Hello guys,
This is my first post since graduating from the school of pipsology (go me!!). I am a new trader to Forex and
have just been examining some news and can see the SNB are looking to purchase Euro’s against Swiss pushing the rate to 1.35 according to numerous news feeds including the wall street journal.
I am looking to buy in at market around 1.210 and stay in for the long hall, utilising my margin until the SNB
make the purchase to push the currency pair to 1.35. I think its pretty unrealistic the price will reach 1.35 but 1.29 is achievable.
Anyone got any opinions?
Thanks
Dan