Sunday 1 April 2012

Where's the Trade? Results CHFJPY 6.53 am London 2/4/12

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(TM)'s Complete Response Trading System(TM)'s specific entry and exit rules, which are only accessible by STT clients. 

Based on Where's the Trade?: CHFJPY

In spite of the time, the 5M trade worked out - hit first target before reversing as expected. We are still on course for the development of the longer term trades.

Net: Would have been a profit, although these smaller timeframe trades are not taken due to the relatively large spread.


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