Swing trade on AUDCHF for 3.5-to-1 reward just triggered
Hi all! Another @FollowMyForex swing trade just triggered, this time on the AUDCHF. We went short and there is a lot of room to the downside, so we'll be riding this one out to the last target if possible.
Trading with all the amazing momentum in the FX markets recently have proven to be extremely profitable. As long as Trump keeps running his mouth, as long as there is unrest in Japan, as long as fears of an impending debt crisis keeps making rounds in the news we'll always have volatility to trade off of. Bad news doesn't have to be bad for us, just go with the flow :)
Updates to follow.
Please note! If you are in the GBPAUD short from yesterday we'll taken off 50% of the position and are therefore technically break-even on the trade. ONLY take this trade if you are in the same position, otherwise you will be overexposed to the AUD market.
Trading with all the amazing momentum in the FX markets recently have proven to be extremely profitable. As long as Trump keeps running his mouth, as long as there is unrest in Japan, as long as fears of an impending debt crisis keeps making rounds in the news we'll always have volatility to trade off of. Bad news doesn't have to be bad for us, just go with the flow :)
Updates to follow.
Please note! If you are in the GBPAUD short from yesterday we'll taken off 50% of the position and are therefore technically break-even on the trade. ONLY take this trade if you are in the same position, otherwise you will be overexposed to the AUD market.
