Where's the Trade? Results Longer Term CHFJPY 2.29 am London 9/4/12

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?: Longer Term CHFJPY

As expected, this trade didn't go. Because aggressive management was used, the loss was minor - in the 20-23 pip range. The setup is still valid, although it will likely not trigger for awhile.