When/Where Will The CHFJPY Fall? Pre Market Open Analysis

Hey Traders,

The biggest part of trading is not always simply picking trades. Behind the scenes, it's really a lot more than that. If it were not.. It'd be easy.

Trading large swings in prices involves real risk management rules, so here's a few to note and learn from. Make sure you never overleverage trading anything and you start to tighten up risk when markets swing far.

And most of all, remember that they always will at some point in time. Do not be subject to famous last words when you Long/Short too many contracts and you are in trouble.

Watch and learn.

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Looking to continue to lightly scale in short and add where necessary. Stick to a max size.

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Keep note of market sentiment across the wires. Make sure you isolate your risk / drawdown for CHFJPY only
From all other assets in your portfolio… or things can get hairy. Fast.

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Market stalling for sideways day trading. Take advantage of this short side but as mentioned do not go crazy on your size :)

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You should've taken gains on the fall as per Prev comment ^. Bank them and do not spend, use for loss mitigation.

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Re shorting only on push above local previous highs.

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Re shorts appropriate

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Remember you can use trailing stops. Set above prev lower TF high.

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continue trail as market falls.