Felix Homogratus
Commander in Chief
- Messages
- 153
Hi there
This is Felix with a possible trade for Swiss Interest Rate. I'll be honest with you, I've been trading these economic news since 2005, and I've never seen Switzerland do a surprise hike or cut on their interest rates, so if you decide to skip this one, I won't blame you
Thursday, December 10th (03:30 am New York Time) Switzerland
We have Swiss Interest Rate coming out. It is expected to read 0.25. Last month it read 0.25 also.
I recommend trading USD/CHF for this report.
Please read what this indicator means and how it affects the USD/CHF by going to this link: https://www.forexpeacearmy.com/fore...tions/7812-swiss-interest-rate-statement.html
The trigger for this indicator is 0.25. This means that if Swiss Interest Rate comes out at 0.50 or more, USD/CHF will probably go down by 100 pips or more in the first 45 minutes of the report. If it comes out at 0 or less, USD/CHF will probably go up by 100 pips or more in the first 45 minutes of the report.
Obviously, the bigger the difference between expected and actual numbers, the bigger will be the move.
There is no after-spike retracement strategy for this, because Swiss government never made a surprise in the last few years
But you can check the history of this report and see charts of USD/CHF and other currencies by going to this link: Forex News Trading | Details and History for CHF Interest Rate Statement
As always, wait for my email this Saturday, where I will review all successful trades of the week.
I hope you make some money on this report.
-Felix
This is Felix with a possible trade for Swiss Interest Rate. I'll be honest with you, I've been trading these economic news since 2005, and I've never seen Switzerland do a surprise hike or cut on their interest rates, so if you decide to skip this one, I won't blame you
Thursday, December 10th (03:30 am New York Time) Switzerland
We have Swiss Interest Rate coming out. It is expected to read 0.25. Last month it read 0.25 also.
I recommend trading USD/CHF for this report.
Please read what this indicator means and how it affects the USD/CHF by going to this link: https://www.forexpeacearmy.com/fore...tions/7812-swiss-interest-rate-statement.html
The trigger for this indicator is 0.25. This means that if Swiss Interest Rate comes out at 0.50 or more, USD/CHF will probably go down by 100 pips or more in the first 45 minutes of the report. If it comes out at 0 or less, USD/CHF will probably go up by 100 pips or more in the first 45 minutes of the report.
Obviously, the bigger the difference between expected and actual numbers, the bigger will be the move.
There is no after-spike retracement strategy for this, because Swiss government never made a surprise in the last few years
But you can check the history of this report and see charts of USD/CHF and other currencies by going to this link: Forex News Trading | Details and History for CHF Interest Rate Statement
As always, wait for my email this Saturday, where I will review all successful trades of the week.
I hope you make some money on this report.
-Felix
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