AUD/CHF Why Not?

27 de fev. de 2023

AUDCHF

Sure, why not trade something I don't normally look at.
I have to start with this pair at some point.

After a couple of close TP misses prior/during the recent Asian session, took a short on the Aussie Swissy heading into a round number before NYSE open.
After the opening bell, it slowly chopped and hit my hard 10pip TP, right before the small whiplash "Pending Home Sales" USA release 10:00 am est (UTC-5).

My trades are not huge pip amounts, but consistency wins the race.
Think rabbit and the tortoise, and the amount of lots on each of my positions.

Trade well

27 de fev. de 2023

Nota

Remember, always be aware of your surroundings, meaning events that occur that could affect how price action reacts. FX opening, NYSE opening, economic new releases, etc.