How about that GBP/CHF

Discussion in 'Forex' started by ElectricSavant, Aug 13, 2006.

  1. When does it stop going up? It's never looked back much since the BOE raised rates...

    funny thing is the EUR/GBP did not anti-correlate nicely...


    Some of you with the correct short entry can make a KILLING in the GBP/CHF.

    Good Trading to You
  2. There is more to be "had" on this short...
  3. Six weeks ago I rode it down from 2.300 to 2.2650 trading off support and resistance levels, although I 'm not sure that I am that good at trading it just that it was easy to trade. If you have lots of cash I will guarantee that it will trade down to 2.300 within six months, however it could make a new high in the mean time. It will be interesting if 2.300 can become support or if it will go lower to settle into a more familiar range.
  4. Yes that would be "telling".

    We have seen a "new Level" and it will prolly establish a new "set of ranges", but this one is "sloppy" with a lot of "overlaps" that are not significant. Watch the London open.

    Good Trading to You. :)

  5. If we are short GBP/Long CHF in spot forex
    what is the debit interest like every day?
    also what will be the credit interst if we are longGBP/short CHF?
  6. Shorting GBP/CHF will cost you $14 per lot/per day. I have a buy sig on GBP/CHF right here at 2.3197.
  7. Thanks Riskarb for the approximate $ figure.
    On the other hand can I constrcut a Long GBP/CHF combo indirectly like this & get some interest?
    Long GBP/JPY ( good positive carry?)
    Short CHF/JPY (relatively not so expensive debit)
    Any experience how IB deals this?

    Thanks once again.
  8. Well I hope this worked out for some of you

    Your Welcome :)