MoneyTec Traders Community Forum - View Single Post - Benefits to Specializing in Trading a Single Currency?

cabee · 24-01-2003, 22:58

You're right on the CHF and&#8364 . At least, they are the closest pairs. If you trade a short time-frame, you might want focus on CHF because of the slight difference in pip value and volatility (to your advantage--that's why the spread is usually wider.) WATCH OUT for "Her Majesty"(&#163)--she has mind of her own! She will teach you to respect her independence!&#165 is a different animal! Particularly, as February approaches, the capital repatriations will start---lots of divergence from other &#36pairs! Also, with CHF and &#165 , there is a central bank intervention threat (not so for&#8364 ) Hope this helps. GL

24-01-2003, 22:58	#3
cabee level 1 Join Date: Nov 2002 Posts: 7 Downloads: 0 Uploads: 0 Rep Power: 0	You're right on the CHF and&#8364 . At least, they are the closest pairs. If you trade a short time-frame, you might want focus on CHF because of the slight difference in pip value and volatility (to your advantage--that's why the spread is usually wider.) WATCH OUT for "Her Majesty"(&#163)--she has mind of her own! She will teach you to respect her independence!&#165 is a different animal! Particularly, as February approaches, the capital repatriations will start---lots of divergence from other &#36pairs! Also, with CHF and &#165 , there is a central bank intervention threat (not so for&#8364 ) Hope this helps. GL