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    • hornsant replied Mar 9, 2012

      If the price stays outside the channel for some time it is telling you that the former trend has changed. I see 85 as an important level and I think that only then the new trend will consolidate before it keeps going up. Keep an eye on the US T note ...

      USD/JPY Discussion
    • hornsant replied Mar 9, 2012

      I am more of the idea that this pair will behave like the YEN, getting every one bored to death and out of this mkt before it's big move, by now there is hardly room for a trade with the narrow spread... it ranges within the spread

      EUR/CHF
    • hornsant replied Mar 8, 2012

      You are mising the most important part of their economy that is in danger: The financial services and the entire banking sector, That is why the SNB is involved... not because of the tourism.

      EUR/CHF
    • hornsant replied Mar 7, 2012

      This time I agree with onanda because the Bollinger Band has tightenned up very close to the SNB floor... that is calling for a decent move away from the current small range. Possibly a move like the YEN?... we will see.

      EUR/CHF
    • hornsant replied Mar 7, 2012

      I belive that there will be more sideways above 1.20 floor and eventualy it will move up. Much like the USDJPY, once traders abandon the dead horse it will move up. This is not a short term bet but a mid to long term one, the problem is that if you ...

      EUR/CHF