Wow that was big!!!
Look at the big moves on EUR/CHF, USD/CHF, GBP/CHF. I never liked trading EUR/CHF, but USD/CHF & GBP/CHF, I look for trade opportunities & specially GBP/CHF is my favourite to trade London Open Breakout.
Now everyone understands why stop loss is very important.
"The Swiss National Bank’s decision to remove its currency peg against the Euro on Thursday continues to send shock waves through the market. The decision was a complete surprise, as a bank official reaffirmed its commitment to the policy just two days before the peg was removed."
Here are the screen shots of EUR/CHF:
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| EUR/CHF Daily Chart |
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| EUR/CHF H1 Chart |
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| EUR/CHF Monthly Chart |
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| EUR/CHF Weekly Chart |
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