Thought it will bounce but entered the cloudWanted to enter 296 but did not fulfil my order instead started dropping and conversion line appear to cross below the base line will see where it it heading and waiting for new entry.
Ichimoku_trader
Decided to break up and then break downapparently it was a fake break out to the upside first hit my buy order and then next trading day it hit my stop loss, lets wait to see where it is heading now certainly will wait until the conversion line crosses above the base line.
Kumo TwistKumo twist indicates bright future for Adobe and kumo breakout finally gives us the signal that we have been waiting for I have netered @500 and placed my stop loss below the cloud.
is the 6 months consolidation over?Printing higher lows and higher hows is the first sign of an uptrend, the conversion line has been dancing with the base line for a long time, but now it looks like conversion line has a lift off. We can place a stop loss just below the cloud which luckily not too far from the price now where we can enter guarantees us a nice risk reward ratio.
Breakout from the symmetrical triangleExpecting to go more up since it broke out from the multi month triangle conversion line crossed above the base line and now it is above the cloud. green line entry and red line is the stop loss.
Good buy opportunity after consolidationAfter this short consolidation period the conversion line crossed above again the base line which gave us a buy signal
Stock split brought us discount in the pricehowever will it reach to new highs? The cloud tells me that it will both conversion and base line pointing upwards and exiting the cloud. As long as apple stays above the cloud we have more potential to the upside and still printing higher lows. I have placed a buy order @130 with a stop loss @113 just below the cloud and the base line.
Same pattern forming as AmazonMicrosoft forming the same pattern as amazon after a long consodilation in the symetrical triangle the volitalty is shrinking and the conversion line already crossed above the base line I have placed a buy order @220 which need to be fulfilled once we break out from the triangle
Is the consolidation over?Amazon can break out the cloud and continue to the upside I have placed a buy order at 3280 when we reach that price probably the conversion line will cross above the base line and continue to the upside red line will be my stop loss level, currently it is ranging within the symmetrical triangle I have placed the buy order in case it breaks out
Will AMD go above 3 digits?Conversion line Bullish and above base line both are above the cloud and pointing upward
I entered at 85 (green line) and have a stop loss below the base line at 80
ichimoku cloud- Part 1 just talking about iichimoku base
skip from how this japanese indicator will calculate and focusing on how we can use this powerful indicator
sorry
1- let to consider base line
(BL) and convention line(CL) are EMA, BL is fast and CL is slow. so all the rules of EMA's are applicable for these lines also.
2- lagging line (LL) is a line chart just 26 candle back. i mean if you see the chart in line chart mode it will plot a line for you, now shift it for 26 candle back so you have LL. lagging
3- the color of the cloud is not important just take long above the cloude and take below the cloud.
4- just whach when the price is inside the cloud.
the first simple strategy is here, now let to backtest.....
Ichimoku cloud signalPrice above the cloud and the 2 conversion lines. Have a r/r ratio of at least 2 and proper risk management.
AUDJPY ICHIMOKU SAYS OF SELLINGGreeting Traders.
We have shown two lines here, one is red and blue which is red one is Kijun Sen and one is a blue line is called Tekken Sen.
when the blue line crosses the downside of the red line, the movement of the market will be down
Right now I think the movement of the market will be down.
Thank you.
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AUDNZD - key momentWe are in a downward trend.
KUMO is facing down, SSA is facing down.
SSB flat and will be for some time, as long as the new MINIMUM in the period 52 is not broken.
Flat SSB can substantially impact the PRICE (attracting it to itself), which can further strengthen SUPPORT AREA A (the area between 1.05349 and 1.045283).
CHIKOU SPAN is also approaching SUPPORT AREA A and in the Week 1 chart of the SSB line, which additionally strengthening the support zone.
The critical moment will be the breakthrough of SUPPORT ZONE A; the PRICE after a possible retest of the zone will move towards TP1 (ranges N and V levels 1.04552 and 1.04336 respectively).
The next TP2 is set to range E, which coincides with the next level of support.
The rebound (possibly even several times) of the PRICE from SUPPORT AREA A negates the above scenario. It will cause the PRICE to consolidate, which may change the direction of movement (trend).
CHFJPY - in CONSOLIDATION ( ICHIMOKU)STRONG CONSOLIDATION
The flat KIJUN SEN, TENKAN SEN, SENKOU SPAN B (SSB) indicate that we are in consolidation in all periods (short, medium, and long).
CLOUD flat confirms consolidation.
PRICE fluctuates (oscillate) around the marked BALANCE AREA but currently has a downward trend tendency.
Breaking the 116.269 or 113.593 will signal that a trend (up or down) appears.
CHFJPY
COVID19 AND THE VIX -- daily Ichimoku cloud breaksin the recent past, when we see a Ichimoku Cloud break in the VIX ( Volatility S&P 500 Index ) we see a strong acceleration upwards. The most recent example of this was on 13 Feb 2020
Inversely proportional to the VIX , the S&P 500 Index had a significant breakdown, represented on 21 Feb 2020
Since COVID19 outbreak, governments around the world have been scrambling to control their domestic economies by stimulus and monetisation of debt stoking Global Hyperinflation, and now real people are starting to feel the economic effects of Lockdowns and COVID19 travel and border restrictions.
