Objective Forex: Tuesday CHFJPY play

Tuesday, July 21, 2015

Tuesday CHFJPY play

We have a new play for today, the CHFJPY looks to have finally reversed. We hope our advice was followed on the stops for Mondays USDJPY and AUDCHFi plays. A tight stop on USDJPY would have netted you profits before the giant collapse. And a loose stop on AUDCHFi would have you in the profits right now.

We are discontinuing the USDJPY play for now (Although it could be a good buy at these levels) And continuing AUDCHFi, in addition to adding a CHFJPY play today.

LONG CHFJPY at 129

Check out the near perfect reversal here on the CHFJPY chart

No comments:

Post a Comment