In this thread I hope to show to all the newbies out there that with patience and discipline that there are pips to be made consistently. I will be posting transactions which If I trade, these are the transactions I would create. So they are not signals, suggestions, calls or a service ( so all that legal mumbo jumbo is taken care of right away). They are potential trades that I would consider IF I WHERE TO TRADE!
So lets begin with the first commerce, USDCHF.
When I where to trade I could go long at 1.2460 using a 40 pip stoploss and choose profit goal with half the transaction for 1.2580.
Also I might go short this pair at 1.2395 using a stoploss of 1.2445 and first take profit goal with half the transaction @ 1.2245.