davidleekuanyong
Long

USDCHF --3rd round of uptrend potential?

FX:USDCHF   U.S. Dollar / Swiss Franc
USDCHF             managed to stay above 0.963. I queued a long at 0.966 with cut loss at 0.963.

Uptrend targets are 0.972 and 0.97926. Will trail my stops as market nearing 0.972.

This is not a buy/sell call, do confirm with your trading plans. Happy Trading Everyone. :)
Trade active: I executed half of my usual position at buy 0.967. Cut loss at 0.964.

Uptrend targets are 0.972 and 0.98026.
Comment: NOTE to self: this is the second time i almost being washed out of the market.
it seems that i will be easily washed out if i set my cut loss by 0.002.

so far it seems 0.003 can get the job done, will try using 0.003 for more often and see whether if it works in the long run. First time i set 0.003 was the 27 July USDCHF trade.

Trade closed manually: Just a simple heads up i took profit on my usdchf longs osition at 0.97
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