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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 901
Forum Topic:

CHF

Discuss CHF
 
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jacek
Melbourne, Australia
Posts: 2579
13 years ago
Sep 9, 2011 22:42
still going up in the channel.. but showing divergences..
Qingyu
manchester, UK
Posts: 1763
13 years ago
Sep 9, 2011 16:43
ah, swiss cheese, but i prefer feta.
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Sep 9, 2011 16:42
time has come to go short EURCHF with stop sell 1.2 SNB's words of mouth are about to be tested now they must sell their cheese
sydneyjames
Sydney, Australia
Posts: 348
13 years ago
Sep 9, 2011 6:19
i thnk he USD CHF will retest the higher low again before it moves up even higher.
jacek
Australia
Posted Anonymously
13 years ago
Sep 9, 2011 1:02
so far so good.. might go lower now..
subway90
Posts: 1078
13 years ago
Sep 7, 2011 21:10
upside could be limited for now for pullback to 8300 level b4 challenging stronger resistance @ 8800 level...
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Sep 7, 2011 7:38
eur/chf fixed.. so best trading swissie and euro seperately..
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Sep 6, 2011 11:34
thx Cat.. appreciated ur explanation.. here is a little trading scenario..
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Sep 6, 2011 11:22
The SNB has committed itself to creating unlimited amounts of francs and selling them versus the euro to defend the currencys level, said Fabian Heller, an economist at Credit Suisse Group AG in Zurich. They will follow through on their commitment as otherwise their credibility would be clearly damaged and speculation would start again, most likely leading to renewed franc gains.
Ooops. Yes the SNB has no reserves left so it joins the liquidity printer's club. But SNB cannot print as much as the ECB and when inevitably EUR is sold again for CHF SNB is 800 bln behind in printing.
Thus CHF long is the name of the game. Its a matter of entry. With all that vola ahead I roughly calculate entry between 1.22 and 1.25 to the EUR.
givemethebill
Japan
Posts: 316
13 years ago
Sep 6, 2011 9:58
congrats Xaron !! now jet to Swiss with 10% extra :-)
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