Monday 20 February 2012

Where's the Trade? Update USDCHF 7.47 am London 21/2/12

Risk Warning: Trading Forex is inherently risky. This is not a trade alert service and should not be taken as advice to enter or exit a trade. It is simply a narrative of what Straight Talk Traders are watching for, which may or may not happen. What is posted here may or may not develop into legitimate setups on Straight Talk Trading's Complete Response Trading System's specific entry and exit rules, which are only accessible by STT clients. 

Based on Where's the Trade?: USDCHF

There was no opportunity for entry on the 1H chart due to price speeding to the target before the signal was given. Nonetheless, the 4H Perfect Storm setup is still technically in play and will continue to be watched.

Net: No entry yet.

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