Disliked{quote} Hello Emmanuel, May I ask why you avoid the chf pairs? Thanks!Ignored
Hi ,
a few little reasons,
1. USDCHF move in opposite direction to EURUSD, therefore when I have EURUSD in my trade watchlist I can safely leave out USDCHF.
2. the CHF is a financial market driven currency and there is frequent SNB action, no early warning.
3. I have 16 currency pairs in my trading watchlist, these are enough to provide me with 5 good trades every week. Therefore I leave out those CHF crosses. The EURAUD,EURCAD,EURNZD, GBPAUD,GBPCAD and GBPNZD are better pairs to trade the 4H swing with their wider weekly ATR ranges.
note : 16 pairs in a watchlist is too much for some new traders. It take years of trading experience to be able to do trade planning every week for that many pairs. Most traders make do with 5 to 8 pairs every week.
Hope this help.
regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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