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Thursday, August 6, 2009

Looking for EUR/CHF Entry Point

Hi Traders,

EUR/CHF has been climbing fairly steadily, but I am looking for an entry point. I may be away from my computer for the afternoon, so I am placing an order to buy-in if the price once again becomes attractive enough. Here are the details of the order, good until cancelled, so I'll keep you posted if I cancel it.

EUR/CHF
Buy 1 unit at 1.5185 with a Stop Loss at 1.5151 and a Take Profit at 1.5230
Buy 1 unit at 1.5170 with a Stop loss at 1.5151 and a take profit at 152.62
Risk: 36 pips and 19 pips
Reward: 43 pips and 92 pips

From the Desk of
Aaron Reid

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