$/CHF trade question

[forexfun]

From my charts it looks like a good time to sell $/CHF at 1.3625-15 for a 50-60 pip profit in the next 6- 8 hours.

Any suggestions? What does it look to you?

[apelford]

I went short at 8:00am est @136.15


Exited trade @135.65 +50pips.

[apelford]

I enter my trades based on regressions of the current trend. I trade with multiples of 3 lots, all entries are the same but I have different exits. Once in trade initial stop is 60 pips and first lot limit is 50 pips. I modify the stop as trade moves in my direction. My first exit was +50 pips. Had it not been a Friday I would have exited the second lot @135.24 at 15:30est and still kept the third lot but I exit all trades @13:00est on Fridays so the remaining 2 lots were exited @135.19 +96 pips each on the remaining 2 lots.

Hope this helps. Have a good weekend.