Echf is trading @ 2044 and SNB never let it go below 2022. SNB bids @ 2040 with more buying interest in shape of 2025 barrier defense @ 2030.
I have gone long at 46 and scattered more orders below, stops should be below 2000 but i am taking the risk that 2025 barrier will be defended so SL's are @ 2015.
Update: Orders @ 2040 and 20375 got triggered.
Update2: Its Monday and we are still trading between 2030 and 2050. I have my 3 longs in and the limit buy orders still on.
Update3: Orders @ 2035 and 20325 also got triggered. Hearing talk of chances of SNB getting a little smart this time and let the stops below 2000 which are worth like 26 Bio get triggered and than intervene after that. Well i have just around 2% risk on a trade that can bring me like 10% return inside a minute so just gonna let it be. ( though i am gonna put some thought into possible scenarios of SNB's actions and post them)
I have gone long at 46 and scattered more orders below, stops should be below 2000 but i am taking the risk that 2025 barrier will be defended so SL's are @ 2015.
Update: Orders @ 2040 and 20375 got triggered.
Update2: Its Monday and we are still trading between 2030 and 2050. I have my 3 longs in and the limit buy orders still on.
Update3: Orders @ 2035 and 20325 also got triggered. Hearing talk of chances of SNB getting a little smart this time and let the stops below 2000 which are worth like 26 Bio get triggered and than intervene after that. Well i have just around 2% risk on a trade that can bring me like 10% return inside a minute so just gonna let it be. ( though i am gonna put some thought into possible scenarios of SNB's actions and post them)
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