EUR/CHF quick short

Trading Systems
1

Here is the SELL order I’ve just placed on EUR/CHF:

Sell: 1.5750
Stop 1.5790
Prof  1.5690

I’ve been following this pair since the always excellent Cyclopip gave it as a trade. This pair is ranging and will probably continue to do so until NFP on Friday.

Risk/Reward is good. I’m risking 40 pips to gain 60. :slight_smile:

2

Trade was triggered and went 25 pips in my favour before reversing and smashing through confirmed resistance taking me out.

Note: Solid money management helps keep you in the game. Building wealth is a marathon, not a sprint.