Wednesday, March 28, 2012

26/03/2012 Short USD/CHF [Close]

Since I am free at the moment, I'd like to jot down on my Forex diary on a trade I took one Monday. Took a short USD/CHF trade two days back. It went down a little and now it is back up hovering around the price I opened the trade.

Open Price: 0.9062
Stop Loss: 0.9160

I took this trade based on last 2 weeks Pinbar which seems like it is still valid. Or is it not?  

The daily chart when I open the trade as below.

The USD/CHF chart as of today. The 0.9000 area seems to be a problem for the price to move pass it.

Moved my stop loss to breakeven +8. Quite a long trade for this one.

Trade closed at BE +8.

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