IvanLabrie
Long

CHFCAD: Risk off long idea

FX_IDC:CHFCAD   SWISS FRANC / CANADIAN DOLLAR
We have a nice setup in this pair (which you can trade shorting CADCHF             as well).
CHFCAD is at the bottom of the trading range here and is likely to return to the yearly moving average above.
I'll be entering longs, after today's daily close, if we break the daily high. Stop loss has to be under today's low plus 1 tick to be safe. Risk 0.5-1% on this position and let it ride, it has excellent potential.

Good luck,

Ivan Labrie.
Comment: You should exit around here.
honestly, it's wonderful..!!!
+1 Reply
Thanks, this is a good pair to trade on certain situations.
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