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    • XTrade replied Jun 5, 2011

      intervention — Not to mention this pair is where it is with GOOD reason. The US is in turmoil. Switzerland is not. Last weeks numbers were incredibly strong for the CHF and Weak for the USD. Even if the SNB were to buy a bunch of USD so what? ...

      USD/CHF
    • XTrade replied Jun 5, 2011

      I wouldn't count on seeing ANYTHING above parity any time soon. This short is so old, it will take more than a few hundred pips to squeeze the shorts. I agree with a bounce. Let's see if this thing can make it to 8760 before even looking at the 9s. ...

      USD/CHF
    • XTrade replied Jun 4, 2011

      Technically it seems a bit trapped. image Not bad for range trading. although I don't really trade copper I hoard it physically. All pennies before 1982 are worth appx now 2/3 cents depending on spot. That's why the US penny looks like a toy now. ...

      COPPER -The bullish commodity
    • XTrade replied Jun 4, 2011

      Copper is used as an electrical conductor cheaper than others also as pipe. ie: for (water flow / plumbing) We just had massive disasters in New Zealand and Japan, not to mention the growth in China all fuel demand for this metal in particular. ...

      COPPER -The bullish commodity
    • XTrade replied Jun 1, 2011

      LOL - I like it! 8500 hit breach gave us sub 8400! Longer Term I'm looking for 7850 and 7500. At 50 cents we may see some kind of intervention cause that would be pretty pathetic! Really depends on EUR/CHF intervention wise I think. Which is still ...

      USD/CHF