CHFJPY - Bullish Reversal or Bearish ContinuationCHFJPY could potential exhibit some large candles as it breaks out of consolidation and re-tests previous resistance and support levels. Reversals could occur around the news release so consider setting conservative targets until then.by fugutrader222
CHFJPY ShortThe current weakness in the CHFJPY shows no end. Opportunity for a trend continuation trade with over 2R potential. 4 hour MACD turns negative on histogram, volume delta negative. 4 hour Value Zone is currently attacked. Enter Short <= 169.20 OR 4 H Close < 169.50 (Value Zone 4H) Stop >= 170.35 Target at weekly and monthly levels. 166.50Shortby Edgezone4
swiz to the bankCHFjpy to rise to 175 before mid month, looking at an inverted head and shoulders pattern forming on the 4h time frame, a 1 to 4 risk to reward trade. trade with proper risk management. Longby wizzywise18
ChfjpyChfJpy as we can see we have the market going down trend so we are trading with the trend and not against it Shortby Greatvic0012
CHFJPY Bear TimeBias Bearish Fundamental Analysis CHF is more neutral position. JPY after correction, most likely their interest rate will hold and possible increase further if the world can slowly adapt to it. Price Action: Price rejected from H4 & Daily SR level. The rejection caused broken H1 SR level and H1 retracement bullish TL. Price closed below both H1 SR & Bullish TL. Price momentum still bearish. Confluence: Higher TF (W/D/H4) - Daily SR rejection Lower TF (H1/M30/M15) - H1 SR level and H1 retracement bullish TL Set up: Short Entry at broken H1 SR level. SL 2x ATR(20) TP lower Daily SR level R:R 1:6Shortby royschen07110
CHFJPY SELLComing from an uptrend, we broke the trend line breaking the previous higher low and forming a lower low. We have come to retest the sell zone and got a confirmation candlestick which confirms a potential trend change. Shortby Just_Nkhensani4
CHF/JPY SENDS CLEAR BULLISH SIGNALS|LONG Hello, Friends! CHF/JPY pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 1D timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 174.705 area. ✅LIKE AND COMMENT MY IDEAS✅Longby EliteTradingSignals114
CHFJPY will go down Hello,Traders! CHF-JPY is trading downtrend and making LHs and LLS. my sell limit order is placed where feb level 61.8% test the market. We will see a further move down Sell! Shortby asadiii1
Think in Probabilities Embracing Uncertainty Your Key To SuccessPicture this: You’re at your trading desk, eyes on the charts, heart pounding as the market swings unpredictably. Do you feel that fear creeping in? Now, imagine knowing that this unpredictability doesn’t have to scare you. Instead, it can be the key to your success. Let's dive into why thinking in probabilities and staying calm in the face of uncertainty can turn trading from a gamble into a calculated path to consistent success. Many traders struggle with uncertainty because they lack a solid, tested system. Trading randomly or without a proven strategy leads to anxiety and inconsistency. But once you have a reliable system that suits your lifestyle and mindset, and you fully understand your edge, you realize that while the outcome of each trade is random, the probabilities of your trading system will work out for you over time. The Role of Probabilities in Trading Trading isn’t about predicting the next big market move; it’s about understanding the odds and working them to your advantage. Each trade is a small part of a larger statistical framework, where the focus shifts from individual outcomes to the bigger picture. Why Is Learning To Think In Probabilities So Important For Trading Success? Reduces Emotional Bias : By thinking in probabilities, you understand that each trade is just one in a series of many. This helps reduce emotional reactions to individual losses or gains, such as revenge trading, doubling up on position sizing, or even smashing your new iPhone against the wall (been there, LOL). For example, if you know that your strategy wins 60% of the time, you won't be devastated by a single loss. You'll see it as part of the statistical outcome. Encourages Rational Decision-Making: Knowing your strategy has an actual edge helps you stick to your plan, even during losing streaks, and avoid impulsive decisions. To know your edge, you need to do plenty of backtesting and forward testing so you can gain confidence in the system. For instance, if you experience a string of losses, understanding that this is normal and statistically probable helps you remain disciplined and not deviate from your strategy. Builds Confidence in Your System : Confidence comes from knowing your strategy is backtested and has a proven edge over a large number of trades. This knowledge helps you stay disciplined and focused on executing your plan. For example, if your backtesting shows a positive expectancy over 1,000 trades, you can trust your system even when short-term results are unfavorable. Things That Have Helped Me Over the Years to Deal With the Uncertainty of Trading Finding or Developing a System/Strategy That Suits You : As humans, we are all different, and this is especially true in trading. Some people are happy to be in and out of the market fast (scalpers) and have the ability to make big decisions quickly under pressure. Others are slower thinkers and like to make decisions carefully, staying in the market for a longer period of time (swing traders). You need to find what you're best at and stick to it. If you have a busy life with work and family, maybe swing trading suits you. If you’re younger and not as busy, then perhaps scalping is your style. Playing Strategy Games and Games of Chance : This may not be something you've heard before, but I've met many traders, including myself, who have found that games like poker can really help your trading by teaching you to think in probabilities. Another game I love to play is chess, as it encourages you to think ahead, and I’ve found it has helped me in my trading over the years. Practicing Visualization : If you've ever read anything on the subconscious mind, you know it’s responsible for 95% of all your automatic behaviors, especially in trading. The subconscious doesn’t distinguish between what is real and what is imagined. This is why visualization is such a powerful tool to help you embrace market uncertainty. By visualizing yourself placing trades confidently, managing risks well, and handling outcomes