The USDCHF trade is looking good now. The Kijun Sen has moved to a value of 1.0504 now so we are going to adjust our stop to 1.0479. This is reducing our risk. As the trend continues, you want to adjust your stop with the Kijun Sen in order to reduce your risk. The goal is to get to a “free trade” where our stop is above your entry price. If you want to reduce your risk so more because you are happy with the current profits then you can trade the Ichimoku chart off the 120 or the 60 minute now.
For EDUCATIONAL USE. Commodity Futures Trading Comission, 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