Swiss National Bank is a Hero

Discussion in 'Forex' started by marketsurfer, Jan 18, 2015.

  1. thats right, you heard it here first. The SNB, in its heroic move to unpeg the franc, has pre-empted a disaster that would have destroyed its economy when the ECB announced wide scale printing of the euro on 1-22-15.

    You know what to do.

    Yours truly --from the future

    Surf
     
  2. traderob

    traderob

    Wow this is a brave prediction. Do you have all your funds short the euro?
     
  3. anyone daytrading chf now ? after the move last week volatility on it looks yummy, but im not brave enough.
     
  4. traderob

    traderob

    I am looking but no trade yet
     
  5. Danish Central Bank Cuts Deposit Rate
     
    marketsurfer likes this.
  6. SHORT euro from 1.1600
     
  7. I think in that day many Forex traders crashed their full balance. Even, I see many regulated trading platform also suffer from this news. But, fortunately I am very safe with ‘GCI’ trading broker. Because, I was with s sell position on EUR/CHF. Actually, I like to trade in news time. Because, I believe news trading is much quick and safe for me. Though, I closed my position with 300 pips TP. But, this unexpected move of market really surprised me. I never seen as like this news effect before. It’s new experience for me. But, have a leson for us, that us. Never open your trade without using stop loss.