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USDCHF Trade

14 August 2007 No Comment

Going with the current goal of 50 pips per week our current trade was entered yesterday on USDCHF buy at 1.20054 and the take profit was at 1.21194 .

So far the current price is at 1.20819 for some 76 pips ahead and the stop loss is at 1.2034 for 30 pips set profit. We are looking for some 20 more pips to call the week quits but so far so good.

We shall be posting screen shots of the trade set up as well as the real trading account later today.

Forex Trade Update

As promised earlier the set ups were as below based on the new trend2 forex template

Figure 1 is the initial trade on August 13th
usdchf

Figure 2 is the current position

usdchf2

You may follow the trade at the forex forum

 

Professional trader and author Peter Bain’s Video Forex Course demonstrates simple yet powerful pivot currency trading systems used by professional traders.

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