CAD CHF SHORT Short

Canadian Dollar/Swiss FrancFXCM

Description

⋅ Feb 10, 2016 1:45 AM

Looking in from the monthly, weekly, daily, multi time analysis is suggesting and showing a huge strong
down trend

macd divergence. Got CHF CPI news coming up - up that is good and will help out our trade.

Price has broken key .7000 level.

TP Set at .69200 - will watch and may manually move to .68800 if there is strong momentum

Trade closed: stop reached

⋅ Feb 12, 2016 12:25 AM

Didnt have enough breathing room for the stop loss.

I think the idea and direction indication was there with the TP hit later, and then saw a bounce as i thought it may at that level.

Next Time.