Currently TVC:SPX is entering the cloud, and the VIX is coiling to break through the cloud.
This is true for other Major Indices around the world.
Northern Hemisphere is entering their "winter flu season" and USA has their contentious Presidential Election looming in NOV. This could be shaping up for a BIG BOUT of VOLATILITY....
$4672.50 in 2006 to $6.00 - Huge Demand, Robust EarningsPacific Ethanol, Inc. produces and markets low-carbon renewable fuels and alcohol products in the United States. The company operates in two segments, Production and Marketing. It produces and markets ethanol; and co-products, such as wet and dry distillers grains, wet and dry corn gluten feed, condensed distillers solubles, corn gluten meal, corn germ, corn oil, dried yeast, and CO2, as well as markets ethanol produced by third parties. The company also offers ethanol transportation, storage, and delivery services through third-party service providers. It sells ethanol to integrated oil companies and gasoline marketers; distillers grains and other feed co-products to dairies and feedlots; and corn oil to poultry and biodiesel customers. The company owns and operates nine ethanol production facilities, including four plants located in the Western states of California, Oregon, and Idaho; and five plants in the Midwestern states of Illinois and Nebraska. Pacific Ethanol, Inc. was founded in 2003 and is headquartered in Sacramento, California.
I think this is the beginning of something huge. As I noted, the stock hit a high of $4672.50 in 2006.
Demand for Alcohol products in the United States and around the World is outstripping supply as can be seen in Pacific Ethanol's last earnings report below.
The company continues to pay down its debt too.
August 11, 2020
Shares of Pacific Ethanol (NASDAQ:PEIX) moved higher by 38.29% in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 258.82% over the past year to $0.27, which beat the estimate of ($0.20). Revenue of $212,074,000 beat the estimate of $174,200,000.
This is a pure turnaround play in my opinion with a lot of room to run a lot higher.
Daily Chart is Bullish with most indicators trending up, Bullish
The stock continues to make new 52-week highs.
Long!
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XAUUSD, 4hr tf, sell on triangle breakout with ichimoku updatedHello my friends,
Today is such a good day for me. I posted about selling XAUSD on September 4th from 1937, price took my sell order and today it was closed in profit
This XAUUSD sell position which i took on September 4th closed with +280 pips profit banking +4% profit as i used 2% risk only.
Price go down to 1908 area and then get rejected aggresively.
That 1908 area is where exactly our take profit placed.
Congratultions to everyone following this sell call from me.
Follow me and give me thumbs up if you enjoy my call.
Also stay tuned for my next post.
GBPCHF, daily tf, bulls in control after 3 weeks consolidationHello my friends,
Here is a good setup for GBPCHF pairs, price has failed to closed above 1.2030 resitance since August 3rd. The first time GBPCHF reach it, they got rejected and price then consolidating for 3 weeks. Finally the Friday candle closed above it and i think GBPCHF ready to go higher from this point
There is a chance during Monday, price could go down to retest 1.2030 as a support, this will be our cue to buy GBPCHF on the retest.
I am gonna buy GBPCHF if it come to retest it on Monday.
The nearest resistance is at 1.2200 area, after price breaking above this area it could be a highway until 1.24500
Buy GBPCHF 1.2030
Stop loss 1.1890
Take profit 1 @1.2200
Take profit 2 @1.2450
RR ratio 1:3
Good luck
USDJPY, daily tf, potential shoulders head pattern below kumo(2)Hello everyone,
I am updating my recent USDJPY position taken at 106.40.
I took my first sell position at 25th August 2020 and price just start going my way at Friday. It first went against my position but luckily it never hit my SL so i am still safe.
I've taken partial profit as price hit 105.40 which is +100 pips profit.
Stop loss already moved to entry and now i will hold this pair for next TP at 104.00
I am actually quite interested to add more sell position but tomorrow will be monthly candle closing so i will hold it until September.
Good luck to those who sell USDJPY with me
GBPCAD Possible LongPossible Golden TK Cross on daily timeframe may send this pair flying. My entry point was a bit risky due to the bearish cross on the daily but this pair found some good support off the weekly level (touched TK on the weekly and bounced right up). Given that, I found a good entry point on the 4hr timeframe that allowed me to have great RR ratio. The momentum of the bounce has this price almost ready for a golden cross.
If we follow the momentum on this pair, the golden cross on the daily timeframe may yield a bullish golden cross on the weekly level pushing this pair to higher levels. If this occurs, the weekly levels of .8400 could be possible. This would coincide with the monthly bullish cross, retest of both Kijun Sen and Tenkan Sen to the upside.
Entry: .73586
Stop: .7300
TP1: .76450
TP2: Open
