Tag Archive for: CHF/JPY
Factor Update, September 7, 2019
/by Peter BrandtFactor Update, August 31, 2019
/by Peter BrandtFactor Update, August 22, 2019
/by Peter BrandtFactor Update, June 1, 2019
/by Peter BrandtSome Possible Forex Ideas
/by Peter BrandtHere are just a couple of sample Forex possibilities from the past weekend member report.
GBP/NOK
This forex cross continues to display a possible 28-month ascending triangle. I really like this pattern – but I do not like the volatility that Brexit is likely to create with any trade involving the British Pound. I am willing to go with an upside breakout of this pattern, but sized small (perhaps as small as 20,000 GPB/NOK per $200k of trading capital).
This cross is forming a possible rounding or complex H&S top. I am watching this cross carefully for a trading opportunity. This cross should be immune from the craziness of Brexit.
USD/JPY
I am displaying a chart of USD/JPY as a reference point for JPY because of my interest in CHF/JPY. If there is a pattern, I like less than a prolonged symmetrical triangle on a daily chart it is a prolonged symmetrical triangle on a weekly or monthly graph. Nevertheless, USD/JPY is coiling. Factor is flat – I have no trading interest in the Yen.
Factor Membership
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Peter Brandt is a 40+ year veteran of trading. Through his Factor Service, members receive:
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View your Factor Member options here. You could consider your membership in the Factor Service as just one more trade. If the Factor Service is not of value to you, well, it is just one more trade that did not work.
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