Friday, March 27, 2009

Trade Update - USD/CHF

This trade is going well (click here for original trade idea). The trade opened at the end of the 0500 EDT bar this morning at 1.1338. We moved to break even (+50 pips) just before 0700 EDT and I put a 20 pip trailer on it. As we stand now, we have saved +80 pips and our stop is at 1.1418. We'll take this as long as it wants to go and I'm prepared to hold it over the weekend if necessary. Below is the chart as we stand today.


More later this weekend.

Happy Trading!