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The808trader

EUR/JPY Long Ichimoku Trade IdeaThis pair had a clean bullish breakout to end the week last week. You can see on the edge of the screen though that we haven't gotten a bullish kumo twist yet and we've gotten pretty far from tenken sen. I am expecting a drawback to test support (probably to tenken sen) where I will look for a buy if our future kumo twist happens. I will also keep an eye on the bullish confirmations, if they change then I will look to exit the trade if I'm already in it, or wait to enter if I haven't bought in yet.
Long
by The808Trader
GBP/USD Long Ichimoku Trade IdeaThis pair has dropped down to the cloud and held support. I'm now looking for this level of support to act as a possible platform for this pair to move upward. We're sitting at tenkan sen right now an I'm expecting price to fall again to test support this week which is when I'll look for entry. This will allow me to have a tight stop loss as well. I'll exit the trade if any of our bullish confirmations reverse, or if  support is not held at the cloud. 
Long
by The808Trader
EUR/USD Ichimoku Long IdeaAs expected we got a nice drop on the Euro over the past two weeks, but it has finally stalled out a little here. Looking at the Daily charts we are still bearish overall but are in the middle of a drawback. On the 4 hour we are looing like we could possibly get a move a little further to the upside with all the bullish confirmations we have. I am continuing to watch and see if price falls to the flat part of the cloud and then we get a bullish kumo breakout. If that happens I will enter a buy, but I will look to get out pretty quickly at the blue line I drew as a TP. If the daily starts showing bullish signs then I will stay in this trade as a buy since that may signal a reversal.
Long
by The808Trader
NZD/USD Long Ichimoku Trade IdeaThe Kiwi has been holding pretting strong here and has now entered the cloud. We have the start of a bullish kumo twist and bullish signs are holding. I would really like to see the kumo twist finish, chikou span to remain above price and get a strong kumo breakout. If this happens then I will look to enter a buy with my TP's set at the two blue lines I drew above current price. If we flip back to a bearish kumo cloud, chikou span falls into price, or we get a bearish TK cross, this trade will be invalidated.
Long
by The808Trader
GBP/CAD Short Ichimoku Trade IdeaSimilar to USD/CAD, this pair is ranging in the cloud right now and sitting at a strong support/resistance level. I am looking for that level to be broken to enter in a sell. We just got a future kumo twist to a bearish cloud. We may see one more attempt to rise before we get a breakout. As long as bearish signs hold I will enter, if they start to get mixed or the kumo twist goes back to bullish it will invalidate the trade, and I will not enter.
Short
by The808Trader
GBP/JPY Short Ichimoku Trade IdeaThis pair is ranging in the cloud right now, and we are starting to see some bearish signs. I am looking to enter a sell if we can break below the kumo cloud, which is acting as a strong s/r level right now. If we can break that level and get a kumo twist to bearish, as well as chikou span holding below price, that will be enough confirmation to get in the sell for me. I've also drawn out some longer term targets to go after if we can get a good bearish break.
Short
by The808Trader
AUD/USD Short Trade IdeaWe saw an attempt by the aussie to break higher up , but was rejected pretty firmly. We ended last week being within the cloud, showing that price is ranging. USD has been showing some strength again and I am waiting for a drop below the kumo for a possible short entry. I am looking for a break of resitance (shown by the blue horizontal line I drew) so I can enter. I'll look for a TP at the bottom of the last bearish run. I will need to see a kumo twist complete to bearish, and the break of the horizontal line to confirm when to enter.
Short
by The808Trader
1
EUR/CHF Long IdeaInto the cloud we went last week indicating that this pair is ranging between trends. This is an ideal opportunity to possibly get into a new trend, should one form this week. Right now all signs point to bullish, but kijun is getting pretty close to tenken. As long as our bullish confirmations remain I expect price to move a little sideways here. I am looking for price to eventually have a bullish breakout from the cloud which will possibly be a good time for me to enter. I'll keep my stop loss pretty short on this one. If I see any of the following signs, this trade will become invalidated for me and I will not enter. 1. If we maintain a bearish TK cross 2. If chikou span falls below price 3. If we get a kumo twist back to a bearish cloud
Long
by The808Trader
EUR/GBP Long Trade IdeaI am looking for a trend continuation trade on this pair. We've been on a nice bullish run here, and I am looking to enter if that trend can break resistance around .8993 If we can break that level then it should start acting as support for further bullish movement. I may also enter off a tenken sen bounce, but I tend to like resistance level broken trades since it shows strength. I've targeted a level of strong support/resistance as my first TP. If this breaks I may aim as high as .9200 if my bullish signs hold.
Long
by The808Trader
GBP/CHF Ichimoku short IdeaThis pair has been in the cloud, which indicates that it is ranging between strong price trends. We are staying below kijun and tenken and chikou span has been hanging out below price. We got rejcted at the bottom of the cloud, which is flat, indicating a strong level of support/resistance. If we can break that level we could be in store for a good short run. I've marked out where I will be placing my stop and my targets if that level is broken. This pair will definitely be on my radar this week.
Short
by The808Trader
2