Swing Trading is Back - Dollar-Swiss Short
Posted by on Wednesday, October 29th, 2008 at 11:26 amIt’s been a while since my last swing trade. Trades where I make between 50 and 100 pips, I call swing trades. Today I was able to catch a very nice move triggered by my FX Fusion strategy.
As you may already know, my day trading strategy is based on looking for combinations of “Key Levels.” I executed the following trade once I saw my setup was triggered and confirmed.
10/29/08 USD/CHF = 152 PIPS
One of the great things about the FX Fusion strategy is that I get in knowing where to put my stop loss and where to take my profits ahead of time. In this trade, I took profits at two levels in order to maximize my gains.
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