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Francis_Barclay
Nov 28, 2020 2:16 PM

Buying  Long

U.S. Dollar/Swiss FrancFXCM

Description

Price just hit a strong support area so we are looking for buying opportunities. Mind the price might create a W formation so don't panic when you see it coming back down shortly after starting to rise.
Comments
JayDarko20
Please i have a buy @ 0.9111 at 1.0 lots. Should I keep it ?
Francis_Barclay
@JayDarko20 Woow you didn't manage your risk. First of all I'd like to advise you to always have a stop loss and get out when what you expected to happen doesn't play out. Secondly, since you've held the trade this long, you can wait and see if the market starts to push back up as I've forecasted or if it breaks below that level in which can it would be a good time to just exit and take your loss like a trader should.
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