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Ichimoku_trader

GBPAUD 60 Min Cloud BreakoutMonthly and Daily Direction is Bearish Have all the requirements for a Cloud breakout: 1. Have A cloud breakout 2. Have a TK cross 3. The Chikou is below price 4. Have a Kumo twist ** increasing this trades probability is the thick cloud and flat Senkou B ** of concern is the up Trend Line Entry = 1.7664 (8 pips below the breakout candle) Stop = 1.7550 (10 pips +2, for spread,above the Senkou A) Risk = 86 pips PT = 1.7206 (10 pips above the 1.618 fib extension)
Short
by AGold54
6
EURNZD 15 Min Potential Cloud breakoutMonthly and Daily Direction is Bearish on the 60 this pair has formed a double top, shown by the Yellow line (unfortunately I can not show, on the 15, the 1st instance of resistance without losing detail) This trade still needs 2 of the 4 requirements, so is at least 90 min away from setting up. Cloud breakout requirements: 1. Cloud Breakout - Still need 2. Have a TK cross :) 3. Chikou is closing below price :) 4. Future Kumo twist - still need ** Additionally, need a close below the daily Tenken Sen (Red line) Entry parameters will be provided once all the Criteria are met
Short
by AGold54
4
EURCAD 60 Cloud BreakoutMonthly direction is down Daily is in the Sell zone All requirements are met for a cloud breakout; 1. Have a cloud breakout 2. Have a TK cross 3. The Chikou is below price 4. Future kumo is bearish 2 Potential entries: First, the breakout entry is 6 pips below the breakout candle (however, since the next candle was a little lower I used that low of 1.4916); Breakout Entry = 1.4910 Stop = 10 pips + 2 for spread above the Senkou B at 1.4965 = 1.4977 Risk = 67 pips Second, Pullback trade: Their is a very strong Resistance level at 1.4956 (blue line) which is a great place to place a limit order Entry = 1.4956 Stop = 1.4977 Risk = 21 pips
Short
by AGold54
2
EURJPY Potential Cloud BreakoutPotential cloud Breakout The Monthly direction is down Pair is in the Sell zone on the Daily and is at major resistance levels Since this trade is several hours away from a set-up I can not provide specific order details That said there is 2 ways to enter this trade: First, on a 60 min close below the Daily Kejun Sen (blue line) Second would be a cloud breakout satisfying all the criteria; 1) a Cloud breakout 2) A TK cross 3) The Chikou is below price 4. A future Kumo twist ** Also the close of the breakout candle must close below the Daily Kejun Sen
Short
by AGold54
CHFJPY 60 Cloud BreakoutMonthly and Daily direction is down and have met a ll the requirements for a Cloud Breakout: 1. Have a break below the Cloud. 2. Have a TK cross 3. The Chikou is below price 4. The future Kumo is bearish 2 Potential entries for this trade: First; The Breakout trade. Entry is 4 pips below the low of the Breakout candle (in this case we have to adjust for round number support) Entry = 112.98 Stop = 113.45 Risk = 47 pips PT = 3xR = 141 pips = 111.57 Second: a Pullback to the 60 Kejun Sen at 113.31 (turquise line on chart) This entry while providing better risk/reward decreases the probability of success. Entry: 113.31 Stop 113.45 Risk = 14 pips PT = 10xR = 140 = 111.91 ** The Blue line on the chart is the Daily Kejun Sen and represents a major Support/Resistance level
Short
by AGold54
DXY Higher High with a possible fake breakout? DXY is inside an uptrending channel. Price is attempting a breakout at the 1hr level. With tenken sen pointing downwards and kijun sen facing upwards, I expect price to go back up and attempt a breakout to the upside and meet kijun sen at the 1hr level. If this were to happen, it represents a reflection point on the channel and DXY could attempt to make a higher high after a recent run of higher highs and higher lows. If price fails to break $96 then it could fall into a sideways channel. Entry: 95.70 SL: 95.45 TP1: 95.95 TP2: 96.20
TVC:DXYLong
by aldairhernandez30
ETHUSD More Sellers on the WayETHUSD looks ready for nice push to the bottom, possibly being the last big dump before cryptos start recovering. On the daily timeframe, price seems to be stuck in this downtrending channel. Linear regression suggests that price is going to fall downwards to at least the previous low of the 12th of September. Down-Top analysis starting with the 1hr shows price ready for a bearish TK cross, if this happens then I fully expect for price to create a bearish TK cross on the daily level and target even lower prices. Entry: 230.14 SL: 254.9 TP1: 161 TP2: 110
BITFINEX:ETHUSDShort
by aldairhernandez30
Silver Quick Buy Idea 8.8Quick scalp trade on XAGUSD. Possible reflection point on the daily timeframe with silver having a steady and slow climb. Hoping to get in on a kijun sen bounce on the daily which coincides with price being unable to break the 4h kumo cloud to the downside. If price is rejected with enough momentum then this trade could be a nice hold if price creates a kumo cloud twist on the daily timeframe. Entry:14.444 SL: 14.285 TP1: 14.660 TP2: 14.913 TP3: 15.294
FOREXCOM:XAGUSD
by aldairhernandez30
