Monthly and Daily direction is Down Have a Triple top on the 60 min TF (shown by Yellow line) Have all elements of a cloud breakout Entry = 1.8772 Stop = 1.8845 Risk = 74 PT = 1.8549 * May want to take some of your position off at the prior low of 1.8670
Monthly and Daily Direction is Bearish on the 60 this pair has formed a double top, shown by the Yellow line (unfortunately I can not show, on the 15, the 1st instance of resistance without losing detail) This trade still needs 2 of the 4 requirements, so is at least 90 min away from setting up. Cloud breakout requirements: 1. Cloud Breakout - Still need 2. Have a...
Looking to take advantage of yesterday's GBP bullish session Monthly and Daily are bearish Anticipating a move down to test the lows Entry is 5 pips below the breakout candle at 1.8774 Stop =1.8818 Risk = 44 pips PT = 1.8670
Monthly direction is down Daily is in the Sell zone All requirements are met for a cloud breakout; 1. Have a cloud breakout 2. Have a TK cross 3. The Chikou is below price 4. Future kumo is bearish 2 Potential entries: First, the breakout entry is 6 pips below the breakout candle (however, since the next candle was a little lower I used that low of...
Potential cloud Breakout The Monthly direction is down Pair is in the Sell zone on the Daily and is at major resistance levels Since this trade is several hours away from a set-up I can not provide specific order details That said there is 2 ways to enter this trade: First, on a 60 min close below the Daily Kejun Sen (blue line) Second would be a cloud...
Although GBP remains Strong, it does appear to be slowing down. As GBPJPY approaches Daily Resistance at 149.26, it appears to be losing strength. what I would like to see, is a consolidation near the resistance and then a move down through the Cloud. As this trade is still several hours away from setting up, I cannot provide an entry, Stop loss or Take profit...
Monthly and Daily direction is down and have met a ll the requirements for a Cloud Breakout: 1. Have a break below the Cloud. 2. Have a TK cross 3. The Chikou is below price 4. The future Kumo is bearish 2 Potential entries for this trade: First; The Breakout trade. Entry is 4 pips below the low of the Breakout candle (in this case we have to adjust for round...
Monthly Direction is down giving us a sell bias. Daily has entered the cloud from above (technically making it neutral). Price is below the Daily Kejun Sen and the Daily Tenken Sen (red line on chart). All elements of a cloud breakout trade are met: 1. Have a breakout from the cloud 2. Have A TK cross (tenken sen crossed the Kejun Sen in the direction of the...
Daily and Monthly are in downtrends. Cloud Breakout requirements: 1. Have a Cloud breakout. 2. Have a TK cross 3. Have a Kumo Twist. 4. The Chikou is below price ** At the Daily Kejun Sen 1.4948 (Blue line), need a close below it Entry = Close f Candle below Daily Kejun Sen 1.4948 (Blue line) Stop 10 pips (+2 for spread) above the Senkou A PT = 1.4720
The Monthly, daily and 60 min TF are in all in a downtrend. This pair, imho, has a good potential to drop to 1.5311. The entry is at 1.7098 (4 pips below the breakout candle low, adjusted down 2 pips away from round number. Stop is 10 pips (+ 2 pis for spread) above the Kejun Sen at 1.7141 (Risk = 43 pips). Profit target is Rx3 = 129 = 1.6969. There is an an...