anyone can show me basic strategy for trading with GBP/CHF pair? I am really interested in with this pair but I'm newbie, so I have not any systems for fx trading, especially GBP/CHF
plz help me
plz help me
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Quoting shinkangDislikedanyone can show me basic strategy for trading with GBP/CHF pair? I am really interested in with this pair but I'm newbie, so I have not any systems for fx trading, especially GBP/CHF
plz help meIgnored
Quoting smjonesDislikedFirst off, I have to ask why this pair?
There are a few things about this pair.
1 It is a historically ranging pair
2 It is a high volitatility pair
3 It usually carries a high spread
Having said that It is the perfect pair for a longer term ranging type system. There are a few out there, but they are rather complicated and easy to misuse and abuse. I have Nice one I use, but it is complicated and easy to misuse, so I do not share it to the public.
So without more information from you about your approach, it is nearly impossible to answer your question intellegently. If you are just starting out, I think you would be better served to spend a lot of time learning how to trade and the personalities of various pairs and their cross correlations.
Could you please elaborate?
thanks ScottIgnored
Quoting shinkangDislikedThank you so much for your advice, can you show me the pair newbies can train to trade ?Ignored