EUR/CHF: closed trade follow-up

Yesterday’s profit taking in EURCHF was another example of why intuitive trading is what a disciplined trader should steer away from. Negative Euro news flow with the pair trading just below 4h and 1d resistance level have prompted me to close the long position with a small profit. Nontheless the price moved higher and held its intraday uptrend. The exit has proved to be early levaing me with a net loss with the two trades combined.


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