Forums
Advertisement

Go Back   Forums > Main Forex Forum > General Commodity Forum

Advertisement
 
Reply
 
Thread Tools Display Modes
  #1  
Old 08-12-2011, 02:06 PM
khorner khorner is offline
Junior Member
 
Join Date: Jul 2008
Posts: 9
Default CHF opportunity, or avoid?

Hi guys

It was spectacular to see the today's PA of CHF. I understand it is something to do with pegging CHF with EUR.

Anyway, my question is, is this an opportunity to trade short? or wise if you avoid?

In other words, is it possible for the Swiss gov to manipulate the long-term trend over night? USDCHF EURCHF for example.

I understand direct interventions rarely succeed (see JP's last week), But this case, Swissy gov is saying "Peg" -- does it make any difference?

I will appreciate any idea from seasoned traders like you!

Thanks a million in advance!
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT. The time now is 07:01 AM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2017, vBulletin Solutions, Inc.