This is it, I decided to close it. Yes, the EUR-CHF position, My plan was, of course, to wait till it gets to 1.6370. Well, few hours ago it came soooo close, almost there. I exited at the top of that hour. My closing price was 1.6357, for a gain of 42 pips. After all, not too bad for this cross.

Among other things, I’m going to try USD-CAD  for now. Just placed a buy order at 1.0280, with projection for 1.0340. Rather small target for the time frame use, but then again I’m hoping for a quick trade, before the weekend. That’s only one day.

Speaking about one day left…. Has anybody noticed how very little has been happening on Fridays lately? I mean, there were no large moves, markets respond to news releases in luckluster manner, no direction, boredom? These phases don’t last forever, and I think we are due for a change. My intention is to try some straddle trades for USD pairs. it is not news announcements that I want to straddle, but rather time periods. For example European trading session, or US session, all day etc. I’ll keep you posted

Mike K.