Longterm swingtrend idea on USD/CHF

4 Feb

As we know USD has been strong for all autumn and winter. Now with Trump in the office and uncertainty in markets we can expect big moves in both directions.

In current moment when writing USD is testing diagonal trendline and it looks like it can break at any moment soon.

Watch and wait for price to show what it wants to do. If it holds line and goes up wait for it to reach latest hights before shorts. But if it breaks wait for pullback towards trendline and sell.

In short term this can deffinitly play out. How far down we can go we don't know. So take out your positions and keep some contracts running with trailing stops.

5 Feb

Dagangan aktif

Shorted at 0.90318. First target at 0.89645. If price go up will add more at last hights in anticipation for more drop.
SL 0.9300

7 hari lalu

Dagangan ditutup secara manual

Closed one position. Second position stil open with SL at breakeven. I have suspisions that price will go up again if break 0.90130

4 hari lalu

Nota

Second short position hit SL. Swaps take too much from this trade. No idea to stay in it. Will wait and see what prices do upcoming days. I may open shorts again.