USDCHF - Was this expected?

FX:USDCHF   U.S. Dollar / Swiss Franc
983 69 9
Did price just respect the technical trend line?

Where to from here?
If support @ 0.88 holds, could see a long to 0.9928
decline to 0.7852

But will support hold? I doubt, considering the strong confluence of supp/res at 0.9938 and 0.9928.
To pin hopes that the SNB will support prices is like learning nothing at all from today's events.
Force... What was your account leverage on Oanda if I may ask?
ForceFollower justatrader
50:1. My usual level. How about you?
justatrader ForceFollower
Same.. But now seriously considering to get it down to 20.. Would leave me with just currency trading then. (I scalp indices intraday, which require 50 at my current standing). Sent you a PM.
Some people expeted a return: https://www.facebook.com/206341572799059/photos/a.718878428212035.1073741828.206341572799059/788522591247618/?type=1&relevant_count=1
Aynone have source of Which Currency are Pegged to Which? Thanks alot
+1 Reply
justatrader Newbie3YrTrader
Hahaha.. smart question buddy!! Well, not many left now, as far as majors are concerned. USDRUB broke the peg or band last year. CHF this week. From Europe, you have the Danish Krone. http://www.swissinfo.ch/eng/bloomberg/denmark-rejects-speculation-it-will-quit-euro-peg-after-snb-move/41221290 Spreads are usually high regardless of which broker you choose, so if you want to trade, you should be very cautious. Compared to CHF liquidity, DKK will be horrible.
+2 Reply
+1 Reply
the USDRUB pair was in outer space price of 75, if i remember correctly and then Putin decided to stab USD
you can't find this chart in TV anymore (as the name has changed), so it is gonna be extremely precious to me :-)
so what did Russian Central Bank do on 14/15 Dec 2014? And what happen to this pair?
Of course even a kid wont want to trade Rubbers, so the affected are only few unknowns
+1 Reply
the surprise attach by central bank happened just almost exactly one month ago, want to make a guess which pair and i will show you the chart :-)
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