USDCHF anyone?

so i have been looking at GBPJPY and GBPCHF lately, but man this USDCHF is even more volatile than GBPJPY.... does anyone trade this pair?

If so, i would love to hear what you think of the pair in comparison to the other pairs like GBPJPY or something else.

I also find this an extremely good pair.
Am seriously thinking of using this pair, but am not sure what sort of trading strategy I have to use.

this pair is killing me, swissy overvaluation is out of control!!!

I think the bearish potential is still good, but it depends on what kind of trader are you. You can hold this position for a corrective rally. Where you want long?

Broke support at 1.047 after the positive CHF news, short from 1.0462 till 1.0435 with SL 0489

Edit: closed on SL on the bounce back - at 0.

Swissy has been off the hook lately - is it just because it's a traditional hedge against uncertainty? I got burnt going long on CHF a couple of months ago - that was when the pair went from 1.12 to 1.16... what I wouldn't give to still have that position.

in after trading quotes, usd/chf just bounced hard at 1.0400 to 1.0415 in seconds were it closed.
hope there is a new uptrend, cause that bearish leg we completed was just insane!!!!.

There will be no hope of a bounce in usdchf until carry unwinding calm. USDJPY goes up so USDCHF goes.. and EURCHF goes.. but if carrry unwinding continue, do not expect any bounce in USDCHF.

Monday will be interesting. Perhaps losses will be consolidated ahead of another drop. And perhaps traders will agressively sell everything.

Technically USDCHF in final stage of completing a 3 wave down, a fourth wave corrective rally should reach 1.0500 ahead of a drop towards 1.0200-1.0 in wave 5.

So actually, usdchf is nearing a short term bottom at parity. I would not go short current levels, I would take the base by long.

The analysis of usdchf also agrees with the count on eurusd which should top around 1.54.

So 1.54 and 1.0 are next turning points in these two pairs I believe. And I am probably wrong.

I went short at 1.15...but was on vacation and decided to close positions while I travelled back. Just got rocked on a couple other positions, so I took the safe route. Next day dropped and hasn't stopped since. So many trades around xmas that I closed would ahve made 2008 much different for me. C'est la vie.

work over more about gbpchf and gbpjpy,then you will find out rules lying-in the 4h charts ,accordingly to that ,you will find an easy way for transaction.


sorry for my poor english!

I trade both - dollaswissey and poundswissey with great success. Huge

moove downs with lots of pullbacks for us to enter again if we missed the ride

Cheers

ps. usdchf goes up then gbpchf skyrockets