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munsifk
May 21, 2014 12:25 PM

EUR/CHF Short

Euro Fx/Swiss FrancFXCM

Description

A short position in EUR/CHF
>The moving averages are still in order meaning the bearish trend is still intact
>StochRSI just intersected 80 signalling the start of a new short term trend

Entry is at 1.2214. Risk is at 1.22365(the 200 day moving average), and reward at 1.217
>at 1.2192 move the stop loss to break even

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