My analysis shows that USDCHF is getting ready to rise. Trend is slighlty negative but it has a very strong upward wave which might be able to change the trend. As a result i will place a limit buy at 0.9160 with a S/L at 0.9150 and T/P 0.9300. I will also pay attention to EURUSD which is getting ready for a new big move downwards . That means that i may have to publish the idea in the middle of this week (when i get confirmation from my system)
Order:
1. USDCHF BUY @ 0,9160 S/L 90.50 , T/P 93.00 .
If not executed order expires on the 16 of March
Updated 17/03/2012 : My trade has been triggered on the 13th March and closed one day later - Total profit of +140 pips
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