calmly, you prepare your mind for real trading scenarios. This mental practice reinforces your belief in your system and prepares you for the market's ups and downs. Books That Helped Me Think in Probabilities Reading has been an invaluable part of my journey to understanding probabilities. Here are some books that have profoundly impacted my trading mindset: "Thinking, Fast and Slow" by Daniel Kahneman This book helped me understand how cognitive biases affect decision-making and how to overcome them by thinking more strategically. "Fooled by Randomness" by Nassim Nicholas Taleb Taleb's insights into the role of chance and randomness in our lives and the markets were eye-opening and changed how I view risk and probability. "Beat the Dealer" by Edward O. Thorp Although this book is about blackjack, Thorp’s exploration of probability and statistics offers valuable lessons for trading. "The Theory of Poker" by David Sklansky Sklansky breaks down the mathematics of poker, showing how to make decisions based on probability, a skill directly applicable to trading. "The Intelligent Investor" by Benjamin Graham This classic on value investing emphasizes the importance of long-term thinking and understanding market probabilities. "A Man for All Markets" by Edward O. Thorp This autobiography offers a fascinating look at how Thorp applied probability theory to beat the casino and the stock market. "Sapiens: A Brief History of Humankind" by Yuval Noah Harari Harari’s book provides context on human behavior and decision-making, offering insights into the psychological elements of trading. "The Signal and the Noise" by Nate Silver Silver’s exploration of how we can better understand predictions and probabilities is highly relevant to making informed trading decisions. "Superforecasting: The Art and Science of Prediction" by Philip E. Tetlock and Dan M. Gardner This book teaches how to improve forecasting skills through careful analysis and thinking in probabilities. Thinking in probabilities was a game-changer for me. It shifted my focus from trying to predict every market move to playing the long game. By embracing this mindset, I turned fear into confidence and uncertainty into strategy. Remember, trading isn’t about guessing the market. It’s about responding with a clear, composed mind. Trust your strategy, know your edge, and let the probabilities work in your favor. This approach transformed my trading journey, and it can do the same for you. Happy trading! Editors' picksEducationby TheFxAce1010152
CHFJPY Will Go Down! Short! Take a look at our analysis for CHFJPY. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 170.790. Considering the today's price action, probabilities will be high to see a movement to 169.630. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProviderUpdated 111
CHFJPYThis Weekly FORECAST Opportunity for CHFJPY. This setup trading idea is for intraday. >> TAYOR Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.Shortby TREND-TITAN2
CHF-JPY Will Keep Falling! Sell! Hello,Traders! CHF-JPY is going down And the pair broke the Rising support line so We are bearish biased And a further bearish Continuation is to Be expected Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!Shortby TopTradingSignals112
CHF/JPY LONG FROM SUPPORT Hello, Friends! CHF/JPY pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 1D timeframe the pair is going down. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 175.610 area. ✅LIKE AND COMMENT MY IDEAS✅Longby EliteTradingSignalsUpdated 116
CHFJPY-Bullish-trendchfjpy is in a bullidh trend as bullish divergence formed in h4 time frame look for buy if price break it hlLongby FazalSiyal0
CHF_JPY BEARISH BREAKOUT|SHORT| ✅CHF_JPY broke the rising Support and the breakout Is confirmed so we are Bearish biased and we Will be expecting a Further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅Shortby ProSignalsFx2
Lingrid | CHFJPY short from KEY RESISTANCE zoneFX:CHFJPY is currently in a significant bearish trend, fluctuating just above the psychological level of 170.000. I believe that if the price fails to break through the resistance at 173.000 and the upper border of the downward channel, there is high chance the price continue to moing downwards after taking liquidity above the previous day's high. I am anticipating that the price to pull back to the support level from the resistance zone, as it has respected this resistance in the past by rebounding from it. My goal is to support level at 169.580 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻Shortby Lingrid5510
CHF/JPY 1D SHORT - 200EMA targetDear All, This idea is based on few key indicators of the price overheat and early signs of reversal- 200daily EMA hasn't been in contact for a long long time, RSI overbought also the divergency as can be seen. I have estimated the profit to loss ratio at 1:5 lets see if I'm right, you're welcome to copy at your own risk as this idea is just an idea and I do not advise only share my thoughts! Also do not forget to risk only as much as you're able to loose otherwise it can hurt, hence s/l and close your position manage your finance wisely :) Shortby lb-countsUpdated 5
CHF/JPY SENDS CLEAR BULLISH SIGNALS|LONG Hello, Friends! Previous week’s red candle means that for us the CHF/JPY pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 176.998. ✅LIKE AND COMMENT MY IDEAS✅Longby EliteTradingSignalsUpdated 115
CHFJPY: Bearish Forecast & Outlook The price of CHFJPY will most likely collapse soon enough, due to the supply beginning to exceed demand which we can see by looking at the chart of the pair. ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals111
CHF/JPY For Bearish after retested Previous Pull-back levelyou can go short now - General Trend is Down Trend - Price retest previous pull-back level at red arrow have fun :)Shortby maxbayne1
possible short position at resistancemarket coming down into the range for possible selling opportunityShortby UFXD111
#CHFJPY elliot wave analysisAs can be seen, it looks like we are dealing with an ABC bullish corrective wave pattern, currently in wave 4 of wave C. There is a possibility of another short-term bullish move to complete wave C. From there, we could look for selling opportunities in the direction of the higher timeframe trend. Let me know if you would like me to publish an analysis in a lower timeframe on this chart to take advantage of this rally. by mohemati221