Extreme trader sentiment points to possible EURCHF downtrendThe Trend Follower Strategy has just sold EURCHF at 1.13234. The system recommends entering this trade at any price between 1.13126 and 1.13342. The signal was issued because our Speculative Sentiment Index is extremely negative, with a value of 1.51974. This suggests that the EURCHF could be trending downwards.The 14-period Average True Range on a daily chart is 0.00433, so the stop loss has been set at 1.13667. 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: 60433
Time Issued: Wednesday, 05 December 2018 07:00:15 GMT
Status: open
Entry: 1.13126 - 1.13342
Limit: N/A
Stop Loss: 1.13667
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.
Eurchfshort
EURCHF BEARISH CONTINUATION SETUPPrice breaks and retested broken support level that lined up with H4 moving averages and 50.0 Fib ratio.
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This swing is also a possible Wave 4 of ending diagonal wave and price has the potential to move down towards the support zone & -27.0 Fib area to complete the Wave 5.
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Price has also made a daily bearish engulfing candle and inside candle which are further confirming the bearish potential.
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We will look for the breakout of the corrective structure CTL for entry.
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Safe trading!
EURCHF appears overboughtThe Congestion Opportunities Strategy has just sold EURCHF at 1.13434. The system recommends entering this trade at any price between 1.13326 and 1.13542. The signal was issued because the 28-hour Relative Strength Index indicates that the EURCHF may be overbought, while the Speculative Sentiment Index reading of 1.0009 indicates that trader sentiment is not at extremes.The 14-period Average True Range on a daily chart is 0.00433, so the stop loss has been set at 1.13867. 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.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: 60323
Time Issued: Thursday, 29 November 2018 17:00:15 GMT
Status: open
Entry: 1.13326 - 1.13542
Limit: N/A
Stop Loss: 1.13867
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.
EURCHF approaching resistance, potential drop!EURCHF is approaching our first resistance at 1.1360 (38.2% Fibonacci retracement, 61.8%, 100% Fibonacci extension, horizontal overlap resistance) where a strong drop might occur pushing price down to our major support at 1.1332 (horizontal swing low support, 100% Fibonacci extension, 50% Fibonacci retracement).
Stochastic (55,5,3) is also approaching resistance 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.
Possible trend shift in EURCHF – going shortThe Tidal Shift Strategy has just sold EURCHF at 1.1306. The system recommends entering this trade at any price between 1.1293 and 1.1319. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at 1.34469, which suggests that the EURCHF could be trending downwards.The 14-period Average True Range on a daily chart is 0.00104, so the stop loss has been set at 1.1358. 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: 60131
Time Issued: Tuesday, 20 November 2018 19:00:15 GMT
Status: open
Entry: 1.1293 - 1.1319
Limit: N/A
Stop Loss: 1.13580
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.
Extreme trader sentiment points to possible EURCHF uptrendThe Trend Follower Strategy has just bought EURCHF at 1.13739. The system recommends entering this trade at any price between 1.13639 and 1.13838. The signal was issued because our Speculative Sentiment Index is extremely positive, with a value of -1.53813. This suggests that the EURCHF could be trending upwards.The 14-period Average True Range on a daily chart is 0.00398, so the stop loss has been set at 1.13341. 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: 60004
Time Issued: Wednesday, 14 November 2018 22:00:15 GMT
Status: open
Entry: 1.13639 - 1.13838
Limit: N/A
Stop Loss: 1.13341
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.
EURCHF (1D): EUR Event PlayEURCHF
Timeframe: 1D
Direction: Short
Confluences for Trade:
- Bearish candles formation
- Price rejected Resistance Trendline (since May 18)
- Horizontal Resistance Trendline (38% Fibo level) strong
- Price broke the Short Term Trendline (since Sept 18)
- Stochastic Overbought momentum
- Fundamentally, Italy supposed to provide EU with a revised budget this coming Tuesday but from the likes of it, unlikely there would be any revision. The continuation of this budget issue will only make Italy's budget deficit worse with the Italian bond yields spiking higher.
Suggested Trade:
Entry @ Area of Interest 1.1370 - 1.1430
SL: 1.1497
TP: 1.1191
RR: Approx. 2.00 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
Extreme trader sentiment points to possible EURCHF uptrendThe Trend Follower Strategy has just bought EURCHF at 1.14613. The system recommends entering this trade at any price between 1.1451 and 1.14717. The signal was issued because our Speculative Sentiment Index is extremely positive, with a value of -1.52557. This suggests that the EURCHF could be trending upwards.The 14-period Average True Range on a daily chart is 0.00414, so the stop loss has been set at 1.14199. 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: 59856
Time Issued: Wednesday, 07 November 2018 02:00:16 GMT
Status: open
Entry: 1.1451 - 1.14717
Limit: N/A
Stop Loss: 1.14199
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.
EURCHF approaching resistance, potential drop! EURCHF is approaching our first resistance at 1.1451 (horizontal overlap resistance, 100% fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 1.1412 (horizontal swing low support, 61.8% fibonacci extension, 38.2% fibonacci retracement).
Stochastic (89,5,3) 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 EURCHF – going longThe Tidal Shift Strategy has just bought EURCHF at 1.14157. The system recommends entering this trade at any price between 1.14036 and 1.14278. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at -1.24685, which suggests that the EURCHF could be trending upwards.The 14-period Average True Range on a daily chart is 0.00097, so the stop loss has been set at 1.13674. 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: 59732
Time Issued: Tuesday, 30 October 2018 16:00:16 GMT
Status: open
Entry: 1.14036 - 1.14278
Limit: N/A
Stop Loss: 1.13674
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
79.79% 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.