CHFJPY and CADCHF Trade update

Written by Raul Lopez on April 7, 2011. Posted in Trades & Analysis

The CHFJPY trade was closed yesterday a few hours before the JPY interest rate announcement. I closed it with a loss of 11 pips.
I’m still holding my CADCHF trade, haven’t been able to move my SL order because it is still trading in the range I originally took my trade off:

This trade has been smashed by the announcement, first the CHF CPI, and today the 7.4 earthquake in Japan, luckily it has been rejected from the ST support around 0.9525

Trade Safe!

Raul Lopez
Forex Training

Tags: CADCHF Analysis, CHFJPY Analysis

Raul Lopez

I've been trading the forex market for more than 11 years. All my trades are based on price action. Check out my Forex Coaching program, I can help you develop a system that helps you trade consistently.

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