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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: ggersh who wrote (28963)	6/8/2010 3:11:59 PM
From: RockyBalboa	Read Replies (1) \| Respond to of 71445

I still try to reconstruct the series of events at around 10am Since I had to sell something (that EUR/CHF) the sudden spike was very welcome and it lasted like 30 seconds, perhaps. But there was EUR intervention rumour written all ovr it, and as it stands it undid the spike anyways in no time. yet why the swiss fell moments before the EUR spiked against the USD (and GBP) is still a riddle. Concerted intervention, but with the SNB types or CHF followers a tad too early? The executions were so bad that I sold 1.3875 when I entered a sell on market (or low limit) with the price just printing 1.3900 or few pips below. But the next 3 prints were at 1.3825, 1.3806 and 1.3797.. after 10 further seconds my anger about a bad sale execution was blown away.