USDCHF
KEEP IT SIMPLE IF TENDLINE IS BROKEN AND PRICE FAILS TO MAKE ANOTHER HIGHER HIGH THEN SHORT IT DOWN TO THE NEXT STRUCTURE OF SUPPORT. NO NEED TO OVER COMPLICATE THINGS KEEP RISK LOW AND RATIOS MORE THAN 1:1
Trade closed manually:
I closed this trade the following day through my mobile mt4 app. I lock in profits and the trade heading in my direction and let the rest run while moving SL to breakeven.
Entry: 0.97300 to Manually closed @ 0.96284
I decided to closed early because of news release regarding the US dollar and Trump signing a bill so I had uncertainty about my trade due to that reason I have decided to claim profit and move on.
Tip: Always secure your profits when in doubt vice versa if your trade goes into a loss Manually close that trade and find a much better setup. In my case I barely had a drawdown as my trade got triggered by a sell stop I had placed wait for the market to come to me and road her down to the next lower minor support.
Entry: 0.97300 to Manually closed @ 0.96284
I decided to closed early because of news release regarding the US dollar and Trump signing a bill so I had uncertainty about my trade due to that reason I have decided to claim profit and move on.
Tip: Always secure your profits when in doubt vice versa if your trade goes into a loss Manually close that trade and find a much better setup. In my case I barely had a drawdown as my trade got triggered by a sell stop I had placed wait for the market to come to me and road her down to the next lower minor support.