Video

Playlist

Show less
46:10
FX Options webinar: Touch Options
Dan Larsen
Yesterday at 9:54 GMT
1:58
Why I'm looking to sell GBPUSD: Coleman
Ian Coleman - First 4 Trading
Tuesday at 7:21 GMT
15:57
Macro Monday WK 38: FOMC and more — #SaxoStrats
James Kim@Saxo
Monday at 7:14 GMT
1:26
Buy gold on trend support: Lambert
Clive Lambert - FuturesTechs
Friday at 7:34 GMT
2:00
GBP jumps after Bank of England rate decision — #SaxoStrats
John J Hardy
14 September 2017 at 13:14 GMT
44:52
Options Lab webinar: How to create and analyse option trades
Georgio Stoev
14 September 2017 at 12:21 GMT
1:58
Why I'm looking to sell gold: O'Hare
Steve O'Hare - First 4 Trading
14 September 2017 at 7:27 GMT
1:45
Three scenarios for trading US-North Korea risk — #SaxoStrats
Kay Van-Petersen
13 September 2017 at 9:33 GMT
40:02
Equities Update webinar: New highs — #SaxoStrats
Peter Garnry
12 September 2017 at 15:33 GMT
Video / 27 July 2016 at 6:50 GMT

Why I'm buying USDCHF: Collins

AlanCollins
Alan Collins of 3cAnalysis says that he is looking to buy USDCHF for four main reasons:
  
1. Last week saw USDCHF bought at higher levels for a fourth week in a row

2. Trading has been fluctuating around the 200-day moving average for 12 trading days until yesterday saw that point as a platform for strong buying

3. Yesterday's initial setback found buyers at the trend defining 13-day MA – a level that has held the downside throughout July

4. That buying was aided by a weaker CHF with EURCHF rising by almost ¾ point.

Collins says that in addition the market is now approaching an increasingly positive Keltner channel, but that he does expect overbought extremes to lead to attractive setbacks. 

Collins looks to add to modest longs near 0.9885 and on the upside he targets June’s key 0.9954 top and projected points of 0.9996 and 1.0048.

Collins has a stop at 0.9833.


1y
assi assi
Hi Alan, you still long USDCHF.....?
1y
AlanCollins AlanCollins
yes - stop in right place - although you may have been lucky enough to seeing some profits near our .9954 target.
1y
assi assi
thanks Alan, indeed i did not enter yett
Relevant articles for you

Disclaimer

The Saxo Bank Group entities each provide execution-only service and access to Tradingfloor.com permitting a person to view and/or use content available on or via the website is not intended to and does not change or expand on this. Such access and use are at all times subject to (i) The Terms of Use; (ii) Full Disclaimer; (iii) The Risk Warning; (iv) the Rules of Engagement and (v) Notices applying to Tradingfloor.com and/or its content in addition (where relevant) to the terms governing the use of hyperlinks on the website of a member of the Saxo Bank Group by which access to Tradingfloor.com is gained. Such content is therefore provided as no more than information. In particular no advice is intended to be provided or to be relied on as provided nor endorsed by any Saxo Bank Group entity; nor is it to be construed as solicitation or an incentive provided to subscribe for or sell or purchase any financial instrument. All trading or investments you make must be pursuant to your own unprompted and informed self-directed decision. As such no Saxo Bank Group entity will have or be liable for any losses that you may sustain as a result of any investment decision made in reliance on information which is available on Tradingfloor.com or as a result of the use of the Tradingfloor.com. Orders given and trades effected are deemed intended to be given or effected for the account of the customer with the Saxo Bank Group entity operating in the jurisdiction in which the customer resides and/or with whom the customer opened and maintains his/her trading account. When trading through Tradingfloor.com your contracting Saxo Bank Group entity will be the counterparty to any trading entered into by you. Tradingfloor.com does not contain (and should not be construed as containing) financial, investment, tax or trading advice or advice of any sort offered, recommended or endorsed by Saxo Bank Group and should not be construed as a record of ourtrading prices, or as an offer, incentive or solicitation for the subscription, sale or purchase in any financial instrument. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, would be considered as a marketing communication under relevant laws. Please read our disclaimers:
- Notification on Non-Independent Invetment Research
- Full disclaimer

Check your inbox for a mail from us to fully activate your profile. No mail? Have us re-send your verification mail