EURUSDUptrend should continue for a target @ 1.143. Wait to see if price makes pullback before entering.
Ichimokuforex
USDCADThis swing trade setup has good Risk to Reward. Looking for price to continue up throughout the week, target set for 1.33500
EURSUDCurrently in short from 1.12400 with a target of 1.11700.
For updates & in depth analysis see my telegram link below.
Ichimoku values and theories - connecting with othersIf you are someone who has worked with Half values and theories of Ichimoku, you'll understand the constant study which goes into perfecting the art, especially if you don't speak the native language of Japanese (birthplace of Ichimoku)
This will seem odd to the western traditional traders approach to Ichimoku but wanted others to see how the practice is a deep rabbit hole one needs commitment to understand.
Any questions or feedback is welcome.
Looking for others who have some traditional back-ground into Ichimoku trading to share different perspectives on the art.
More volatility = Gold up? - Ichimoku XAU/USD Trade SetupIf you're in the membership then you made an absolute killing on this last week and we're going to continue to look for chances to get long, if they present themselves. I am looking for price to fall a little lower to test at or near kijun sen to get long. If we get a good reaction with price either get a good support candle or bounce right off of it, I'll enter a buy. I am targeting previous price structure highs, but if you look left of current price we can aim for price structure and wicks along the way. As an alternative entry we can look for a break above the previous candle to get long, but it is a little more risky and diminishes potential risk to reward. If we fail to get a good to support, or to actually hold support, this setup may become invalidated.
USDJPYLooking for price to move up, currently in a long position from recent support. Price may move down to make a double bottom from support below.
EURNZD SWING TRADE This is my 2nd setup for EURNZD, check related ideas to see! Expecting this to drop further throughout the week with 3 targets in mind.
Aussie Strength Waning? - Ichimoku GBP/AUD Long Trade SetupAfter a long down trend, the pound finally found some footing. We are entering the kumo and I am watching for the possibility of a new bullish trend to form as the GBP tries to claw it's way back. As the week progresses I'll be watching for a bullish kumo breakout and completion of the kumo twist to bullish to help confirm it's time for an entry. I've set my entry at a flat spot on the kumo which should act as a good gauge if we'll make the move up or not. If we can close through that level we should try and climb quite a bit higher. If we fail to break through the kumo or hold price structure support, this setup may become invalidated.
Euro on stable ground? - Ichimoku Eur/USD Long SetpIt's been a while but the Euro finally found some footing against the dollar last week as more trade war rumors swirled. Since we are moving in an established trend I am looking for that trend to continue, but I want to see a drawback first. This is NOT an order I will set as a buy limit, I will watch and wait for a drawback and make sure there is a good support candle to get long on. Since that is the case, this stop loss is a rough estimate of where I believe that could be, but I will probably set it a little below the support candle or wick that could form. If we fail to get a drawback or hold support, this setup could become invalidated.
prices beneath the cloud & lagging span breaks through the cloudThat's what I see for the moment. This chart is telling everything.
Cheers
A Kicking Kangaroo? - AUD/USD Ichimoku Long Trade SetupThis pair has finally found some support before entering into the current consolidation zone price has been stuck in. I am looking for a break and close above the recent price structure resistance we've seen for a chance to get long. Some of this movement may be volatility based with the US news and tariff war going, so we may get a push pretty fast depending on how that situation develops. With NFP also coming down the pike, we will need to be aware that it could affect things drastically as well based on the data that is released and how the market receives it. If we fail to break price structure resistance to our entry level, or if we break down lower out of the current consolidation area, this setup may become invalidated.
Kiwi Ready to Rise? - Ichimoku NZD/USD Long Trade SetupThis is the same setup as last week as we continue to watch this develop. We have formed a new higher lower but I still want to see that break of price structure resistance before I open a long position. There may be some volatility this week as more Trade War rhetoric is hashed out by the Trump administration. It may give us the push this setup needs to get a bullish breakout. If we can't break through that price structure resistance or if we break back down below our new price structure lower high, this setup may become invalidated.
