TheFxAce

Update On CHFJPY SELL Trade Target Hit

Short
FX:CHFJPY   Swiss Franc / Japanese Yen
Just a quick update on the CHFJPY SELL position I have been in and posted about you can read the post below I was aiming for the 144 which was the current trends previous high and would be the first easy target when this market dropped as it did today. I've closed 75% of the position and will leave the rest running as this can turn into a nice trade

The money is in the higher timefrmae charts especially in times on HIGH volitilty as the big moves happen on the big charts not the small timeframes the great thing about tradingview is that you can't delete what you have posted before. if you read my previous posts you will learn that using weekly and monthly charts to locate SUPPLY/DEMAND and SUPPORT/RESISTANCE areas and using smaller timeframes from entry signals increase your probability tenfold


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