What a awesome week for battles between Bulls and Bears. Bulls showed such unstoppable power at the start of the week after a long couple of weeks of domination from Team Bears. Hopes were made, could the Bulls finally take us out of the ranging environment that 2017 has given us, time will tell... Attached are charts from three different time frames showing the...
Another Health check for today. There are three different time frame charts which will be added below. I started posting these as a bit of a new thing, as from time to time I get direct messages asking my views on peoples trade set-ups using Ichimoku. Posting these may help how I'm viewing the trading day (these are subject to change). Any questions don't...
Please Note this is me experimenting with 'P' waves (I am not in this trade). Any question are welcomed ;)
Since having such a healthy up trend, Monday and Tuesday hitting both Ichimoku Wave targets (900+ pips). We are starting to see a break down in price structure from a 'Ichimoku wave' stand point (my opinion). Above Isn't a trade set-up but a health check I like to do each day before trading, to see how I may trade for the day (this can change at anytime). I...
Since having such a healthy up trend, Monday and Tuesday hitting both Ichimoku Wave targets (900+ pips). We are starting to see a break down in price structure from a 'Ichimoku wave' stand point (my opinion). Above Isn't a trade set-up but a health check I like to do each day before trading, to see how I may trade for the day (this can change at anytime). I...
Ichimoku 'Wave', formed a nice trade entry into a long position. I created a wave pattern yesterday on the same chart but was a little premature. For those not currently in the last trade, the wave we have created today is a (stronger) valid wave. Our target is a 'N' wave calculation. (of note, trading this pair I have found the Ichimoku 'N' wave to be the most...
Ichimoku 'Wave', starting to form a nice trade entry into a long position, as I'll be away from the screen I'm posting now. Our target is a 'N' wave calculation. (of note, trading this pair I have found the Ichimoku 'N' wave to be the most frequent hitting target. How I trade this set-up Conservative - Await for price to break the 'B' leg (109.640) and set your...
The charts attached are my Monday predictions for the week to help my trading for the 1Hr time frame. For full details of my analysis for the week (using Ichimoku theory), click on the link. Hope you all have a great trading week ;)
Ichimoku weekly analysis with wave counting. I'll be attaching three charts in three time frames and explain what a possible outcome for the week may be, using my understanding of Ichimoku theory. Your own opinions are greatly welcomed ;)
Will it make it too our target? For those who took my trade set-up need to start looking at moving there stop down to where they feel comfortable. When using Ichimoku, I'll use the five lines to gauge where to move my stops.
Ichimoku 'Wave', forming a nice trade entry into a short position. I have only calculated the 'N' wave. (of note, trading this pair I have found the Ichimoku 'N' wave to be the most frequent hitting target. How I trade this set-up (this is my classic way of trading this set-up) Conservative - Enter now as price has already pasted the 'B' leg (109.749) and set...
Ichimoku 'Wave', forming a nice trade entry into a long position. I have added both 'N' and 'V' wave calculations. (of note, trading this pair I have found the Ichimoku 'N' wave to be the most frequent hitting target. How I trade this set-up Aggressive - Enter now and place your stop on the 'C' leg (110.254) or bottom of projected Kumo (110.523). (I only trade...
Now that the battle in the cloud is over and the Bulls seem to be hiding, we must see how far the Bears will take their advancement. I have added two waves, Ichimoku 'E' and Ichimoku 'V'. The Ichimoku pattern I have drawn matches a 'V' pattern more then a 'E' pattern; however; the 1Hr chart appears to me to still be in a range and not showing a clear healthy...
Price has retracted back (110.623) to last area of defense (kumo). Possible trade set-up close to becoming invalid. For trade to become valid, price needs to break 'B' wave. Of note this trade set-up, it would be wise to trade conservative. Conservative - Await for price to break the 'B' leg (111.050) and set your stop on the 'C' Leg (110.585). If price drops...
Ichimoku 'Wave' forming a nice trade entry into a long position. Due to the sharpness of the wave I have added all wave projected calculations as some Ichimoku traders may see this as a 'V' wave set-up all the way to a 'E' wave. How I trade this set-up Aggressive - Enter now and place your stop on the 'C' leg (110.585). Conservative - Await for price to break...
A nice Ichimoku 'P' wave is forming and should break out the same direction it came into the 'P' formation, again hoping to confirm our long position. Good luck!