Trade of the Week: USD/CHF H1: 6-9th of June: +6% (+156 pips)
For more details and examples of trade, click "Examples of Trade" in the menu
After the drop following the NFP release news, the price took a break from sunday to monday forming a lovely sell fractal. We place a pending order (Initial SL above the box for 26 pips) while on H4, the alligator lines are opening in the south direction. The order is triggered and the price, after some hesitation, drops step by step (it remains always below the red line and the box). We exit, classically, three days later, in the morning when the price breaks the upper level of the box for +156 pips, +6% profit. Lovely classical trade (both entry and exit).
For more details and examples of trade, click "Examples of Trade" in the menu
After the drop following the NFP release news, the price took a break from sunday to monday forming a lovely sell fractal. We place a pending order (Initial SL above the box for 26 pips) while on H4, the alligator lines are opening in the south direction. The order is triggered and the price, after some hesitation, drops step by step (it remains always below the red line and the box). We exit, classically, three days later, in the morning when the price breaks the upper level of the box for +156 pips, +6% profit. Lovely classical trade (both entry and exit).
No comments:
Post a Comment