Swiss Knife in cold butter (USDCHF, EURCHF, GBPCHF, AUDCHF, CADCHF, CHFJPY)
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thread: Swiss Knife in cold butter (USDCHF, EURCHF, GBPCHF, AUDCHF, CADCHF, CHFJPY)

  1. #1
    Junior Member Cabagok's Avatar
    26

    Swiss Knife in cold butter (USDCHF, EURCHF, GBPCHF, AUDCHF, CADCHF, CHFJPY)

    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.

  2. #2
    Can anyone tell me if they see the chfjpy going brief now. Im in a trade on breakeven. This item moves in consolidation and suddenly shoots a big candle. I hope im in the right direction now and a significant bear candle.
    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

  3. #3
    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

  4. #4
    Can anybody tell me if they see that the chfjpy going short today. Im at a trade on breakeven. This item goes in consolidation and suddenly shoots a huge candle. I hope im in the right direction today and a big bear candle.
    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

  5. #5
    Junior Member fifiolo's Avatar
    9
    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,

  6. #6
    Junior Member oxrtin16perwzs's Avatar
    13
    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

    ________________

    http://forexinterval.blogspot.com/20...ng-system.html

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  7. #7
    Junior Member pauladd's Avatar
    14
    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.

  8. #8
    Junior Member jarivfer's Avatar
    11
    USDCHF connected with EURUSD 97% is sufficient for me personally to be mirror item.

    I use price action USDCHF also when I trade EURUSD

    ________________

    http://forexinterval.blogspot.com/20...ng-system.html

    .
    Me also.

  9. #9
    Junior Member ammx171's Avatar
    23
    Notice GBPCHF is nearly the mirror of EURGBP. Only that when EURGBP moves 1 pip, GBPCHF moves 1.8-2 pips (on average).

  10. #10
    Junior Member ETERNOXVII's Avatar
    21
    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!

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