Click on the link to view this weeks swing signals:

View the weekly swing signals matrix

This week we have the potential to create some “synthetic positions”. For example if you are short EURAUD and long EURCAD then you effectively hold a long AUDCAD position. If you are not comfortable with any synthetic positions that are in your portfolio then it may be best not to take them.

Remaining Balances From the Previous Week 

  • Buy USDCHF
  • Buy GBPCHF
  • Sell CHFJPY

At this point we will close all remaining open balances from last week for the purposes of reporting and establish new positions based on this weeks recommendations at the same price (a form of “mark to market”).

In practice you can simply keep the trades open and “top-up” to a full position size with the stops and targets adjusted according to this weeks report. For example on a buy dip/market approach, you would add to the position until you are at 50% of you maximum position size, with the other 50% to be added on a the limit entry.

CHFJPY: As there is no new signal for CHFJPY we will issue an update on when to close during the week. In the meantime last weeks stops and targets remain in place.