Cyclopip

Positive US ISM data brushed off recession fears, ramping up risk appetite in carry trades and the global markets. This pushed up our short position back above our entry point and

It looks like EUR/CHF started off the week with a pop to the upside, closing our position out at our adjusted stop price.

Our short position reached our first profit target at 2.0500 this morning, where we closed out half of our trade. 2.05 was a strong support area as GBP/CHF immediately

It looks like our trade was closed out as EUR/CAD touched above the resistance area around 1.5200.

There wasn’t much more retracement before EUR/CHF resumed its downward momentum and it looks like it will continue lower for the time being.

EUR/CHF continued its trek lower in overnight trading without making any kind of retracement back up to 1.61. I am going to close my open orders and

Our trade closed on Friday as GBP/CHF retraced and gave back most of the rally it saw after UK Retail Sales. The pair dropped back to 2.14, our adjusted stop, after almost reaching 2.16…

Our trade closed today as GBP/CHF found support around 2.1370 and rallied 150 pips to hit our adjusted stop loss. The were plenty of buyers waiting at the bottom of the range, so

Well, we were right on our bearish bias, but EUR/CHF did not move higher to give us a better price to jump into. With the pair currently testing 1.60, 150 pips away from our short level, we will

The remaining portion of our position closed out yesterday as EUR/JPY rallied back after finding support at 155.50.