See daily chart of USDCHF below for the discussion that follows.
USDCHF formed a hammer / pin bar in a support zone this past Friday. I will go along here if I can get a decent entry… this is because I only look at the charts a couple of hours after the markets open after a weekend.
Even though I have been trading, I’m still do so way less than normal since I’m still being very cautious.
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