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SWISSY

  • #1
  • First Post: Aug 15, 2007 1:46pm Aug 15, 2007 1:46pm
while cable and euro were playing yo-yo today Swiss franc was steadily going up and its no wonder. check out the triangle on the weekly. We are now a little more the 50 percent up to the last high, so watch for a small retracement then buy on the dip.
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  • #2
  • Aug 15, 2007 1:47pm Aug 15, 2007 1:47pm
oops here is the weekly
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  • #3
  • Aug 15, 2007 4:24pm Aug 15, 2007 4:24pm
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting Big Wave Rider
while cable and euro were playing yo-yo today Swiss franc was steadily going up and its no wonder. check out the triangle on the weekly. We are now a little more the 50 percent up to the last high, so watch for a small retracement then buy on the dip.
could you enlighten me swissy refers to which pair? how long have you traded it?

always looking to add less volatile pairs to my list
  • #4
  • Aug 15, 2007 6:07pm Aug 15, 2007 6:07pm
Swissy is the swiss franc, I have been trading the usdchf and chfjpy alot lately
the swiss yen is a good alternative to gbp-yen as it almost has the same excact price or chart pattern but alot less volatile and alot cheaper. The margin is half price of GJ but GJ gives alot more pips or takes alot more pips.

I like to consider it as a safe bet in uncertain times.
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  • #5
  • Aug 16, 2007 3:21am Aug 16, 2007 3:21am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting Big Wave Rider
Swissy is the swiss franc, I have been trading the usdchf and chfjpy alot lately
the swiss yen is a good alternative to gbp-yen as it almost has the same excact price or chart pattern but alot less volatile and alot cheaper. The margin is half price of GJ but GJ gives alot more pips or takes alot more pips.

I like to consider it as a safe bet in uncertain times.
thanks for the info, same reason i trade the AJ and the AU. will add both these to my study list. tried to cover to many pairs before and lost the plot, but feel i am growing and can handle the extra load, always helps when there is a thread about it.

cheers

MPP
  • #6
  • Oct 18, 2007 4:58pm Oct 18, 2007 4:58pm
Check out Euro Swissy, this is the weekly which looks really nice however when you look at the 4hr it's pretty ugly with all kinds of fake signals
This is a buy and hold pair.
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  • #7
  • Nov 6, 2008 8:46am Nov 6, 2008 8:46am
Here's an old thread that needs some love. Swiss yen 4hr. waiting for breakout. current trend is down.
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  • #8
  • Last Post: Nov 6, 2008 10:47am Nov 6, 2008 10:47am
Swissy dollar finding support on a pitchfork. Daily.
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