Friday, November 30, 2007
USD/CHF; Chance Spotted
Hourly USD/CHF Chart
By accident, I kind of spotted this trade. Looking to short 0.55 lots with a s/l of 50 pips and t/p of 50 pips as well. R/R of 1:1. Not exactly the best in the world but worth the trade due to high probabilities. A cross under MA(8) for MA(5) would siginify a time to enter, stochs are all pointing downwards, coupled with RSI sitting at 50. This is something to look out for.
Simply, waiting for a cross now.
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