Bollinger Band Breakout On USDCHF After Federal Funds Rate Decision
This trade was executed on 17 June 2015. The Feds did not raise the interest rate yet another time, which disappointed investors and led to a USD drop. The lower Bollinger Band on USDCHF on the one-hour chart was broken and there was no HTF (higher time frame) support. The risk/reward was favorable so I placed a pending short order right below the candlestick that broke the lower BB. T/P was placed at the S1 pivot point. The order was later executed and went to target in a few hours. Around 50 pips profit.
Dear friends, I have been successfully trading this live account for quite some time working over 10 hours a day. I need your help to be able to set some time aside for putting together a detailed training manual for you. Send a donation now and you will receive the complete trading manual for free once finished. Guaranteed!
Thank you and green pips to all of you!