SimpleTradingTechniques

NZDCHF - BEARISH Strategy

Short
FX:NZDCHF   New Zealand Dollar/Swiss Franc

Go short the NZDCHF if it trades at 0.7041 or lower. If triggered, place your stop at 0.7155 and exit the
position for a profit at 0.6950 or at your own discretion. (Always invest wisely).

In this trade idea you don’t get the following:

1. How to identify the trade setup
2. How to identify short term trend
3. How to protect gains in your trade
4. Market deciding price exit for big moves in the market
5. Money management
6. Buy/Sell line which let you know when to buy or when to sell
7. Rules of gap opening
Trade active
Comment:
Protect your position for this trade idea by moving your stop loss to 0.7051.
Comment:
trade close @ 0.7051 at breakeven point

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