The Big Short On CHFJPY
Hey Traders,
As the price of CHFJPY rallies and rallies many traders have become curious about where it will go next.
This provides a classic trading lesson which cannot be ignored (much like we saw on USDJPY when it got slammed).
Make sure you do not go crazy and sell everything you have. Just scale in to the short side with DCA incase of further highs.
Watch, take notes and ask Qs.
As the price of CHFJPY rallies and rallies many traders have become curious about where it will go next.
This provides a classic trading lesson which cannot be ignored (much like we saw on USDJPY when it got slammed).
Make sure you do not go crazy and sell everything you have. Just scale in to the short side with DCA incase of further highs.
Watch, take notes and ask Qs.
Uwaga
Minor early gains taken after the short fall earlier.Re shorts now applicable
Uwaga
Slight news influx today. Any rash fall will be followed by exits and re shorts.Uwaga
Exit again for gains. Looking to short as we fall.Uwaga
Exit shorts at current supportUwaga
Larger PB needed nearer 1.54+Uwaga
Exit again on re short gains.Uwaga
Several exits taken looking for larger fall.Uwaga
By now you should be out of shorts and in bundles of gains.It is too late to enter now, you need a rise nearer 1538-9
Uwaga
Re short now.Uwaga
Slammed down again for further gains.Uwaga
Exit ALL shorts. larger repush higher required for RE entries in the market.
Uwaga
again, larger re push needed for re shorts.Uwaga
Re shorting highs.Uwaga
Straight out for gains again.Uwaga
Re shorts circa 1539Uwaga
Re short nowUwaga
Re adding to shorts spread out on new highs. Do not overleverage and do not bunch. Your job is now to create a varied high price anticipating a fall.Uwaga
Looking for larger falls into this week. Hedging initiated if price raises viciously high. DCA positions spread into new highs.Uwaga
If you intend to take this trade going into next week.. Remember you are not selling your house to take a short position.
No trade is a 100% Instant fall to where you want. Sometimes it involves plans and work.
No matter how great a trade looks, it can always go further against you.
That being said our bias remains short and we will work with the trade in our broker accounts as the market rises further.
Keep size small.
Uwaga
out of any newer shorts Looking to re short higher again on RE push as forming now.Uwaga
Price teetering due to lack of sentiment.That is when you decide... IN or out?
Uwaga
Re short again.Uwaga
Boom. Out for gains on open time.Uwaga
Re shorts coming again on pushes up to resistance (check lower TFS)Uwaga
out of shorts. Any further shorts at RE hit highs.Uwaga
Exit any shorts held.Looking for sharp re pushes to trade new forming downtrend.
Uwaga
Hold off any hedge longs also, drop needs to be far further to comfortable support.Uwaga
CHFJPY getting wasted again and hopefully you are out for gains.Remember you must Anticipate moves before they happen. Things just cannot rise and rise forever. They have to come back.
Stay posted for more.
Uwaga
Smashed further and further.Harsh re pushes available for shorts,
Today can change FAST. Be around at all times.
Uwaga
Re short nearer 154.3Uwaga
CHFJPY slammed even further. Any longs must be LIGHT. Keep an eye on news as we get closer.
Uwaga
Circa 154 shorts.Uwaga
Exit any shorts again for gains. (7 or 8X in a row)Uwaga
Exit any further shorts, very very minor longs becoming appropriateUwaga
Exit any minor longs on the bounce looking to re short 154 450Uwaga
Light Shorts.Uwaga
Maintaining shorts as we go into this next week.Uwaga
RE shortUwaga
massive fall. Exit for gains and spend wisely this weekend :)Uwaga
Make sure all shorts are removed. New ones only appropriate on larger rises.Uwaga
Exit it all re shorts taken. Longs are for scalpers and extremely light sizes.Uwaga
Re shorting 155Uwaga
Make sure any shorts are not overleveraged. Remember, price can, and will always go higher than you expect it to.
Just make sure that you can sustain vast rises.
Uwaga
That’s where max size rules, hedging and DCA comes in (you should already have banked dca / hedge gains) to keep your equity in a safe levelUwaga
New video to come, but remember:Space out positions.
DROP YOUR SIZE.
Uwaga
And also consider using the profits already made to reduce your exposureUwaga
So Monday market open comes soon.Spend today organising yourself so that you are fully prepared for any further moves up. NEVER overleverage.
Uwaga
exit any RE shorts taken for gains.Uwaga
Exit DCA shorts and await Hedge longs lower.Uwaga
Re shorts appropriateUwaga
Further Re shorts now.Uwaga
Exit DCA Shorts, look at light hedge long entries.Uwaga
Exit light hedge longs a RE short DCA.Uwaga
Hedge Longs RE exited for gains looking for further DCA entries.Uwaga
Exit for gains on DCA entries and look to RE hedge long.Uwaga
Exit any hedge longs AGAIN for gains.Looking to DCA short now.
Uwaga
Shorts only appropriate higher up on impulse. do not desperately enter late, it can be hairyUwaga
New high and price rejection (likely MM stop)Holding new shorts
Uwaga
So with todays sideways movement you should have,1. Accumulated various hedge gains to offset losses.
2. Re shorted for extra gains (DCA)
Uwaga
Exit for further short gains.Uwaga
RE shorting into new week.Uwaga
Liquidate any prev shorts.Uwaga
DCA short again.Uwaga
Exit DCA shorts ^ Looking for minor scalp longs.Uwaga
DCA short again. 1662Uwaga
Exit shorts for gains, hedging long.Uwaga
Further hedge longs at 1638Uwaga
Exit any longs, flip short slightly higher for further DCA gains.Uwaga
Exit shorts for gains, take light longs.Uwaga
Re shorts available again higher.Uwaga
Exit shorts for gains.Uwaga
Looking to hedge long and control risk.Uwaga
Adding shorts on re pushes into next week should they occur.Uwaga
Using dithering for hedges in conjunction^Uwaga
Many hedge gains taken, reshorts available.Uwaga
Re shorts now.Uwaga
Maintaining short bias.Uwaga
RE shorts.Uwaga
Maintaining re short bias pre us newsUwaga
Still maintaining light entry bias.Uwaga
Exit shorts again for further gains.
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Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.