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USDCHF

8.5.2013 – intraday trades [+2.1R]

STATS: Trades: 2 Return: +2,1R (+2.35R {fullsize} -1R {1/4 size}) Pays: 123ACU, BREAK&HOLD Pairs traded: EURUSD, USDCHF Comment: Well played. Many opportunities, but without last call signals. First trade was in EURUSD as a break and hold trade. The level wasn’t perfect, so light size 1/4 LONG. Out na full …

Update on VFI – USDCHF “M” bottom resistance formation

Another trade was taken on USDCHF. After the “M” formation I have shorted previous resistance. It went against me for about 10pips and then retraced. There was one moment of patience when I was unsure if this move will carry on my direction but th…