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- insider- replied Oct 30, 2014
keep convincing yourself that SNB is not credible and will abandon their primary tool to save the economy. I'm not trying to convince anyone here It's the word of Jordan and company that the cap is the main tool and they will defend it. As for the ...
- insider- replied Oct 30, 2014
Sure but the sellers have to cover at some point and I don't think they would wait much if the sentiment changes such as when they are sure of the ability of the SNB to defend the floor if the gold referendum passes and for sure a buyer that big ...
- insider- replied Oct 30, 2014
why would they buy it here ? the floor is at 1.2 not 1.2050 it doesn't make any sense that they are buying here, so someone else is buying, and for sure not retail
- insider- replied Oct 29, 2014
SNB won't buy anything before 1.2. Must be some hedge funds
- insider- replied Oct 20, 2014
i don't know what happened this morning but most probably they want to take it to the floor and burn retail who are barely hanging in there because no one expected that it would even go below 1.2130 not even when during the last bailout of Cyprus it ...
- insider- replied Oct 14, 2014
i have a theory : EC bears are trying to take the pair to the floor and make everyone thinks that the floor will be broken and there might be very high rewards for that, so everyone (small traders) would believe this and they start selling, while ...
- insider- replied Oct 13, 2014
we have been hearing it everyday, Jordie only replaced the "utmost determination" with " take action immediately if necessary" something changed ? no .. the EC went up? no.. the EC will only go up when the elite traders allow it, even if tomorrow ...
- insider- replied Oct 13, 2014
Putin orders 17,000 troops to withdraw from the border, and not a single f*** was given, the EC didn't even try to go North. Similar news used to move the pair 20 - 30 pips up
- insider- replied Oct 4, 2014
there is a flip side to that statement maybe they think that the trend has reversed and the EC will start to go up and they don't want you to long the pair more. because it is funny to say that after the price has risen 50 pips, why they didn't say ...
- insider- replied Sep 30, 2014
maybe they are pushing it down to put all those EC call options out of the money? burn retail along the way, and one thing for sure is that it is going to be a very long winter...
- insider- replied Sep 30, 2014
everyone here is long to the bones, and discussing it also
- insider- replied Sep 16, 2014
is there any news i don't know about that drove the EC down ? some new risk from Ouagadougou maybe ? -_-
- insider- replied Sep 15, 2014
if no action was taken and we get the boring copy paste statement then the price will go back to around 1.2070, if they cut rates, then prices might go around 130 pips up, just a roughly assumption..
- insider- replied Sep 10, 2014
i agree, but i don't think it will reach 1.25 in its first day with the current conditions, on the other hand it did go up 300 points when it was diving and they cut before they introduced the floor, but for sure it will shoot up 130 points in one ...
- insider- replied Sep 10, 2014
source ?
- insider- replied Sep 9, 2014
i have never heard a single good news from the EU since 2008, except this mistake in assessing the economy in Jan 2013 in that famous press conference which led the EC to go to 1.25, but other than that we got nothing except bankruptcies, wars, ...
- insider- replied Sep 3, 2014
15 pips on a cease fire agreement and now back to where we were? are you kidding me?
- insider- replied Sep 2, 2014
Swiss GDP 0% vs 0.5% expected, i think it is enough reason to make you stop panicking, the floor won't be lowered and won't be broken, relax damn it.
- insider- replied Sep 1, 2014
i do think so, keep a close eye on the ECB on thursday, it is a bit tricky, if the euro is going to be debased and fall further to much lower levels, the franc will also start depreciating, so what will happen to the swiss franc longs and safe ...
- insider- replied Aug 31, 2014
the possibility of negative rates is real, especially if Draghi announces QE on thursday, which he will probably do