Late on Friday night, we got the trigger to buy the EURCHF - Again, I am not sure whether this will go to profit or not, but the trade is such that the rules say to follow it! Stop loss is 150 for this, and 3% risked.
I only bought this this morning, so some of the move might have already happened - we will have to wait and see, but time will tell us.
So, we have bought the EURCHF at 1.23965 - so at the moment of writing, it has gone into loss of 45 pips, but the good news is that it is massively oversold, so I would expect to see a bounceback.... although what I expect, and what the charts says does not always mean that what you expect will actually happen.
Should be an interesting trade to see what happens.
It should be trailed quite closely though, as the chart is turning...
Happy trading
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