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The trading idea presented last April 25 talked about setting up a grid of sell limits in CHF/JPY.

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Yesterday, the pair finally started to decline, breaking the mirror level of 150.200. Traders could close their positions now as the price movement was already as much as 2,000 pips.

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Huge congratulations to those who followed the strategy, which was based on the “grid trading” method!

Another good take-progfit level is 149.

Good luck and have a nice day! Don’t forget to control the risks.

The material has been provided by InstaForex Company – www.instaforex.com

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