Virtuoso, a question, the mad as a bag of badgers spike on EUR/CHF...

[GammaJammer]

Plenty of people will fade it above the figure. Maybe even earlier.

 

[poborsky]

cheers, trail stop is well in profit

 

[Martinghoul]

I took my long off... Don't wanna be greedy.

 

[GammaJammer]

I think it's gonna come round again anyway.

 

[montmorencyt2w]

"The GBP/USD, which found support near a key Fibonacci level (38.2% retracement of the March low to the 2009 high) was buoyed by a severly oversold daily RSI."

Too funny, which blog is this? I could do with a larf today.

Sorry, I have forgotten now, and not really worth chasing up I think

 

[montmorencyt2w]

Of course I'm not in the SNB and perhaps the 200MA is their real big thing. But I'd bet against it.

I'm sure you're right. What they probably use is the 200 SMA. (The Swiss Moving Average - tastes of chocolate and goes "cuckoo!")

 

[GammaJammer]

I'm sure you're right. What they probably use is the 200 SMA. (The Swiss Moving Average - tastes of chocolate and goes "cuckoo!")

Actually they intervene whenever they see a head and shoulders formation where the angles are the same as the spikes on a Toblerone

 

[poborsky]

closing the rest of my trade. food and vino tinto time. that 200 swiss MA worked a treat!!