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Fidza replied Apr 10, 2012No no no if I were Jordan I would be eating Muesli , and that's about it
EUR/CHF
- Fidza commented Apr 10, 2012
In other words forget the dream and get on with life , if you call yourself a trader ,then trade and stop hoping, wishing,praying for miracles that lead to getting rich quick. The only thing that is keeping the 1.20 floor is you the hopefuls ...
Jordan: SNB Can't Exclude EUR Being Offered Below CHF1.20 In Future
- Fidza replied Apr 10, 2012
I think their bluff has been called , SNB Can't exclude EUR being offered below 1.20 in Future... Future being anything between the next 5 mins and the next month , any of the hard core hopefuls here feel they are being played yet ? BTW did I ...
EUR/CHF
- Fidza commented Apr 5, 2012
Perhaps the best post so far relating to this pair, and the events that took place today
SNB says it will continue to defend CHF 1.2000 per EUR level
- Fidza commented Apr 5, 2012
Perhaps one that only got fingered ,and what comes next after that ??? hmmm
EUR/CHF spikes 30 pips lower, briefly breaks 1.2000
- Fidza replied Apr 5, 2012
You have completely lost me there with the apple bit , and lost me even further with going long at 1.1929 , how long ago was this buddy? Edit ok I get the apple bit now, i.e. they only need to intervene to maintain 1.20 and not send it to 1.25 etc, ...
EUR/CHF
- Fidza replied Apr 5, 2012
Do you understand why the SNB wants a low value CHF to begin with? Last time I checked it was to give them an advantage in export trade with EZ .Now you honestly believe that they can intervene openly on the FX markets and not be placed in the ...
EUR/CHF
- Fidza replied Apr 5, 2012
I too agree that they will eventually have to try and save face , but I am dead certain that 120 line will be breached yet again before that happens,and the next time with possibly disastrous consequences. For me the magic mark was not even 1.20 but ...
EUR/CHF
- Fidza replied Apr 5, 2012
Pressing that button does not come without consequences and they surely will have to answer to Uncle Sam , and Aunty Merkel , who I doubt will be one bit pleased at the Swiss using currency war to give themselves a trading hedge over an already ...
EUR/CHF
- Fidza commented Apr 5, 2012
I can not tell you that with any level of certainty, there are too many people that believe the SNB and they will probably sell their houses to defend that 120 floor for them, but rest assured if it does drop below 1.1950 or there abouts you will ...
SNB says it will continue to defend CHF 1.2000 per EUR level
- Fidza commented Apr 5, 2012
A floor is meant to be impenetrable, and their reason to announce that floor is for the single purpose of getting retail traders on their bandwagon. Retail traders due to their sheer numbers and unpredictability in price movement is the single ...
SNB says it will continue to defend CHF 1.2000 per EUR level
- Fidza replied Apr 5, 2012
When in doubt stay without . I can see rivers of blood in the making here. I am out and keeping distance from this pair until/if it gets to 1.189x then load small longs at 50 pip intervals to the downside. The SNB has lost their credibility already ...
EUR/CHF
- Fidza replied Apr 5, 2012
Lol I am thinking about the boy that cried wolf and somehow linking it to the SNB , I wonder why.
EUR/CHF
- Fidza commented Apr 5, 2012
They have already lost their credibility buddy, the peg was broken , regardless of it being broken by 1 or 2 pips its a break and many retail traders lost a lot of money on it, and I am almost certain it will happen again, hence my standing entry ...
SNB says it will continue to defend CHF 1.2000 per EUR level
- Fidza commented Apr 5, 2012
They will act when they have no support from a mass of hopefuls called retail traders. I have always said it the key is to look at the long to short ratios, when retail traders are mostly long , there is a greater chance that the pair will move ...
SNB says it will continue to defend CHF 1.2000 per EUR level
- Fidza replied Apr 5, 2012
The old saying when somethings is too good to be true . I will stand on the side lines and enter a small position if it breaks the 1.19 level, should that fail, I will continue trading other pairs as I have been. when a pair is covered at a ratio of ...
EUR/CHF
- Fidza replied Apr 5, 2012
The peg was broken and SNB has done nothing other than fart that they will defend the peg...Hello they are just relying on us to prop the pair up ,meanwhile the commercial deep pockets are taking everyone to the cleaners , I reckon we should stop ...
EUR/CHF
- Fidza commented Apr 5, 2012
What a crock these assholes aren't defending anything , they are relying on us non retail traders to prop the E/C up ,the commercials know this which is why they keep longing the CHF. Personally I think this will only turn around when the ratio of ...
SNB says it will continue to defend CHF 1.2000 per EUR level
- Fidza replied Mar 15, 2012
He he he that's me back in .I did say it would see these levels again, only wish I was brave enough to short it then ,nonetheless I am well happy that I got the chance to get back in.
EUR/CHF
- Fidza replied Mar 13, 2012
I did miss out on 20 pips by closing my positions on Friday but made 4000+ pips on Gold , so think it was a fairly decent sacrifice to make
. I have closed some of my Gold positions and have set up buy orders at 120.60 and 120.50 ,but if it does ...EUR/CHF