CAD / CHF is currently going down, in relation to the decline in oil prices. It is now near 0.72500, which is the low reached last April.
Considering this, investors can utilize grid trading to potentially capitalize on the range.
So, from 0.72500, put up buy orders every 500 pips. Do so until you have approximately 5,000 pips. Use a 0.01 STANDARD lot for every $ 1000 of the deposit.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.