Hello, everyone who has been following me. What a great way to end the week! I took a loss while trading GBPCHF during a high-impact news event, and I’ll be sharing both an explanation and the results shortly (meaning in hours or days). One thing remains certain—while we can’t always predict every move in forex trading, we can focus on managing risk effectively and keeping our drawdowns low. What a strong way to close the month!
Its Feb 03 2025 and I am back to this game USDCHF not good because it looks overbought, which can cause price stagnation for over an hour.
I was NOT trading the pair because of its lack of momentum one hour is over, that price stagnation was expected especially after trump's tariffs disrupted the market and caused the USD to strengthen