Exactly. I would LOVE a 1000 pip move up! 1. But about the "game changer news", are you referring to the ECB possibly capping the rates at which some European nations can borrow at, in which the ECB will hold yields on bond prices at an artificially ...

EUR/CHF

What I would do (am doing) is treating the EURCHF like an option. It is not a perfect comparison by any means but: 1. My downside risk is limited to what I have in my account (neg. balance protection!) 2. I am paid positive swap everyday I hold a ...

EUR/CHF

Well said Bluedolphin, I think you summed it up very well. As you said, the SNB wouldn't abandon the peg just to then again introduce it at a lower rate.

EUR/CHF

Could be. But also, could it be a relative lack of liquidity in this pair. The price on my exness ecn account hasn't gone below 1.20076 in the past 8 days at least. The price on my exness mini account however yesterday spiked down to 1.20021 though.

EUR/CHF

Sorry, my mistake. I meant GO Markets. And they pay $0.00 swap for a long position. I also have a IG Markets account, and you are right they do pay neagtive swap and that's why I don't use them anymore.

EUR/CHF

Hey guys, I use GO Markets and I think that they have changed their Long Swap rate to $0.00. Is anybody else with GO Markets?

EUR/CHF

Sounds interesting. Do you know of any brokers that have positive swap and 1000:1 leverage all the time?

EUR/CHF

Same here. I think a spike like that would probably not occur as the SNB have said the 1.2000 will be defended. Remember when that level was breached by only a little, and the SNB even had to make a statement about the floor being defended. If a ...

EUR/CHF

On my Exness mini I had a spike downwards to 1.19994 but the bid is 1.20048 and the ask is 1.20127. But I think the key is to make sure that you can withstand temporary spikes below the 1.2000.

EUR/CHF

Agreed, I was just thinking about that. But as I am almost 100% sure that the peg will hold and have my stops way below the 1.20 price I am not too worried. The chances of the SNB saying that they will not defend the peg over the weekend is almost 0. ...

EUR/CHF

I thought that the standard account you could use 200:1 leverage and maybe even 400:1 leverage. I spoke with an account manager from Sunbird last week and that's what he said to me. I think I might have to look into it further though. I know for ...

EUR/CHF

Sunbird? — Hey guys, I have been using a Sunbird Demo account. It seems to pay about AUD$1.67 for 1.00 eurchf long. They don't seem to have many spikes like some of the other brokers. Their spread is about 3 pips though. Does anyone have an ...

EUR/CHF

In my opinion, while price stability may be a mandate, a falling eurchf will severely impact the Swiss export industry, including employment in that industry. And also, in a world of debt deflation and policies to protect employment at home, I think ...

EUR/CHF

Also if I may make another point, once an asset price bubble bursts (eg: housing) the immediate effect will be a deflationary effect on the economy. Also I don't think that the SNB includes the price of housing in the CPI, correct me if I am wrong ...

EUR/CHF

I doubt that the SNB would unpeg the euro (or rather remove the floor). Remember that they want to protect their currency from becoming too expensive to help their exports. I think that is the bottom line for them. If they remove the floor, people ...

EUR/CHF

Hi Bluedolphin, 1) I find that ECN accounts have a very tight spread and you can place orders within the spread at specific prices. If the peg breaks and your account has negative balance protection, then your account will be wiped out but you won't ...

EUR/CHF

Hi there, I am pretty sure that they can change the rates whenever they want. I think it may be in their terms and conditions. I only used a demo with AVAfx but I didn't like them. They didn't pay much swap and their spreads were much bigger.

EUR/CHF

As the volatility has gone from this pair, you could find an ECN broker that has nice tight spread and good commission rates and trade large positions for 0.5 or 1 pip profit. With ECN brokers you can place orders anywhere so you can scalp this ...

EUR/CHF

That's right. But I haven't given up hope, far from it. What I love the most is the floor. I love having an almost guaranteed safety net, which allows you to take bigger positions. With all that leverage, any price move of 5 or 10 pips gives you a ...

EUR/CHF

I think a catalyst that would be great would be a floor of 1.2500 or 1.3000, the higher the better for me As for a sustained upward move, this might be good EUR news, but then again this might not impact the pair very much as the volatility has ...

EUR/CHF