Article Summary:

How to living rich, happy, and comfort as become professional forex trader with emotion free trading methods and the best indicators and signals.I’d like to share my today’s early trade with you. Slightly more than a month ago I’ve written about a symmetrical triangle pattern on CHF/JPY W1 chart. Last week the price have closed above the upper limit of the triangle,


Article Content:

I’d like to share my today’s early trade with you. Slightly more than a month ago I’ve written about a symmetrical triangle pattern on CHF/JPY W1 chart. Last week the price have closed above the upper limit of the triangle, which signals a bullish breakout from the pattern. I entered a long trend on CHF/JPY today and share the details with you:

CHF/JPY, Long Breakout from Symmetrical Triangle, Weekly, 2009-10-26

Parameters of the position:

Currency Pair: CHF/JPY
Direction: Long
Entry Price: 91.21
Stop-Loss: 87.74
Take-Profit: 96.44
Reward/Risk Ratio: ~1.5
Risk Amount: 1%