SMPTrader

Possible USD/CHF Short Position!!

Short
FX_IDC:USDCHF   U.S. Dollar / Swiss Franc
SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY


Chart time frame - H4
Timeframe - 1-3 Days
Strategy
A – Activating Event
Market will meet resistance in zone @ current levels - ... . In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market will move towards the first Target 1 level @ 0.98
C - Fundamentals
USD Consumer Price Index report coming out at 22:30 AEST

FX:USD/CHF

Trade Management
Entered @ .....
Stop Loss @ .....
Target 1 @ 0.9800
Target 2 @ ....

Risk/Reward @ 3.5.1

Happy trading :)


Follow your Trading plan, remain disciplined and keep learning !!


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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!