empty
02.12.2021 11:47 AM
Trading tips for AUD/CHF and NZD/CHF

Not only are AUD/CHF and NZD/CHF declining, but the two are almost at their yearly lows, which opens opportunities to place limit orders in the market. According to the grid trading method, these can be set up after the false breakout of the yearly lows.

This image is no longer relevant

Starting from the levels shown in the charts above, place a grid of buy limits with an increment of about 300-500 pips. Take profit after a breakout, or at 1 pip above the first order. You can also do it after a 1,000 pip rise from the first order.

This strategy is called grid trading, which is usually used on cross rates. It involves holding positions that are significant in time and distance. For this reason, we recommend using swap-free accounts, not increasing the volumes in the grid (0.01 standard lot for every $ 1000 of the deposit) and monitor price movements.

Divide the working volume between the two pairs.

Good luck and have a nice day!

Andrey Shevchenko,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

GBP/USD: Trading Plan for the U.S. Session on May 5th (Review of Morning Trades)

In my morning forecast, I focused on the 1.3324 level and planned to make trading decisions based on it. Let's look at the 5-minute chart and analyze what happened

Miroslaw Bawulski 17:52 2025-05-05 UTC+2

EUR/USD: Trading Plan for the U.S. Session on May 5th (Review of Morning Trades)

In my morning forecast, I focused on the 1.1346 level and planned to make trading decisions based on it. Let's look at the 5-minute chart and see what happened

Miroslaw Bawulski 17:48 2025-05-05 UTC+2

Trade Idea for EUR/USD to Fall

Good day, fellow traders! I will present you with a trade idea for EUR/USD. After Friday's strong bearish impulse, the instrument transitioned into a corrective upward move

Andrey Shevchenko 08:55 2025-05-05 UTC+2

Trade Idea for GBP/USD to Fall

Good day, fellow traders! I am presenting you with a trade idea for GBP/USD. After Friday's strong short-side initiative, the instrument has transitioned into a corrective upward movement

Andrey Shevchenko 08:55 2025-05-05 UTC+2

Trading Recommendations and Analysis for GBP/USD on May 5: The Dollar's Convulsions Continue

On Friday, the GBP/USD currency pair corrected against Monday's growth and the broader uptrend. There were no clear reasons for the movements on any day of the week—Monday through Friday

Paolo Greco 06:07 2025-05-05 UTC+2

Trading Recommendations and Analysis for EUR/USD on May 5: The Flat Trend Persists

The EUR/USD currency pair generally continued its downward movement throughout Friday. The U.S. dollar has strengthened over the past week, but this growth seems to lack solid justification. On Monday

Paolo Greco 06:06 2025-05-05 UTC+2

How to Trade the GBP/USD Pair on May 5? Simple Tips and Trade Analysis for Beginners

Analysis of Friday's Trades 1H Chart of GBP/USD The GBP/USD pair also traded very erratically on Friday. The price rose in the first half of the day, although there were

Paolo Greco 04:15 2025-05-05 UTC+2

How to Trade the EUR/USD Pair on May 5? Simple Tips and Trade Analysis for Beginners

Analysis of Friday's Trades 1H Chart of EUR/USD On Friday, the EUR/USD currency pair continued to trade within the sideways channel between 1.1275 and 1.1424. In principle, there is little

Paolo Greco 04:15 2025-05-05 UTC+2

GBP/USD: Trading Plan for the U.S. Session on May 2nd (Review of Morning Trades)

In my morning forecast, I focused on the 1.3313 level and planned to make trading decisions from there. Let's take a look at the 5-minute chart and break down what

Miroslaw Bawulski 12:14 2025-05-02 UTC+2

EUR/USD: Trading Plan for the U.S. Session on May 2nd (Review of the Morning Trades)

In my morning forecast, I highlighted the 1.1337 level and planned to make market entry decisions based on it. Let's look at the 5-minute chart and analyze what happened there

Miroslaw Bawulski 12:06 2025-05-02 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.