An active UK session for a change and no major economic news releases to keep us out.
The EUR, CHF and AUD all set up nicely. The EUR and CHF inversely confirm each other. The Asian session lows were not tested with the CHF and an entry is taken long just as the EUR inversely set up for a short. The CHF offered a better than 3:1 Reward to Risk to our Target 2 with a 14 pip stop loss for a potential 51 pips of gain.
As price moved up, the profit stop is moved up to protect the profits. We are stopped out protecting Target 1… and that brings October to a close.
Good luck with your trading!
Tomorrow is a holiday in France and Italy.
Back tomorrow if we find a trade.
