Stop 1.0224
open 1.0174
profit traget1.0070
I notice that the pair was between weekly pivot mid point heading towards the S1 weekly pivot and my MFI and my 5-34-5 MACD were indicating to trade to the downside so I opened the trade at the mid pivot and target is S-1 on 1 HR chart
This trade is looking like Asia market will stop me out time will tell been a wild ride so far was up 50 now down alittle these markets are wild for the past week or so.
Wow I was only 10 pips from stop out when all those sell orders and stop got ran now I’m 50 pips back in a profit again lol wild ride on this trade for sure.
The ride was to wild for me in this pair I took a 20 pip profit and got the hell out of the way .
Wild for me to. I should have taken my 20 pip profit and ran, managed to get out on the plus side. Will look again in the morning with US data being released.
I’m out of this pair right now, although I often trade it normally - with that Daily chart it was always likely to be a little choppy and unpredictable. We had such a firm rejection of 1.1000 that the market still has not decided where to value the pair, imho. Glad you got out with some pips.
I’m long it for the time being. It moves in sync with the market. The Swiss trade is dead for now
