Title says it all. Last week we had one good trade on usdchf and got smoked on the others but that's where R:R comes in. Updates to come. Don't forget to ask questions!
Close of this 15M meets entry. Risking 1 for 5 here. Lower time frames are indicating this is a good support level so we will see what happens wish me luck 🙏
Decided to play ball on the usd/chf hourly chart. Most of the time frames are lining up and chart patterns are starting to appear. I'm a new account but an old trader so I will be keeping descriptions quite vague.. feel free to message me and we can talk in detail.
Most other basket pairs (usd/xxx) have tanked and I am expecting this pair to follow suit. Daily chart here so this one could be more of an investment.
I wouldn't be surprised to see a retrace in the coming week(s). The same trade will be placed if the market conditions and price action agree around .934
The original ideas (link below) target was hit so we get to extend down to new targets. Stops were also adjusted.
We started watching for the usd/cad reversal in the last trading session and I think it will be our trade for this coming week. If usdcad does start a move down this is a great entry point
