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- tim10167 replied Jun 20, 2012
I set my stop loss 90 pips below just in case, I used fxcm on this position and it did not go below the floor like some other brokers did over the weekend. I think we have to be very careful of some illiquid brokers in this trade, I had my stop loss ...
EUR/CHF
- tim10167 replied Jun 20, 2012
Wow u had a very big capital amount, are u from a rich family or u made all this through forex?
EUR/CHF
- tim10167 replied Jun 20, 2012
Everything is in favor of longs now, today's zew is a confirmation of all the leading indicators turned negative we saw recently. SNB is watching all these numbers very very closely. Just set back and relax
EUR/CHF
- tim10167 replied Jun 19, 2012
I hope ur right too, as this will be the game changer for us too. But since last september (introduction of 1.20) till now, trade balance were in positive territory, looks like Swiss are copping ok. Therefor I see $1.20/positive trade balance if EU ...
EUR/CHF
- tim10167 replied Jun 19, 2012
If SNB holds at $1.20, the trade balance should still be positive longer term, but if below $1 = Partial deindustrialization, we colud see the trade balance turn negative.
EUR/CHF
- tim10167 replied Jun 19, 2012
I agree with you a problem of 700.000.000.000 not manegeable Because If SNB wishes to keep that floor SNB can kiss goodbye to any control of swiss' monetary base. Fundamentally. As stated in this paper: url And it is way too risky for a country ...
EUR/CHF
- tim10167 replied Jun 19, 2012
But you are missing the point, regardless of what currency SNB hold,whether it is EURO or not, or even stocks, other country's bond, the main problem is SNB is printing too much CHF at an unsustainable speed. I agree with u that SNB is the main ...
EUR/CHF
- tim10167 replied Jun 19, 2012
I know the world's largest currency hedge funds FX concepts and Goldman's Alpha fund and many others lost a lot of money last year due to SNB's intervention. Did you know how many hedge funds was forced to shut down because of poor performance this ...
EUR/CHF
- tim10167 replied Jun 18, 2012
Swiss give up control of their monetary base?: url Not a chance, way too risky......
EUR/CHF
- tim10167 replied Jun 18, 2012
But didnt he said that earlier on this year when everything looked fine? Central banks change their views all the time.
EUR/CHF
- tim10167 replied Jun 18, 2012
I think it could mean anywhere from 6 months to 2~3 years. "Medimum term" I think could me very broad.
EUR/CHF
- tim10167 replied Jun 18, 2012
Guys, any thoughts on this information? "Rabobank Dropped From Yen, Swiss Franc Libor-Setting Panels" Isnt Rabobank the bank who trade on behalf of SNB?
EUR/CHF
- tim10167 replied Jun 18, 2012
as expected in our discussions few day ago......this pressure is not going away after Greek election
EUR/CHF
- tim10167 replied Jun 18, 2012
I do believe as you said SNB should worry about the Swiss inflation "long term", but exactly as you said it is "long term",so SNB still has plenty of time to deal with that future problem. But in the "short term" letting EURCHF fall below $1 (dont ...
EUR/CHF
- tim10167 replied Jun 18, 2012
spanish yield 7.28%, looks like Swiss capital control inevitable
EUR/CHF
- tim10167 replied Jun 18, 2012
For every country's citizen, housing assets are normally their biggest asset class, if it crashes, the affect are normally much more severe than normal economic slowdown
EUR/CHF
- tim10167 replied Jun 18, 2012
SNB is printing CHF for people who change EURO with them, the main problem is not having too much Euro (though it is still a problem) as they can change it to other currencies, stocks, bonds....., the main problem is printing too much CHF, yes it is ...
EUR/CHF
- tim10167 replied Jun 18, 2012
what I mean here is the introduction of capital control will have very negative affect on the banking industry, who would want to save money in Swiss banks if there are so many unfriendly restrictions?
EUR/CHF