Currently viewing the tag: "chf"
Buying EUR/CHF anywhere close to 1.20 will turn out to be the easiest trade of 2011. I bought the pair on Sept. 9 at 1.2066 and with a stop at 1.1945.
The story is well known. The Swiss National Bank pegged the franc to a minimum of 1.20 against the euro on Sept. [...]
USD longs versus CHF (at 80.12) and JPY (at 77.92) on July 27. Stopped out of both trades on July 29 July 29. Result: -60 pips
Entered with stops at 79.82 (30 pips) and 77.62 (30 pips). Greatest open loss: 30 pips. Greatest open gain: CHF +34 pips; JPY negligible
I entered this pair of [...]
Entered NZDCHF short at 69.67 on 30 June. Exited July 25 at 69.68. Result: -1 pip
This was one of two trades I entered in late June with wide stops. The reasoning was: 1) expectations of rising risk aversion. 2) Hikes overpriced from RBNZ. 3) Slowing in China. 4) Run-up beginning June 26 was overdone.
This [...]
Not long ago, Geithner was pronouncing the US would never lose its top rating but now the market is in the process of pricing in a downgrade. The S&P 500 fell 2% to 1305 on Wednesday and is the process of putting in its worst weekly performance in almost a year. The consensus is that the [...]
Live EUR/USD Chart
