Possible trend shift in CHFJPY – going longThe Tidal Shift Strategy has just bought CHFJPY at 107.826. The system recommends entering this trade at any price between 107.664 and 107.988. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at 1.188, which suggests that the CHFJPY could be trending upwards.The 14-period Average True Range on a daily chart is 0.129, so the stop loss has been set at 107.179. 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: 67773
Time Issued: Monday, 26 August 2019 01:00:03 GMT
Status: open
Entry: 107.664 - 107.988
Limit: N/A
Stop Loss: 107.179
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here.
Past Performance is not an indicator of future results.
Chf-jpy
"CHFJPY" potential down move in the short term by ThinkingAntsOk4H Chart Explanation:
- Price bounced on an important Resistance Zone and, then, broke the Ascending Channel.
- It is currently on a Corrective Structure to continue the down move.
- If price breaks it at 108,18, it has potential to move down towards the Support Zone at 106,45.
Out Weekly and Daily Analysis support this short idea. Take a look!
Weekly Vision:
Daily Vision:
Updates coming soon!
Extreme trader sentiment points to possible CHFJPY downtrend SEL
108.895 - 109.259 Add to Watch List
Signal ID: 67546
Time Issued: Thursday, 15 August 2019 07:00:16 GMT
Status: open
Entry: 108.895 - 109.259
Limit: N/A
Stop Loss: 109.804
The Trend Follower Strategy has just sold CHFJPY at 109.077. The system recommends entering this trade at any price between 108.895 and 109.259. The signal was issued because our Speculative Sentiment Index is extremely negative, with a value of 1.516. This suggests that the CHFJPY could be trending downwards.The 14-period Average True Range on a daily chart is 0.727, so the stop loss has been set at 109.804. 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.
Extreme trader sentiment points to possible CHFJPY downtrend
108.354 - 108.654 Add to Watch List
Signal ID: 67475
Time Issued: Tuesday, 13 August 2019 03:00:16 GMT
Status: open
Entry: 108.354 - 108.654
Limit: N/A
Stop Loss: 109.103
The Trend Follower Strategy has just sold CHFJPY at 108.504. The system recommends entering this trade at any price between 108.354 and 108.654. The signal was issued because our Speculative Sentiment Index is extremely negative, with a value of 1.791. This suggests that the CHFJPY could be trending downwards.The 14-period Average True Range on a daily chart is 0.599, so the stop loss has been set at 109.102. 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.
Extreme trader sentiment points to possible CHFJPY downtrendThe Trend Follower Strategy has just sold CHFJPY at 108.895. The system recommends entering this trade at any price between 108.746 and 109.044. The signal was issued because our Speculative Sentiment Index is extremely negative, with a value of 1.534. This suggests that the CHFJPY could be trending downwards.The 14-period Average True Range on a daily chart is 0.594, so the stop loss has been set at 109.489. 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: 67389
Time Issued: Wednesday, 07 August 2019 18:00:15 GMT
Status: open
Entry: 108.746 - 109.044
Limit: N/A
Stop Loss: 109.489
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here.
CHF/JPY - Wait for a retracement on the 1D chart*** DISCLAIMER ***
Any and all commentary, research, analyses, or other information published by me on this website are provided as general market commentary, and do not constitute investment advice nor a solicitation and there are no guarantees associated with them. I am not liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
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The price seems ready to make another move downside, yesterday the daily trendline has been broken wildly, so now to enter in this trade I will wait for a retracement and take a look on the 4h chart to perform a nice entry.
The target n°1 is the lowest price of the "trendline zone" and if the movement will break that level, I could expect that it can reaches the next support level.
"Short Top and Bottom Analysis: CHFJPY"4 Hour Chart Explanation:
- Price broke the Ascending Trendline.
- It is, currently on an Ascending Channel.
- Price bounced from the Resistance Zone.
- If price breaks the Ascending Channel at 108.73, it has potential to move down towards the Support Zone at 106.5.
Our Weekly and Daily Analysis support that Short Idea. Take a look!
Weekly Analysis:
Daily Analysis:
Possible trend shift in CHFJPY – going long BUY
109.885 - 110.125 Add to Watch List
Signal ID: 67051
Time Issued: Monday, 22 July 2019 13:00:16 GMT
Status: open
Entry: 109.885 - 110.125
Limit: N/A
Stop Loss: 109.526
The Tidal Shift Strategy has just bought CHFJPY at 110.005. The system recommends entering this trade at any price between 109.885 and 110.125. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at 1.081, which suggests that the CHFJPY could be trending upwards.The 14-period Average True Range on a daily chart is 0.096, so the stop loss has been set at 109.526. 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.
"Short Trade Idea" CHF/JPY by ThinkingAntsOk 1 Hour Chart Explanation:
- Price bounced on the Resistance Zone and, then, broke the Ascending Trendline.
- It is currently on a Bearish Corrective Structure.
- If price breaks it, it has potential to move down towards the Fibo Levels.
Also, our 4H Vision supports a Short View too!
Updates coming soon!
CHFJPY Short Trade *WEEKLY FIB & BEARISH TL*CHFJPY has reached the weekly bearish TL for a 3rd touch. This aligns with the 0.618 fib retracement level at around 110.310
The 1hr bullish TL has been broken and price has retested and rejected it from below to form a lower high.
I am targeting the daily fib level around 109.00 to give an R:R of more than 5:1