Forex Zone | Forex Forum

Exotic currency pair - EUR/CHF

Discussion started on General Forex Discussion

Noviarini

Exotic currency pair -  EUR/CHF in General Forex Discussion_lamp

Exotic currency pair is characterized by low liquidity and low interest from traders other than the country concerned. The central bank dominates the market and makes it very stable - not a good thing for trading.

EUR / CHF
Euro (EUR) is an EU currency; but Switzerland doesn't use it. They have their own currency, Swiss Franc (CHF), which is used as an asylum. But when traded, it doesn't really work.

The main problem with EUR / CHF is a long period of stability followed by a sudden jump in value. Some EUR / CHF trading can take place for a monthly period that suddenly closes with a difference of 2,000 pips. Lately the situation has improved with the involvement of EUR in Brexit, which brings the necessary market volatility.


Overall, EUR / CHF is not suitable for scalping and other short-term high volatility strategies. The Price Action pattern does not really apply to both because the pattern on the weekly and monthly timeframes is far less clear.

At present, there is no single method recommended for trading EUR / CHF. So far the most likely thing to do is trend-based trading - following the new trend and closing the trade before the trend ends. This is not a profitable move and is certainly risky, but if you want to trade EUR / CHF, that's the only reliable solution.


Linkback: https://www.forex.zone/general-forex-discussion/1/exotic-currency-pair-eurchf/1239/
#1 - February 10, 2019, 11:38:52 AM

  • Exotic currency pair -  EUR/CHF in General Forex Discussion_index
  • Posts: 739
  • Points: 5396
  • Likes Received: 97
  • Reputation: +3/-0
Exotic currency pair -  EUR/CHF in General Forex Discussion_xx
I am remember when trading on this pair and getting big profit only one hour or two-hour open trades, on these time SnB make intervention currency CHF and making this currency move more than 1600 pips only one or two hours, indeed if this pair included as cross pair and has higher spread if compared with major pair, but after intervention SnB, movement this pair being normal again and I am leaving this pair
#2 - February 10, 2019, 12:43:26 PM

  • Posts: 10
  • Points: 0
  • Likes Received: 1
  • Reputation: +0/-0
Exotic currency pair -  EUR/CHF in General Forex Discussion_xx
I rarely trade in exotic pairs, especially EUR / CHF
#3 - July 24, 2019, 01:57:07 AM

yanre

Exotic currency pair -  EUR/CHF in General Forex Discussion_xx

I prefer the pair EUR / USD and GBP USD



#4 - September 11, 2019, 03:10:16 PM

  • Exotic currency pair -  EUR/CHF in General Forex Discussion_index
  • Posts: 1047
  • Points: 5672
  • Likes Received: 100
  • Reputation: +4/-0
Exotic currency pair -  EUR/CHF in General Forex Discussion_xx
paie EUR / CHF is a pair that is full of mystery, in the past this pair had made thousands of MC accounts due to a flash movement crash and also many brokers went bankrupt because of it.
#5 - December 10, 2020, 12:46:00 PM

  • Posts: 396
  • Points: 45589
  • Likes Received: 7
  • Reputation: +1/-0
Exotic currency pair -  EUR/CHF in General Forex Discussion_xx
eur / chf opens exotic pairs in my opinion because both are major currency pairs so they are cross currencies, ecotic pairs are pairs of developing country currencies.
#6 - December 24, 2020, 07:10:35 AM

  • Exotic currency pair -  EUR/CHF in General Forex Discussion_index
  • Posts: 104
  • Points: 2132
  • Likes Received: 1
  • Reputation: +0/-0
Exotic currency pair -  EUR/CHF in General Forex Discussion_xx
I when trading only focuses on a major pair that is commonly used by people, so I have never used a pair like this
#7 - May 03, 2021, 11:44:18 PM

Members:

0 Members and 1 Guest are viewing this topic.


* Share Topic

Share via delicious Share via digg Share via facebook Share via linkedin Share via pinterest Share via reddit Share via stumble Share via tumblr Share via twitter

* Similar Topics

xx
Why are Exotic Pairs rarely traded by traders?

Started by instaforex on General Forex Discussion

78 Replies
1054 Views
Last post May 09, 2021, 02:37:34 PM
by Tahajud
xx
Virtual Currency

Started by Vi on General Cryptocurrency Discussion

0 Replies
74 Views
Last post February 11, 2019, 12:48:05 PM
by Vi
clip
Crypto currency NEO

Started by Geographic on Coins & Tokens

1 Replies
76 Views
Last post August 20, 2020, 11:57:45 AM
by kusneni
xx
Can crypto currency be an investment?

Started by Kirinkato on General Cryptocurrency Discussion

688 Replies
6548 Views
Last post April 18, 2021, 12:53:51 AM
by Metatrader