Posts Tagged eurchf
Hi all,
Firstly I apologise for the lack of updates to the site, I'm still very much alive but have been away for a long holiday and now back!
Well, I have been watching the markets since I've been away but there has been very poor internet connection which meant that it's not been possible to look at the short term markets as much as I would have liked to.
I have been doing a lot of research also and been looking at playing daily and weekly breakouts.
An example of a trade which I p
October 26, 2011
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I know some really lucky traders who were long of the Swiss forex pairs. Although you wouldn't have been able to seen this coming the Swiss National Bank (SNB) sold a huge chunk of Swiss Franc which sent the Swiss pairs rocketing.
The USDCHF went 800 points and both EURCHF and GBPCHF rocketted 1000 points! This amounted to an almost 9% depreciation in the currency.
If you were lucky and were long of this currency before the SNB intervened, you would be sitting on a small fortune!
&n
September 6, 2011
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Last night I put on a short at 1.4983.. it was a lovely trade and one which I just closed at 1.4877 for +106 pips.
November 11, 2008
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