Chfjpylong
CHFJPY Approaching Resistance, Potential ReversalCHFJPY is approaching its resistance at 112.92 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal pullback resistance) where it icould potentially reverse down to its support at 111.97 (horizontal overlap support).
Stochastic (55, 5, 3) is approaching its resistance at 93% where a corresponding reversal may occur.
Extreme trader sentiment points to possible CHFJPY downtrendThe Trend Follower Strategy has just sold CHFJPY at 111.613. The system recommends entering this trade at any price between 111.464 and 111.762. The signal was issued because our Speculative Sentiment Index is extremely negative, with a value of 1.618. This suggests that the CHFJPY could be trending downwards.The 14-period Average True Range on a daily chart is 0.595, so the stop loss has been set at 112.208. This stop loss order is a trailing stop that will move down as the market moves down. There is no profit target for this strategy. We expect to be closed by the stop loss.Trend Follower is a trend trading strategy that aims to buy and hold rising currency pairs and to sell short and hold falling currency pairs. The strategy looks to buy when the Speculative Sentiment Index is below -1.5, and looks to short when it is above +1.5.
Signal ID: 60813
Time Issued: Wednesday, 26 December 2018 19:00:16 GMT
Status: open
Entry: 111.464 - 111.762
Limit: N/A
Stop Loss: 112.208
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
78.58% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CHFJPY appears oversoldThe Congestion Opportunities Strategy has just bought CHFJPY at 111.35. The system recommends entering this trade at any price between 111.192 and 111.508. The signal was issued because the 28-hour Relative Strength Index indicates that the CHFJPY may be oversold, while the Speculative Sentiment Index reading of 1.232 indicates that trader sentiment is not at extremes.The 14-period Average True Range on a daily chart is 0.633, so the stop loss has been set at 110.717. This stop loss order is a trailing stop that will move up as the market moves up. There is no profit target for this strategy. We expect to be closed by the stop loss.Congestion Opportunities is a range trading strategy that aims to sell overbought currency pairs and to buy oversold currency pairs. The strategy will only trade when the Speculative Sentiment Index for that currency pair is between -1.5 and +1.5. Limiting range trading in this way has shown in the past to significantly raise the probability of successful range trades.
Signal ID: 60781
Time Issued: Sunday, 23 December 2018 22:00:16 GMT
Status: open
Entry: 111.192 - 111.508
Limit: N/A
Stop Loss: 110.717
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
78.58% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CHFJPY Approaching Support, Potential BounceCHFJPY is approaching its support at 110.75 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 111.71 (23.6% Fibonacci retracement, horizontal pullback resistance).
Stochastic (89, 5, 3) is approaching its support at 1.7% where a corresponding bounce could occur.
Possible trend shift in CHFJPY – going short
The Tidal Shift Strategy has just sold CHFJPY at 112.586. The system recommends entering this trade at any price between 112.371 and 112.801. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at 1.146, which suggests that the CHFJPY could be trending downwards.The 14-period Average True Range on a daily chart is 0.172, so the stop loss has been set at 113.447. This stop loss order is a trailing stop that will move down as the market moves down. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours.
Signal ID: 60762
Time Issued: Thursday, 20 December 2018 20:00:16 GMT
Status: open
Entry: 112.371 - 112.801
Limit: N/A
Stop Loss: 113.447
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
78.58% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CHFJPY approaching support, potential bounce! CHFJPY is approaching our first support at 112.26 (horizontal swing low support, 76.4% fibonacci retracement, long term ascending support line) where a strong bounce might occur above this level pushing price up to our major resistance at 113.15 (horizontal pullback resistance, 38.2% fibonacci retracement, 61.8% fibonacci extension).
Stochastic (34,5,3) is also approaching support where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Extreme trader sentiment points to possible CHFJPY uptrendThe Trend Follower Strategy has just bought CHFJPY at 113.162. The system recommends entering this trade at any price between 113.026 and 113.298. The signal was issued because our Speculative Sentiment Index is extremely positive, with a value of -1.516. This suggests that the CHFJPY could be trending upwards.The 14-period Average True Range on a daily chart is 0.543, so the stop loss has been set at 112.619. This stop loss order is a trailing stop that will move up as the market moves up. There is no profit target for this strategy. We expect to be closed by the stop loss.Trend Follower is a trend trading strategy that aims to buy and hold rising currency pairs and to sell short and hold falling currency pairs. The strategy looks to buy when the Speculative Sentiment Index is below -1.5, and looks to short when it is above +1.5.
Signal ID: 60703
Time Issued: Wednesday, 19 December 2018 19:00:17 GMT
Status: open
Entry: 113.026 - 113.298
Limit: N/A
Stop Loss: 112.619
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
78.58% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CHFJPY Testing Support, Potential BounceCHFJPY is testing its support at 113.09 (100%, 61.8% Fibonacci extension, 50% Fibonacci retracement) where it could potentially bounce to its resistance at 113.74 (38.2% Fibonacci retracement).
