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Chf-jpy

WINNER WINNER CHICKEN DINNERIf you can find a level as strongly respected as this 1 you are onto winner winner chicken dinner. Purple arrows point out to you where price has respected this level on numerous occasions, previously it has respected this level as resistance, We can see price broke this resistance and shot up, Now we can only see upside movement with this pair but price might come back down and retest this level as support before pushing higher, or price might just push higher... Either way we are in this trade and will be laughing all the way to the yacht dealership :p So people say simple doesn't work in forex?? BULL#='T ( I will let you fill in the blanks ) Simple DOES work, infact simple is BETTER!!! The reason these so called FOREX GURUS make there charts look complicated and use fancy words is to make you think you cant learn it because it looks too hard I grew up on a rough council estate in England UK and didn't get any grades from school... now I'm earning 10x more than the teachers that said I would fail and end up in prison... work that 1 out!? So if I can master forex without 500 chart indicators and fancy words... Then so can you.
Long
by ForeverForex3
CHFJPY approaching support, potential bounce! CHFJPY is approaching our first support 110.43 (Horizontal overlap support, 23.6% fiboancci retracement, 100% fibonacci extension) and a strong bounce might occur pushing price up to our major resistance at 110.76 (76.4% Fibonacci retracement). Stochastic (21, 5, 3) is also approaching support and we might see a corresponding rise in price should it bounce off this level. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Long
by Tickmill
CHF JPY WILL BREAK RESISTANCEWe can see from our support and resistance zones that price has been respecting these levels for a while and price is once again currently in our resistance zone , but this time we can see price breaking this resistance and moving higher to the upside because of recent bullish candles coming into this zone. If we take a look at the monthly chart you can see plenty of buying power due to last months candle having a really long lower shadow, this indicates that sellers weren't strong enough to push price lower and buyers took over, this is the reason combined with this months bullish candle we can see price breaking resistance level on the 4H chart. So we will be setting some orders around this level to catch it if price breaks, price might have a short pullback before breaking ( this is the reason for setting orders instead of buying at current market price ) Entry, SL and TP are reserved for our clients, if you would like to join our team then message us.
Long
by Apex_Gregg
CHFJPY approaching resistance, potential drop! CHFJPY is approaching our first resistance at 110.34 (horizontal swing high resistance, 61.8%, 100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 109.77 (61.8% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where 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.
Short
by easyMarkets
CHFJPY approaching support, potential bounce! CHFJPY is approaching our first support at 109.34 (Horizontal swing low support, 76.4% Fibonacci retracement, 100% Fibonacci extension) and a strong bounce might occur above this level pushing price up to our major resistance at 109.73 (Horizontal overlap resistance, 38.2% Fibonacci retracement). Stochastic (34,5,3) is also approaching support and we might see a corresponding bounce in price should it bounce off this level. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Long
by Tickmill
Extreme trader sentiment points to possible CHFJPY downtrend The Trend Follower Strategy has just sold CHFJPY at 110.007. The system recommends entering this trade at any price between 109.882 and 110.133. The signal was issued because our Speculative Sentiment Index is extremely negative, with a value of 1.506. This suggests that the CHFJPY could be trending downwards.The 14-period Average True Range on a daily chart is 0.502, so the stop loss has been set at 110.509. 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: 61576 Time Issued: Sunday, 03 February 2019 22:01:16 GMT Status: open Entry: 109.882 - 110.133 Limit: N/A Stop Loss: 110.509 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.
Short
by FXCM
Extreme trader sentiment points to possible CHFJPY downtrendThe Trend Follower Strategy has just sold CHFJPY at 110.007. The system recommends entering this trade at any price between 109.882 and 110.133. The signal was issued because our Speculative Sentiment Index is extremely negative, with a value of 1.506. This suggests that the CHFJPY could be trending downwards.The 14-period Average True Range on a daily chart is 0.502, so the stop loss has been set at 110.509. 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: 61576 Time Issued: Sunday, 03 February 2019 22:01:16 GMT Status: open Entry: 109.882 - 110.133 Limit: N/A Stop Loss: 110.509 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.
Short
by FXCM
Extreme trader sentiment points to possible CHFJPY downtrendThe Trend Follower Strategy has just sold CHFJPY at 110.14. The system recommends entering this trade at any price between 110.011 and 110.269. The signal was issued because our Speculative Sentiment Index is extremely negative, with a value of 1.525. This suggests that the CHFJPY could be trending downwards.The 14-period Average True Range on a daily chart is 0.515, so the stop loss has been set at 110.655. 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: 61444 Time Issued: Monday, 28 January 2019 06:00:15 GMT Status: open Entry: 110.011 - 110.269 Limit: N/A Stop Loss: 110.655 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.
Short
by FXCM
Extreme trader sentiment points to possible CHFJPY downtrendThe Trend Follower Strategy has just sold CHFJPY at 110.14. The system recommends entering this trade at any price between 110.011 and 110.269. The signal was issued because our Speculative Sentiment Index is extremely negative, with a value of 1.525. This suggests that the CHFJPY could be trending downwards.The 14-period Average True Range on a daily chart is 0.515, so the stop loss has been set at 110.655. 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: 61444 Time Issued: Monday, 28 January 2019 06:00:15 GMT Status: open Entry: 110.011 - 110.269 Limit: N/A Stop Loss: 110.655 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.
Short
by FXCM
CHFJPY approaching resistance, potential drop! CHFJPY is approaching our first resistance at 110.37 (horizontal swing high resistance, 50% Fibonacci retracement, 100% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 109.82 (Horizontal overlap support, 61.8% Fibonacci retracement). Stochastic (34,5,3) 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
Short
by Tickmill
CHFJPY testing resistance, potential drop!CHFJPY is testing our first resistance at 110.02 (Horizontal pullback resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur pushing price down to our major support at 109.77 (Horizontal pullback support, 50% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (55,5,3) is also approaching resistance where 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.
Short
by Tickmill