thread: EUR/CHF

Of course a Lengthy today)))

Hi,

Several times in the last few weeks I have read about long trades on the CHF being the closest you can get to a certain thing in forex these days, because of the SNB protecting 1.50 (on EUR/CHF).

What do you believe?

I'd say if we get close to 1.50 back, but I am short eur/chf at 1.5243, just looking for it to reach 1.5200, so close.

The instability was due to the Swiss National Bank intervention a week. Which is cause for concern, I am getting a signal to go short, but this may be enticing the gods (SNB).

Hi,

many times in the past few weeks I've read about long trades on the CHF being the nearest you can get to a certain thing in FX nowadays, because of the SNB protecting 1.50 (on EUR/CHF).

What do you believe?

The instability was due to the National Bank intervention last week. Which is cause for concern, I am getting a signal to go short, but that may be enticing the gods (SNB).

See the screenshot
Seems lot of fundamental movement too

1 Attachment(s) Watch the screenshot
Seems lot of fundamental movement also
https://www.cliqforex.com/trading-sy...ps-2008-a.html

Appears there is a lot of unstability and strange movement inthis Pair. That is why im now not investing in this Pair.

My spread was 2,7. I know it's not a truly great trade, but I got around 25 pips from this pair in the past five hours. It is a really relaxing method of earning some cash. I use a somewhat higher leverage on this pair than on dollar pairs.

Yep, it IS relaxing trading which pair atm. Now it is in a downtrend, but it could be described as ranging. It pulsing and slow

58 buy, 65 TP? What is your spread? 4 pips.

My disperse was 2,7. I know that it's not really a great trade, but I have around 25 pips from the pair in the last five hours. It's a way of earning some cash. I use a marginally higher leverage with this pair compared to dollar pairs.

I exchange it sometimes. I'm scalping usually, trying to find a gt;15 pip range on the M1 chart, with evidence of some 5-pip candles. After the market is quite liquid and EUR/CHF is restricted in a normal range and I visit lots of yo-yo action in the PA, I will hit brief targets one following the next. But there are lots of sneaky breakouts. . .so that I are inclined to scalp.

True about the sneaky breakouts, but if you have a decent SL you own a 1/1 the breakout heads in your direction and you have your TP (or even higher when it is a large move of several pips in once). When it's your SL safeguards you and the many scalps that are ranging should cover that loss.

Currently I am buying everything under 1,5058 with TP @65

58 buy, 65 TP? What is your spread? 4 pips.