Stochastic (89, 5, 3) is approaching its support at 4.6% where a corresponding bounce could occur.
CHFJPY TRADE OPPORTUNITYCHFJPY is setting up to make a crucial descision in the next few days. We are approaching a key support trendline and the interaction we get will be important. There are two ways of drawing the support line so I posted them both and you guys can determine which one you like better. If we are going to move up, we will probably form some type of reversal pattern indicating the move. As always guys, make sure to follow me so I know you guys like the content!!:D Much Love!
Possible trend shift in CHFJPY – going shortThe Tidal Shift Strategy has just sold CHFJPY at 113.359. The system recommends entering this trade at any price between 113.219 and 113.499. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at -1.28, which suggests that the CHFJPY could be trending downwards.The 14-period Average True Range on a daily chart is 0.112, so the stop loss has been set at 113.918. This stop loss order is a trailing stop that will move down as the market moves down. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours.
Signal ID: 60652
Time Issued: Tuesday, 18 December 2018 07:00:15 GMT
Status: open
Entry: 113.219 - 113.499
Limit: N/A
Stop Loss: 113.918
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
78.58% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FOREX: CHFJPY - SWING - 17. DEC. 2018WELCOME TO DACAPITAL-TRADING!
CHFJPY FOREX BREAKDOWN 17 DECEMBER 2018
1 HOUR
Strong bullish price action..
4 HOUR
Strong reaction to 113.500 possible HL and now up!
DAILY
Overall bullish price movement with Bullish waves and a lot of HH / HL!
LEVELS
(Please split your Position to 3 small ones for perfect entrys!)
BUY CHFJPY
1ST @ 114.040
2ND @ 113.990
3RD @ 113.940
SL @ 113.600 (40 Pips)
TP @ 114.480 (50 Pips)
RR: 1.30
IF YOU HAVE ANY QUESTIONS LET US KNOW IN THE COMMENTS
ALSO LEAVE US A LIKE TO KEEP OUR CONTENT FOR FREE!!
CHFJPY : Clearish Channel in HistoryCHFJPY Current structure displays a bullish channel. If/when the formation breaks, price will break out. Price is making higher highs and higher lows. Setting the SL below previous low, which will indicate a weakening trend. Otherwise, we ride it up to 115.120 level.
Thanks for reading and much success!
Follow- and let's build success.
- StampsFX
CHFJPY-H4 Potential The Three Hills and A MountainCHFJPY-H4 - Potential The "Three Hills and A Mountain"
Trade : The first trade occurs on the close below the trend line. The second trade occurs after
completion of a 62% retracement to the downside-"AB." The second trade is a "long" trade
from "C."
Target : The first trade target (Short) is 62% of prior swing length-"AB." The second trade
target is from the "C" level, which is 100% to 127% of "AB" to the upside.
Stop : Place the "first trade" stop above the "B" level and the "second trade" stop below the
"C" level.
CHFJPY approaching resistance, potential drop! CHFJPY is approaching our first resistance at 114.33 (horizontal swing high resistance, 100% fibonacci extension, 61.8% fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 113.96 (horizontal swing low support, 61.8% fibonacci extension, 23.6% fibonacci retracement).
Stochastic (34,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
Possible trend shift in CHFJPY – going longThe Tidal Shift Strategy has just bought CHFJPY at 114.21. The system recommends entering this trade at any price between 114.062 and 114.358. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at -2.387, which suggests that the CHFJPY could be trending upwards.The 14-period Average True Range on a daily chart is 0.119, so the stop loss has been set at 113.616. This stop loss order is a trailing stop that will move up as the market moves up. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours.
Signal ID: 60534
Time Issued: Tuesday, 11 December 2018 20:00:15 GMT
Status: open
Entry: 114.062 - 114.358
Limit: N/A
Stop Loss: 113.616
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
78.58% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CHFJPY Buy @113.3CURRENCY: CHFJPY
ENTRY: BUY @ 113.3
MONTHLY TREND: BUY
WEEKLY TREND: BUY
DAILY TREND BUY
ANALYSIS: Alignment on Monthly, Weekly, Daily Trends, Enter at 8 Hour Bollinger
VALID PERIOD: 64 Hours or if daily trend shift
STOP LOSS: No Stop Loss, exit according to Valid Period positive or negative
CHFJPY - Another buy. Another Try.My last CHFJPY trade didn't work out. In hindsight I misinterpreted the chart completely. It shows once again how vital it is to have a working money management in place. I personally don't worry too much about a bad trade.
I give my initial idea (see related ideas) another try. I am posting the daily chart for the sake of simplicity, the trade is based on the 4H though.
The trade is based in my simple price action approach; The uptrend is intact, the 200EMA serves as a pivot. My guess is that we'll re-test the latest high - at least. There is a very good chance we will see higher levels if that is the case but I stay disciplined and work with set stops and take profits.
This whole idea is neglected if we break the last low. A break of the trend line isn't too much of a worry if the last low stays a higher low!
God speed!