Welcome to May 2017!
This can be a month to remember or a month to forget, I choose greatness and memory! My trades will rock and roll today!
I have had a buy since the 28th of April on USDCHF and now I am adding another CHF sell this time on AUDCHF. Price action is indicating a strong bullish push in the short run, my first target is the 37.5% MPI (Price: 0.75660) once price reaches the level I will then decide what I am going to do, i.e. compound, close-portion, close- all etc...
The pair has been in a long-term channel, which can be seen in the chart, its been there since mind 2015 and I still believe there is more room to go which will allow me to apply a trend trade to this pair and maximize the returns.
Thanks and Happy week and month!
This can be a month to remember or a month to forget, I choose greatness and memory! My trades will rock and roll today!
I have had a buy since the 28th of April on USDCHF and now I am adding another CHF sell this time on AUDCHF. Price action is indicating a strong bullish push in the short run, my first target is the 37.5% MPI (Price: 0.75660) once price reaches the level I will then decide what I am going to do, i.e. compound, close-portion, close- all etc...
The pair has been in a long-term channel, which can be seen in the chart, its been there since mind 2015 and I still believe there is more room to go which will allow me to apply a trend trade to this pair and maximize the returns.
Thanks and Happy week and month!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.