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alaneth

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  • First Name
    Alan
  • Last Name
    Ee
  • Country
    Malaysia

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    No
  1. I'm long on EURCHF & very aware of my automatic stop loss by SNB @ 1.20. I'm using full leverage of 400:1 on my mini account. As such my risk level % is 80%. But I've got full SNB backing or max 10pips below 1.20. So no problem with that crazily high risk level of 80%.
  2. alaneth

    Eur/chf

    What we can do right now is to long as much as possible with super high leverage. I'm doing 500:1. No need stop loss. SNB is our stop loss, say at 10 pips below 1.2000. Just be very very very patient & carry trade overnite until something happens. I think SNB will not intervene so quickly or they may be viewed as inconsistent. Jordan also needs some time to settle down in his 'new' position. So just long & carry. Perhaps we have to wait till Sept 15th, 2012. A long long way to go. But the carry trade ain't bad... Problem is many brokers knows what we all are doing & slash swap rates for long posn. Some brokers even have -ve interest rates for long positions!!!
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