Kumowizard

Kumowizard

I don't say it is something to short, but it is certainly not a good risk/reward to buy or stay long in Eurostoxx50 at these levels. Weekly parameters: - Ichimoku setup is neutral. - EWO is back to neutral - Heikin-Ashi candle is still bullish, but haOscillator shows an early warning signal of a possible momentum loss ahead in coming weeks. - Price reached a very...

Kumowizard

We are buying some EEM with 3,5 exp. risk/reward.

Kumowizard

I have been following this chart for months now. I still believe US 5y/10y steepener is going to be one of the big trades in 2019, and as I see some further improvement on the weekly chart, I'd like to give some update: - Ichimoku setup is still neutral (Price is in cloud) but it's developing further bullish bias ahead as we have an early bullish cross in Senkou...

Kumowizard

Sugar has some bullish bias. Weekly: - Ichimoku neutral, but price is very close to cloud top, a bullish breakout could easily happen. Supports: 0,1217 and 0,1157. - A close above 0,1315 would confirm both a bullish Kumo breakout and a major double bottom. In this case space would open to 0,18 target (appr. +40 % upside) Daily: - Buy signal after price touched...

Kumowizard

FED monetary policy approach has changed. Technicals are changing too. My flagship trade for 2019 is the US 5/10 steepener. You have to buy $ZF vs selling $ZN. For those who are real traders and not paper trading, risk adjusted weighten between the March ZF and ZN contracts is 1,59 : 1. This means you need to buy 8 ZF vs selling 5 ZN. As we are basically...

Kumowizard

- Ichimoku setup is neutral - HA indicators below started to decline: obvious negative divergence. - Possible supports: 2580 and stronger one at 2500+ Buying up here is just a bad risk reward. We hold some June put spreads. Should it trade down to the above mentioned supports, we need to check price action again.

Kumowizard

- On Weekly chart the yield spread failed to flatten back below Kijun Sen - Heikin-Ashi long wicked doji candle last week. We have to watch HA quantification tools (haDelta+ and haOscillator) now. - Ichimoku setup remains neutral, EWO neutral - Key level is around 20 bps (0,20 %), marked by multi years trendlin, Kumo and 100wma This steepener can be a major trade...

Kumowizard

After a long consolidation period USDCNH is attempting a bearish break. - Ichimoku indication is mild bearish - Heikin-Ashi sell signal - EWO is negative We enterred a small short yesterday and today with a trailing stop. Please note that the horizontal line and the trendline Will likely act as a strong resistance around 6,79. Therefor we consider this trade as...

Kumowizard

HYG is bearish and price is back to an optimal sell level. Btw why do you think US 2y/5y yield spread is tradig negative (inverted curve) and 2y/10y flattened to 13,6 basis points??? The alarm is ringing louder. No more comments.

Kumowizard

Simply increase long positions.

Kumowizard

After first bullish breakout failed, EURCAD is trying it again. Ellipses indicate bullish bias ahead. For a confirmed trend reversal it needs to make a higher high (appr. above 1,5180). We already have our initial long position. Pls follow my Twitter feed for other trade ideas, and you can track back my original EURCAD buy recommendationl too. I post more...

Kumowizard

Spikes happen, but facts are facts: - Price is reaching a lower bound of resistance (bearish support) zone, marked by Kijun Sen - Further key resistaneces: 1,1500 / 1,1560 - haOscillator is reaching its top - Minor downtrendline is still in place (not broken yet) - EWO is bearish Dear Friends, this move is called "bearish consolidation". Definately not bullish....

Kumowizard

This is some form of momentum warning for me. haOscillator is above mid line and diverging compared to price. Bearish price action may be blocked at 1,5600+ resistance. It is NOT a buy for long recommendation! It is a close shorts idea, as I think we'll see better (higher) levels to re-enter shorts later.

Kumowizard

Price action says bearish continuation failure. There is absolute lack of momentum. I've been sitting in a short for some time now, and this pair is not behaving like a trending asset. I decided to close all existing EURCAD shorts for now. (P/L minor positive, rather flat).

Kumowizard

- Price reached minor bullish trendline suppoort and Daily Kumo support today. - There is some positive haOscillator divergence on 4H chart. - A short term bounce to 1213+ is possible, then we'll see. For now I'd not run into any shorts. However if price cannot recapture Daily Kijun and close above 1213-1216, then next sell signal Will smash Daily setup. Position...

Kumowizard

- Ichimoku setup has bullish bias. Froward Kumo is positive. Caution: cloud is still very thin! - Price action: pull back to bullish support at 4,3050 - EWO is positive - Watch Heikin-Ashi quantification tools (haDelta+ and haOscillator) for early signals of change in momentum 4,2975 - 4,3150 seems to be a good risk/reward buy zone. Initial stop at 4,2760 vs...

Kumowizard

- Impressive rally back to important bearish key support zone, but... - I still see lower highs and lower lows. Until this changes (a higher low print needed), it is a classic bearish trend. - Ichimoku setup is still bearish, EWO and MACD also in bearish territory.

Kumowizard

In European trading price reached exactly the stron bearish support marked by Kijun Sen and forward Senkou B line. You see how market respected and heaviliy sold off from that level. This setup is still bearish, next leg down is coming!