Chfjpysell
volume is thinning out as the holiday season closely approachesinvestors’ focus on the risk of a slowing global economy, a sharp rally in the yen — a traditional haven currency — would make some sense to opening low risk short position from here, Also current administration’s strategy to use tariffs as threats to mold his foreign-policy against multiple countries will create an ongoing and unknown certainty .
CHFJPY LATEST UPDATE.In the name of Allah, the Most Gracious, the Most Merciful.
CHFJPY LATEST UPDATE.
IT IS HIGHLY RECOMMENDED TO FOLLOW RISK MANAGEMENT STRATEGY.
USE TP AS PATTERN.
HOW TO TRADE ON OUR SIGNALS.
We Explain above you use that lot size whatever Capital you have.
Let say, for example, you have 4000 Dollars Capital.
We Posted Trade which has 4 Take Profit.
We will use 0.20 Total lot size We will divide it
in 4 Orders.
0.20 lot Divided by 4 Take profit = 0.05 Lot size.
So we will open 4 Trade with 0.05 Lot size for each trade.
Let See How We will do.
1st Trade 0.05 Lot: Stop loss Same >> Take profit will set to First target.
2nd Trade 0.05 Lot: Stop loss Same >> Take profit will set to Second target.
3rd Trade 0.05 Lot: Stop loss Same >> Take profit will set to the Third target.
4th Trade 0.05 Lot: Stop loss Same >> Take profit will set to the fourth target.
Let Say Our First Target Hitted Then you need to Move All Remaining Trade stop loss to Entry.
If Our Second Target Hitted Then You Need to move All Remaining Trade stop loss to First Target.
If our Third Target Hitted then You need to move All Remaining Trade stop loss to Second Target and So On.
Note: This is only for Educational Purpose this is not Investment advice.
Thanks
Adil Khan.
ANOTHER RETEST BEFORE WE DROP AGAIN?CHFJPY has been a pretty bearish pair and at the moment, price is showing potential to re-test the zone i have marked at the grey price level before falling again. Bear in mind that price has been bearish for quite a while so we may be nearing the end of this bearish trend In that case, Price also has the potential to move up bullish to our stop loss.
CHFJPY approaching support, potential for a bounce!
CHFJPY is expected to drop to 1st support at 108.184 where it could potentially react off and up to 1st resistance at 108.624.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.