Bitcoin’s final destination close to $4920Today’s insights. Although the left chart shows a significant support zone between 5555 and 5920, the OBV indicator still shows a downtrend of volume. The bears rule the game. We separate two time periods for more studies the recent downsides. 2018/01/05 to 2018/02/10: bitcoin price dropped 50% near one month 2018/03/05 to 2018/06/19: bitcoin price dropped 42% near three months Obviously, we see that the recent fear was smaller than at the beginning of this year. Because most of us should know or technical analysed or even mentally prepared that bitcoin will fall to a bargaining level i.e. 4k to 5k. If the support zone lost the name what it is called, then what will we do ? because there is no demand zone any more ! Ichimoku analysis may help you to locate where the support or resistance is. This time we use chinkou span that many ichimoku traders selectively ignored. The chinkou span cross bearish signal occurs when the chinkou span falls below the price. The yellow oval A was telling us that chinkou span lies adjacent kumo, it was not safe to go SHORT. However, the yellow oval B was telling us that chinkou span lies under kumo, it was safe to go SHORT. (i.e. since 7700) Chinkou span fell sharply two days ago and what will you expect the market does (Falling or Rising)? Now, we drew some dotted lines so that you will know how our logic thinking work. Each dotted line tells you the chinkou span hooked either in a V-shape or inverted V-shape. Chinkou span in V-shape means support, while chinkou span in inverted V-shape means resistance. When you look carefully between the relationship of chinkou span and the price, you will see the below findings. Chinkou span 1 @ 7807 : Support became Resistance Chinkou span 2 @ 6874 : Support became Resistance Well, you may discovered that chinkou span is the closing price shifted into the past, the cross that triggers this signal will be 26 days behind the price and, hence, the actual date that the signal occurs. The strength of the signal is determined by the relationship of the price on the date of the signal to the kumo. How about Chinkou span 3 @ 5870 and Chinkou span 4 @ 4921 ? These are the exercises you are going to watch in the next couple of days.
BITSTAMP:BTCUSDEducation
by SoloTraderAU
Trading the chop with zero drawdown. Heffae's Perfect Signals.The fundamental strategy for trading with Heffae Clouds is to use the real-time and cloud interactions as support / resistance. All the colors, lines, and granular detail of the system is designed to assist in determining the validity of Support / Resistance drawn by the Predictive Clouds. All paths drawn with default settings, the clouds are offset from real-time like Ichimoku. Basic Ichimoku comprehension carries over to trading with Heffae's clouds, however there are differences as you go deeper.
BITFINEX:BTCUSD
by SNOW_CITY
1
Top 7 magic Crypto Indicators: #3 IchimokuDear Cryptuminati, Many beginners wonder which indicators to use. That's why I started this series with the 7 best indicators. It is not just any indicators, but those that are best suited for crypto trading. #3 Ichimoku Kinko Hyo Today I want you to meet a crazy indicator. Ichimoku is a complete trading system from Japan. I'm sure you've seen this strange cloud before. At first glance, it causes enormous confusion and looks very complicated. Don't worry, it's very easy to interpret Ichimoku. I use this indicator primarily to detect trend changes. My areas of application: - Trend directions: If the course is above the cloud, this is positive. Below the cloud there is a downward trend. - Trend strength: The thicker the cloud, the stronger the trend. A change in cloud colour must be interpreted as positive (green) or negative (red) according to the new colour. - Entry and exit: A breakthrough in the cloud indicates a change in trend, which you can use for buys or sales. - Stop-loss / partial sales: At the edge of the cloud or in case of a breakthrough. Ichimoku actually consists of several lines. However, I have trimmed the indicator to the cloud visible above. For me, the Ichimoku cloud is a secret chart technical weapon! The other lines are not so important in my eyes. Example: In the upper chart you see two situations. The buy was made when the trend direction changed. I waited until the first candle opened in a new direction. (1) In the first case, the trade did not work. The red cloud was very thick, which can be interpreted negatively. The course hadn't finished downstairs. (2) The second trade was a complete success. The cloud was much thinner, so Bitcoin could easily break through it. The cloud quickly turned green, which is another positive feature. What's the problem? A breakthrough through the cloud can be very dynamic. This leads to further losses. Alternatively, you can use the cloud line as an exit, but often there are turns. For this reason you should include additional chart technical elements! My tips for Ichimoku: - Combine the Ichimoku cloud with trend lines (support and resistance). This will give you a better idea of how likely a trend change is. You can also use the trend line to buy or sell. - Moving averages (MAs) are another trend indicator. You can use them as support. I often work with MAs 14 and 50, the classic setting is MA 50 and 200. I have linked my guide to MAs below. - The Supertrend helps you to recognize a change of trend and to make partial sales. - Look at the higher time level. If you speculate on a rising price in the 4-hour chart, you should look at the daily chart. There you may be able to determine a suitable price target. Conclusion The Ichimoku is an independent trading system. But I only use the cloud. It is a powerful weapon for trend changes. This is very interesting for crypto currencies, as a change of trend often results in larger movements. To get a good time to sell, you can also work with trend lines and MAs. Always include other factors in the trade! This can be an indicator or a technical chart element (support, resistance, Fibonacci). The Eye of the Cryptuminati has spoken. +++++ Did you like the article? Follow me if you like my work and you want me to go on. I post updates on my trades and analyses several times a week! Thank you very much! Risk note: Everything is possible, nothing is necessary. All information is not a buy or sell recommendation.
BITFINEX:BTCUSDEducation
by Cryptuminati