Everything is uncertain now. All brokers are also uncertain, we may have good brokers today that only turns bad tomorrow. AVA used to have good swaps, but they suddenly changed to negative swap the next day. And they spike down bad too. Some brokers ...

EUR/CHF

I'm just putting in €100 to bet on this. May look silly, but it's worth a try. What do think of this sell stop strategy below? I think many brokers won't be happy with this strategy of mine.

EUR/CHF

Today's GDP data may be nothing much to us (3 pip spike), but it may mean a lot to SNB & the Swiss govt. A negative q/q GDP, coupled with poorer PMI & Retail sales, the former may lead Switzerland into a technical recession, defined as 2 consecutive ...

EUR/CHF

I'm with Hotforex also but I didn't get that in my chart. Lowest was 1.20005... Where did you get 1.19931?

EUR/CHF

I think before going out, isn't it better to just wait till Sept 14th's SNB Monetary Policy meeting? Yes, I'm also halving my balance on this pair, but not my positions. What I'm doing is transferring some of my funds to stable brokers with super ...

EUR/CHF

From April until now, the new problem is hot cash inflows into Swiss due to EZ crisis. I think when Jordan recently says "the peg is not forever", he was being questioned on whether SNB will stay put on 1.20 indefinitely. I think Joardan did not ...

EUR/CHF

During Hildebrand's time, there was a lot of possibly injected rumors about a repeg higher causing many upward spikes. Remember the good times last year when EURCHF went up to 1.24? Seeing the persistently good Swiss economy, I think the pair will ...

EUR/CHF

The sellers are probably scalping 1-2 pips when the pair rises to 1.2012 then drops down a little. And they know it is perfectly safe to do so until 2 days prior to Oct 14th's SNB's monetary policy.

EUR/CHF

Spikey brokers — Now our major concern is downward spikes. I have avoided spikey brokers lately. Exness is worst (see earlier post snapshot). But there r some very stable brokers out there that never spike below 1.2005 these few weeks. ...

EUR/CHF

There are only 2 strategies in trading EURCHF now... 1. Long EURCHF 2. Don't trade EURCHF Those shorting/testing the floor will find themselves in hot water closer to mid-Sept when Germany votes ESM & SNB monetary policy + negative swaps etc. Heard ...

EUR/CHF

I found this on their site (100:1) - url It is safest to use ECN now as spikes are very common now...

EUR/CHF

Wanted to open real in Sunbird, but their leverage only 100:1, so not so exciting.

EUR/CHF

You are not wrong. The Swiss has successfully diversified their reserves in different currencies for even more stability. 2 other currencies - SGD and MYR also peg their currencies to an 'undisclosed basket of currencies' by their central bank. Both ...

EUR/CHF

I've abandoned that broker - Exness. But heard their ECN is less spikey. Their variable spread has gone close to 1pip.

EUR/CHF

It is a good thing to have no trade between 20.59-21.03 ! It is a time of low liquidity and if there are trades, major spikes probably below 1.2000 will happen & spread will increase a lot. There are many brokers that block out trade during this ...

EUR/CHF

Yes - nowadays these downward spikes seems to be very common, even on good stable platforms & even in ECN accounts! But ECN are more stable but still prone to these spikes. Many brokers have some sort of spike nowadays compared to previously. The ...

EUR/CHF

Many brokers are having deep down-spikes nowadays - illiquid times. Quite common, so to be safe, I think at least 10pips below the floor shall be our stop loss. 20 pips the better. AVA now having these negative spikes too, besides negative swap - ...

EUR/CHF

I think the game is only beginning. EURCHF will gradually rise from now - also seeing that SNB has bought lesser EURs over the weeks (in general) and especially last week. Consider this news... Forex Flash: CHF no longer a safe haven – ANZ Fri, Aug ...

EUR/CHF

PPI = Producer price index (an indirect measure of inflation) CPI = Consumer price index (a direct measure of inflation) lower means deflation, higher shows inflation.... correct me if I'm wrong.

EUR/CHF

I think nobody cares on Swiss economic data now unless something really unexpected comes out. PPI, ZEW, KOF data is unimportant for eurchf performance. Only inflation related data, CPI is a bit important. EUR data also don't influence that much too. ...

EUR/CHF