We had a big push upwards and I am looking to hop in this trend. In order to get a good entry I am hoping for a drop at the beginning week back down to support so I can look for the entry I have on the chart. The support level may stall out even a little above that but I will be looking for it none the less. If we stall out and I get a good entry I've drawn out a...
Good Swiss news played a major part in stalling out the USD rise with this pair and I am expecting that to come to an end, barring bad USD news. So, I am looking for a chance to get long and head back up to the previous structure highs you can see on the left side of the chart. Once we can break and close above the .9962 level to enter a long position. I've drawn...
Another bearish setups, it can't be ! It is indeed! With the market widely expecting the BoJ to adjust monetary policy last week, they abstained and shocked the market a bit. We got a nice rejection at the cloud and price has been heading down since. I've drawn out a few possible Take Profit levels on our way down. This is another setup that will be more of a...
Aussie looks to be strengthening and at the same time if you've read much of my analysis, I believe the next year or so we'll see a predominantly weaker Euro. We had a big breakout last week and I am looking to enter a longer term swing trade on the next push down. I've drawn out several take profit levels to aim for. This trade may take a few weeks to play out....
We've been in a strong bearish trend with this pair. NFP caused a brief drawback right to tenken sen where we saw a textbook rejection. All current confirmations are bearish, so I'm looking to take advantage of the next movement. I've drawn out a few partial take profit levels along the way. This trade setup has a 1.5 Risk to Reward Ratio, so while it's not as...
This pair has been in a strong bearish run I'm looking to hop into this establish trend. We tested tenken sen and saw a rejection and I'm looking for a chance to enter a sell to go lower. I've drawn out a few Take Profit levels on the way to my long term target of 1.5070 If we can break below the previous structure low we, we should see the big drop I am...
This pair has been in a nice bearish trend for a while, it's still forming lower lows and lower highs. Our major bearish signs are still there and I'm looking to hop in a trend continuation to the downside. I'm just looking for a move lower to enter my short bias trade. I've drawn out a few potential Take Profit levels on the way to my long term target of ...
Coming up this week we have the Bank of England Rate decision. It's pretty much set that they will raise rates and I believe this has already been priced in to the market already. Instead of playing on GBP strength based off the news I'll be looking for a drop shortly after the news hits. I'm waiting for a drop below the cloud to enter a short position. I've...
With all the news last week the EUR got a nice push up and out of the cloud. We are now hovering just above the flat kumo. We are yet to complete the kumo twist and chikou span is still sitting below price. This leads me to believe we may drop and test the flat kumo before trying to push up and out, or even drop and consolidate a little bit here. With the trade...
With the chaos from last week we saw this pair sink below a flat kumo and complete the early stages of a kumo twist. I am biased towards a sell but for this setup I want to see a breakout of the level I am watching. An alternative entry would be a drawback to the flat kumo and rejection to enter a sell. Depending on how the market moves after open will determine...
We had some big pushes down last week leading to a nice kumo breakout. For this run we've been respecting tenken sen really well. There's two ways this sell could form. The first is to look for a break of the support line I drew. If we head right down and keep respecting tenken sen, it would be an ideal time to sell and I've drawn out Take Profit levels and well...
This pair has been on a nice bullish run, forming higher highs and higher lows. We've just seen a TK cross on the daily time frame as well that I'm looking to take advantage of. I want to see a rise above the first blue line I drew for an entry, and I've drawn out two other blue lines for potential take profit levels. If we fail to break the previous high, or our...
The USD has been on a bit of a rampage lately despite all the trade war concerns, Towards the end of last week we finally saw a slight drop with this pair. We've fallen below tenken sen here so I'm watching for price to drop to kijun and support to be held there. If price holds there, I will look for an entry back to our previous highs. If price fails to drop to...
This is a continuation from our last EUR/CHF setup, I am now looking to add some entries for a bullish breakout. It's still a little early since we don't have the kumo twist yet, so it's not too late to start looking for entries. I'm going to be expecting a drop to the flat kumo early this week so it can hold support. If price holds there I will look to get long,...
We're at an important level here where we've already been rejected twice in the past couple weeks. If we can finally breakout above the 1.1650 level then we could be headed up long term. I am looking for a tenken sen bounce to try and get in a bullish trend continuation. All signs remain bullish for now but I'll continue to watch our confirmations in case we get...
This setups is similar to Gold, but Silver hasn't quite developed as far yet. I am still waiting for a completed kumo twist and chikou span to raise a little higher to confirm we will indeed stay bullish. So far we have seen price continue to bounce off kijun sen as support which is promising of an eventual bullish breakout. If we can get those bullish...
Gold has been on the watchlist ever since it's bullish TK cross and rise up from support. We are in the middle of a kumo twist, and signs are looking pretty bullish. I am looking for a kumo breakout to enter a long posistiion. I am targeting one of the large flat areas on the previous kumo as my TP, so this trade may take awhile. With the bottom of the kumo...
This pair has been on a nice bullish run lately and we are now looking for this strong support level to hold. I am looking to enter a kijun bounce trade here which will allow us to keep a pretty tight stop loss and a nice risk reward ratio. I am targeting the previous candle stick body close as my take profit point. If we break below kijun or our bullish...