USDCHF Trading on Stock Pair 33 ITM

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker!
    Perfect For Beginners!
    Free Trading Education!
    Free Demo Account!
    Sign-up Bonus:

  • Binomo
    Binomo

    Good Choice For Experienced Traders!

Trading strategy for the currency pair USD/CHF

Foreign exchange market involves trading of the currency pairs. Some of these pairs are in great demand among traders, some are less popular. The pair USD/CHF falls outside any definitions.

A trader will be able to earn profit on the pair USD/CHF provided he/she has special knowledge and skills. There are plenty of strategies and techniques for working with the USD and Swiss franc.

Let’s see how a trader can earn profit at Forex on the pair USD/CHF.

USD/CHF – how to make it work for our benefit?

First of all, note that the base currency in this pair is the USD, while CHF is a quoted currency. This is the first feature, which distinguishes this pair from the others, as usually the USD acts as the quoted currency. Exchange rate of any currency pair shows how much quoted currency shall be paid for one unit of the base currency. In our case we buy the USD for the Swiss francs. If exchange rate is 0.8778, you can buy one USD at the price of 0.8778 CHF.

Now we need to understand how much you can earn at Forex per day trading the pair USD/CHF.

In order to answer this question we shall see the attractive features of this pair and here we can mention:

  • easiness in making a precise forecast of movement direction in this pair;
  • stable price formation;
  • high liquidity;
  • simplicity in carrying out fundamental analysis.

Switzerland is a financial center of the world, a banking Empire, which widely attracts the largest investors of the world. This fact makes SHF a safe haven currency with a good reputation and traders working with this pairs usually receive stable income.

Traders who plan to work with this pair sometimes find it difficult to calculation the value of one pip. This is a disadvantage of all indirect quotes; however there is a formula showing how to do. A trader just needs to practice a lot in order to make this procedure simple.

The formula is as follows:

Value 1 pip in the pair USD/CHF = (lot size x minimum price): current price.

For example, if you place an order for 0.5 of the lot at a price of 0. 8877, a pip value will be 5.64. If we make a profit of 10 pips, it will be equivalent to 56.4 USD.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker!
    Perfect For Beginners!
    Free Trading Education!
    Free Demo Account!
    Sign-up Bonus:

  • Binomo
    Binomo

    Good Choice For Experienced Traders!

This pair highly depends on the fundamental factors and the data on changes in to interest rates GDP or employment in the USA may cause high volatility in the pair.

A trader shall also take into account correlation of this pair with the other pairs, especially with the EUR/USD, as these two pair are closely interconnected. Knowing the movement in the pair EUR/USD a trader can easier predict the movement in the pair USD/CHF.

It is important to trace history of the movement in the pair for a couple of years. Analysts has noted that in the past few years the pair has been moving in the sideways in the channel of one thousand points. Knowing this fact traders mark the upper limit of one thousand and the lower limit of 0.9000.

  • If the price bounces up from the lower limit and goes up through one or two candles, it is recommended to open a buy position. In this case, Stop loss is placed below support level. Take Profit is usually placed at a level of 0.9500.
  • If the price bounces from the upper level, traders shall open sell positions. Stop loss is placed above the resistance level. Take Profit order is usually placed at the target level.

In trading with the pair USD/CHF it is advisable to take into account specifics of the pair. If a trader has sufficient skills he/she can easily make reliable forecast and gain good profit. It is preferable to choose short-term trading and follow economic news.

P.S. Did you like my article? Share it in social networks: it will be the best “thank you” :)

Ask me questions and comment below. I’ll be glad to answer your questions and give necessary explanations.

Useful links:

  • I recommend trying to trade with a reliable broker here. The system allows you to trade by yourself or copy successful traders from all across the globe.
  • Use my promo-code BLOG for getting deposit bonus 50% on LiteForex platform. Just enter this code in the appropriate field while depositing your trading account.
  • Telegram channel with high-quality analytics, Forex reviews, training articles, and other useful things for traders https://t.me/liteforex

The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteForex. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2004/39/EC.

Dollar to Swiss franc Chart and Live Prices Today

USD CHF Live Chart

About this chart

This page includes full information about the USD/CHF, including the USD/CHF live chart and dynamics on the chart by choosing any of 8 available time frames. By moving the start and end of the timeframe in the bottom panel you can see both the current and the historical price movements of the instrument. In addition, you have an opportunity to choose the type of the display of the USD/CHF live chart – Candles or Lines chart – through the buttons in the upper left corner of the chart.All clients that have not yet decided which instrument to trade are in the right place since reading full characteristics of the USDCHF and watching its performance on the charts will help them to make their final decision.
It is easy to find any instrument since there is a filter for instrument types, offered by IFC Markets, and once the type is chosen, the list of all instruments can be seen right next to that filter.

Demo deal was closed with a positive profit.

Your Demo deal was closed with at a loss.

In order to start real trading in Forex & CFD market, you need to:

Start trading in the Forex and CFD markets without risking your own money.

