Hello,
Short of USDCFH was my only trade of yesterday. I made it @ 1.0098 and it trades at breakeven now. The reason I made this trade was a big bearish candle on Monday which tried to test recent highs, failed and then retreated. Yesterday I waited until the pair moved back somewhat into resistance area which, I believe, is somewhere around 1.1 and shorted. Unfortunately, I still have an open EURGBP which moves against me and, despite how USDCHF will perform I can be margin call-out by any sharp up move by EUR.
Short of USDCFH was my only trade of yesterday. I made it @ 1.0098 and it trades at breakeven now. The reason I made this trade was a big bearish candle on Monday which tried to test recent highs, failed and then retreated. Yesterday I waited until the pair moved back somewhat into resistance area which, I believe, is somewhere around 1.1 and shorted. Unfortunately, I still have an open EURGBP which moves against me and, despite how USDCHF will perform I can be margin call-out by any sharp up move by EUR.