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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 901
Posted: Feb 22, 2010 5:00
Comments: 901
Forum Topic:
CHF
Discuss CHF
When I go for the home run off the bat, I get in BIG trouble, as we all do, lol!
u want me to get real
get 100 millions ready and lets go chasing the marlin in deep sea; we quadruple the funds within five years.
we can be in a range that is gonna erode nerves and patience before we have urREAL 1200pips; there wont be intervention for that; mid end second quarter
there is a better intervention to be made by the snb within this month if they want as you said goldman nad other to get on the train. this one if it occurs will have short effect as long as european wont have trust in their own currency in the long term (decades)
i know it is hard to believe in euro strengh in this environment but i also ponder
THIS INTERVENTION WILL BE A SHORT LIVED STRATEGY
THERE IS A BETTER ONE
EURUSD AT 1.47 AROUND EUROPEAN SESSION
AT WHAT TIME WILL THE SNB BE INTERVENING?
Actually, it looks as if they are already (in a subtle manner).
http://www.automatedtrader.net/real-time-news/33238/eurchf-hit-by-snb-intervention-again
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.