Sunday, January 27, 2013

USDCHF in the uncertainty

USDCHF is situated between short-term Kijun-sen and long-term Senkou-Span B. This points to the uncertainty of the future trend.


The best strategy is to put two pending orders: Sell stop and Buy Stop.

BUY STOP
Entry price: 0.9391
Take profit: 5 candles trailing stop
Stop loss: 0.9221

SELL STOP
Entry price: 0.9221
Take profit: 5 candles trailing stop
Stop loss: 0.9391

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