I have this morning started to accumulate a large long position on GBP/CHF. We saw a failed break out earlier but believe this will soon breakout above.
TP 1.14
SL just under resistance levels as indicated.
Today i have placed a short trade on USF/CHF stop loss placed at 0.896 TP 0.8915
I believe this to be a slightly risky play but i think it has broken out of the upwards trend and will head towards the resistance as indicated.
Today, I have placed short trades on GER40. I can see that I believe this is a rounded top formation and using the fib retract I believe this is a good entry point for a short trade. SL is placed at the nearest peak on the 2H candles. TP is 19.800.
This morning I have placed short trades on GBP/JSP - this looks over bought and is currently bouncing upon the trend line. The nearest stop loss is placed at the highest point on the 2H candles. I expect this to break through the trend line and my TP is at 193.000
