EUR/USD Ready for Longs? - Ichimoku SetupEur/USD has been ranging sideways for a bit now but is starting to look a little bullish here.
We're close to a bullish kumo twist, we have just a bullish TK cross and price is now holding above tenkan sen so far.
I am looking for a break above this flat kumo I've drawn the yellow line at for my entry.
If we can break above that area then we may get a nice push a bit higher.
I've drawn out some price structure targets to take partial profit at along the way to my overall target.
If we fail to break above my entry line, or if our bullish confirmations change, this setup may become invalidated.
Ichimoku Cloud
CAD/CHF - Ichimoku Short TradeThis pair broke out nicely last week and I'm looking to hop into a bearish trend continuation.
I am waiting for a break below current price structure to confirm my entry.
I've drawn out my partial take profit levels on the way to my overall price structure target I'm aiming for.
If we fail to break below recent price lows, or if our bearish confirmations change, this setup may become invalidated.
AUD/NZD - Ichimoku Long TradeThis pair found some support and had a bullish kumo breakout towards the end of last week.
This pair tends to be one that trends pretty well.
I'm looking for a breakout above recent price structure highs to enter my long position.
I've drawn out a few partial take profit to aim along the way to my overall target at price structure highs.
If we fail to breakout and above previous price, or if our trend confirmations change, this setup may become invalidated.
GBP/USD - Ichimoku ShortThis pair ended up trending down pretty well and I'm looking for that trend to continue leading up to the US election.
I am looking for a slight drawback higher and a good rejection to enter my sell.
I've drawn out some partial take profit levels to aim for along the way to my overall price structure target.
If we fail to get a rejection lower or if our bearish confirmations change, this setup may become invalidated.
TBTS Trade Tip: Ichi mobile alarmsok, so firstly and most importantly i only use the conversion/baseline tool to identify a potential trade or confirm the direction of one im already in (or need to get out of). running out and simply switching long and short on the beep can have mixed results although when trending can yield more positives.
beside that my tutorial is for having the base/conv crossover setup on the phone as a simple prompt, a quick way to know to go and check chart out.
note; the lower timeframes will have your phone buzzing all the time and higher timeframes will be like rain in a desert. i have settled on the 8h timeframe for a good variety of play, it allows me to catch trends and trade scalps.
when identifying diagonal breaks early, a beep on the phone is a good idea that you are trading the right way.
check it out; set up alarms for crossover and check your charts only when it goes off. you will gain more free time off screen and increase your win streaks with this simple prompt
[$ETH] Playing with Lagging Span on the Chuvashov ModelHello everyone,
We are back now in a range. Times will say if it's accumulation of a distribution one.
Well, the second trendline of Chuvashov model will tell us in fact...
If we are getting over it, I think we can have this kind of scenario showed in the graph.
Otherwise, we will test lower zones. We have also an original impulse starting point between 215€ and 225€.
Those levels ned to be kept in mind just in case :)
Trade safe, Stay Safe,
PEACE!
GBP/AUD Ichimoku Short TradeThis pair has started forming a nice bearish trend and I am looking to hop into if we continue down.
I've drawn out my entry at a break of recent price structure lows.
I'm looking to hop on the trend all the way down to the previous kumo twist area I'm targeting.
I've also drawn out some partial take profit levels to aim for along the way.
This is pretty straight forward so I'll for this trade as long our bearish confirmations hold.
A Golden Opportunity - XAU/USD Ichimoku Long TradeGold hit an all time high before falling down and testing support.
It's been moving sideways a while now an is finally starting to show some more bullish signs.
We've risen up and above the kumo, we're close to a kumo twist, and chikou span has started to rise.
These are all beginning signs that we may try to establish another bullish trend.
As the second wave of Covid starts to hit accross Europe we may see gold start to push upward again.
I'm looking to enter on a break above recent resistance.
I've drawn out an overall target of recent price structure highs as well as some partial take profit levels along the way.
If we fail to break resistance or if our bullish confirmations change, this setup may become invalidated.
GBP/USD Rebound - Ichimoku Long SetupThis pair finally broke up and beyond the resistance it's been stuck at.
We're in a nice bullish trend and I'm looking for a good entry to try and get long.
I've drawn out this setup expecting a drawback to test our previous resistance level which could now act as support.
When you trade ichimoku the concept is pretty simple, wait for a trend to establish, then look for a good place to get into.
From a high level that's all I'm looking to do in all trades, including this one.
I've drawn out some partial profit levels to look for if we can indeed get a drawback and good entry.
If support fails to hold, or if our bullish confirmations change, this setup may become invalidated.
Potential NZD/USD buy signal Here's another free signal for y'all
Entry point:0.66433
SL:0.65996
TP:0.67580
R/R:3/1
As you can see a bullish flag pattern has formed on the 4 hourly and has broken the support after the 3rd touch so we will be looking to go long.Also, the uptrend can be confirmed by the twist of the ichimoku kumo cloud which has twisted from bearish to bullish on the 4 hourly.
