empty
01.06.2023 11:46 AM
Trading tips for NZD/CHF

This image is no longer relevant

NZD/CHF lost nearly 6,000 pips this year. It currently trades around the yearly lows, which opens the opportunity to set limit orders in the pair.

This image is no longer relevant

After a breakout of 0.5427, set a grid of buy limits in increments of 500 pips. Take profit upon the breakdown of 0.5427, or after a movement from the first order.

This method is called grid trading, which is usually used on cross rates. It involves holding positions that are significant in time and distance. For that reason, it is recommended to use swap-free accounts, not increasing the volumes in the grid (0.01 standard lot for every $1,000 of the deposit), and monitoring price movements that could be as much as 6,000 pips.

Good luck in trading and don't forget to control the risks! 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 March 20th (Analysis of Morning Trades)

In my morning forecast, I focused on the 1.2983 level and planned to make trading decisions based on it. Looking at the 5-minute chart, we can analyze what happened

Miroslaw Bawulski 18:25 2025-03-20 UTC+2

EUR/USD: Trading Plan for the U.S. Session on March 20th (Analysis of Morning Trades)

In my morning forecast, I focused on the 1.0888 level and planned to use it as a decision point for entering the market. Let's look at the 5-minute chart

Miroslaw Bawulski 18:19 2025-03-20 UTC+2

How to Trade the GBP/USD Pair on March 20? Simple Tips and Trade Analysis for Beginners

Analysis of Wednesday's Trades 1H Chart of GBP/USD The GBP/USD pair continued its upward movement on Wednesday. After the Federal Reserve kept its key interest rate unchanged and downgraded U.S

Paolo Greco 06:47 2025-03-20 UTC+2

How to Trade the EUR/USD Pair on March 20? Simple Tips and Trade Analysis for Beginners

Analysis of Wednesday's Trades 1H Chart of EUR/USD The EUR/USD currency pair traded with a slight decline on Wednesday, which was purely coincidental, as the pound sterling also closed lower

Paolo Greco 06:47 2025-03-20 UTC+2

Trading Recommendations and Analysis for GBP/USD on March 20: Bank of England Meeting Ahead

The GBP/USD currency pair continued to trade within the same range on Wednesday. Despite the Fed meeting, Jerome Powell's speech, and the updated dot-plot, the market saw no significant movements

Paolo Greco 05:55 2025-03-20 UTC+2

Trading Recommendations and Analysis for EUR/USD on March 20: A Strange Fed Meeting

The EUR/USD currency pair traded on Wednesday the same way it had for the last two weeks. The Fed meeting had virtually no impact on market sentiment, although there

Paolo Greco 05:54 2025-03-20 UTC+2

GBP/USD: Trading Plan for the U.S. Session on March 19th (Review of Morning Trades)

In my morning forecast, I highlighted the 1.2980 level as a key area for making market entry decisions. Let's analyze the 5-minute chart to see what happened. A break

Miroslaw Bawulski 18:02 2025-03-19 UTC+2

EUR/USD: Trading Plan for the U.S. Session on March 19th (Review of Morning Trades)

In my morning forecast, I highlighted the 1.0906 level as a key point for making market entry decisions. Let's examine the 5-minute chart to see what happened. A break

Miroslaw Bawulski 17:59 2025-03-19 UTC+2

How to Trade the GBP/USD Pair on March 19? Simple Tips and Trade Analysis for Beginners

Analysis of Tuesday's Trades 1H Chart of GBP/USD On Tuesday, the GBP/USD pair closely mirrored the movements of the EUR/USD pair. The British pound often follows the euro

Paolo Greco 06:44 2025-03-19 UTC+2

How to Trade the EUR/USD Pair on March 19? Simple Tips and Trade Analysis for Beginners

Analysis of Tuesday's Trades 1H Chart of EUR/USD On Tuesday, the EUR/USD currency pair showed an inclination to rise again. A closer examination of intraday movements reveals that the pair

Paolo Greco 06:44 2025-03-19 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.