08 Sep Update on GBP CHF Swing Long – Position Now Closed
Referencing the GBP:CHF swing long detailed HERE on 6th September, I’ve opted to close the position.
Following an impressive 1400 pip rally over the last few days, I feel it would be foolish to attempt to squeeze every last pip out of my long position.
Price currently trading at 1.3970 which is approximately 130 points away from my ideal exit target, but I’ve taken the view (as I often do) that it’d be more mentally damaging to lose the gains I’ve already made than it would be satisfying to win the extra points up to my ideal exit target.
If you are holding a long position on this pair, and have more balls than me, I still see 1.4100 as a viable target.