2 Weeks of the CHF

Good Morning Dynamic Traders

Hope you all had a great weekend and are now ready for another week trading the markets.

Today I am going to conclude the events of the Swissy from last 2 weeks. Over this period the CHF has remained oscillating, which means for a long term trader this chart may not have been on your watch list. For a short term trader the CHF has offered a couple of opportunities to catch profits.

Over the 2 weeks we have had a double top, price using Fib breather levels, the RN has been playing a key role and so have the Support and Resistance lines. We have also experienced very big climbs and large drops in price. These are all the tools along with the VI that the short term traders of you should have been using, as they have popped up very clearly over the last 2 weeks.













If you have managed to catch some profits from the CHF over the last 2 weeks, very well done to you! Don’t worry if you missed out, practice makes perfect, and ensure that your ready for next time!

I will definitely be choosing another cross to follow for the next couple of weeks!

Happy Trading

Richard Monnery