EverythingForex

CLOSED TRADE: USDCHF SELL@1.02964 CLOSED@.99750 +321 pips

FX:USDCHF   U.S. Dollar / Swiss Franc
For anyone who followed me on this free trade I gave out, congrats! You just pocketed over +300 pips today! So did you make +300 pips or more today? And yes, I hear those funny-mental guys telling me how I got lucky becuse of he ECB dropping interest rates and such...yada, yada, yada. Well, I called this drop 3 days ago! Are you gonna say I KNEW what the ECB was going to do 3 days before hey did it? If I was that clairvoyant, Warren Buffet would be asking me what to do!

Here's the trade post from 3 days ago:

I've now closed this trade and banking the profits short of my actual target as there is no need to be so greedy and grab every pip. I never try to squeeze every pip out of a trade. Trying to catch the very end of a move is foolish.

So anyway, this pair is just dropping and dropping right towards my target and to fill that POTENTIAL Shark pattern. It isn't there yet but almost there (as of the time of this post). When it gets to that Shark and fills it, I may be looking to take a LONG trade on it BUT must be very, very careful to wait for PA confirmation to do so since this could be the proverbial "catching a falling knife"!.

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*DISCLAIMER:
Please keep in mind that I am not giving any trading signals or trade calls here. Only providing my own trade thoughts for your benefit and insight as to my trading technique and style. Please don't ask if you should or should not take the trade or ask for stop loss and take profit levels. Any SL or TP given on my trades are my own I have used for my trade and are not recommendations for you to use. If you are not sure, then you do not have a trading plan for yourself in place. I suggest you make one before you continue to do any trading!

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