IvanLabrie
Long

AUDCHF: Low risk buy opportunity

FX:AUDCHF   Australian Dollar/Swiss Franc
2 months ago
AUDCHF             offers a good long entry here. Risking 0.5-1% is a good idea.

The pair has completed a correction against the Brexit Key Level, where bulls have stepped in, and is ready to march higher.

Good luck,

Ivan Labrie.
2 months ago
Comment: Looks solid.
2 months ago
Trade closed manually: It's ok to bank profits here and wait to reenter on a dip tomorrow.
2 months ago
Trade active: Reentering here is ok, place stops at 0.733
2 months ago
Trade closed manually
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I_see_BTC PRO
2 months ago
Solid bounce. This looks very good. Thanks for posting.
+1 Reply
IvanLabrie TOP I_see_BTC
2 months ago
Welcome, good luck!
Reply
Mrsaini
2 months ago
I like the way you book profits and ran...any idea of dip level..?
+1 Reply
IvanLabrie TOP Mrsaini
2 months ago
At times downside risk is a concern, I prefer this early exit.
Reentering anything lower than our exit, is ok.
Stop should be the previous entry price, on the reentry, and size, the same. So, we risk the realized profit only. (or portions of it)
Reply
IvanLabrie TOP IvanLabrie
2 months ago
After today's close, measure from Friday's close, to today's high. The 50% level or lower is a good entry. Risking a move to Friday's close, is technically, the correct entry.
Reply
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