CADCHF | Trade No.9

2020-02-04 00:07:41

This currency has always given me signals in smaller time frames but just yesterday I saw a great set up for an INVESTMENT. I've already entered this with a small lot size and I believe I used 1% worth of risk. This pair can be a goldmine because of CHF (due to political issues in the US, the dollar won't be the safe haven for now), and with USOIL 's week long drop in price, CAD has truly been suffering. No to say they are directly affected by the aforementioned reasons, but it adds to the bias that CAD will continue to fall and CHF will rise.

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Taking 50% of profits by 100 pips and letting the trade run.

Trade at your own risk under your own terms. I'm not responsible for anyone's decision to follow MY idea.