Hello all Let's take a look at CVX. Monthly: HA doji . Still at resistance as you can see. Mac-d is neutral as of now. Chikou attempting to come out of price. Weekly: Macd is crossed up. Chikou below price and price at kijun. Daily: Price breaking 6 month of downtrend .Bullish ichimoku. Looking to buy dip as earnings are out of the way now. Thanks for the...
Hello everyone Last day of the month and first day of the week. Let's take a look at oil. Monthly: I was expecting Kijun to hold. It did. Mac-d is crossed up. Chikou is however below price. There is head and shoulder set up as well. We just need to wait for one for more day to see the close. Weekly: Price is above TK. Mac-d is crossed up. Chikou is still below...
Hello friends Hope you guys are doing well. Let's take a look at GDX. Weekly: You can see price holding 61.8 fib multiple times. Price is still below kijun however. Macd is neutral and chikou in price. Daily: Triple bottom at the fib. You can also see a head and shoulder pattern. Weak bullish TK cross. Chikou is above price. Price right at cloud top. 4H: Cloud...
So guys Just a quick post on FTSE. Weekly chart shows price bouncing off kijun with macd crossed down. Daily is bouncing off trendline. Chikou is coming into past candles. This trendline for me is the line in the sand. As soon as it goes, i don't mind shorting it. Looking at global indices, I see topping patterns. So, a correction is near. A multi week correction....
Let's take a look at DAX. Monthly:If you look third column on right, there is monthly chart. Macd is up. Ichimoku is bullish. Worth noting is doji HA forming at resistance. Also, note flat TK and price got some room to fall. Weekly: Macd is crossed down and price is at kijun. Daily: HA delta is below zero and we got bearish ichimoku . Price is below cloud,...
Hello everyone Hope you had a fantastic weekend. Let's take a look at NQ. Weekly is bullish chart. But price made new high and mcad is still crossed down. Daily Kijun is far from price and flat. Price just went parabolic up. HA showing some momentum loss . I am watching hadelta here. If it goes below zero and we have a signal on 4h , I'll take the counter trend...
Hey guys howz it going. Hope you guys are able to capture some big moves recently. My audusd trade had been spot on alongwith some other ones i posted here. GBPUSD is doing good. If you are not long, you can still go long. Weekly: Price above TK. Chikou above price. Last week we closed above 100 wma. Macd is crossed up. Daily: Price above TK. Chikou above...
Hey guys Let's take a look at GER30 index. Monthly: Bullish chart and macd is bullish. Only thing to note is Tenkan and Kijun are flat and price is far from them. Weekly: Bullish but macd is crossed down Daily: Prices broken kijun. Chikou is below price. Currently on minor support. Macd is crossed down and near zero line. I expect a deeper pullback. Can be a...
Hey guys Just looking at GBPUSD. Monthly chart is not shown here but macd is up and it is above tenkan with flat kijun sen. Weekly: Macd is crossed up and above centre line. Chikou above price and there is some resistance at current levels. Price is above TK. Daily: Mac is crossed up. Chikou is above price. Price testing cloud top. I am long with 2 atr stop. It...
I had fantastic Q2. I am reviewing my trades and taking notes. If you don't have a journal, please do. I use evernote for it. It's awesome. So, we are starting Q3. There are some interesting charts. I will share as set up emerges. Let's take a look at AUDUSD. Monthly: Macd is crossed up. Weak TK cross. TK will provide support in future now. Chikou is coming into...
Hello traders Hope you guys are having a fantastic week. Last day of week is here and month is almost done too. Let's take a look at USDCAD. Weekly : Bearish. Chikou below price but we have to see tomorrows close. Macd is crossed down and price is below kijun, Daily: Below Kumo. Below TK. Macd is crossed down and chikou below price. Bearish. There is also a head...
Hello all Hope you guys are having a fantastic week. There were some nice moves in gbp. Let's take a look at china compsite: Weekly: Macd is crossed down. Chikou is below price. Price is currently testing kijun from below Daily: Price is at kumo resistance and 100 wma. Macd is crossed up. If this resistance holds, which i expect it to, we are going to have a nice...
To wrap up the trading week, let's take a look at eurusd. Weekly: We have doji HA forming this week. Weekly macd is still up. But Tenkan and Kijun are far from price and we can see some retracement here. Chikou is finding cloud resistance. Daily: We have still bullish ichimoku. Macd is crossed down . 4h cloud is broken as you can see for yourself. I am...
Hello all Let's take a look at wheat. Weekly : Price broke LT trendline. Tested it and failed at kumo cloud top twice. This is third attempt and i expect a breakout. Weekly macd is above zero and crossed up.Chikou is above price and price above TK. Daily: Price broke the triangle. Daily macd is above o and crossed up. Chikou is above price. Price above TK. I...
Hey guys Taking a gold short here. Decent risk reward here. Perfect break and trendline test. 4h is bearish. Let's see how this one plays out. Detail analysis will be posted next week. Thanks
Hey guys Hope you had a good weekend. Let's take a look at Shanghai composite. Weekly as you can see has macd crossed down and price is below kijun and currently testing it from below. Daily is below cloud and macd is crossed up but below zero line and coming into resistance again. Daily also below a key trendline. 4h is currently testing cloud top. Why am i...
Hey guys First day of the new month. Last month was great. It started slow but picked up later . Let's take a look at gbpusd. Monthly: Macd crossed up. Ichimoku is bearish. Price above Tenkan sen. Kijun sen is flat Weekly: Macd is crossed up. Price found resistance . Above Tenkan and Kijun and kumo shading above.Chikou is above price Daily: Price is below kijun...
Hello all There are two trades showing up right now. Long gold and long eurusd. Eurusd is bullish on daily and weekly. I am not posting charts here. To join the trend, its meeting both requirements on 4h and 2h. 4h is above kijun and macd up and 2h is breaking cloud. I am long.Target open for now and will be trailing stop on 4h. Thanks again.