CHF/JPY

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

  1. TickJob

    TickJob

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

    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.

    [​IMG]
     
  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

    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.