EURCAD SS Short + 117 Pip PotentialPrice is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.4747
Stop = 1.4767
Risk = 20 pips
Profit target = 1.4630 ( The projected daily low )
Reward = + 117 PIps
RRR = 5.85 - 1
2nd Entry = 1.4699
Stop = 1.4629
Risk = 30 pips
Profit target = 1.4609
Reward = + 90 PIps
RRR = 3-1
I would appreciate if you leave a comment or like as a thank you
Have a great week !
Allen
Ichimoku_trader
GBPNZD SS Long + 178 Pip PotentialPrice is above the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and Great RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.8880
Stop = 1.8860
Risk = 20 pips
Profit target = 1.9058 ( The projected daily high )
Reward = +178 Pips
RRR = 8.9 - 1
2nd Entry = 1.8950
Stop = 1.8925
Risk = 25 pips
Profit target = 1.9058 ( The projected daily high )
Reward = + 108 PIps
RRR = 4.32 - 1
I would appreciate if you leave a comment or like as a thank you
Have a great week !
Allen
GBPAUD SS Post News/Type 1 Short + 155 Pip PotentialPrice is below the Daily, 60 and 15 KS as well as the cloud. This is a Post News/Type 1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.7825
Stop = 1.7845
Risk = 20 pips
Profit target = 1.7670 ( The projected daily low )
Reward = + 155 Pips
RRR =7.75 -1
2nd Entry = 1.7756
Stop = 1.7781
Risk = 25 pips
Profit target = 1.7670( The projected daily low )
Reward = + 86 Pips
RRR = 3.44 - 1
** Please note that UK Retail Sales will be released at 4:30 am est. and will directly effect this trade
I would appreciate if you leave a comment and a like as a thank you
Allen
GBPJPY SS Short + 101 Pip PotentialPrice is below the Daily and 15 KS (but above the 60 KS) as well as the cloud. This is a Type 2 trade with a High probability and good RRR.
Entry = Sell on a CLOSE be low the 60 KS (127.153
Stop = ??
Risk = 25 pips
Profit target = 126.12 ( The projected daily low )
Reward = Approx 101 Pips
RRR = 5-1
I would appreciate if you leave a comment or like as a thank you
Have a great week !
Allen
GBPJPY SS Short + 177 Pip PotentialPrice is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 127.62
Stop = 127.82
Risk = 20 pips
Profit target = 125.85 ( The projected daily low )
Reward = +177 PIps
RRR = 8.85 - 1
2nd Entry = 126.48
Stop = 126.78
Risk = 30 pips
Profit target = 125.85 ( The projected daily low )
Reward = 63
RRR = 3-1
I would appreciate if you leave a comment or like as a thank you
Have a great week !
Allen
GBPAUD SS Short + 227 Pip Potential!!Price is below the 60 and 15 KS as well as the 15 cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.8053
Stop = 1.8073
Risk = 20 pips
Profit target = 1.7826 ( The projected daily low )
Reward = +227 Pips
RRR = 11.5 - 1
2nd Entry = 1.7925
Stop = 1.7955
Risk = 30 pips
Profit target = 1.7826 ( The projected daily low )
Reward = + 99
RRR = 3.5 -1
** Please not the Daily Kejun Sen is 1.7884 should be expected to act as support.
I would appreciate if you leave a comment or like as a thank you
Allen
GBPAUD SS MA Long Trade + 60 Pip PotentialWe have a nice bullish move in this pair, so we will look to get in on a pullback. This is an MA trade with a High probability and Good RRR.
Entry = 1.8113
Stop = 1.8093
Risk = 20 pips
Profit target = 1.8173
Reward = + 60 Pips
RRR = 3-1
* understand that this entry is based on a moving Average, so it will...move. I will update before it is triggered.
**Once this trade is up + 25 pips, move your stop to breakeven and let it run
GBPCHF SS Short + 90 Pip PotentialPrice is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.1938
Stop = 1.1958
Risk = 20 pips
Profit target = 1.1848 ( The projected daily low )
Reward = +90 Pips
RRR = 4.5 -1
2nd Entry = 1.1885
Stop = 1.1910
Risk = 25 pips
Profit target = 1.1810
Reward = + 75 Pips
RRR = 3-1
I would appreciate if you leave a comment or like as a thank you
Have a great week !
Allen
GBPJPY SS Short + 124 Pip PotentialPrice is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 129.40
Stop = 129.60
Risk = 20 pips
Profit target = 128.16 ( The projected daily low )
Reward = 124 Pips
RRR = 6-1
2nd Entry = 128.50
Stop = 128.75
Risk = 25 pips
Profit target = 127.75
Reward = +75 Pips
RRR = 3-1
I would appreciate if you leave a comment or like as a thank you
Have a great week !
Allen
GBPUSD SS Short + 82 PIp PotentialPrice is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.2125
Stop = 1.2145
Risk = 20 pips
Profit target = 1.2043 ( The projected daily low )
Reward = +82 Pips
RRR = 4-1
2nd Entry = 1.2084
Stop = 1.2109
Risk = 25 pips
Profit target = 1.2009
Reward = +75 PIps
RRR = 3-1
** Be aware the US NFP is scheduled for 8:30 am est. and will directly effect this trade.
I would appreciate if you leave a comment or like as a thank you
Have a great weekend!
Allen
GBPAUS SS Short + 100 Pip PotentialPrice is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.7672
Stop = 1.7692
Risk = 20 pips
Profit target = 1.7572 ( The projected daily low )
Reward = + 100 Pips
RRR = 5-1
2nd Entry = 1.7616
Stop = 1.7641
Risk = 25 pips
Profit target = 1.7541
Reward = + 75 Pips
RRR = 3-1
I would appreciate if you leave a comment or like as a thank you
Happy FOMC day
Allen
Understanding the balance of a market Note I don't trade Bitcoin but It's interesting how Ichimoku, even thou it was created in the 1930's still applies today. In a market where at the time would of been a lucid dream or believed to not be possible.
This analysis isn't all what Ichimoku "system/philosophy" has to offer but some basics could help you read a market better when trading your own systems.
On a side note I'm looking for traders who have a traditional Ichimoku knowledge (beyond the five lines) to connect with here.
GBPCAD SS Short + 130 Pip PotentialPrice is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.6341
Stop = 1.6361
Risk = 20 pips
Profit target = 1.6211 ( The projected daily low )
Reward = +130
RRR = 6.5 - 1
2nd Entry = 1.6267
Stop = 1.6292
Risk = 25 pips
Profit target =1.6192
Reward = 75
RRR = 3-1
I would appreciate if you leave a comment or like as a thank you
Have a great week !
Allen
AUDUSD Bully Short + 40 Pip PotentialPrice is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and decent RRR.
2 Potential entries (it is one or the other, not both)
Entry = 0.6916
Stop = 0.6931
Risk = 15 pips
Profit target = 0.6879 ( The projected daily low )
Reward = +37
RRR = 2.4 - 1
2nd Entry = 0.6896
Stop = 0.6916
Risk = 20 pips
Profit target = 0.6856
Reward = + 40 Pips
RRR = 2-1
I would appreciate if you leave a comment or like as a thank you
Have a great week !
Allen
GBPUSD SS Short + 92 Pip PotentialPrice is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.2405
Stop = 1.2425
Risk = 20 pips
Profit target = 1.2313 (the projected daily low )
Reward = + 92 Pips
RRR = 4.6 - 1
2nd Entry = 1.2355
Stop = 1.2380
Risk = 25 pips
Profit target = 1.2305
Reward = 75
RRR = 3-1
I would appreciate if you leave a comment or like as a thank you
Have a great week !
Allen
EURNZD SS Post News Long Trade + 100 Pip Potential We had a good push up on the Eur pairs on ECB rate decision and Press conference. This pair has now gone into a consolidation between 1.6752 (High) and 1.6698 (Low). Moreover, it is now above the 60 and 15 clouds, as well as the 60 KS and 15 KS
Entry = 1.6699
Stop = 1.6679
Risk = 20 pips
Profit target = 1.6799
Reward = +100 Pips
RRR = 5-1
Once this trade is up + 25 pips, move your stop to breakeven and let it run.
I would appreciate if you leave a comment or like as a thank you
Have a great weekend!
Allen
GBPAUD SS Long + 106 Pip PotentialPrice is above the 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.7865
Stop = 1.7845
Risk = 20 pips
Profit target = 1.7971 ( The projected daily high )
Reward = +106 Pips
RRR = 5.3 - 1
2nd Entry = 1.7925
Stop = 1.7895
Risk = 30 pips
Profit target = 1.8015
Reward = + 90 Pips
RRR = 3-1
I would appreciate if you leave a comment or like as a thank you
Allen
GBPAUD SS Short + 39 Pip PotentialPrice is below the Daily KS and the 15 min Cloud is Flat. There are a lot of wicks creating the top of the Asian Box, this is a sign that the market does not want to go higher. This is a Type 3 trade with a High probability and decent RRR.
Entry = 1.7757
Stop = 1.7777
Risk = 20 pips
Profit target = 1.7718 ( The 60 KS )
Reward = +39 Pips
RRR = 2-1
I would appreciate if you leave a comment or like as a thank you
Have a great weekend!
Allen
GBPNZD SS Short + 76 Pip PotentialPrice is below the Daily and 15 KS as well as the cloud. This is a Type 2 trade with a High probability and good RRR.
Entry = Sell CLOSE below 1.8487
Stop = ??
Risk = 25 pips
Profit target = 1.8409 ( The projected daily low )
Reward = + 76 PIps
RRR = 3-1
I would appreciate if you leave a comment or like as a thank you
Have a great weekend!
Allen
GBPNZD SS + 102 Pip PotentialPrice is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.8468
Stop = 1.8488
Risk = 20 pips
Profit target = 1.8366 ( The projected daily low )
Reward = +102 Pips
RRR =5-1
2nd Entry = 1.8436
Stop = 1.8461
Risk = 25 pips
Profit target = 1.8346
Reward = 90 Pips
RRR = 3.6 - 1
I would appreciate if you leave a comment or like as a thank you
Allen