CHF/JPY and AUD/USD Today | Forex Factory

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CHF/JPY and AUD/USD Today

  • #1
  • First Post: Sep 3, 2015 1:23am Sep 3, 2015 1:23am
hello folks,
i am thinking of going long with these two pairs
they show oversold in a clear waves and have started to create a reversal button.
i will try to add some indicators to catch 100 pips move,
what do you think, guys?
  • #2
  • Sep 3, 2015 1:35am Sep 3, 2015 1:35am
Askin other people opinion is a really bad idea... It shows that you do not trust your tradign system and it will just create even more confusion for you ....

for AUD/USD,
You might get a 25-50 pips move up imo as it is at the 0.70 round number but I wouldnt play on the long side with this pair: AUD data has been quite bad this week and commodity prices in downtrend with no strong sign of reversal + USD is long-term in bullish mode...
So you are trying to outsmart the market by going Long this pair and wouldnt recommand you this trade idea...

CHF/JPY,
I wouldnt even think of touching this pair are the two central banks are heavily intervening in the market... for me its just 50/50 on this pair and could go eithe way
  • #3
  • Sep 3, 2015 1:43am Sep 3, 2015 1:43am
Quoting ChanhXanh
.... for AUD/USD, You might get a 25-50 pips move up imo as it is at the 0.70 round number but I wouldnt play on the long side with this pair: AUD data has been quite bad this week and commodity prices in downtrend with no strong sign of reversal + USD is long-term in bullish mode... So you are trying to outsmart the market by going Long this pair and wouldnt recommand you this trade idea... CHF/JPY, I wouldnt even think of touching this pair are the two central banks are heavily intervening in the market... for me its just 50/50 on this pair and...
thank you so much for sharing us your opinion.
that's why the forum is created
  • #4
  • Sep 3, 2015 1:43am Sep 3, 2015 1:43am
Quoting ChanhXanh
Askin other people opinion is a really bad idea... It shows that you do not trust your tradign system and it will just create even more confusion for you .... for AUD/USD, You might get a 25-50 pips move up imo as it is at the 0.70 round number but I wouldnt play on the long side with this pair: AUD data has been quite bad this week and commodity prices in downtrend with no strong sign of reversal + USD is long-term in bullish mode... So you are trying to outsmart the market by going Long this pair and wouldnt recommand you this trade idea... CHF/JPY,...
agreed
  • #5
  • Sep 3, 2015 1:46am Sep 3, 2015 1:46am
guys,
i am trying to upload charts that will show you what i get
  • #6
  • Sep 3, 2015 1:49am Sep 3, 2015 1:49am
Quoting nubiz
{quote} agreed
nubiz,
you can see that we are on the Trading Discussion section.
  • #7
  • Sep 3, 2015 1:57am Sep 3, 2015 1:57am
being in this business since back 10 years ago... i've noticed that.. each of every single traders comes with different approached. comes with different background, knowledge and strategist... dont get me wrong.. i m not saying that you are wrong or right.. btw, keep it up!
  • #8
  • Sep 3, 2015 3:41am Sep 3, 2015 3:41am
bulls and bears are fighting..
i would only be with bulls hot keys aud/usd 0.7030 , chf/jpy 124.45
and i would love to take a risk of chf entering right now.
  • #9
  • Last Post: Sep 3, 2015 4:37am Sep 3, 2015 4:37am
I must say Im not trading for long, only 6-7 months now, you can say I am a slow trader but from what I understood and correct me if im wrong,
the big money is when taking good risks, by big risks I mean that you took a good gamble and you made good turnaround, I would suggest you
to go with your hunch and best of luck with it
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