USDCHF: Pending Sell Setup With Great R/R

FX:USDCHF   U.S. Dollar / Swiss Franc
1371 15
Price is bout to complete a bearish gartley pattern at a key level. As always i will go with two positions and if price reaches the first target, we should move stoploss at BE to the second one for a risk free trade.
Trade active
You seem biased on a weak dollar, second stopped analysis, maybe it's time to shift perspective and believe in a strong short term dollar.
Fxprotrader Sinistro
Losers are part of this business. No problem with that.. Besides i only rely on technical analysis, to trade the markets.. Thanks for your comment Sinistro :)
one more move up to .9850 area I'm thinking
I have a price alert positioned for this one, it will be good when it comes rolling down.
you win some you loose some iguess
Fxprotrader CarlosGamez
I wish i could win every trade i was involved with :) Nobody in the world can do such thing. But even with a 50% winning ratio when your setups have good risk/reward ratio you see your account growing. I have more than 50% winners with r/r so losing is ok..!
Did you get stopped out? :(
tight stop!
I always place stoploss beased on the strategy i use for entries.. I have absolutely no problem losing trades as long as i follow my plan which is based on the principle: Lose small, win big..! Add to this that i have more winners than losers.. So don't worry t0mas.. Even if we gat stopped, we will win another one :) thank you very much for your support
+2 Reply
fxfxfx Fxprotrader
That's the right way to do it.. keep the ideas coming :)
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