Comments on: USD/CHF: Longs looking better but still a long way to go

By: FxDrive

FxDrive — Wed, 24 Apr 2013 06:58:02 +0000

Rofl…i wish that would even come close to reality , just have a lot of patience and take what looks better.

By: Sean Lee

Sean Lee — Wed, 24 Apr 2013 06:53:22 +0000

Yes well done indeed Drive, your analysis was Guru-esque 🙂

By: FxDrive

FxDrive — Wed, 24 Apr 2013 06:20:26 +0000

Hey Sean , i got out of my trade at 0.9450 , looks too heavy for my comfort level on short term. But still 230 pips for 40 risked is not bad 🙂

By: Sean Lee

Sean Lee — Wed, 24 Apr 2013 06:04:26 +0000

Usual mkt rumours can be ignored for now I feel, CHF is historically way overvalued and reasons for holding it are diminishing, that’s the main story.

By: Papillon

Papillon — Wed, 24 Apr 2013 05:56:38 +0000

Thanks Sean,

Did you heard something on EUR/CHF ? Is it only the rumour about the SNB peg ? or a real opportunity and the HFs jumped in yesterday ?

By: Sean Lee

Sean Lee — Wed, 24 Apr 2013 05:39:47 +0000

Nice cut on EUR/GBP, its very choppy at mom and suits range/swing traders. Not 100% sure on Swissy lvls but we have the right position. Maybe some consolidation 9350/9500 be4 higher?

By: Papillon

Papillon — Wed, 24 Apr 2013 05:30:15 +0000

Good evening Sean,

Thanks for this reply on USD/CHF. I got out yesterday on EUR/GBP. By the way, you have had the right level at 8510.