Saturday, June 25, 2011

USD/CHF & GBP/USD Weekly


Heres a comparison between the two pairs. The goal of the me showing these two charts is the difference between trading something in play and something dead in the water. GBP is clearly in a choppy zone while CHF is currently trending after an extended balanced area. It is important to always play the hot hand and trade whats in play, trading an instrument that demonstrates no clear edge is nothing more than a gamble.

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