EUR/CHF: Looking to buy at trendline near 1.2125

I was fortunate on three fronts yesterday; I was short EUR/JPY due to the ridiculous market reaction to the BOJ Governor reports, I didn’t have a take-profit order in place, and I had reduced my EUR/CHF longs due to the well-reported stops below 1.2250.

Now its time to re-assess and try not to make any hasty stupid decisions. I see a trendline in the EUR/CHF near 1.2125 and I hope to fully re-instate my long position at that level. I think EUR/JPY is overdone so I’ve booked my profit from yesterday.

If I was clever then I’d simply take some time off after a good day but I guess I’m just not wired that way.