FX.co ★ USD/CHF
Trader Journals:::
USD/CHF
I want to share with you my levels that I’ll be trading from. So, for buys at the 0.8140 level, that’s what the USDCHF pair has given us, and from the screenshot we can see this is for the H1 timeframe. If the market situation changes and the big players decide not to move in my direction, then at 0.8126 we’ll get a STOP. But if everything remains valid, then at 0.8153 we’ll partially close the position, then we’ll fly up to 0.8166 and at that level we’ll lock in another part of our profit. And we’ll stretch the remaining profit (we’ll try) and close it at 0.8179. So that our profit doesn’t get dragged into negative, after each take-profit we’ll trail the stop orders.