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SimpleTradingTechniques
Oct 6, 2016 10:29 PM

USDCHF - BEARISH Strategy  Long

U.S. Dollar/Swiss FrancFXCM

Description


Go long the USDCHF if it trades at 0.9824 or higher. If triggered, place your stop at 0.9729 and exit the
position for a profit at 0.9901 or at your own discretion. (Always invest wisely).

In this trade idea you don’t get the following:

1. How to identify the trade setup
2. How to identify short term trend
3. How to protect gains in your trade
4. Market deciding price exit for big moves in the market
5. Money management
6. Buy/Sell line which let you know when to buy or when to sell
7. Rules of gap opening

Trade active

Comment

Protect your position for this trade idea by moving your stop loss to 0.9824.

Trade closed: target reached

77 pips move in the bag after standard exit hit @ 0.9901.

26 pips move in the bag after market deciding price exit hit @ 0.9850.

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