As the US traders start to bring the CHF down, an entry is taken when normally there would be lots of US economic news. The stop loss is relatively inexpensive at 13 pips and with our Target 2, 80 pips away, it is hard to resist this trade. However buyers enter a significant technical level in advance of the Asian session low and we exit.
Good luck with your trading!
Back tomorrow if we find a trade.
Michael www.privateforexcoaching.com
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