Eur / Swiss - Flight to safety - Sell

19 Jun 2018

This is one of my longterm portfolio trades, I've been a Bull since August last year and sold my position and reversed into a Bear in May, we're now back into the range box and after a pullback up to 1.55 (unless we get further Swiss strength and fall now), I'm expecting a move down to 1.13,, it may at some point pullback to the centre line, but with the current Euro fundamentals, continued QE and no plan on increased interest rates, I doubt it... like the Euro / USD, we're going lower.

19 Jun 2018

Nota

Will carry on lower

19 Jun 2018

Nota

That was the wrong trade, this pair will carry on lower

3 Jul 2018

Nota

I'm now back from holiday (not for too long) and I'm still active in this trade. We're moving sideways if the trade continues higher to 1.16410 I may consider adding another position if the trade looks good.

19 Jul 2018

Nota

Lovely bounce off the channel centre line, the pair is now under pressure to break lower and therefore the target of 1.145 is active again.

19 Jul 2018

Nota

This is the pullback zone to sell from, depending on your trading style, you can set-up a sell order here or an alert to then wait for a signal to enter the trade on a lower time frame.

19 Jul 2018

Nota

We're either breaking up or down now, if we break up, wait for the zone above to sell it back down.

19 Jul 2018

Nota

Broke the 15m trend line, stay patient and sell up at the highs

19 Jul 2018

Nota

Lovely for those in the trade, the move to the upside failed.

20 Jul 2018

Nota

The pair did exactly what we wanted and hit the green sell box and everyone sold

26 Jul 2018

Nota

Still in this trade since middle of May, there was a lovely pullback which I added to the trade and it pulled back further than expected for a while, but patience pays and we're now moving to the downside. Target is solid @1.14515