Currency / Ichimoku: AUDCHF – 7/16/07, Trade Setup

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  • Currency / Ichimoku: AUDCHF – 7/16/07, Trade Setup

Right now is a volatile time for all market whether it is Stock, Bonds, Futures, Forex, etc. Due to the volatility, the risk is going to be higher in entering a trade in order to try to cover the huge market swings. Also, a lot of instruments are in consolidation mode instead of a trend. During times like this money management is key. Right now, your position size should be drastically reduced based on the huge risk on entering a trade.
Below is one currency pair for a potential trade.
audchf_9_16_07_d_1.png
For EDUCATIONAL USE.    Commodity Futures Trading Commission, Forex, Futures, Equity and options trading has large potential rewards, but also large potential risk and may not be suitable for everyone. You must be aware of the risks and be willing to accept them in order to invest in these markets. Do not trade with money you can not afford to lose. This is neither a solicitation nor an offer to Buy/Sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this document. The past performance of any trading system or methodology is not necessarily indicative of future results. All information provide d on the Blog is for educational purpose .