MatrixBits

USDCHF - Sell ($1.00+ to .96 cent area)

Short
MatrixBits Updated   
FX:USDCHF   U.S. Dollar / Swiss Franc
Positive news for CHF and I am expecting a drop in the short term from 1.00+ area.

- Heading to the .96 cent area in short term.

- Net profit of CHF 0.9bn, +14% YoY; diluted EPS CHF 0.25
- Adjusted1 profit before tax CHF 1.5bn, +16% YoY
- CHF 1.0bn adjusted1 profit before tax in global wealth management, +4% YoY, +12% YTD
Trade active:
Monitor USDCHF wait for pull back.
S/L: undetermined at the moment until Pullback is confirmed.

I am only a speculative trader and this is not financial advise on trades.

- If you are losing money close the trade

- Start with .03-.05 units and learn to manage risk

- Don't take profits too early cheers!


MatrixBits
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