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In my pick from Wednesday I entered at 141.66. I adjusted the entry because the 100 SMA moved. It easily broke through the 100 SMA and hit my initial 10 pip target. In the next candle it hit my aggressive target of 140.70 for a total of +96 pips.

USDCHF – The trade didn’t trigger during aftermath of the US Trade Balance report so I removed my entry orders.

So, for the week if you had only gone for 10 pip targets you would be down 24 pips. If you had gone for the aggressive targets I would be +62 pips. Well, I hope everyone enjoyed this week’s trade ideas. Have a great weekend!

This content is strictly for informational purposes only and does not constitute as investment advice. Trading any financial market involves risk. Please read our Risk Disclosure to make sure you understand the risks involved.