CHF

@Pipped: Well, see the chart for yesterday. On my own chart it seemed to start at 0400 GMT and get going 0500 GMT.

However, I don't think they are quite that predictable. I've seen it happen in the afternoon (GMT).
I think it used to be said that Thursday was a probably day, but we've just seen it on a Tuesday (if it really was them), so I don't know how much to go by that.

montmorency - I agree that it's quite plausible SNB did NOT intervene these last few times when EUR/CHF went up only about 80 pips or so. When they intervened in spring '09 (first I think) - we saw it shoot up about 400 pips. Perhaps they are waiting for a large sell-off in order to really show the CHF longs who's boss. Regardless, I'm in at 1.4630 and looking to get about 40 pips out of it to 1.4670. If it drops, I feel safe doubling down.
Ashraf - I wonder if the SNB thinks the way you are. That is, if they don't support it, it will act like a downhill skier. I'm sure they don't want that, and hopefully realize it, because I went long. Thanks for all.

Peeps,

I'm tagging along on this one as well. I have gone long at 1.4636.

@Chloe: I'm no expert on this believe me, but I have an order in to close at 1.4670. 1.4675 might be ok too :-)

@Cool: That is also a reasonable interpretation :-) (Wait till they have intervened, and then sell...for example).

hi ashraf or mont im new to this pair but like gifts..lookin @ a chart do u think 1.4675 would be a good exit? thanks