Friday, May 22, 2015

Longer-term Forex Trades to Consider: USDCHF, GBPJPY, EURNZD


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The following are longer-term forex trade ideas, based on the daily charts. These are trade signals we will need to wait for. Therefore, watch for these longer-term forex trades to develop over the next couple weeks (May 24 onward).
It’s recommended traders don’t risk more than 1% on a single trade, where risk is the difference between the entry price and stop loss price, multiplied by the position size (see Proper Positions Sizing).
USDCHF
The…

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