Hello friends I am out of all trades. Tomorrow is month end, week end and quarter end. I would like to enter next week fresh. This is my top pick for next week.Let's take a look. Weekly had initial run which ended in january and it has been pulling back since then. Currently sitting at kijun and 55 dma. Macd is crossed down.Chikou is above past candles...
Very nice set up coming up in 10 year. TL rejection on daily . 4h rejection with divergence. Lower high on 2h and i'll enter on 2h cloud break. Let's see Thanks
Hello Here is my short idea for audcad. Target is weekly kijun . I am not shorting at market. I need a new low and that's where my entry is. Let's see how this one plays out. I still like usdcad to short side too. Thanks
Hello everyone Just noticed oil triple bottom on 4h chart. Macd is diverging. Divergence can stay for long time without any significant price move as it can just be a correction in time. How to play it: Wait for macd to cross over zero and chikou to clear past price candles. I'll buy some then with stop below triple bottom. Can be a good trade. Nothing to do for...
Will be taking a long eurgbp on first reversal candle. Nice risk reward here. macd is above 0 line and chikou is above past candles. 1h has breakout. Let's see how this one plays out.
Hey guys My equity shorts are going well. Good start to the week. Keep an eye on usdcad here. This is still counter trend trade with good risk to reward ratio. I expect more weakness once 1.32 level goes. But it is worth a shot. I'll wait for this 4h candle close below kijun sen and macd cross. This pair keeps getting rejected at the cloud. Daily is not the...
Hey guys Keep an eye on this pair. This pair broke out of daily cloud and the trendline few days back. Now testing kijun and trendline. It can be a nice long entry here targetting 0.91-0.92. I'll be watching this on lower tf and taking entry as it comes. Thanks and happy trading
Just another pair I am watching. Weekly is bullish. Only thing to notice is flat kijun sen. Daily macd is crossed down and price is currently at kijun. 4H price is below cloud and long term trendline is gone. Also, ichimoku is bearish This is initial wave lower imo and there will be pullback later and that is when i will jump in. Thought to share with you guys.
Hello all Pretty quiet trading week for me so far. But SPX 500 is giving a nice short entry here. A major support has been broken. I was looking for a retest and failure after intial sell off. It got rejected at 4h kijun and 200 sma. The risk to reward here is 3:1. I am taking this entry. Fundamentally, there is some problem coming up with healthcare at White...
Another trade i'll be taking next week. USDCAD is flagging . 2:1 risk reward here. It is bearish on 4h and 2h . Can't trade it on weekly daily yet. Let's see how it plays out.
Hello all There is lot of talk about dow hitting highs every day and every one saying stocks hitting record each day. So , here is what i am watching. JNK bonds have already broken daily cloud and currently pulling back VIX had very thick kumo before and it failed to break that. Look at kumo now. Very thing and macd right on zero line NQ is still bullish but my...
Taking a quick short as there is nice risk reward here targetting weekly flat kumo base. Let's see how it plays out.
Hello all FOMC is done and dusted and there are lots of setups . Let's take a look at audusd. I was expecting bounce on weekly and it did. Look chikou in open space now. Price bounced from supertrend and macd is rising. Bullish scenario Daily is bullish as price closed above kijun . Macd is still down but close above kijun is enough for me. I don't use daily...
Very nice set up in eurjpy. I did not enter earlier as i wanted to see the weekly close. Weekly bounced from keep support as shown and shows a very nice candle. Daily chikou is above price and we have to see next candle to see where chikou is. Above 55 sma. My long entry is based on weekly chart not the daily. The resistance level is shown and we have nice...
Hello all Just a quick post on corn. Not showing weekly chart here . But weekly is at resistance. Daly is in 7 month long channel and there is trendline there too. looks like it attempted to break it. I will be watching this closely . Any spike higher towards kijun and failure is swing sell targetting previous lows. Let's see how this plays out. Good luck everyone.
Hey guys. Just a quick post on oil. I took this entry earlier today. Let's take a look Weekly: Prices are consoidationg from 3 months in a tight range. kijun is flat and we have hadelta hovering near 0 with bearish cross. Daily: Kumo is still thick. But hadelta is below zero line. 4H: If you look at 4h chart, it was broken a few times . But problem was prices...
Hey guys Hope yoiu had good trading week. I'll be posting few charts this week. I tried eurnzd long few days ago and got stopped out. I was little early in my entry. Here is what my thoughts are : Weekly; Hadelta above 0 now. Weekly is coming into kijun sen. So it is still bearish Daily: Daily is where is gets interesting. We got clean breakout. There is...
Hello friends Hope trading is going well. Feb was quiet month for me. I did not had too many setups on my timeframe and my pairs. Took wheat long at close yesterday. Reasons are: On weekly, i see bullish consolidation as ha delta is above 0 and price is above trendline. Chikou above price. Daily is bullish. Price is above Tenkan now and hadelta is above 0. I saw...