Have shortened $AUDCHF over the past two days, placing three orders with leverage X25, entering at 0.7693, 0.7700 and 0.7739 CHF respectively.
I try to trade currency pairs from mature and stable economies, containing currencies mainly linked to another lead currency. So eg GBP and CHF correlating more with the EUR than the USD, while CAD is correlating more with the USD, therefore providing volatility. So I am currently looking at CHFJPY, GBPHUF, NZDCHF, and GBPCAD.
I also like trading NOKSEK, two neighbouring, Scandinavian economies. Norway main exports are energy, while Sweden is highly industrialized country consumes oil and electricity.