FX.co ★ Trading tips for CHF/JPY

Last January 4, we recommended to set sell limits after the breakdown of yearly highs.

Plan:

Development:

The CHF/JPY pair moved by 500 pips, achieving our goal.

So, congratulations to those who followed the idea!

We can place another set of grids after the breakdown of yearly highs.

This strategy is called grid trading, which is usually used on cross rates.

Good luck and have a nice day!