xChampi0nx

xChampi0nx

Shorted gbpaud last week for move to 0.7150 and beyond. Let's see how this plays out.

xChampi0nx

Nothing confirmed yet but can be multi week bear flag. Can be a strong move to downside if it is. I like lengthy consolidation patterns as they bring some good trend movements. Just want to share what I am seeing.

xChampi0nx

Hey guys I am clean slate now. All positions closed in dollar crosses. I am staying long usdcad which I took yesterday to 1.29. Good chance of cloud breakout here. Gold broke daily kijun again which is no long for me. USDJPY was swing wide and I used my rules to exit that trade. Looking for dollar strength for coming weeks. Looking at monthly charts of usdcad,...

xChampi0nx

Hello traders Take a look at monthly chart of DBA. Downside momentum is exhausted and I expect some moves to upside now. Still a bearish chart. But no momentum in macd now. Weekly chart is constructive and getting better. I am looking for plays in grains such as corn and wheat to the upside. Will see how it plays out. Stocks and commodities ratio is interesting as...

xChampi0nx

Hello traders So far its going good on USDJPY. Keep an eye on gold. It is literally stuck in range from a while. Couple of fundamental reasons here as well. Yields are rising across the board which are also pressuring gold. But gold is also inflation hedge. Then we have stock market sell off and smart money takes some time to reposition. My only concern is that...

xChampi0nx

Heelo traders USDJPY is looking ugly. I was stopped out on long last week and that is when i flipped short on the pair . I was looking for some dollar strength but oh well. Weekly and daily are bearish. Weekly is looking ugly as macd is crossed down and chikou coming below support. I look to add more to my position on weekly close below support. Looking for entire...

xChampi0nx

Hi guys Hope trading is going well. Let's take a look at feeder cattle. Weekly is flirting with kijun sen with macd crossed down. Daily looks like a bear flag. Keep an eye on it as it can provide a good RR trade. Thanks

xChampi0nx

Taking a long usdjpy and short gold . Let's see how this plays out. Good RR on both.

xChampi0nx

Hi all Silver is looking good. Pretty simple set up. Weekly above kijun and chikou above price and daily is bullish chart. I am staying long looking for 20-21. Good luck trading.

xChampi0nx

Hey guys Let's take a look at GBPAUD. Monthly chart is in bearish region . Tenkan providing support for now with macd crossed up. Chikou is below price. Weekly had false range breakout and price cant hold above. Macd is crossed down. Chikou is in cloud and Kijun support below. Daily is stuck between tenkan and kijun and macd is crossed up. Chikou is below...

xChampi0nx

Just a quick note on VIX. Weekly macd is crossed up and daily is attempting breakout. We may see long awaited correction in stocks. Short Vol trade will cause a lot of pain soon. If you are long, trail your stops higher. Thanks for the read

xChampi0nx

I been long EURUSD for some time now. Let's take a look at charts: Weekly and monthly are bullish. Daily chart broke head and shoulder necline. This is 4 month old pattern and saw massive breakout last week. Measured move takes us to 1.26. I like long consolidation patterns. There are no gurantees. If it fails ,it fails but just looking at probabilities here, i...

xChampi0nx

Happy New Year guys. Hope you guys were able to spend some quality some with family during holidays. Let's take a look at 10y note. There is lot of bearish talk recently on bonds. China halting treasuries and couple of bond gurus came to talk about it. Do you think that they will do they that if they are shorting it right now? No. LT is i am bearish on bonds...

xChampi0nx

USDCAD is trying to put a reversal from key support. Keep an eye on it. I am watching chikou and 4h chart for entries. It is above cloud and above kijun which is bullish scenario. Also, there can be divergence in fundamentals . Can see higher prices. Thanks

xChampi0nx

Hey guys Let's take a look EURUSD. I am taking a long EURUSD right now. I think its a beautiful chart setting up. Weekly is above Tenkan and Kijun and Chikou is above price. Weekly macd however is crossed down. But overall it is bullish picture. Daily had cloud breakout and currently resting on top of cloud with chikou above price. I am using a wide stop below...

xChampi0nx

Looking for long AUDUSD here . Good risk reward trade. Use position size accordingly as it is counter trend trade. 4h is attempting a cloud and trendline breakout here.

xChampi0nx

This is one chart worth watching . I overlayed SPX on JNK bonds. JNK bonds are breaking down. If you look at the overlay of weekly chart, SPX is making all time highs every few days and Junk bonds did not move much. Now chikou is below price and daily chart is bearish. Macd has been diverging for a while. The divergence is going on forever and one or the other...

xChampi0nx

Hope trading is going well. I am taking a long eurusd at market. Daily is neutral chart with price above kijun sen and chikou got first rejection off price and currentl at SSB support. 4h is bullish ichimoku setup as price is above cloud but still need some work done to get over kijun sen. The trendline is broken from september this year . I am selecting my...