Kumowizard

Kumowizard

I think some very annoying range consolidation is ahead of this mkt. It can last for several more days (a week maybe?) befor equities find the new direction and any trend starts. It should either massively go out to new highs (above 3155) to be able to continue current bullish run, or it will reverse, and then the bearish trend will be very agressive and...

Kumowizard

It seems EURPLN had the interim bottom in. Trend likely to reverse to bullish. First unit buys recommended here in 4,16 - 4,17 range, size up above 4,1780, if breakout both confirmed on daily and 4H timeframe. Initial Stop at 4,1475 stop if offered, first tgt 4,20.

Kumowizard

The more I look at it, I tend to believe we have rather a bearish period ahead of us, but with some choppy sideaway moves first. Two things I am confident with: mkt clearly lost the bullish momentum and volatility is very likely to pick up again. So at this point I should probably first extend/improve my idea published ytday from partial to FULL profit taking on...

Kumowizard

It looks like short term we had the bottom in. USD is reversing. Daily Slow Stoch turning up. 4H Ichimoku setup is almost ready for a counter long trade, but needs some more vaidation for those who are more conservative in position taking. From 80,00 level we likely see a corrective USD move. If you like to play it, try to buy USD Indx on any pull back between...

Kumowizard

It looks like short term we had the bottom in. USD is reversing. Daily Slow Stoch turning up. 4H Ichimoku setup is almost ready for a counter long trade, but needs some more vaidation for those who are more conservative in position taking. From 80,00 level we likely see a corrective USD move. If you like to play it, try to buy USD Indx on any pull back between...

Kumowizard

After few days of consolidation BUND is getting ready for a clear Ichimoku buy signal on the 4H time frame. Px broke above the cloud, Future Cloud is close to bullish cross (pointing up), Chikou back above px candles too. How to setup the trade? Either look for buy at a Kijun and Kumo pull back, or stop buy entry at previous Chikou high. Place Limit Buy at...

Kumowizard

Just like SP500, the EuroStoxx50 Indx looks tired a bit. On 4H time frame even DMI crossed bearish, but due to rel low ADX needs more confirmation. Is correction on the way down to 3060?

Kumowizard

Watch price development, as I think this Bull deserves some rest. Now also 4H time frame suggests that correction is likely to come to a minimum tgt of 1820-1825. You can say 1 % is not a big deal... well, it is not until the bottom of the thick cloud on 4H chart is so far away and Chikou (dark blue lagging line) does't cross down px candles. Let's see how it...

Kumowizard

Referring to my prev. chart: NBH cut base rate by 15 bps yesterday. My expectation was for 10 bps only + some less dovish comments or some hints on the future monetary policy to be rather cautious. However NBH surprised the mkt with not just cutting the rate, but keeping its extremely dovish stance. I clearly believe that NBH is either doesn't understand what...

Kumowizard

After 10 days rally SP500 has arrived to serious resistence at 1840-1845. We might see some profit taking here. If the bull wants to run further, it has to have some rest. In Ichimoku terms for further rally Chikou span and px should clearly break the 1845. It is not impossible, but looking at probabilities I rather vote for a consolidation first, with px...

Kumowizard

AUDUSD has become a bit overbought. Px action suggests some correction and consolidation is coming. Based on 4 Hrs chart the most likely pull back tgt level is ard 0,8925. From there, or within 0,8860 - 0,8925 range I would start to look for buy signals. Current cloud is still too thick, this blocks a bit the short term bullish momentum. However future cloud shows...

Kumowizard

First of all let me note this exoctic fx cross has become really volatile recently, and mkt quote is less liquid as well. Pls really take it into consideration when opening a trade in EURHUF, always check daily ATR for proper position sizing. After jan-feb massive blow up move, EURHUF has started to consolidate in a wide range of 308 / 312, but also within a...

Kumowizard

After some consolidation period, price broke out of the cloud on daily chart. Bears tried to get the control back twice last week, pushing price back from 450 critical resistence. However with friday's candle close, the trend reversal and daily bullish Kumo breakout strategy got confirmed: Chikou span (lagging line) broke out of the cloud too. So to sum it up:...