Try Your Trading

Demo deal was closed with a positive profit.

Your Demo deal was closed with at a loss.

In order to start real trading in Forex & CFD market, you need to:

Start trading in the Forex and CFD markets without risking your own money.

About this chart

This page includes full information about the USD/CHF, including the USD/CHF live chart and dynamics on the chart by choosing any of 8 available time frames. By moving the start and end of the timeframe in the bottom panel you can see both the current and the historical price movements of the instrument. In addition, you have an opportunity to choose the type of the display of the USD/CHF live chart – Candles or Lines chart – through the buttons in the upper left corner of the chart.All clients that have not yet decided which instrument to trade are in the right place since reading full characteristics of the USDCHF and watching its performance on the charts will help them to make their final decision.
It is easy to find any instrument since there is a filter for instrument types, offered by IFC Markets, and once the type is chosen, the list of all instruments can be seen right next to that filter.

About Currency Pair USD/CHF

The US dollar (USD, “Greenback”) is the most widely traded currency in the world. The issuer is the Federal Reserve System(the Fed).

  • Is the most popular reserve currency, held by central banks, financial institutions and private investors
  • Is considered as a “safe haven” currency in periods of instability due to universally recognized reliability of the US economy
  • Is used as a standard payment unit in commodity markets

The Swiss franc (CHF, “Swissie”) is the 6th most traded currency in the world. The issuer is the Swiss National Bank.

  • Is considered as a “safe haven” currency due to the country’s non-inflationary and stable economy

USD CHF History

Date Open price High Low Close price Change %
2020-03-16 0.94706 0.95253 0.93913 0.94721 0.45
2020-03-13 0.94524 0.95687 0.94220 0.95138 0.65
2020-03-12 0.93933 0.95510 0.93209 0.94526 0.63
2020-03-11 0.93744 0.94010 0.93240 0.93937 0.22
2020-03-10 0.92580 0.94107 0.92580 0.93737 1.24
2020-03-09 0.92823 0.93192 0.91835 0.92580 1.4
2020-03-06 0.94533 0.94660 0.93176 0.93874 0.72
2020-03-05 0.95705 0.95707 0.94458 0.94543 1.24

Trade Currency Pairs and discover the benefits of Forex trading with IFC Markets

50+ Currency Pairs

Best Execution

Synthetic Instruments – Portfolio Quoting Method

Advanced Trading Platforms

Technical Analysis

Technical analysis is a method of studying and evaluating market dynamics based on the price history. Its main purpose is to forecast price dynamics of a financial instrument in future through technical analysis tools. Technical analysts use this method of market analysis to forecast the prices of different currencies and currency pairs. This type of the analysis will allow you to make market forecast based on studying historical prices of the trading instruments.
See also latest technical analysis of the price dynamics of Dollar Swiss franc: USDCHF forecast.

Three Pairs Hedging

Hi Guys,
I am a great fan of hedging ;-)

Here I show you how I hedge “circel pairs” = GBPUSD > USDCHF > GBPCHF”
“Circel pairs” means each currency “GBP” “USD” and “CHF” appears twice in these three pairs.
GBPUSD = Buy
USDCHF = Buy
GBPCHF = Sell

GBPUSD = Sell
USDCHF = Sell
GBPCHF = Buy

I used no indicator at all, but it took sometimes a while to get in profit.
I used same lotsize on all three pairs and TP of 100$

One might say, hey, why did you not trade just GBPUSD and GBPCHF?
Because, it causes such a big DD which can blow an account in very short time, so please do not try this at home ;-)

Here some more examples for three pairs hedging:

BUY BUY SELL
or SELL SELL BUY

EUR/CHF CHF/JPY EUR/JPY

GBP/CHF CHF/JPY GBP/JPY

USD/CHF CHF/JPY USD/JPY

EUR/GBP GBP/CHF EUR/CHF

EUR/USD USD/CHF EUR/CHF

EUR/GBP GBP/JPY EUR/JPY

EUR/GBP GBP/USD EUR/USD

EUR/USD USD/JPY EUR/JPY

GBP/USD USD/CHF GBP/CHF

GBP/USD USD/JPY GBP/JPY

There are still some more opportunities, but then the spreads are very high!

I used a simple EA, where I only had to enter the three pairs, whether I want to open a sell or buy order for the single pairs, the lotsize and the TP. It did not use any indicator and opened new trades as soon as the previous ones where closed.
But I do not have this EA and do not know its name anymore. But I had it from this forum. I would have preferred to have automatic Lot size (calculated by percentage of free margin) and automatic TP (calculated by percentage of equity).

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker!
    Perfect For Beginners!
    Free Trading Education!
    Free Demo Account!
    Sign-up Bonus:

  • Binomo
    Binomo

    Good Choice For Experienced Traders!

Like this post? Please share to your friends:
Best Binary Options Trading Guide For Beginners
Leave a Reply

;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: