Saturday 19 January 2013

15/01/2013 NZD/CHF short (loss)



Here is a short trade on the NZD/CHF H4 chart. Reason for the trade is a big pinbar off a strong horizontal level on the daily chart. Here is the entry chart (click to enlarge)





Here is the exit chart. As it shows, price went up and stopped me out for a loss






Would I take the trade again? I'm not sure to be honest. It was a strong uptrend but the pinbar was very nice and it was off a strong daily level. 


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