CHF mess

[TraDaToR]

http://www.bloomberg.com/news/2015-...ures-jump-indicating-equities-to-rebound.html

I just lost around 10 % of my Net Worth where I live( Switzerland ). My assets are 1/3 in USD, 1/3 in EUR and only 1/3 in CHF.

 

[clacy]

Remember with a reset like this, you will have plenty of opportunity to get it back

 

[TraDaToR]

Some people definitely blew up today for sure, so I will be OK. Waiting for the stories from casualties( HF, prop firms, banks...)

 

[cstfx]

Some people definitely blew up today for sure, so I will be OK. Waiting for the stories from casualties( HF, prop firms, banks...)

IG Group Facing Losses up to £30 million, After Excessive Volatility in CHF

See more at: http://forexmagnates.com/breaking-i...ssive-volatility-in-chf/#sthash.Eadrkr5a.dpuf

 

[cstfx]

IG Group Facing Losses up to £30 million, After Excessive Volatility in CHF

See more at: http://forexmagnates.com/breaking-i...ssive-volatility-in-chf/#sthash.Eadrkr5a.dpuf

** wonder how many bucket shops will be gone by end of day

 

[loyek590]

I remember when they pegged, it was just as severe, at least in my account. I just happened to be 50% long and 50% short chf. My broker is very good, ib, no bucket shop, but still my stops traded through by 9 handles. Of course my shorts went on to greater glory.

I welcome chf back into the fold. It was getting kind of expensive for SNB to peg. I'm short eur.chf and plan to stay that way a long time. You never know about that USD, I try to keep my exposure at a minimum. CHF should make a good alternative now to USD.

 

[TraDaToR]

Yes. USD shouldn't have dropped as much as EUR...

 

[nemesis45]

USD has bounced back.
Still looks like an awesome long

 

[TraDaToR]

http://www.theguardian.com/business/2015/jan/15/swiss-franc-what-the-economists-say

 

[AdrianHagh81]

I know a lot of grid traders have been taking advantage of the CHF ceiling,

Heres one example at zulutrade

http://www.zulutrade.com/trader/145971?t=10000