CHF/JPY (Avoid The Panic) Key Technical Analysis

Nov 16, 2023

Hey Traders,

The mixture of the Swiss Franc (CHF) gaining FX value and the JPY (Japanese Yen) losing it accordingly, There has been an enormous surge in price that is continuing, albeit it with some periods of pullback but no real weakness.

Jitters in Markets have come lately via speech from the BOJ and what they want to do with it. But in any case, you can use Market history to make better decisions and improve risk management/entry/exits.

It's also possible to stay cool when this happens and not overleverage or get emotionally involved.

Always remember, it is your job to get an average great price (value). You cannot, and will not, pick an immediate fall every time. Space out entries, keep them small and attain value.

Watch for more.

Nov 16, 2023

Note

Maintaining short bias.

Nov 16, 2023

Note

Exit new shorts look to hedge long.

Nov 17, 2023

Note

light longs applicable.

Nov 19, 2023

Note

Same bias as UJ for impulse bounce.

Nov 20, 2023

Note

New entries further still light and still lower.

Nov 21, 2023

Note

Light W support giving way for light longs.

Nov 21, 2023

Note

Holding bias.

Nov 22, 2023

Note

Out of longs for gains.

Nov 23, 2023

Note

Further scalp longs entered.

Nov 24, 2023

Note

Exit longs for gains. Looking short.

Nov 26, 2023

Note

Make sure you use gains taken to remove any DD nearby

Nov 27, 2023

Note

Exit shorts for gains. Teeny, tiny longs.

Nov 30, 2023

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Exit for gains.

Dec 2, 2023

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Further hedge opportunities.

Dec 7, 2023

Note

Entering long.