swiss trade strategy

[laila]

Technical resistance levels: 1.1754 1.1913 1.996
Technical support levels: 1.1486 1.1300 1.1105

Trading range: 1.1775 - 1.1700
Trend: Downward
Sell at 1.1761 SL 1.1791 TP 1.1711

[hemo0]

i dont this a strategy man..this is an anlysis

[forexdude]

tthese are signals not strategy
a strategy would be like this >>>> buy at rsi 80 and sell at rsi 20

[king2k9]

,0701. USD CHF is in an downtrend directed

. USD CHF is in a consolidation after the last bearish movement.


The volatility rises.

Bollinger bands are deviated.

The consolidation should continue. The price should continue to move in 1,0600 / 1,0750 range.

Resistances

1,0745 - 1,0800

Supports

1,0640 - 1,0595

[mosab80]

the best strategy i used with the swiss is to hedge it with eurousd...very safe cus of the great correlation between them

[DollarBull]

Last time SNB intervened near 1.065, USDCHF rallied to 1.12. I think the market will take that hint and will not send USDCHF below that level. Hence the downside risks are not that high. I recommend USDCHF BUY at present levels (below 1.0700) and hold on to it for a while. EUR may be a risky buy at this time.

EURCHF may be traded instead of buying CHF and hedging with EUR. This is a slow range trading pair, except during interventions. Once you trade it, go back to watching paint dry and once the paint is dry come back!

[DollarBull]

As i predicted earlier two days ago, SNB intervened in FX markets today to keep Swiss Franc weak and moved CHF from 0.992 to 1.0020. The intervention rattled fx markets and USD made a steady recovery against majors.

[blissreel]

As i predicted earlier two days ago, SNB intervened in FX markets today to keep Swiss Franc weak and moved CHF from 0.992 to 1.0020. The intervention rattled fx markets and USD made a steady recovery against majors.

Dollar Bull u're the bomb. Keep it up. We newbies need experienced techno - fundamental traders like u to learn from. Please keep on posting.

[blissreel]

the best strategy i used with the swiss is to hedge it with eurousd...very safe cus of the great correlation between them

I think u're right

[DollarBull]

BUY at 1.0000

SNB says it will act decisively against CHF strength.

1 year fx options exist at 1.18... so a long way up

[blissreel]

And it goes a long way up till now. It will still continue till the week runs out.