if some of you have taken this setup i posted last week friday telling you to watch out for this and if you had taken this on monday (yesterday) you would be 70pips in profit right now....
if you followed my usdchf trade i took last week, it managed to bounce back down on the trendline and got in a 2nd trade. find attached the chart on these trades
simpleforex wrote:pending trade placed on usdcad,,,going short.
Hi Simpleforex,
I noticed that my trendline and yours is a bit different. I'm not saying that you're wrong but there is a possibility the price will go up a bit which might hit your SL. Anyway, goodluck and hope the the price will go down, instead straight upward