Today im want to share my trading setup for pair usdchf .. structure pair usdchf still uptrend 4 major trend
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- #4,703
- Aug 12, 2018 12:36am Aug 12, 2018 12:36am
{quote} yes you are right. I am watching the JPY futures, and it looks like it wants to break upwards. last week, the move in EJ was primarily triggered by DXY strength, and i think going forward, it will be a combination of JPY and DXY (tho I dont trust this one too much) looking at it technically, we can see on this weekly chart that long term trend line is pretty far south... and unlike the week of 5/28 when we had a pinbar/bullish rejection close, this last week, it closed pretty close to the low, which implies that theres more juice in this...
I am into the longer term trading style as well, but i closed these trades due to the vulnerability over the weekend, especially because of the EURO -crisis-.
My opinion is we could see a significant bounce at the low 125.xx / high 124.xx area and retest the 126.xx area.
But again, all speculative and very much driven by macro economics
I will post my trades here
I love your analyses,
I am into the longer term trading style as well, but i closed these trades due to the vulnerability over the weekend, especially because of the EURO -crisis-.
I think we could see a bounce
- #4,704
- Aug 13, 2018 7:47am Aug 13, 2018 7:47am
- | Commercial User | Joined Feb 2014 | 10,143 Posts
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- #4,705
- Aug 14, 2018 5:41am Aug 14, 2018 5:41am
- | Commercial User | Joined Feb 2014 | 10,143 Posts
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- #4,706
- Aug 20, 2018 1:51am Aug 20, 2018 1:51am
- Joined Dec 2011 | Status: Postmaster | 11,928 Posts
POSTMASTER
- #4,710
- Aug 23, 2018 10:16am Aug 23, 2018 10:16am
- | Commercial User | Joined Feb 2014 | 10,143 Posts
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- #4,713
- Aug 26, 2018 4:42am Aug 26, 2018 4:42am
LOL no traders here? EURJPY is a wild ride but i found my pairi am waiting to catapult stone 125 area first.
shorted.
- #4,716
- Aug 27, 2018 10:38am Aug 27, 2018 10:38am
- | Commercial User | Joined Feb 2014 | 10,143 Posts
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- #4,717
- Edited 3:19am Aug 28, 2018 3:04am | Edited 3:19am
- | Joined May 2018 | Status: Trader | 61 Posts
In a big view H4 (for 1 week maybe) my pivots points say that a down correction is coming but at this moment not enough for downtrend. Let see if the correction is enough powefull for a change of trend, at this moment the trend is still long. maybe will reach the 130 level after go the support zone around the 127 level (at this point we need the confirmation of a down trend or maybe just a big down correction).
Summary:
RSI-TC - Waiting for the confirmation of the downtrend.
Avramis - Still long but down corrections.
Pivot points - A big down correction is coming.
In short view M15 (today and tomorrow) my pivots points say that it will come corrections for both side keeping a small long, btw a reversal is very possible at the end. maybe will play with 130 level before see a reversal.
Summary:
RSI-TC - Corrections for both sides.
Avramis - Neutral trend or maybe the beginning of the reversal
Pivot points - Corrections for bothsides but keeping an small uptrend.
Summary:
RSI-TC - Waiting for the confirmation of the downtrend.
Avramis - Still long but down corrections.
Pivot points - A big down correction is coming.
In short view M15 (today and tomorrow) my pivots points say that it will come corrections for both side keeping a small long, btw a reversal is very possible at the end. maybe will play with 130 level before see a reversal.
Summary:
RSI-TC - Corrections for both sides.
Avramis - Neutral trend or maybe the beginning of the reversal
Pivot points - Corrections for bothsides but keeping an small uptrend.
