Chfjpylong
CHFJPY BUY - Simple Price ActionI am having this pair on my watchlist since a while now and ever since it broke the last downtrend I was looking for a good opportunity to throw myself into the market.
This trade is based on a very basic price action analysis. I prefer to keep it simple, as simple worked best for me so far.
Between the current price and the 200 EMA level is a pretty good entry. I am looking to go long first thing the first quotes come in tomorrow and aim for a test of the last high.
God speed my fellow traders!
CHFJPY LongStill have bearish bias overall on S&P, and unlike JPY, CHF isn't much affected with market pricing in the possibility of another Fed rate hike this December. Setting up buy stop order few pips above the base pivot level in the daily chart (@114), with TP near 115 (100 fib level) and SL @113.45 (few pips below 0 fib level).
Daily:
Weekly:
Confidence: B (might still be affected with the outcome of G20 and any developments about US-China trade war)
Possible trend shift in CHFJPY – going longThe Tidal Shift Strategy has just bought CHFJPY at 113.738. The system recommends entering this trade at any price between 113.612 and 113.864. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at -1.954, which suggests that the CHFJPY could be trending upwards.The 14-period Average True Range on a daily chart is 0.101, so the stop loss has been set at 113.234. 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: 60220
Time Issued: Monday, 26 November 2018 17:00:16 GMT
Status: open
Entry: 113.612 - 113.864
Limit: N/A
Stop Loss: 113.234
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 resistance, potential drop!CHFJPY is approaching our first resistance at 114.03 (horizontal overlap resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 113.12 (horizontal overlap support, 61.8% Fibonacci extension, 50% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance where 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.
FOREX: CHFJPY - SWING - 23. NOV. 2018WELCOME TO DACAPITAL-TRADING!
CHFJPY FOREX BREAKDOWN 23 NOVEMBER 2018
1 HOUR
Strong bearish reaction to 113.850 after forming new Highs!
4 HOUR
Bearish reaction after forming new H4 Highs (HH) indicating further buyers pressure!
DAILY
Pullback with a second daily bearish closure, expecting some bullish movement now!
LEVELS
(Please split your Position to 3 small ones for perfect entrys!)
BUY CHFJPY
1ST @ 113.230
2ND @ 113.170
3RD @ 113.120
SL @ 112.760 (40 Pips)
TP @ 113.700 (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 is approaching resistance, potential drop!CHFJPY is approaching our first resistance at 114.03 (horizontal overlap resistance, 100%, 61.8% Fibonacci extension, 38.2% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 113.12 (horizontal overlap support, 61.8% Fibonacci extension, 50% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop 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 113.224. The system recommends entering this trade at any price between 113.093 and 113.355. The signal was issued because our Speculative Sentiment Index is extremely positive, with a value of -1.566. This suggests that the CHFJPY could be trending upwards.The 14-period Average True Range on a daily chart is 0.525, so the stop loss has been set at 112.699. 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: 60101
Time Issued: Monday, 19 November 2018 17:00:16 GMT
Status: open
Entry: 113.093 - 113.355
Limit: N/A
Stop Loss: 112.699
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.