short USD, long EUR and CHF

Quote from roclerman:

so, what's your stops zone...

I like you're call if we cross the 1.2180 zone...

It would be an shaked session, i hope..
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My current EUR/USD stop is currently around that area.
The way things are moving right now
it seems that we may have one or more "clean-up" spikes
so I would rather use stops far away.
 
Quote from Ivanovich:

I would caution following this gentleman.
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Everybody should trade on his/her own risk, of course.
Not asking anyone to follow me.

However, my system say that these trades
have low risk/reward ratio, so I take them.

I managed to get good entries (on average),
I will probably manage to get out breakeven
if things start looking dodgy.

current:
EUR/USD 1.2177
USD/CHF 1.2752

More later.

cheers
 
Quote from roclerman:

what a whipsaw yesterday at 1.218.
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Typical. We may have another, or not, no one can know.
But since it looks like a bottom, the best
thing to do is to keep stops away from price action
for the time being. Catastroph-stops only...
 
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