A nice swing low for USD/CHF..look out
- Thread starter The Trading Mentor
- Start date
Jason
Administrator
usd/chf is one of the more certain pairs! If it comes down to early 0.9220s, I will go long on it.
The Trading Mentor
New member
,9280 is resistance, above this potential buy signal www.thetradingmentors.com
ellisdelgado
Active member
Planning to enter the market above 0.9367 and believe that the stop loss would be fine at 0.9325. What do you say?
jacquelynwhite
Active member
@ellisdelgado If it works well with your strategy, go ahead. Stop loss should never be placed randomly, it should be a strategic move.
brunildafulton
Well-known member
@ellisdelgado Not a financial advice but I think one should aim for a lower price point say about .9350 and a stop loss at .9315.
brendalloyd
Well-known member
Setting a stop loss depends on your risk appetite. Set the sl at a point below which you can’t afford to lose.
