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Socratesinc

GBPJPY - Buy Oct 10th, Saturday @10:16 am EST. Markets are closed which gives us time to look for potential set ups for this upcoming week. Ichimoku Cloud shows us a buy longterm for this pair. Due to the volatility of this pair, we will using the 45 min and 1 hour time frame with our FIBS tool for reentry's. Price will definitely test the EMA lines and just might test the cloud. We've found that EUR, AUD, CHF, GBP, NZD and CAD vs JPY have very similar price action on the 4 hour time frame specifically which could potentially mean long term these pairs will follow each other. On Oct 9th @ around 8:45 am EST after CAD news was released on the 15 min time frame we saw beautiful entries for all of the above pairs for continuing buys using our FIBS, price hit the 23% and the 38% levels perfectly as they retraced temporarily. The Ichimoku Cloud shows a trend heading upwards on the higher time frames, we simply use our fibs to catch perfect entries on the lower time frames to ride the wave longterm.
Long
by Socratesinc
2
UKOIL - Buy Oct 11th, Sunday @1:21 am EST. Couldn't sleep so I began looking for entries. Ichimoku Cloud shows us a buy, price is currently testing yellow EMA line. We see a perfect high, low, high, low: expect price to buy from where price currently is. Missed the 38% entry, price is currently at the 30% level. Possible W formation being created on the 4 hour time frame. Looking for price to break through resistance zone (white line) 43.60 Placing a buy as soon as the market opens.
TVC:UKOILLong
by Socratesinc
AUDJPY - Buy on 15 min time frame. (MISSED TRADE)It is currently 12:55 EST on Oct 10th, Saturday. I was reviewing the action that occurred Friday morning Oct 9th between 7:30 am and 10:30 am EST. Came across this perfect set up. The Ichimoku Cloud confirmed a continuing buy for us on the 4 hour time frame so we should have been looking for new entries on this pair. I found 2 perfect entries at the 23% and 38% giving us perfect entries for either a scalp or a buy and hold longterm.
Long
by Socratesinc
3
GBPJPY - Buy on 15 min time frame. (MISSED TRADE)It is currently 12:25 EST on Oct 10th, Saturday. I was reviewing the action that occurred Friday morning Oct 9th between 7:30 am and 10:30 am EST. Came across this perfect set up. The Ichimoku Cloud confirmed a continuing buy for us on the 4 hour time frame so we should have been looking for new entries on this pair. I found 3 perfect entries at the 23%, 38% and 62% levels. We usually only look for entries at the 23% and 38% levels but with the volatility of this pair we see that it also hit the 62% level testing the white EMA between 9:45-10 am giving us another entry for a buy and hold longterm.
Long
by Socratesinc
CADJPY - BuyPrice pierces through EMA lines and through green cloud on the 1 hour time frame @ 4am EST on Oct 7th. By 9 am we should of noticed the strong buy movement and entered in a position. 4 hour time frame also confirmed a buy for us. FIB retracement also confirmed a late buy entry from the day before. EURJPY and CHFJPY both look very similar to CADJPY'S chart layout on the 4 hour time frame meaning that CADJPY was most likely going to move with those 2 pairs since we already predicted a buy for both of them.
Long
by Socratesinc
EURJPY - Buy (15 min)Oct 9th @2:15 am est I set up my fibs and saw price testing the 23% on the 15 min time frame, added my ichimoku cloud and saw that price was also testing the green cloud on this same time frame giving me confidence that it was going to buy off of that price which it did. We entered in at 124.682 and 20 min later reached its highest point within 20 min at 124.800 giving us a gain of 12 pips. We are holding long term but that would of been a perfect scalp trade.
Long
by Socratesinc
1