A Blog of Commentary and Ideas from an FXstreet Premium Member by 
Greetings again, Everyone!
An Essential Lesson for you… and one of the advantages, in my case, of being a Longer-Term Trader and comfortable with that view.
Our “leaked” Interest Rate Decision came in line and was confirmed, as expected, from our last Post.
U.S. Retail Sales clock in better than expected, and couple with this… we see massive and unprecedented Intervention by the Swiss National Bank to begin their own Quantitative Easing Program.
The SNB comes in for massive Intervention buying of Bonds and Foreign Currencies…while selling off “Blocks” of the Swissy itself. This, in their, view… will help on the Deflation Front and Exports as well.
“CVJ!… Where is the Big Lesson?…. Blah Blah Blah about the Swissy!… Get on with it, Man!” …. the CVJ Guys rant.
Impatient, aren’t they… hee hee hee… 
With the 400+-pip run on the Dollar Swiss Pair… I found myself without any Internet Activity at all for about 4 hours this morning (my time).
While I was not actively in a Position with the Pair… I certainly had other Positions in Play.
But… Was I worried?
Did I panic?
Did I call my Brokers crying out of Fear?
Not in the least.
This was simply due to Two Criteria…. the first being my “Trading Style” itself…where I break up multiple-Lot Positions and “Scale In and Out” accordingly… so I withstand “Market Noise” as part of my Style of Work anyway.
That is all well and good… but Reason #2 is the REAL KEY!… and one of the most important and essential Criteria in all of Trading:
STOP-LOSS!!!
My Risk is ALWAYS defined before a place a Trading Position… so if I was in the Swissy… I still would not have been concerned, as my Stop-Loss was Risk-Appropriate to the Position… and a single Loss will never ever bring Collateral Damage with it to my Accounts.
OK… enough Lecturing!… hee hee hee…
Let’s check in with the Swissy and see what has transpired.
Give the Capture a Click for Commentary, and Post-Time is 16:30 GMT.
Of course, I will return later with the Guys for more Updates as we move along with our day!… and once again… My Apologies for the slight delay.