Good afternoon traders. A trading idea for USD / CHF.
The quotes of USD / CHF have been declining all throughout May and managed to break last month's low yesterday. Set limit orders to trigger a rebound and push the quotes back to a flat, in accordance with the plan below:
Place limit orders from the current prices or below, to get a movement of about 50-100 pips.
Increasing volumes in the grid is not recommended.
If the first transaction already moves 100 pips, close the order.
Good luck!
