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Ichimokuforex

EUR/GBP - Ichimoku Big Drawback SetupThis is a big drawback play that I've been watching on the daily. We are also headed towards a bullish TK on the 4 hour which leads me to believe we are about to have a major drawback despite our traditional bearish signs here. I am looking for a push up above our current candle, aiming for where our TK cross is taking place right now. If we complete the bullish TK cross on the 4 hour, I believe we will see this TK cross rejection occur, and and the TK formation go back to bullish. This is a drawback setup though, so by nature it is higher risk, so if I enter I'll only be risking 1% of my capital. If we fail to rise above the current candle or form a bullish TK cross on the 4 hour, this setup may become invalidated.
Long
by The808Trader
2
AUD/JPY - Ichimoku Drawback SetupThis setup comes from the daily, watching for a drawback. I've zoomed in here on the 4 hour so you can see the setup a little closer. Remember that drawbacks are by nature a little more risky than trend trades since statistically a trend is more likely to continue than to end. So, if we get the break below the current candles we'll have I'll be risking about 1% of my capital here. I may extend my TP out if it continues to fall, signalling to me in that case that we might have gotten in on an early reversal. If we fail to break lower or we don't maintain the separation of price to tenken sen on the daily, this setup may become invalidated.
Short
by The808Trader
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
EUR/JPY - Ichimoku Trade SetupWe had a long move sideways last week before finally break up and out of the kumo. There are two ways I can look to enter a buy here. I've set this entry at a break above previous resistance. As an alternative I can wait for a good support candle at tenken sen or kijun sen for an entry. As long as we can break above the entry I've shown above we should be able to hold support and climb higher. If we fail to break higher or hold support at tenken sen or kijun this setup may become invalidated.
Long
by The808Trader
GBP/USD - Ichimoku Short Trade SetupI'm moving to the daily chart for this analysis, so this will be a swing trade instead of our typical short term trade. We rose up at the end of last week and met the kumo cloud and kijun sen acting as resistance. If this resistance holds we can look for a sell. I am setting a sell entry below our current candle, but as an alternative I may take a sell at the kumo cloud if we have a good rejection candle. I'm setting a TP level at our previous structure low. If we fail to get a good rejection candle or break lower, this setup may become invalidated.
Short
by The808Trader
2
Ichimoku projection targetsNow that Monday trading has gotten underway an N Wave structure to the bull side has presented itself in the daily time frame. I've added some targets I believe price will get to before i recalculate/analysis where it's headed next. V and N Wave targets seem to be our likely turning points as it lines up nicely with a flat Kijun and a close resistance point back on the 18 July 2018. I've also added a E Wave calculation but i'll reassess when we pass the first two targets.
Long
by DoubleBomb
GBP/NZD - Ichimoku Short Sell SetupWe've had a textbook kumo breakout with some secondary chances to enter a sell at our typical bounce trades. I am looking for another tenken sen rejection here for a possible sell to the next major support zone. I've set my entry level below our current candle hoping to catch that move down. I will also take partial profit at our previous candles low if we move lower. If we fail to break lower or hold resistance at tenken sen then this setup will become invalidated.
Short
by The808Trader
GBP/JPY - Ichimoku Short Sell SetupWe had a big bearish move last week before this pair finally found support and retraced all the way back up to kijun sen. It is still holding resistance here and I am watching for a continued move down with an opportune time to enter. I've set my sentry level at tenken sen hoping to catch a move down if we see our bearish price movement continue. I've set my TP near our previous price structure low, but we may even push past that if we can get the bearish impulse to break lower. If we fail to break lower or stay below kijun sen here then this setup will become invalidated. 
Short
by The808Trader
EUR/USD - Ichimoku Sell SetupThis pair had a bearish breakout last week before finding support and rising back up the kumo. This also lined up with a rejection at kijun sen as well making it a pretty strong zone between the bottom of the kumo and kijun sen. I am looking for a this area to act as resistance and for price to drop back down to previous lows. I've set my entry below our current candle with my stop loss at the kumo. I may also take a smaller lot size with a stop loss at kijun sen if we rise back up to the kumo. As I mentioned my TP is previous structure low. If we fail to break lower or hold resistance between the kumo and kijun sen, this setup will be invalidated. 
