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Swiss National Bank Shocks The Currency Market USDCHF Falls 1867 Pips In 1 Day!

Central banks are the most important players when it comes to moving the currency market. This is precisely what the Swiss National Bank (SNB) did yesterday when it totally surprised the market by announcing removal of swiss franc euro peg. In the past SNB had been worried about CHF appreciating too much and hurting Switzerland’s… Continue reading Swiss National Bank Shocks The Currency Market USDCHF Falls 1867 Pips In 1 Day!

Hypothetical Performance Disclosure: Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.