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Show me the money! [Swing Trading] Need some swing trading ideas? Want to share your own swing trade ideas? If you're the next Jerry Maguire and think you can show us the money, then this thread is for you. Also, discover your Forex trading personality in the School of Pipsology.

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  #1 (permalink)  
Old 06-01-2008, 06:05 PM
FX Baby's Avatar
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Join Date: Dec 2007
Posts: 56
Default USD/CHF Trade
Hi fellow pipsters,

I've been away on holiday for a while so haven't been able to post or respond to anything!

Anyway.....

When I got back last night I realised this pair had a trend change a while back....around....1.0220 levels which is when I would have entered a long position, so I'm gonna join the trend....



The Trade


Enter 2x lots @ 1.0440
Stop @ 1.0400

1st target @ 1.0500 (exit 1 lot, move second lot stop to entry)
2nd target @ I'll post when I'm gonna exit or when you feel its time.



All the best, lets see how it goes!!
Last edited by FX Baby; 06-01-2008 at 08:07 PM.
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Old 06-02-2008, 08:21 AM
 

Join Date: May 2008
Posts: 4
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Hi, I took your advise and it paid off how did you noe it was gonna do that?
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Old 06-02-2008, 09:36 AM
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Join Date: Feb 2008
Posts: 246
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Quote:
Originally Posted by Nauth View Post
Hi, I took your advise and it paid off how did you noe it was gonna do that?
Am I missing something here? What chart are you looking at?
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Old 06-02-2008, 09:58 AM
 

Join Date: May 2008
Posts: 4
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LoL, sorry about that i actually went against it in a sell position and caught 20 pips could have gotten more but i was sleeping.
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Old 06-02-2008, 02:56 PM
FX Baby's Avatar
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Join Date: Dec 2007
Posts: 56
Default Trade Update
Sorry guyz had a loss today

But its ok, I know I'll make it back again




The Trade

2x lots @ 40 pips each= -80 pips
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