In this video I explain the reason behind my USDCHF short and why I took it, currently running in +80 pips profit from our entry on Wednesday.
Trading does not have to be complicated in fact it can be so simple and hopefully this video explains how to trade to a beginner.
The pair had been trading at a 5 months high on the 21 September 2018 and formed a big bearish shadow Sell stop was activated which was at 146.90 , it got activated on 15th October 2018. The pair is still trading around the 146.90 which makes the short still valid .
Take Profit is at - 140.60
Stop Loss- 149.740