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- Simon73 replied Jun 12, 2013
Sorry, could you share the link? I could not find in google. Thanks
EUR/CHF
- Simon73 replied Jun 12, 2013
A lot of long positions liquidated in recent days. And a lot of short positions opened. url Ideal situation to go up before SNB meeting next week. We have 5 days. In the past the rally started 2-5 days before the meeting. We have 5 days. Of course ...
EUR/CHF
- Simon73 replied Jun 6, 2013
I think these CHF weakness was because of USD rally last weeks. The reason of the USD rally is the tappering talking. In 2009 march FED started QE1 which was the main reason to weaken the USD. Ahter that we had QE2, and QE3. These days there is ...
EUR/CHF
- Simon73 replied Jun 4, 2013
Nice job! You were absolutly correct. Yesterday and 1,2320. The big question: This was the low before SNB meeting rally, or could we see another? This week has a lot of risk event: ADP, Beige book tomorow, ECB Rate decision, and Friday NFP. Next ...
EUR/CHF
- Simon73 replied May 24, 2013
Today close will be important on weekly chart. Above 1,25 it will be 2 year high, and a very bullih sign. Let see the close
EUR/CHF
- Simon73 replied May 10, 2013
Yes, CHF strating to collapse: url I hope this is only the begining, and we could see jpy style movement
EUR/CHF
- Simon73 replied May 9, 2013
Till 2009 a lot of money went to safe haven: JPY, CHF, Gold As economy getting better this money goes back to USD, EUR etc. Firstly the JPY collapsed this year: Seondly Glod dropped: One day CHF will start to drop. May be this is that day...
EUR/CHF
- Simon73 replied May 9, 2013
url but it is more important: url "talk of option contracts being bought at 1.23 and 1.25 for 1 week to 1 month. Cue EURCHF climbing to 1.2337 triggering stop-loss buying along the way with USDCHF racing to highs of 0.9437 before falling back to ...
EUR/CHF
- Simon73 replied May 9, 2013
18 pip remains and 20 minutes.... It is Barrier option so we need to touch only, not keep above
EUR/CHF
- Simon73 replied May 9, 2013
"Option expiries 10am NY cut EURCHF 1.2350" Yesterday we could not breach 1,2350. May be today.
EUR/CHF
- Simon73 replied Apr 26, 2013
One hour later Jordan speeks it seems no effect to the pair. The next big risk is ECB meeting next thursday. Rate cut or not. Yesterday drop came after Goldman expect 0,25% rate cut. Or may be some comment later today from Jordan about ECB rate ...
EUR/CHF
- Simon73 replied Apr 24, 2013
more than one year ago (when Hildeband was SNB president), he said, if they change the peg change it with big step. So he declined 500 pip change. We have another president now. But i dont think SNB change the peg. I beleive if the price could ...
EUR/CHF
- Simon73 replied Apr 24, 2013
Thanks ajt1970. Very usefull information. I think so that the main mover of this pair is option market. And it shows that direction is up. Another issue. In 2011. sept SNB has about 200 Billion CHF reserves. Now they have about 400 Billion. It means ...
EUR/CHF
- Simon73 replied Apr 24, 2013
Check this: url It was on jan 2013. "Also talk of decent buying of 3 and 6 month EUR/CHF calls with 1.2500 and 1.3000 strikes respectively." 3 months 1,2500 was worked fine. 1,3 six months (expiry jun 31 2013) is still in play. Technically if if ...
EUR/CHF
- Simon73 commented Apr 19, 2013
The referendum will take place in 2014. If it will success, SNB has to keep 20% of its reserves in Gold. So they have two options: - buy more 10% percent Gold in 2014 Q1 or Q2 - decrease its reserves to 50%. till 2014 Q1 or Q2 So i think it is not ...
Swiss to hold referendum on gold reserves
- Simon73 replied Apr 19, 2013
If we see the last two breakout, there are some common things: - consolidating for 20-50 days with smaller ATR (accumulation phase) - strong support level (50,100, 200 DAY MA) - Local minimum in the ATR - Short covering sentiment Now we have: - ...
EUR/CHF
- Simon73 replied Apr 18, 2013
Till 2012. sept the 200 dayMA is working as strong support (white line) Now it is 1,2135, and growing day by day about 1pip/day. The 100 dayMA is resistance now (yellow line). This is 1,2217
EUR/CHF