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  1. #1
    profitforextrader's Avatar
    profitforextrader is offline Junior Member
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    Default nice easy trade on the USD/CHF

    a nice easy trade on the USD/CHF with an R:R of 1:4 so i thought i'd just post it here for educational purposes

    strong resistance at the 1.0325 level drawn up on a horizontal and a trendline supported by the 61.8% fibo level

    entry 1.0300

    stop at 1.0325-330

    exit at 1.0200

    good luck

    i'll post charts when i've figued it out lol

    lee
    Be sure to check out my Forex Blog full of helpful trading articles, tips, technical analysis and more!

    Lee J Brown - profxblog.com


  2. #2
    profitforextrader's Avatar
    profitforextrader is offline Junior Member
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    here's the chart



    lee
    Be sure to check out my Forex Blog full of helpful trading articles, tips, technical analysis and more!

    Lee J Brown - profxblog.com

  3. #3
    TalonD's Avatar
    TalonD is offline FX-Men Honorary Member
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    when you say stop at 1.0325 that's take profit? so you're buying not selling? sorry I'm a little dense this morning

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