CHF/JPY (Avoid The Panic) Key Technical Analysis

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.

Comment:

Maintaining short bias.

Comment:

Exit new shorts look to hedge long.

Comment:

light longs applicable.

Comment:

Same bias as UJ for impulse bounce.

Comment:

New entries further still light and still lower.

Comment:

Light W support giving way for light longs.

Comment:

Holding bias.

Comment:

Out of longs for gains.

Comment:

Further scalp longs entered.

Comment:

Exit longs for gains. Looking short.

Comment:

Make sure you use gains taken to remove any DD nearby

Comment:

Exit shorts for gains. Teeny, tiny longs.

Comment:

Exit for gains.

Comment:

Further hedge opportunities.

Comment:

Entering long.