Bearish MODE... Only Short Trades!

PURPOSE:
The purpose of this thread is for traders to give their opinions regarding selling opportunities. Only SHORT trades regardless of the trend.
Any strategy or reason is accepted. Feel free to express yourself, post your charts, analysis, etc

REASON:
Short trades are generally driven by fear and sense of urgency. Often Bearish PA moves faster compared to Bullish IMO.

RULES:
1. Only discuss selling opportunities (ANY PAIR)
2. Any opinion is accepted
3. Respect others' opinion as everyone has a different POV

USDCHF might continue to go down as support is broken

https://charts.mql5.com/6/482/usdchf...-markets-2.png

This applies to other financial instruments, but not to currency pairs .... you are simultaneously buying one currency and selling another .... in the above example you are looking to buy Swiss Francs, ie bullish CHF.

While I agree with this, it really doesn't matter, as the thread starter wants bearish posts. So, why not respect that, instead of arguing whether or not the reason for the thread is valid?

Some traders have a bull mentality, others bear, others both, but most probably don't even realize what their leaning is. Good to know what your leaning is, and trade with what you are comfortable with. There will always be bearish opportunities somewhere in Forex.

Mikajap - As you probably know, I started a Bear and Bull thread, so I've been through all the arguments. Be prepared to block posters if they don't respect your rules. Safe trading!

i agree. but sometimes, sellers drive the market faster. I myself prefer to scalp short trades.

there is a bull and bear thread on USDJPY by mr benaiah, this is a good thread for other pairs.

SELL CADJPY 102.94 below for 100 -200 pips

jpy looking stronger