Taking this trade in my sleep and hoping to see profit when i wake up , wish me luck lol!
I'll keepy you updated when I wake
Feel free to like , comment , share and follow my page.
GBP/JPY time to go long When I trade I tend to use the higher time frames as I believe they are more accurate. The time frame I will be using in this trade is the 4 HR and the daily.
As you can see it is above the ichimoku cloud which is showing bullish on the daily time frame and it has also crossed the monthly resistance level and is signalling an uptrend , and has formed a flag pattern on the 4 hourly after the third touch I will be looking to go in for a buy trade.
Please feel free to like comment and follow will be much appreciated. Thanks :D
R/R:3:1
SL:139.385
TP:141.065
EUR/JPY Long Term Ichimoku Short TradeThe Euro has been on a tear fora while now and it may finally be losing some steam here.
This pair broke out bearish last week and now I am looking to hop into the bearish trend for as long as it will hold.
I've set my entry at what should be close to tenkan sen as I'll be looking for a rejection there to enter the sell.
I've drawn out several targets to take partial profit at on the way to my overall target.
If we fail to reject at tenkan sen or if our bearish confirmations change, this setup may become invalidated.
Swiss Fade? USD/CHF Ichimoku Long TradeThis pair has been ranging for a while now and I'm watching to see if we have some upside potential.
I want to see price break recent price structure resistant as my trigger to buy as you can see from my entry line in yellow.
Overall we have a good risk to reward here but it is a longer term play if it does activate.
I've drawn out several partial take profit levels on the way to what would be my overall target.
We're close a bullish kumo twist which may help confirm that we are about to try and head higher.
If we fail to break the price structure resistance at my entry or if our bullish confirmations change, this setup may become invalidated.
EUR/USD Ichimoku Long Term ShortThis pair formed a lower high last week before finally crashing through the kumo and closing below it.
We are on the verge of a bearish kumo twist, and chikou span is below price with plenty of room down below.
I am watching for a break of this recent price structure at the bearish breakout we had to enter my short position.
We're at an interesting place here considering how long of a bullish run this pair has been on.
It's left plenty of room to the downside should the dollar decide to fight back a little.
I've drawn this out as a very long term trade with multiple partial take profit levels to aim for along the way.
If we fail to break below price structure support or if our bearish confirmations change, this setup may become invalidated.
Ichimoku Cloud bullish breakout 1D TFI wish i had time Friday to scan for this. This is a classic ichimoku bullish breakout.
If you dont know much about Ichimoko I highly suggest you learn it as it will increase your trading consistency.
Note that I am using Heikin Ashi candles to eliminate noise during the breakout. Very important!!!
Here is the breakdown of what is needed for a Kumo cloud breakout.
1) Lagging span crosses cloud
2) Conversion line (blue) crosses base line (red) previous to price breaking the cloud
3) price CLOSES above the cloud
4) span A (green line) crosses above span B (red line)
this stock meets all criteria.
I will be buying heavily on short term call options on this on Monday and a light position on longer term call options (sept expire)
My predictions:
1) Most likely: Continued above average volume. prices increases greater than the ATR.
2) What may happen: price may pull back a little but see resistance of the on the blue conversion line at lower time
frames (ie 4H)
3) Worst case: Price closes below the 13 SMA on the 1 day chart. SELL.
you will notice that the stock has been consolidating since about 6/23 and has broken the upper resistance and trended higher. So what not buy on the break of resistance???? Simple, False breakouts. Ichimoku is the near fail safe to save you from buying into a false breakout and losing money and i only buy breakouts upon confirmation.... 100% confirmation of the 4 principles above for buying a break out.
Sure you dont catch all of the run, but the odds are very high in your favor for a nice return.
So when will i sell the options??
1) If the price rises like mad and pulls drastically away and above the 1D 13 SMA. (~10% above 13 SMA)
2) when price closes below the 13 SMA on the 1d Chart. I'm out
GBP/CHF Major Ichimoku Short Opportunity We've been playing around this price awhile now and seem to be pushing back down to test this level one more.
If we can break and hold below this price structure level we should get a much further push down.
This may happen pretty quick after market open so we'll need to watch it closely.
I've drawn out multiple targets on the way to my overall target at a previous kumo twist.
If we fail to break lower or if our bearish confirmations change, this setup may become invalidated.
NZD/USD Kiwi Shorts - Ichimoku Price Structure SellThe Kiwi has been pushing lower pretty easily since our initial kumo breakout.
We are in the middle of a bearish engulfing candle and approaching previous price structure support.
If we can break that support then it will confirm our short bias.
I've drawn out a couple targets I'll be aiming for.
I don't always make this clear, but I wanted to make sure everyone following my analysis knows that I leave some of my position running even past my targets until I see my confirmations change.
This is one simple tip you can use to give yourself a slight edge over time if you're a trend trader.
If we fail to break and hold below support at the entry I've drawn, then this setup may become invalidated.