Trade: Short GBP/CHF Open Price: 1.6859 Take Profit: 1.6510 Stop Loss: 1.7048 Risk: It's Friday and price may rally until 1.71233 area before it comes down. Plan:Might need to take profit at the yellow line if the price does go down. Result: -189
Monday, January 18, 2010
I need some major change in picking my trades. I will try to look at the weekly candle first before going into the daily which means lesser trade. From the weekly chart, i will decide whether to short or long for that current week. Focus.