Well another thread just so everyone could discuss regarding the swissy.
Its authentic EURUSD is almost a mirror of USDCHF.
Please discuss here on it.
Well another thread just so everyone could discuss regarding the swissy.
Its authentic EURUSD is almost a mirror of USDCHF.
Please discuss here on it.
Hey man. I only exchange usdchf and this is since it's a mirror of eurusd. I dont trade other chf pair. Like keeping it simple, I
In my chart I see chf appreciating versus usd at a short while. My bias could change if I see otherwise, but at that moment im brief usdchf
I exchange this pair. But in the chart u posted, I can see a clear inverted shoulder and head so I think u shd be cautious. If I were u I will probably buy the neckline. Just my thought
Just to be clear about the mirror item. EURUSD and USDCHF are not total mirrors of each other. They are negatively correlated in 97% (not 100%). You can actually exchange a egy which exactly exploits this 3% difference (on very small TFs).
Joyful pips whatsoever,
USDCHF connected with EURUSD 97 percent is enough for me personally to be mirror item.
I utilize price action USDCHF too when I exchange EURUSD
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http://forexinterval.blogspot.com/20...ng-system.html
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Now, I am very bullish with GBPCHF, this is really on daily chart. Let us see if we will have couple of pips. LONG GBPCHF, SL at almost 130 pips.
Notice GBPCHF is nearly the mirror of EURGBP. Only that when EURGBP moves 1 pip, GBPCHF moves 1.8-2 pips (on average).
HI,
I'm new to forex and I had been wondering what you all thought about a current claim a multi-year long on USDCHF may lead to several thousand pips?
Thanks heaps for your input!