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

CHF

Discuss CHF
 
sydneyjames
Sydney, Australia
Posts: 348
13 years ago
Aug 10, 2011 15:11
apparently 69 is the magic number here for chf lolllllll
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Aug 10, 2011 15:08
nah, much tighter than that.
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Aug 10, 2011 15:06
don't tell me.. 69:-)
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Aug 10, 2011 15:03
They been saying that for months now so what's changed ! However I see a logical stop position for longs on the 1 hr pattern.
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Aug 10, 2011 14:57
SNB's own admission, swissie massively overvalued 5 figures above current levels.. it only needs a little push from like-minded traders after a small hint from SNB..
sydneyjames
Sydney, Australia
Posts: 348
13 years ago
Aug 10, 2011 13:00
target is open for now.. but stop loss at 0.69
tcomerford
Tipperary, Ireland
Posts: 9
13 years ago
Aug 10, 2011 11:06
I'm with you sydney james although I only got on board at .72
What are u targeting?
sydneyjames
Sydney, Australia
Posts: 348
13 years ago
Aug 10, 2011 8:09
what the SNB is doing here is pumping more cash into money markets to make the currency more abundant and thereby, cheaper
sydneyjames
Sydney, Australia
Posts: 348
13 years ago
Aug 10, 2011 6:54
0.69 is my fibo extension level, i use that as a stop level, longed at around 0.7100
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Aug 10, 2011 4:29
wow james.. your gamble almost paid off.. now somebody has also mentioned 69 as a stop so it might just need to be hit before reversing:-)..