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Trading tips for CHF/JPY

Trading tips for CHF/JPY

Last January 4, we recommended to set sell limits after the breakdown of yearly highs.

Plan:

See also: Start Forex trading with a European level broker!
Trading tips for CHF/JPY

Development:

Trading tips for CHF/JPY

The CHF/JPY pair moved by 500 pips, achieving our goal.

So, congratulations to those who followed the idea!

We can place another set of grids after the breakdown of yearly highs.

This strategy is called grid trading, which is usually used on cross rates.

Good luck and have a nice day!

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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