USDCHF Unpegged

A different kind of intervention…

Yesterday there was an extraordinary event when the Swiss National Bank decided to remove the Swiss Franc peg to the Euro. This was vastly different from your standard government intervention and took the market completely by surprise. Previously I have only seen extreme price moves like this in the back-tester and never had the opportunity to witness it first hand. There was […]


Ticks, Spreads, and Trading the News.

Trading the news in Forex can present real opportunities to make some cash. There are many different strategies to trade the news, such as Gap, Momentum, Straddles, or simply understanding the Fundamentals. However, trading the news is also risky and comes with unique challenges. When the news comes out the price goes all over the place. It […]