A nice swing low for USD/CHF..look out

[The Trading Mentor]

 

[Jason]

View attachment 214

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]

,9280 is resistance, above this potential buy signal www.thetradingmentors.com

 

[ellisdelgado]

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]

@ellisdelgado If it works well with your strategy, go ahead. Stop loss should never be placed randomly, it should be a strategic move.

 

[brunildafulton]

@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]

Setting a stop loss depends on your risk appetite. Set the sl at a point below which you can’t afford to lose.