09.11.202011:32 Forex Analysis & Reviews: Trading idea for the USD/CHF pair

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

According to technical analysis, since March, the USD / CHF pair has moved 8,000 pips in the market, all while not experiencing any rebound.

Such a movement has been constantly occurring in the pair over the past few years that it can already be claimed as the natural pattern of the quotes.

Moreover, after moving for about 7,000 to 10,000 pips, the pair always pulls back by about half or more of its earlier movement:

In that case, the best action is to set up limit orders, starting from the current price to 500-1,000 pips below. This means that a rate of 0.03 standard lots for every $ 1,000 of the deposit should be made, as shown in the picture above.

But of course, there is still the need to manage and control the risks in order to avoid losing profit. As we all know, trading in this market is very precarious and uncertain, but also very profitable provided that we use the right strategies.

Good luck!

Back to the list

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.