ErnieTrades_

Thesis: downtrend contiuation on CADCHF

做空
ErnieTrades_ 已更新   
FX:CADCHF   Canadian Dollar/Swiss Franc
Let's look at what institutional traders are doing. CAD has a long % of 42.65 and CHF only at 10.63%. Showing institutional traders favoring CHF. Retail traders on the other hand are long on CADCHF. 96% against only 4%. Usually when retail traders are heavy on one side, big money tends to go the opposite.

Historically, this pair tends to fall during this season.

Lastly, fundamentally , GDP growth and interest rates tends to favor CAD while inflation and unemployment favor CHF
交易结束:到达目标:
Target reached giving us a nice 1:3 risk to reward.

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