Long EURCHF

Despite current negative news and stocks corrections across the globe , EURCHF is holding 1.04 level. This is a sign of strenght and I favour bullish continuation. Also higher lows and a move above the Kumo justify a LONG position

I´m entering long at 1.045 with initial target 1.053 and beyond.

SL below 1.039 on a daily close.

6 Trading Rules :

1. Never add to a losing position .
2. Don´t be the first to buy low and sell high .
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade

Josep Pocalles