USD/CHF Naked Swing Trading And Making 1000 Pips In 7 Days

9 December 2016, 07:30
Ahmad Hassam

USD/CHF is a mirror of EURUSD most of the time.

If EURUSD moves up, you will find USD/CHF moving down.

Why? Both are negatively correlated.

Reason is simple. Investors run towards CHF when there is political uncertainty.

When CHF appreciates, this forces USD/CHF pair to go down.

Read this blog post in which I analyze in detail a USD/CHF naked swing trade that made 1000 pips in 7 days.

Trading is all about managing the risk first and thinking about profit later.

At no time the risk should be more than 1%.

Read the post and learn how to build the pyramid.

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