The strength of the USD has started to falter a little bit with all the interest rate raises in rapid succession. I am expecting the US economy to do well, but the strength of the dollar to continue to fade, especially with the likely rate hike coming in March. On the technical side we've found support and held here at Kijun so I am expecting to to rise back to...
For those of you who have been following me for a while or have been in my free trade room for any period of time, you'll probably know how much I love trading oil. I live in West Texas near the largest oil plays in North America so I have a pretty good pulse with what is happening in that arena. I've been bullish on oil since $25 and even stronger bullish after...
We had a nice bullish breakout last week and with the fall in the price of oil, I am looking for this bullish trend to continue. We've fallen down to just shy of kijun sen. I am looking for this pair to find support there and buy on a rejection, looking to climb to previous highs. If kijun sen does not hold as support then this trade may be invalidated.
This pair found its bearish legs again last week and I am looking for that trend to continue. I am watching to enter a sell off a tenken sen rejection. If that happens I'll enter m my sell with a stop loss just above kijun sen. If our bearish confirmations change to bullish, this trade may be invalidated.
This pair has been moving in the cloud for a while now, and I am looking for a possible buy. To enter I will want to see our bullish confirmations hold and a strong kumo breakout. With the government shutdown news, this may not progress the way I am hoping, but I am keeping an eye on it none the less. If any of our bullish signs change to bearish, then this trade...
The Kiwi has broke out and below the cloud here. I'm not sure USD will have the strength to keep up this run, but I've laid out a possible trade if the strength does continue. I am looking for a break below a minor level of support around .7266 if we can get below that level then this pair should continue to the downside and test the bigger support/resistance...
Gold found itself falling back down to support on the daily will all the positive USD news that hit last week. Now that the effects have started to diminish, it is holding at kijun sen. If we can hold support here I will look to enter a long, targeting our previous high of 1362, with a potential second target of 1370. If price fails to hold here, or our bullish...
Despite the crazy bullish news for the USD last week, this pair managed to stay above the cloud. I am watching for a bounce off kijun here to our previous high of 1.2505 as price bounces around in this consolidation zone. All signs currently remain bullish, but any change to those confirmations may invalidate this setup.
This pair has tried rising and has failed to make it to support. As long as our bearish confirmations hold, I will be looking for a sell entry. I am watching for a break below our current candle targeting close to the low of the long bearish wick we saw last week. If any of our bearish confirmations change, this trade may become invalidated.
This pair has fallen down to the cloud and we have a flat kumo that may act as support/resistance. If we find support and get a kumo breakout I'll look to enter a buy position. I am targeting my previous high. as my TP. If our bullish confirmations don't hold, this trade may be invalidated.
This pair has been holding a consolidation zone, and I am looking for breakout of the cloud to look to get in a bullish breakout. Looking at the daily we are also holding support and look set to try and continue the bullish run its been on. If we don't get a bullish kumo breakout, or bearish confirmations hold, then this trade will be invalidated.
We've been on a nice bullish run since with this pair and its looking like kijun sen will hold as support. I am looking to enter on a long here for a trend continuation. If any of our bullish confirmations change to bearish, this setups may become invalidated.
This pair found support at kijun before the ending the week. I am looking for that support to hold and act as a platform to continue to climb upward. I am targeting the previous high to grab some profit, then let it continue up. If our bullish signs ends, this trade will be invalidated.
This pair has fallen down into the cloud and I am waiting for a breakout back up and out of it to look for an entry. I am targeting the top of the bullish cloud as my target. If our bullish confirmaitons end and switch to bearish, it will invalidate this setup
This pair was moving sideways in consolidation until the Euro news from last week. Barring any news that could move this pair to the downside, I am expecting this trend to continue. We've had a kumo breakout and now it has fallen to support, but remains bullish overall on this time frame. I am looking for a buy entry and targeting a previous high of .8929 as my...
With the huge Euro movements last week, this pair reversed and accelerated all the way back into the cloud. I am looking for a possible buy entry if my confirmations come for this trend to continue. Ideally Chikou span would rise above previous price, and we would get a future kumo twist to bullish to confirm a trend continuation. If that happens I will enter a...
This pair has been on a nice bullish breakout and barring bad economic data, I'm expecting this run to continue. I am waiting for a drawback to enter a longer term swing. My entry level is based off support on the daily which is where we may drop to on the 4 hour chart. So, I am looking for an entry around .7173 and I'm targeting a previous high of .7515 as a...
Gold has had a strong bullish run, and I am looking for that trend to continue. I am looking for a trend continuation to get in a buy soon. I will be targeting a flat area on the cloud from last months previous highs. If any of our bullish confirmations change then the trade will be invalidated. Be careful with lot size on gold, since it takes a lot more margin...