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Eur/chf - Rare opportunity ?

  #21 (permalink)

Trading Experience: Advanced
Platform: NinjaTrader
Favorite Futures: Forex
aediaz1's Avatar
Posts: 57 since Apr 2011
Thanks: 20 given, 39 received

It seems like it could be worthwhile to hunt for an intervention trade on usd/jpy. My guess is less then 7 days before they take action if usd/jpy isn't trading higher than now but I can hardly call it an educated guess. It is so typical pre-intervention environment we see right now as nobody believes they will ever intervene.

Some of the biggest manufacturers in Japan have already started to look for another country to move their industry into because of the strengthening Yen. This simply cannot continue.

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