Hello all Hope everyone is having a fantastic weekend. I was doing my weekly analysis and was looking at AUDUSD. This is not a trade setup. Just a correlation study. If you guys see here, i have a chart of copper up and purple line is audusd. Copper is in downtrend from 2013 which ended in 2017 and it's trading above monthly kijun now and currently testing...
Hello friends Hope you are having fantastic week. I have couple of positions open. I posted about T-note few days ago and its going well. There is long opportunity there again. Let's take a look at gold. Weekly: Macd is above zero line and crossed up. Chikou is above price. There is a big trendline in play here as well. Daily: I don't have macd here. Just atr...
Hey guys Hope you guys are having a good week. I am taking AUDUSD long here. Let's take a look Weekly: Price is in a triangle formation. Macd is crossed down. Weekly kumo support held so far. It is neutral picture as price as in the cloud. Daily: Price broke the trendline you can see in the charts. Broke kijun and macd is crossed up. Broke 4h cloud and pulled...
ok guys. Here are my 2 cents on spx500.. Weekly: Absolutely bullish chart . Price stalled at resistance making it a double top with macd crossed down. Daily: Kijun held and there has been two attempts to break it already. Cloud is getting thinner and macd is crossed down as well. Chikou is still above price. If it breaks kumo, chikou will be below price as well...
Hey friends Trading week just started. Let's take a look at gold. Monthly: Price tested kijun sen and bounce. Not shown in charts. I like to keep an eye on bigger pitcture. Weekly: Macd is crossed up and we have nice reversal last week. Price is still in cloud and testing Tenkan sen.We have chikou above price however. Daily: Macd is crossed up and i want HA...
Hope you guys are having a fantastic week. I am currently short nasdaq ,long gold and long bonds . Bonds were taken long last week and gold yesterday. Lets take a look at NQ. Weekly: Bullish but some divergence in macd histogram Daily: Sharp reversal from highs. Bullish chart above kijun 4H: Cloud break and you can see divergences on macd . I was expecting...
Hey fellow traders I haven't posted much lately. Not that i am not trading but I wasn't seeing any setups in my trading portfolio. Summer is here and these months are usually low liquidity months. There is a set up coming up in 10yr T note. Weekly: Macd is crossed up and we have price testing Tenkan sen right now which is acting as support. Can this be a higher...
Hey guys Corn market is interesting right now. Weekly: Price is just being bid at kijun sen but failing to break out. Macd is crossed down. Daily: It is a chop fest but daily macd is again crossed down.It is still in channel. I expect this to resolve sooner or later . I am currently monitoring it for potential trade set up. My bias is it breaks down to the...
Hello traders New month is here and new trades. I noticed a set up in wheat.Let's take a look: Monthly: Its not shown here but you can see macd is crossed up and hadelta is above zero. Possible higher low . Weekly: Kumo is shading price. Ha delta is below zero still. Price made new low and we have green candle to start the week. Chikou reversing after hitting...
Hello all I came across this interesting set up which i wanted to share. Let's take a look at GILD.. Weekly: Strong downtrend. Only thing to see is macd has no momentum now to downside.Ha delta about to go above zero line. Daily: Its been in downtrend from a year now. Did not follow any rally in indices. So, earnings are coming up this week. There is also a...
Another set up for me this week is AUDNZD. Let's take a look.. Weekly : Key reversal at support. Chikou is above price. Kijun held as support. Macd is crossed up and we are going to see a hook. Those are powerful. Hadelta most likely above zero at next candle. Daily: Price above Tenkan now. Macd crossed up. Ha delta above zero. Chikou is in past candles. I'll...
Hey guys Hope you guys are having a fantastic weekend. Let's take a look a gold as this week it will move. There is some event risk coming up. Weekly: Price stalled at multi month trendline. Ichimoku is neutral as price is in cloud . Chikou hit past candles. However, hadelta is above zero and macd is crossed up. Price is above tenkan and kijun Daily: Price is...
Hey guys I was going through my stocks watchlist. I came across this stock .Let's take a look. Weekly is extended as you can see. Price is swing wide of kijun sen and macd got no momentum now. Daily is still bullish but divergences can be seen on macd. How to trade it? Wait for weekly reversal candle and daily kijun break and then let price make a lower high...
Hello everyone Let's take a look at usdcad. Weekly: Price is holding kijun very nicely. Chikou is still above price. Macd is above o and crossed above. Price is in the cloud. So, ichimoku is neutral with bullish bias. Daily:Choppy trading once daily cloud broke but it held nicely. Price can be seen in a channel.Now, price is above tenkan and kijun . Chikou is...
Hey guys Just another trade setup. EURAUD is holding monthy support if you go to monthly charts, you can see that. Weekly is between tenkan and kijun and macd is crossed up. Daily is trying to breakout of cloud. Chikou is above price now and macd above zero and can see cross in coming day or two. There is long term trendline coming in play here. Once it...
Hello traders Hope you guys are having a good week. This is my first set up of this week, Let's take a look Weekly: Chart is bearish. Price failing to break above cloud. Now it is stuck between tenkan and kijun. Worth noting is macd which is crossed down. Hadelta is right at zero line Daily: Price rejected by cloud. Back below Tenkan and Kijun. There is a...
Hello friends Pretty quiet markets for me. I am not seeing much in my system. In the meantime, i am just reading some books. No point forcing any trade. I was going through my secondary list and noticed this set up. I do not trade gbpusd as it is not in my time zone but setup looks good. So, i bought some today.. Weekly.. Price struggled at kijun for a while and...
Hello friends NQ looks like it setting up for short. Let's take a look Weekly is bullish. Macd is crossed up. So, we have to watch for macd here . Weekly kijun is swing wide too,. Daily macd is crossing down with price reversing from highs testing kijun support right now. Also macd is diverging from a while now. I expect some pullback here and pause in rally...