Reason: The Eurozone is currently showing signs of economic stabilization, with indicators such as manufacturing PMI and GDP growth suggesting resilience despite challenges. In contrast, Switzerland is facing headwinds from a strong currency that is impacting its export-driven economy, along with potential changes in the Swiss National Bank's monetary policy to address inflation. As the ECB continues to adopt a more hawkish stance, signaling potential interest rate hikes, the euro may gain traction against the Swiss franc. This divergence in economic outlooks positions EUR/CHF favorably for a long trade, as the euro is likely to appreciate against a CHF that may weaken under economic pressure.

Strategy Overview: After years of being a discretionary trader, I’ve automated my strategy to generate signals automatically and opened it to the public now. I no longer need to manually search for trades. I use data analysis and methods to identify and capitalize on market opportunities.

Risk Management: I only risk up to 1% of my total balance on each trade. This strategy minimizes losses and keeps my portfolio stable, even when market conditions change.

Join the Journey: If you like what you see, come along on this journey and give me a follow so you don’t miss any trades that my system may generate. But keep in mind, there might not be trades every day!

Long EURCHF

Nov 04 2024