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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 903
Forum Topic:

CHF

Discuss CHF
 
Stationdealer
London, UK
Posts: 715
15 years ago
May 21, 2010 11:49
1043 GMT [Dow Jones] EUR/CHF blasted above 1.4335 resistance overnight, and in doing so swept away Barclays Capital's bearish outlook for a second consecutive night. With the cross breaking above its old highs and the 60-day moving average, this strongly suggests a change in trend, says BarCap, and hints that the SNB may finally have triumphed in turning the downtrend. Now at 1.4368, BarCap says consolidation above 1.4310 over coming days would add to this view. Now at 1.4363. (gary.stride@dowjones.com)-o-


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Stationdealer
London, UK
Posts: 715
15 years ago
May 20, 2010 16:37
SNBs Jordan: CHF Appreciation Hasnt Really Been Excessive

I have a nominee for the Dumb Central Banker Hall of Fame: Thomas Jordan of the SNB.
If he was quoted accurately (a big if) he said that the appreciation of the CHF has not been really excessive.
Than why are you selling billions upon billions of them?
Scary
Ashraf Laidi
London, UK
Posts: 0
15 years ago
May 19, 2010 19:20
watch $EURCHF 4hr trendline resist @ 1.4295-00, lower highs in stochastics & oversold RSIs , so looking for 1.4230

Ashraf
Ashraf Laidi
UK
Posted Anonymously
15 years ago
May 19, 2010 17:25
Rob, i dont trust longs in GBPCHF. perhaps you can make sell orders at 1.43 in EURCHF for quick 50-60 pips. As for AUDUSD, you can either wait for 0.78 but bettet to grow your account and place prelim limits at 0.82, then 0.80 and 0.78. focus on this pair with conservative leverage.


Ashraf
Rob
New York, United States
Posts: 305
15 years ago
May 19, 2010 16:59
Hey Ashraf,

Thanks for recent calls on AUD/USD - going to do my best to get back in and short it to 78 as you mentioned!!!

CHF - By the way - can I get your thoughts on GBP/CHF please. Would you say it's too risky to short given what looks to be SNB intervention? Or is it now a green light? Thanks, and keep those wheels smoking - much appreciated as always!
fastpips
surrey, Canada
Posts: 69
15 years ago
May 19, 2010 14:09
Good call bojan, congrats
djellal
LAUSANNE, Switzerland
Posts: 531
15 years ago
May 19, 2010 14:08
it isn't bns but it was an excellent movement
bojan
Arizona, United States
Posts: 111
15 years ago
May 19, 2010 9:11
EUR/CHF

is in focus again, actually it is SNB. To intervene or not to intervene? I think is worth it to take small Long position with stop just bellow "line in the sand" 1.40000, and short trade until 1.37000 as long term position


b.
djellal
LAUSANNE, Switzerland
Posts: 531
15 years ago
May 14, 2010 8:05
hi cat,
I think there is some big orders below the figure
catnip
Frankfurt, Germany
Posted Anonymously
15 years ago
May 14, 2010 7:50
Does SNB intervene right now?