trutt79

(MS) USDCHN 60 min short

Short
OANDA:USDCNH   USD/CNH
Dear readers, sometimes futures trading can be very dry as we could only pick what the
exchanges offers. I'm not going into technicalities on all these as i presume everyone should have
good or better knowledge then me.

Do i trade with market marker? Yes i do. It's just too many work to be done on myself everyday thus
i can't publish so much at one time. Do pardon me on that. Now, here is a nice chart on USDCHN
which is clearly on a downtrend. My trading plan is simple. I'd let it pull back to the structure,
the red zone. I'd wait for a lower high higher low within it. Just go with trend. Target will first be
1:1, and i'd let it try to hit the low again for next exit.

Take note this is a short term trade.

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