FX.co ★ Tips for trading CHF/JPY

The trading idea presented last April 25 talked about setting up a grid of sell limits in CHF/JPY.

Yesterday, the pair finally started to decline, breaking the mirror level of 150.200. Traders could close their positions now as the price movement was already as much as 2,000 pips.

Huge congratulations to those who followed the strategy, which was based on the "grid trading" method!

Another good take-progfit level is 149.

Good luck and have a nice day! Don't forget to control the risks.