Franc suisse / Yen japonais
Short
Mis à jour

The Big Short On CHFJPY

7281
Hey Traders,

As the price of CHFJPY rallies and rallies many traders have become curious about where it will go next.

This provides a classic trading lesson which cannot be ignored (much like we saw on USDJPY when it got slammed).

Make sure you do not go crazy and sell everything you have. Just scale in to the short side with DCA incase of further highs.

Watch, take notes and ask Qs.
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Minor early gains taken after the short fall earlier.

Re shorts now applicable
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Slight news influx today. Any rash fall will be followed by exits and re shorts.
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Exit again for gains. Looking to short as we fall.
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Exit shorts at current support
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Larger PB needed nearer 1.54+
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Exit again on re short gains.
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Several exits taken looking for larger fall.
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By now you should be out of shorts and in bundles of gains.

It is too late to enter now, you need a rise nearer 1538-9
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Re short now.
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Slammed down again for further gains.
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Exit ALL shorts.

larger repush higher required for RE entries in the market.
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again, larger re push needed for re shorts.
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Re shorting highs.
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Straight out for gains again.
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Re shorts circa 1539
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Re short now
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Re adding to shorts spread out on new highs. Do not overleverage and do not bunch. Your job is now to create a varied high price anticipating a fall.
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Looking for larger falls into this week. Hedging initiated if price raises viciously high. DCA positions spread into new highs.
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If you intend to take this trade going into next week..

Remember you are not selling your house to take a short position.

No trade is a 100% Instant fall to where you want. Sometimes it involves plans and work.

No matter how great a trade looks, it can always go further against you.

That being said our bias remains short and we will work with the trade in our broker accounts as the market rises further.

Keep size small.
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out of any newer shorts Looking to re short higher again on RE push as forming now.
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Price teetering due to lack of sentiment.

That is when you decide... IN or out?
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Re short again.
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Boom. Out for gains on open time.
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Re shorts coming again on pushes up to resistance (check lower TFS)
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out of shorts. Any further shorts at RE hit highs.
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Exit any shorts held.

Looking for sharp re pushes to trade new forming downtrend.
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Hold off any hedge longs also, drop needs to be far further to comfortable support.
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CHFJPY getting wasted again and hopefully you are out for gains.

Remember you must Anticipate moves before they happen. Things just cannot rise and rise forever. They have to come back.

Stay posted for more.
Note
Smashed further and further.

Harsh re pushes available for shorts,

Today can change FAST. Be around at all times.
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Re short nearer 154.3
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CHFJPY slammed even further. Any longs must be LIGHT.

Keep an eye on news as we get closer.
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Circa 154 shorts.
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Exit any shorts again for gains. (7 or 8X in a row)
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Exit any further shorts, very very minor longs becoming appropriate
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Exit any minor longs on the bounce looking to re short 154 450
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Light Shorts.
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Maintaining shorts as we go into this next week.
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RE short
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massive fall. Exit for gains and spend wisely this weekend :)
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Make sure all shorts are removed. New ones only appropriate on larger rises.
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Exit it all re shorts taken. Longs are for scalpers and extremely light sizes.
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Re shorting 155
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Make sure any shorts are not overleveraged.

Remember, price can, and will always go higher than you expect it to.

Just make sure that you can sustain vast rises.
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That’s where max size rules, hedging and DCA comes in (you should already have banked dca / hedge gains) to keep your equity in a safe level
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New video to come, but remember:

Space out positions.

DROP YOUR SIZE.
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And also consider using the profits already made to reduce your exposure
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So Monday market open comes soon.

Spend today organising yourself so that you are fully prepared for any further moves up. NEVER overleverage.
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exit any RE shorts taken for gains.
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Exit DCA shorts and await Hedge longs lower.
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Re shorts appropriate
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Further Re shorts now.
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Exit DCA Shorts, look at light hedge long entries.
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Exit light hedge longs a RE short DCA.
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Hedge Longs RE exited for gains looking for further DCA entries.
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Exit for gains on DCA entries and look to RE hedge long.
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Exit any hedge longs AGAIN for gains.

Looking to DCA short now.
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Shorts only appropriate higher up on impulse. do not desperately enter late, it can be hairy
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New high and price rejection (likely MM stop)

Holding new shorts
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So with todays sideways movement you should have,

1. Accumulated various hedge gains to offset losses.

2. Re shorted for extra gains (DCA)
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Exit for further short gains.
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RE shorting into new week.
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Liquidate any prev shorts.
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DCA short again.
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Exit DCA shorts ^ Looking for minor scalp longs.
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DCA short again. 1662
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Exit shorts for gains, hedging long.
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Further hedge longs at 1638
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Exit any longs, flip short slightly higher for further DCA gains.
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Exit shorts for gains, take light longs.
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Re shorts available again higher.
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Exit shorts for gains.
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Looking to hedge long and control risk.
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Adding shorts on re pushes into next week should they occur.
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Using dithering for hedges in conjunction^
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Many hedge gains taken, reshorts available.
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Re shorts now.
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Maintaining short bias.
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RE shorts.
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Maintaining re short bias pre us news
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Still maintaining light entry bias.
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Exit shorts again for further gains.

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