Short CHF vs. Short Gold?

[Martinghoul]

Quote from tradingjournals:
Thanks for sharing. Is it well correlated to Gold? I am now following it, and it is not a smooth moving pair (like e/u for instance). Is it the exception or the rule for the usd/chf?

It's somewhat correlated to gold, at least in the current regime, given it's driven, to some extent, by the same phenomenon. I have no idea what you mean when you talk about USDCHF.

 

[Lucrum]

Quote from tradingjournals:

Thanks for sharing. Is it well correlated to Gold? I am now following it, and it is not a smooth moving pair (like e/u for instance). Is it the exception or the rule for the usd/chf?

Here is a great thread title for your next journal.

http://www.elitetrader.com/vb/showthread.php?threadid=222738

 

[tradingjournals]

Quote from GrandSupercycle:

OP,

check out EURSEK ...

Thanks. I will check. Why SEK? Is it backed by gold.

Also what is the interest rate of SEK?

 

[tradingjournals]

Quote from zdreg:

if u feel there is a correlation do both.

 

[Martinghoul]

Quote from tradingjournals:
Also what is the interest rate of SEK?

RB repo rate 2.00%
T/N STIBOR 2.129%
3m STIBOR 2.56%

I am short CHF vs both SEK and NOK.

 

[tradingjournals]

Thank you Martinghoul for the information, and my best wishes to you in your trades!

 

[Martinghoul]

Quote from tradingjournals:
Thank you Martinghoul for the information, and my best wishes to you in your trades!

Thank you... The Force is not with me at the moment.

 

[tradingjournals]

GLD and CHF coming down...

Is it starting? Time is around 2:15PM, July 13.

 

[atticus]

Quote from Martinghoul:

I am short CHF.

EURCHF long?

 

[Martinghoul]

Quote from atticus:
EURCHF long?

You must be joking, surely? I'm short CHFNOK and CHFSEK. Rough ride.