IvanLabrie
Long

CHFCAD: Risk off long idea

FX_IDC:CHFCAD   SWISS FRANC / CANADIAN DOLLAR
3 months ago
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.
2 months ago
Comment: You should exit around here.
If you're interested in joining my trading newsletter or private lessons, message me. I trade Forex, Equities and Commodities. Contact: skype @ ivanlabrie, PM here or QQ (2954487803).
Kadhijah
3 months ago
honestly, it's wonderful..!!!
+1 Reply
IvanLabrie PRO Kadhijah
2 months ago
Thanks, this is a good pair to trade on certain situations.
Reply
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