empty
 
 
05.05.2023 12:59 PM
Tips for trading CHF/JPY

This image is no longer relevant

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

This image is no longer relevant

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.

This image is no longer relevant

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.

Andrey Shevchenko,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
Andrey Shevchenko
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback