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Ichimoku_trader

GBPAUS Short SS tradeThis is the third trade with the new methodology derived from the old. It is designed to provide high probability trades set-ups with good to Great RRR on a daily basis (as opposed to 1-3 such trades per week). Since it is on a 15-minute chart and there is a 15 minute delay for posting here on Tradeview, there may be timing issues. I will do my best to post so everybody can take advantage. We will start considering trades at the European open (currently 3am est). Also, this methodology relies on a directional bias, which may Increase, decrease or change completely mid-session, so I will update the trade accordingly, so look for those changes. like yesterday, 2 potential entries 15 KS Entry = 1.8440 or BO entry = 1.8407 Stop = = 30 pips Initial PT = 90 pips
Short
by AGold54
GBPAUD SS Short2nd day publishing the new methodology which was derived from the old. It is designed to provide high probability trades set-ups with good to Great RRR on a daily basis (as opposed to 1-3 such trades per week). Since it is on a 15-minute chart and there is a 15 minute delay for posting here on Tradeview, there may be timing issues. I will do my best to post so everybody can take advantage. We will start considering trades at the European open (currently 3am est). Also, this methodology relies on a directional bias, which may Increase, decrease or change completely mid-session, so I will update the trade accordingly, so look for those changes. 2 potential short entries Entry = 1.8597 or 1.8555 Stop = 30 pips Initial PT = 90
Short
by AGold54
3
GBPAUD SS LongThis a new methodology derived from the old. It is designed to provide high probability trades set-ups with good to Great RRR on a daily basis (as opposed to 1-3 such trades per week). Since it is on a 15-minute chart and there is a 15 minute delay for posting here on Tradeview, there may be timing issues. I will do my best to post so everybody can take advantage. We will start considering trades at the European open (currently 3am est). Also, this methodology relies on a directional bias, which may Increase, decrease or change completely mid-session, so I will update the trade accordingly, so look for those changes. Long Entry = 1.8541 Stop = 1.8511 = 30 pips Initial PT = 1.8631
Long
by AGold54
GBPAUD double News retracement trade +204 Pip potentialHad major news on Both currencies in this pair. UK parliament vote on Brexit sent GBP down and a better ten expected AUD CPI sent AUD up. This setup will try an harness both results I am using fib levels using the Pre Uk vote price (which is not the daily high) and the low after the Aud news (which still may change so we will have to re draw the fibs) Using 2 even entries at the following fib levels: .382 = 1.8284 .50 = 1.8307 (yes I know it's not a real fib level) I do not expect this market to retrace more than .50 (which is where the Kejun Sen = Bold Blue line will probably be) Stop = 1.8353 and will tighten as we keep it 10 pips above the Kejun Sen Risk = 58 pips Profit Target = 1.618 ext. = 1.8091 Reward = +204 Pips Current RRR = 3.5 - 1
Short
by AGold54
GBPJPY Pullback trade +195 pip PotentialEven though GBP has been dominating for over a week now, it is, imho,over extended and ripe for a pullback. The Monthly and Daily are still, despite it's recent strength, still bearish Resistance has formed at 143.55 and has been rejected once (double top) The Resistance level is in close proximity to the Daily Senkou A, which is a very strong Resistance level. The RSI is Overbought and descending. Entry can be had on a retest of the 143.55 level or a candle formation rejected at that level or you can wait to see if the Daily Senkou A is tested. Entry = 143.55 Stop = 143.95 Risk = 40 pips Profit Target = 141.60 (the 60 Senkou A)** Reward = +195 pips RRR = 4.8 - 1 ** it should be noted that the future cloud is ascending and the profit target will have to adjusted to where price meets it.
Short
by AGold54
1
EURAUD cloud Channel trade +350 pip potentialThe Monthly and Daily and 60 are in an uptrend. Need a pullback to the 60 Senkou B (or Daily Senkou B before 3 am confluence) Entry = 1.5860 Stop = 1.5840 Risk = 20 pips 1st PT = 1.5917 Reward = 57 pips RRR = 2.85 - 1 2nd PT = 1.6219 (the Daily Kejun Sen) Reward = 359 pips RRR = 18 - 1 * At the 1st PT you can either take a portion of your position off and move your stop to flat just move your stop to flat (which is what I will do)
Long
by AGold54
AUDNZD +140 potential shortThe Monthly and Daily time frames are Bearish. This pair has trading in a tight range since January 17 Would like to see the Kejun Sen flatten or better yet step down and that will happen if the pair respects the Resistance level. The Optimal time to start look for this trade to trigger would be after 1am as the Cloud will have thinned out making it easier to break through. Entry = 1.0645 Stop =1.0665 1st PT = 1.0505 2nd PT = 1.0356 Risk = 20 pips Reward 1st PT = 140 pips Reward 2nd PT = 289 pips RRR 1st PT = 7-1 RRR 2nd PT = 14.4 - 1
Short
by AGold54
GBPCAD 500+ pip move potentialGBP has been dominating all week and is, imho, overextended. GBPCAD is now at a Daily Resistance level that has been rejected 3 out of the last 4 times (75%) Need to see compression on the 60 min chart below the resistance level and then a strong bearish candle for entry. Entry = not yet ??? the stop will be 10 pips (+2 for spread above the last swing high) PT = 1.6668 * both sides of this pair have news release that will effect this trade. GBP retail sales at 4:30 est.which is forecasted for -0.8 which can easily be beat and CAD CPI at 8:30 est .Please take this into consideration ** A more aggressive entry can be made if there is either multiple testing of the resistance level or a tight compression below but at it, for at least 8 hrs.
Short
by AGold54
CADCHF Potential homerun tradeThis pair is bearish on both the Monthly and Daily time frames. price is currently compressing below the Daily Senkou A (bottom of the Cloud) this is a very strong resistance level and great place for a small stop loss entry with a profit target of .7066 which is the Daily 1.27 fib extension. first we need the pair to compress slightly below the Senkou A for at least 2 more hours (starting at 1am est. ,we will look for a quick pop back up the Senkou A level for entry) Entry = .7491 Stop = .7511 Risk = 20 pips Profit target = .7066 Reward = 425 pips RRR = 21 - 1 :)
Short
by AGold54
EURAUD 60 min Senkou A ShortThe Monthly and Daily direction is Bearish. The market has retraced, and been rejected at the Daily Senkou A (bottom of the cloud) at 1.5841 I anticipate the market will drop back to the cloud, either the Senkou A (top) or the Senkou B (bottom) and then rally back to retest the Senkou A at 1.5841 2 Potential entries; First, the aggressive entry would be to place sell limit orders at the Senkou A with a 50 pip stop Second, wait for the confirmation of the Cloud breakout trade
Short
by AGold54
6
EURAUD 60 MIn Cloud BreakoutMonthly and Daily Direction is bearish. I anticipate the market will reverse down into the cloud bounce up off the Senkou B (bottom of the cloud) then stall between the Senkou A (top of the cloud) and the resistance level at 1.58600 For the cloud breakout we will need the following; 1. A cloud penetration; 2. A TK cross 3. The Chikou below price 4. A Kumo twist ** You can take the Cloud channel trade (long at the Senkou B) and that is an advanced technique with low risk targeting the Snkou A I will update this post as the market unfolds
Short
by AGold54
2
NZDJPY 60 min Cloud BreakoutThe Monthly and Daily remain bullish Have a text book cloud breakout The only thing I don't like is the time as it is 4 pm est and I prefer not to take trades this late in the US Session, so I will wait for the Asian Session which may provide for a pullback opportunity and/or a smaller stop Entry = 77.95 above the Daily Tenken Sen (Red line) Stop = 77.31 Risk = 64 pis Profit Target = 80.23 (10 pips before the Daily D Ext.) Reward = 228 RRR = 3.5 - 1
Long
by AGold54
2
NZDJPY 60 Cloud Pullback "homerun" tradeAlthough the Monthly and Daily are up, there is, imho, a high probability, low risk pullback trade setting up NZD which has been on a Great Bullish run is showing signs of weakeniing, specifically, on the Daily charts of NZDCHF and NZDUSD both finished yesterday with Doji's GBPNZD and EURNZD were both Spinning tops. NZDJPY had a bearish decision candle, although not an engulfing certainly the strongest of all the pairs against NZD. Their has already been a bearish cloud breakout but with a retracement back into the cloud Trade setup: Entry = 78.14 (the 60 Kejun Sen) Stop = 78.78 (10 pips + 2 for spread above the Senkou A) Risk = 37 pips Profit Target = 76.23 (the Daily Kejun Sen) Reward = 218 pips RRR = 5.8 - 1
Short
by AGold54
10