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Friday, July 3, 2015

Longer-term Forex Trades to Consider: NOKSEK, USDJPY, GBPUSD, NZD/JPY, CHF/JPY


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Here are some longer-term forex trade ideas, based on the daily charts. It’s Friday July 3rd, so lower volume is expected with the US holiday. Happy Independence Day everyone (and happy belated Canada Day to fellow Canadians).
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).
The USDMXN trade from…

The post Longer-term Forex Trades to Consider: NOKSEK, USDJPY, GBPUSD, NZD/JPY, CHF/JPY appeared first on Vantage Point Trading.

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