I think having a cash position in CHF makes sense here, so, if your margin accounts have $USD as default cash/balance currency, I'd reccomend swapping it for $CHF. I see a potential continuation of the monthly uptrend in the Swiss Franc, which would send this pair easily 15% higher within a year.
Best of luck,
Ivan Labrie.
Best of luck,
Ivan Labrie.
Commento:
Commento:
Commento:
It might take a few days to break the Brexit resistance above.
Commento:
Back to support for now, but I think upside is extremely likely.
Commento:
Almost ready to burst...Accumulated and coiling for an explosive move up.
I'm not trading this actively, but my cash is a $CHF position.
I'm not trading this actively, but my cash is a $CHF position.
Commento:
I made the right decision here...better to have a cash position in $CHF than $USD.