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vietbach1990
Oct 6, 2017 6:27 AM

Long USDCHF - running ahead of NFP Long

U.S. Dollar/Swiss FrancFXCM

Description

I think NFP is going to be exceptionally volatile given divergence in expectation for Avg Earning (I expect a Miss) vs the Job Data (I expect a Beat).

Market however is relatively Net Long in USDCHF and the intial price action at UK opening has been supportive. I'll enter Long here and hope the pair drifts further upward, I'll take it off near NFP.
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