CHF/JPY (Avoid The Panic) Key Technical Analysis

16 Kas 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.

16 Kas 2023

Not

Maintaining short bias.

16 Kas 2023

Not

Exit new shorts look to hedge long.

17 Kas 2023

Not

light longs applicable.

19 Kas 2023

Not

Same bias as UJ for impulse bounce.

20 Kas 2023

Not

New entries further still light and still lower.

21 Kas 2023

Not

Light W support giving way for light longs.

21 Kas 2023

Not

Holding bias.

22 Kas 2023

Not

Out of longs for gains.

23 Kas 2023

Not

Further scalp longs entered.

24 Kas 2023

Not

Exit longs for gains. Looking short.

26 Kas 2023

Not

Make sure you use gains taken to remove any DD nearby

27 Kas 2023

Not

Exit shorts for gains. Teeny, tiny longs.

30 Kas 2023

Not

Exit for gains.

2 Ara 2023

Not

Further hedge opportunities.

7 Ara 2023

Not

Entering long.