Discussion in 'Forex' started by TickJob, Aug 13, 2007.

  1. TickJob


    Does any one here trade this pair, what is the main chractericistic of this pair?
  2. TickJob


    I am asking this question because I accidentally found a trading system that was not working well for other currency pairs but it worked very well for CHF/JPY, see the P&L chart below.

  3. It's used primarily as a hedge against carry baskets, as it's nearly swap-neutral. I wouldn't trust any system which doesn't test well against a variety of underlying.
  4. TickJob


    does its movement tend to "neutral" as well, I mean not much trend?
  5. It's lower-volatility than the other yen pairs, but will correlate well. It's useful as a +swap hedge due to its correlation and neutral carry.