This pair has been treating us very nicely on our swing trade from a couple weeks ago. I am looking to add to it on another break of price structure support. If we can break and close below the new entry level I've drawn out in yellow, then I'll enter my sell and aim for the same major price structure low we've been looking for from our first swing trade. In the...
This pair got a nice rise at the end of last week, breaking through the kumo before eventually falling back down. We are now approaching tenkan sen in the kumo and I am watching to see if it will act as support for another kumo breakout. If we can get that breakout I've set my entry level at previous price structure resistance I want to see broken to help confirm...
The Aussie has been consolidating for a while now and is attempting to gain back some ground here soon. In order to validate a good entry I want to see the major resistance level broken where I've set my entry. If we can break and close above it, we may be climbing higher. I've drawn out a longer term swing target to aim for as well my usual levels to take...
While I have a hard time seeing the Pound gaining much strength over the coming months, right now that is where the technicals are pointing me for the time being. We're above the kumo, we have a bullish kumo twist, and chikou span is above price. So, all the bullish confirmations are there that I need. I've set my entry level right above previous price resistance...
This pair fell down below the kumo cloud right through a former kumo twist region. These are ideal areas to look for sell and I'm looking for that sell to continue. There's two ways we can enter into this trade with either a drawback and rejection at the entry I have drawn, or a sell stop below our current candles. We also are close to a bearish kumo twist...
The pound has been in a week state as Brexit concerns are still swinging their weight. Naturally the yen is going to be one of the safe havens that money will run to and I am looking for that flow to continue. I have two ways to enter this potential sell as I've shown it. Ideally we can look for a drawback and rejection at resistance to get a really good risk to...
This is a smaller move so I'll be risking a little less as far as percent goes for this one. I am looking for a break of the previous candle wick to get short and continue the bearish run we've been on. I've drawn out some partial take profit level to aim for along the way to the overall target. As long as the trend stays valid however, I will keep some of this...
This pair has been holding it's bullish run, despite it being a bit slow to the upside. At the end of last week broke below tenken sen support so my eyes are now shifting to watch the price interaction at kijun sen. I am watching for a good support candle to form at or near kijun for a chance to get back long, aiming overall for previous price structure highs....
This pair fell hard with the new tariff announcement from President Trump last week. We are now approaching some important price structure support levels. I am looking at a sell with 2 different ways to enter. The better scenario would be for a drawback back up to where I have my entry line drawn and see a good rejection candle form there to help confirm it's...
This one is a little smaller move than I typically go for, but the risk to reward is pretty solid if we get the entry I'm looking for. I am looking for a good rejection candle at tenken sen for a short term sell. I've drawn out partial take profit levels on the way to my main target. We'll have to be watching this pretty closely at the open as price may react...
This pair had been stuck in a zone for awhile but is now testing a major price structure support level. This is a pretty straight forward setup where I am looking for a break of price structure support for a chance to swing trade lower. I've set my long term target at major price structure lows you can see on the left side of the screen, but we have lots of levels...
This pair is in the kumo but doesn't look quite ready yet to enter a buy. I am looking for either a drop and re-test of support at tenken sen, or a straight break up and above the wick we formed with the previous and current candle. In either scenario if we can end up getting the breakout above those wicks I'll be looking to enter my long position. I've set my...
This pair has been range bound for well over a week before it finally broke out of that zone at the end of last week. I've drawn this zone out with yellow lines and labed it, to make it easier to see. Typically when we get a breakout of a longer term range bound zone like that, we end up having a drawback to it to re-test the edge of the zone as resistance. That's...
This is the same setup as last week which is already in profit, but I am looking for more chances to get short. We are testing price structure support from last week right now, a break of that will give us another chance to add to our sell, or re-enter. I still have multiple levels I've drawn out where I plan to take partial profit at, and I will leave some of the...
At the end of last week this pair has broken down to test price structure support. We've formed a pretty strong resistancehere with a good wick on top. I am looking for a break down below the previous candle candles to help confirm a short entry. I've drawn out multiple partial take profit levels on the way to my longer term price structure low target. I will...
The USD found some strength last week before bouncing off support back up into the kumo. We may finally see the USD weakness we've been waiting for as we get closer to FED rate cuts. I am looking for a kumo breakout to enter a long position back up to price structure highs from a few weeks ago. I've also drawn out some partial profit levels we can aim for along...
EUR/AUD is down testing important price structure support and we have a good possible swing trade on our hands. For those that like to pay more attention to price structure patterns, this does resemble a larger sized head and shoulder pattern. We do have the future kumo twist started to bearish, a bearish TK cross, and chikou span is just shy of breaking through...
Price is starting to stall out quite a bit here and we've been stymied with resistance as the fundamentals of the EU and Britain play out. I am waiting for a break down below price structure resistance and the kumo to look to enter a sell. With the massive bullish run this pair has been on, the GBP may try and fight to take back some territory. If we can break and...