This is a small long position. The premise is mostly that we are looking for a possible short term continuation of what can be looked at as a technical bounce. About 50 PIPS would be the target. Entry is .9614
USD/CHF – Long Trade
Tag: analysis
AUD/NZD – Long Trade Result +50 PIPS
Zooming in to the 4 hour, we can see that the price pushed higher. A Take Profit Limit Order had been entered and was filled.
GBP/CAD – Long Trade Closed +170 PIPS
As it turned out, the stop loss was hit and price looks like it might continue to the 1st aggressive target without us!
Decent trade nonetheless.
Charts101 Trading 