See daily chart of GBPCHF below for the discussion that follows.
Last week’s post was also about GBPCHF… I went long and got stopped out. The support I mentioned last week was broken and is now being tested as resistance. I’ll consider going short here if I get clear price action / candles as per my strategy.
I’m constantly reminding myself these days that not every setup have to be taken… and sometimes not trading is better and always an option. Be careful trading out there.
Remember, always have your own trading plan and never follow other people blindly. Always know where you will be proven wrong on any trade and have stops in place. Stick to your stops and never bet the farm.
On Ideas: Please don’t take this as trading advise. Please do your own due diligence before entering any trade. Also see Disclaimers.
Thanks for reading.
Thanks and Regards,
Trading SOS SOS