USD/CHF 2B

February 18th, 2009 | Tags:

usdchf-2b1

Today;s example is our favorite 2B strategy.  USDCHF made new hi @ 1.1768 whcih was 7 pips above the previous hi. We place sell order @ 1.1759 and protective stop @ 1.1773. As you can see a nice 30 pip profit could be made from this position.

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