USD/CHF
I am opening this thread so we can discuss USD/CHF
Here's my take on USD/CHF, I've been buying every leg down in that. I closed all longs around 0.9710 to turn short at the break of that up channel.
new down channel formed on USD/CHF as it had been rejected on the upside (0.9704)
it broke the channel to the upside on a mix of USD related news releases Building Permits/PPI/Core PPI/Housing Starts
this pair has more volitle as compare to other usd cross and thats why i mostly trade this pairthis come in the basic major pairs also keep sharing your idea it help most dear.
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USD/CHF yeah i know about this pair because this pair is really very profitable but we need a large amount of funds for trading on it and i once suffered a loss here when i traded on it with a less amount of fund.
Originally posted by bharat23USD/CHF yeah i know about this pair because this pair is really very profitable but we need a large amount of funds for trading on it and i once suffered a loss here when i traded on it with a less amount of fund.
Why large amount of funds especially for this pair?
USD/CHF is one of my best pair because this is very profitable to me and whenever i place order on it i make a good proit but i use my strategy and MACD indicator then accordingly place the order.