Forum > View Topic
by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 895
Forum Topic:

CHF

Discuss CHF
 
Helmut
Germany
Posted Anonymously
9 years ago
Apr 6, 2012 10:28
A quick update on my EUF/CHF long positions. I am long here for some time already, similar on in USD/JPY switzerland needs to have a weaker swiss-franc, otherwise the export focused economy will have major problems.

My plan is to accept temporary quotes below 1.20 it could be even that the SNB kicks out speculators by going a few time significant below 1.2 when doing stronger intervention. I believe keeping significant EUR/CHF long positions is the best plan. For stop buy long orders at 1,21 or 1,22 the problem is that spikes can collect these orders and than go below 1.20 to kill it. Similar it was Nov 1st 2011 in the USD/JPY pair.

I stay long in the EUR/CHF without any stops maybe for the next six month.
BTW: Some for USD/JPY
Dave J
Canada
Posts: 197
9 years ago
Apr 5, 2012 13:24
...snb wanting their money's worth...
jacek
Melbourne, Australia
Posts: 2579
9 years ago
Apr 5, 2012 11:51
finally.. been waiting for this long time.. expected at least 100-200 stop hunt.. but SNB billions are stoping that at 1990.. for how long though..
Dave J
Canada
Posts: 197
9 years ago
Apr 4, 2012 17:20
Snap below the 1.20 'floor' on eurchf appears inevitable...
DaveO
N.Cornwall, UK
Posts: 5733
9 years ago
Feb 24, 2012 15:27
Update on my usdchf count suggesting that risk-on will prevail for a week or two. Also note the H&S formation once the B wave up was completed. First alerted this pattern relating to likely position of the DX in early January so its playing out well now.
http://chart.ly/iltomqg
Gunjack
London, UK
Posts: 1184
9 years ago
Feb 21, 2012 17:18
Views on EURCHF?
jacek
Melbourne, Australia
Posts: 2579
9 years ago
Feb 20, 2012 21:26
T2 done..
jacek
Melbourne, Australia
Posts: 2579
9 years ago
Feb 20, 2012 2:09
T1 done.. stop BE now
jacek
Melbourne, Australia
Posts: 2579
9 years ago
Feb 17, 2012 10:22
S 9190 SL 9220 T1 9140 T2 9090
DaveO
N.Cornwall, UK
Posts: 5733
9 years ago
Feb 9, 2012 11:31
My usdchf count for possible guidance on the DX which is not quite so clear. A minor ret up soon would likely see risk off for a few days before risk back on again for higher prices in equities and correlated pairs.
http://chart.ly/j799pjb