Forums - SNB sets franc floor at CHF1.20 versus euro.

HOME FORUMS BROKERS SOFTWARE BOOKS CONTACT US

Your Account • Become a Member • Help • Search

	Forums ›› Main ›› Wall St. News ›› SNB sets franc floor at CHF1.20 versus euro.

Page 1 of 10: 1 2 3 4 5 6 7 8 9 10

ASusilovic

Registered: May 2007
Posts: 9768

09-06-11 09:11 AM

bloodbath for shorts...

Swiss CPI -0.3% vs. -0.1% forecast.

SNB sets franc floor at CHF1.20 versus euro

http://www.marketwatch.com/investin...ome_latest_news

Edit/Delete • Quote • Complain

ASusilovic

Registered: May 2007
Posts: 9768

09-06-11 09:17 AM

I see 1200 million BID at 1.2149/1.2161...Ouch. Somebody is getting screwed big time...ay, ay, ay...

Edit/Delete • Quote • Complain

DT-waw

Registered: Apr 2001
Posts: 2185

09-06-11 09:28 AM

the game is rigged.
i'm sure some people new about this decision and made tens of millions of euros in 1 hour.

fuck, central banks should be taken out of this planet

Edit/Delete • Quote • Complain

gmst

Registered: Jul 2011
Posts: 3695

09-06-11 09:31 AM

DT-waw, seems from your words that you got caught wrong side.

Personally, i lost 5% of my account - i had no position on swisse. This loss came from pure euro position and when i was able to cut it quickly at 1.415 - not knowing why the hell it started to move up so fast....so decided to cut loss.

ASusolvic - where did you see 1.2 bn bid ? which platform did you see that kind of bid ??? Wow!!

Edit/Delete • Quote • Complain

THE-BEAKER

Registered: Oct 2006
Posts: 1052

09-06-11 09:42 AM

this move is pre empting a greek default.

i think its fairly obvious now.

the swiss have just made one less safe haven to park your money up in.

bi bi trichet

Edit/Delete • Quote • Complain

DT-waw

Registered: Apr 2001
Posts: 2185

09-06-11 09:49 AM

i was building large position on EURUSD as it moved down.
got stopped out of 70% of my shorts.
not a disaster, but i wish snb will lose awful amount of money on this operation

Edit/Delete • Quote • Complain

Page 1 of 10: 1 2 3 4 5 6 7 8 9 10

Receive an email whenever a new post is added to this thread by subscribing to it.

Rate This Thread:

Forum Jump:

Conduct Rules - Privacy Policy - Day Trader - Day Trader Forum - Best Trading Software - Sitemap

WHILE YOU'RE HERE, TAKE A MINUTE TO VISIT SOME OF OUR SPONSORS:
Advantage Futures Futures Brokerage & Clearing AMP Global Clearing Futures and FX Trading Bright Trading Professional Equities Trading CTS Futures Trading Software DaytradingBias.com Professional Trading Analytics ECHOtrade Professional Trading Firm	eSignal Trading Software Provider FXCM Forex Trading Services Global Futures Futures, Options & FX Trading Interactive Brokers Pro Gateway to World Markets JC Trading Group Direct Access Trading MB Trading Direct Access Trading	MultiCharts Trading Software Provider NinjaTrader Trading Software Provider OANDA Currency Trading optionshouse Option Trading & Education Rithmic Futures Trade Execution Platform SpeedTrader Direct Access Trading	SpreadProfessor Spread Trading Instruction thinkorswim by TD Ameritrade Direct Access Trading TradersStudio System Building & Backtesting Trading Technologies Trading Software Provider Trend Following Trading Systems Provider