Short
by The808Trader
2
Ichimoku Three Theory (the end of the trend series)This is the end of the trend i've captured from start to finish (including my previous posts) of how one can trade Ichimoku (i hardly even included the five lines, thats a whole other theory which i use in conjunction). Hopefully if you are someone who is starting out or wanted to learn a bit more about the power Ichimoku analysis from the start of a reversal to the next, these six or seven post have helped in some way. If you have any questions don't hesitate to ask, i did these posts as i noticed I was receiving new followers even tho i don't post my trades like used too.
by DoubleBomb
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
USD/CAD - Ichimoku Long Trade SetupAfter a sizable drop USD/CAD is back near the top of the kumo. Tenken and Kijun have gone a little flat here meaning we've lost some momentum, but I am watching for a possible bullish breakout here this week. I would still like to see a bullish kumo twist complete to help confirm a buy entry as well as a move up above our previous resistance we've been seeing. We've got a good risk to reward here once we see those things happen. It may take another drop down to tenken sen or the kumo before that possible move up even happens, if it happens at all. If we fail to hold support or get the breakout we're looking for, this setup may become invalidated.
Long
by The808Trader
3
USD/CHF - Ichimoku Long Trade SetupWe've already grabbed some nice profit from this pair from this textbook bullish run but steam has run out a little bit here as we've started to move sideways. I am watching for a drop to kijun sen and a good support candle to hold to look for a long entry. If we get that, I will enter a buy and get long, targeting our previous high from the end of last week. Alternatively we could also watch for a breakout above this consolidation zone we've been stuck in for a couple days now. If we fail to hold support or break higher this setup will become invalidated.
Long
by The808Trader
AUD/JPY - Ichimoku Short Trade SetupThis pair had a nice bearish breakout last week and has been holding our brearish trend so far. I am looking for a good opportunity to get in a short position. I've drawn my entry at previous support that could act as resistance for us, should we get the rise I am looking for. I want to see this small move up and a nice rejection candle as confirmation to enter where I've laid it out. If we see that confirmation I'll enter this sell targeting our previous kumo twist as a good TP level. Alternatively we could look for a break below our recent low candle as an entry, but we lose a lot of the risk to reward there. If we fail to get the rejection or break lower, this setup will become invalidated.
Short
by The808Trader
gbpusd long 8.2Daily support trendline drawn underneath, I am looking for a bounce off of this trendline and for the GBP to turn bullish. This pair has already attempted a bullish TK cross on the 3rd of Sept with price finally breaking the cloud on the 17th and reaching a high on the 20th. I am looking for price to bounce from the trendline and attempt another cloud breakout, this time reaching higher highs. This would coincide with price testing kijun sen on the weekly level as it is too far away from tenken sen. This trade could possibly be a long term hold depending on how price reacts at the weekly resistance level. Entry: 1.29925 SL: 1.294 TP1: 1.33 TP2: 1.3477
by aldairhernandez30
USDTRY Long Idea This is an active trade i have going on. I think that this pair may push up to higher highs pretty soon as long as price pushes out of this triangle shape that it seems to be respecting. The reason why I am expecting this pair to push up is because this pair has had a TK bullish cross on the 1hr level as well as the 4hr level. My entry was at 6.0639, three periods after this pair had its bullish TK cross and it is in profit. What I want price to do is for it to crush the 4hr flat kumo level and break the resistance line of the triangle. Once this happens, I fully expect the USD to go past the $7 level. If these events happen then this pair could also push out of the kumo cloud on the daily level. If price is rejected at the 4hr kumo cloud, setup may still be valid as long as the ascending support line is not broken. Entry: 6.0639 SL: 5.895 TP1: 6.458 TP2: 6.8 TP3: Past $7 level
Long
by aldairhernandez30
USD/CHF - Ichimou Long Trade SetupWith the USD strength last week we saw a kumo breakout and a rise up above previous resistance. I didn't get in the original breakout but I'm looking for a drawback to the previous resistance area I drew a line at for entry. If we get that drawback and support holds I will look to get into a long position. I'm targeting a flat area on a previous kumo cloud as my target. If we fail to get a drawback or hold support on that drawback this setup may become invalidated. 
Long
by The808Trader