USD/CHF has slipped strongly as investors have shrugged-off uncertainty associated with the Fed interest rate outlook. Investors have shrugged-off uncertainty associated with the hawkish interest rate outlook from Fed policymakers. SNB Maechler commented that further hikes in interest rates cannot be ruled out. The USD/CHF pair has witnessed an intense sell-off,...
USD/CHF has slipped strongly as investors have shrugged-off uncertainty associated with the Fed interest rate outlook. Investors have shrugged-off uncertainty associated with the hawkish interest rate outlook from Fed policymakers. SNB Maechler commented that further hikes in interest rates cannot be ruled out. The USD/CHF pair has witnessed an intense sell-off,...
Looking to short from that blue zone. Want to see a rejection candle from the daily then play a limit entry with stop above blue zone. If we break through that zone then no trade.
And then rise to 0.19 in February or March and up to 0.23 in Q3 2020
Not that strong about 40 to 50% negative correlation
Will it bounce? If so would TRYJPY make a good long term long carry trade?
Will Turkey improve its foreign currency liabilities and make TRY go up?
With oil prices continuing to remain low and Turkey economic diversifitcation becoming successful, TRYGBP shows promising upside
Entry taken prior to triggering event. Proof is available - upon request - of me spotting this trade at the illustrated position entry price. Trading Methodology: 1. An asymmetric bullish/bearish pennant is drawn using ascending and descending curved trend lines with a minimum of three price action touche points per line. The direction is determined by the...
The strategy is to follow the trend continuation and enter a long position in the 0.618 fibonaci retracement.
TRYCHF-Trade at the S/R Levels and Zones Watch out when price closes a day candle above the 50 days MA. once it does, buy trade towards the resist levels and zones
TRYTCHF-Buy at Support Wave Levels Price is moving lower towards support levels, but as it has dropped much over the years, expect power of rebound whenever it reached every support level, so buy at supports and take profit at resist.