Hi friends, another @FollowMyForex trend trade just triggered on the GBPCHF, following solid momentum with the current uptrend.
This trade carries a 3-to-1 reward to risk ratio. We keep talking about these amazing risk/reward ratios but it really cannot be overstated. Trend trading has so much going for it, this being one of our favorites.
Currently entered long, will take of 50% at the first target and let the rest of the position ride out the momentum.
Updates to follow, trade safe!
Comment
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First target hit. Now let the rest of the position ride out this strong momentum. #swingtrading
Trade closed: target reached
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+79.1 pips profit from the first position! That helps end August even better than expected.
Trade closed manually
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Last position stopped out so overall the trade ends at BE. On the the next!