View Full Version : Swiss vs.Euro currency
Here is what i did and I will continue to add every 50 points against me.
Bot 2 june Eurocurrency at.8777
sld 3 june SF at .6033
6033 times 3 (minus 8777 times two equals 545.
Look for this trade to move to 400 or lower.
Hi Dr Bill,
Here's a site to look at a spread chart of the trade (1 to 1 )
May it work in your favor...:)
http://www.britefutures.com/BFCharts/BFSpreadChart.asp
Thanks, but the purpose is to keep the amounts dollar equivalent. Here are Fridays settlements.
Swiss Franc = .6002 x 3 =18006 (sold)
Eurocurrency =.8738 x 2 = 17476 (bought)
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530 credit
This credit should move down to 400 in the near
term but I am willing to continue to scale up sell these packages.I have no mental or mechanical stop at the moment.I really believe the fair value is zero or a debit.I understand I may take a hit on these packages.That is part of trading.
Here are the dollar equivalencies I mentioned . I only like the above trade as a spread or
ratio as I described it.
Euro .8738 x2 x125,000(IMM contract size)=
218,450
SF .6002 x3 x 125,000 = 225,075.
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