, and have about 300+ more to go to breakeven... lolEUR/CHF
- dual-c replied Jan 11, 2010
Okay, so I took another long position (smaller compared to my other long positions) at 1.4750 w/ a SL at 1.4690. May add another long around 1.4725-30 area with SL the same. The low 4700s has SNB's attn looks like. Whoever shorts it from here must ...
EUR/CHF
- dual-c replied Jan 11, 2010
Sharp rise on E/Chf. FXNews on Oanda just reported that SNB still prepared to intervene in the market. We'll see what happens. Will be interesting to see where they take if they do.
EUR/CHF