Quote from spanish89:
SNB have set the EUR/CHF floor peg at 1.200,
so market cannot get below that, meaning as long as your stoploss is below 1.200 you cannot ever lose money!![]()
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The pair had risen to 1.2400 during the dow rally,
but even with Cyprus/USA budget cuts/Italian election/North Korea this pair still couldn't get below the 1.2130 yearly support!![]()
And so unless you are a fucking foolish idiot why are you not putting your entire capital behind buying this pair here at 1.2126,
stoploss 1.1920 and target of 1.2326???!
Ever look at history? Back in the 70's it was illegal for plywood to break above a certain point. Guess what? It broke through it. Good luck with doing anything which is "risk free".
