I like the set-up, I've also got a long bias on this pair
transparent-fx
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here is what I have for usdchf, interesting pair
diggerfx2010
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then we lost some moneyy followiing it....................................
justagirllearningtotrade
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@diggerfx2010, Hi. Sorry to hear you lost money. I don't post my markups as signals. I'm not sure why you'd think this was the case. My info section clearly states, "A girl learning to trade." Lol.
If you decide to use them as a signal, that's at your risk. I used proper risk management here, so I only lost 1% of my account.
diggerfx2010
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@kcjack33, i am not blamming you. idea is idea...
but i love your setup
FXCM
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Price holding very nicely near your buy area... Will you consider that you're already taking entry 1?
We however have a different idea and are looking to go short!
justagirllearningtotrade
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@FXCM, Hi. Yes, I'm considering. I'm using proper risk management, so if this goes the other way, I will lose only 1% of my account, however, if this goes in favor of my projection, I stand to gain alot of pippage. My RRR on this one is 9.9 to 1.
justagirllearningtotrade
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@FXCM I definitely can see the sell perspective too. It will be interesting to see how this pair plays out.