Hedging Strategy of the Week for a Profit Target of 400 pips

[B]Currency Pair: [/B]EUR/CHF
[B]Entry Zone:[/B] Go both long and short at the market if the price is at any level within the 1.63-1.67 range
[B]Protective Stop:[/B] Long stop below 1.60 and short stop above 1.70
[B]Profit Target:[/B] Long Target at 1.67 and Short Target at 1.63
[B]Profit Potential: [/B]400 pips (excluding transaction costs and slippage)


For more information on FXCM hedging strategies please visit What Is A Hedge Ratio? - FXCM UK