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Ichimokuforex

Aussie Oi Oi Oi! - Ichimoku Long AUD/USD Trade IdeaWe rode this one down for some nice profit last week, and now signs have reversed. We've broken up into the cloud then out. I am looking to take advantage of this temporary USD weakness to get in a long position. I am looking for a drop to support then up and back out again with our TP at a strong level of support/resistance. If support fails to hold or our bullish confirmations change to bearish, this setup may become invalidated.
Long
by The808Trader
Swiss Cheese and Profit? Ichimoku USD/CHF Trade IdeaThe Swiss Dollars has been on a text book bullish breakout and run over the past few weeks. We've finally started to fall down and test Tenken Sen. If we break below Tenken Sen the I will be looking to sell on the drawback to Kijun. We can also confirm this early by watching the 1 hour and 4 hour charts for a bearish breakout since I know it can can mess with your psychology to counter trend trade on a larger chart. If we fail to have a bearish breakout on the smaller time frame charts or we fail to break below Tenken Sen on the daily, this setup may become invalidated.
Short
by The808Trader
EUR/USD Death Spiral to Continue? Ichimoku - Short Trade SetupThe US dollar continued its rampage last week as this pair slid even lower. I am looking for this trend to continue over the following weeks, but I want to see support broken to get short. We've bounced twice at this level so I really want to see it clearly broken to enter my short. I've drawn out some possible take profit levels I'll be aiming for if I do enter. This trade setup may become invalidated if our bearish confirmation end. This trade idea may seem a little risky to most but I carry a different philosophy than a lot of the traders out there. Many trader at this point would be looking for this pair to reverse, where as I am looking for it to continue. Statistically when a trend is confirmed and in motion (a longer term trend anyway), it is more likely to continue than to end. Therefore I continue to look for entries until there's a confirmed reversal. You'll see this sentiment carried out across the vast majority of trades. 
Short
by The808Trader
Battle of Island Nations - Ichimoku AUD/NZD Trade IdeaThis pair has been on a nice bullish breakout over the past week and a half. I am looking for a wick to test support at kijun for another bullish entry. As well as price has been respecting kijun, I'll be placing a stop just below it which should give a great risk to reward on this trade. I am targeting our previous high of 1.0727 as my take profit. As with the previous trades I will close partial there and let the rest run, adjusting my stop loss periodically. If our bullish confirmations change to bearish or support doesn't hold at kijun sen, this setup may become invalidated.
Long
by The808Trader
2
Swiss Cheese and Profit - Ichimoku USD/CHF Long Trade IdeaThis pair has been in a longer term bullish run now and has held strong tenken sen support. I am looking to get another long entry here off a tenken sen bounce trade. I'm setting my stop around kijun since we are yet to fall to it for support. I am tarting our previous high of .9921, but I will close partial there and let the rest run, while adjusting the stop loss as it rises. If we fail to hold support or our bullish signs change to bearish, this trade may become invalidated.
Long
by The808Trader
A Running of the Bears in Europe? Ichimoku EUR/USD Short IdeaEur/USD has been in a strong bearish trend for week or so now, and we have risen up to test tenken sen. I am looking for a bearish trend continuation sell entry. Ideally we would be rejected here at tenken or kijun which would give us a sell opportunity. For this trade I am targeting our previous low of 1.2060. If we reach it, I will close partial and let the remaining portion run , adjusting my stop loss periodically. If we don't see a rejection or our bearish confirmations change to bullish, this trade may become invalidated.
Short
by The808Trader
CAD/CHF <<Wait confirmation for Short>>Good start trading week Good start of trading week at all, I propose the analysis version on this couple, because it is present in my weekly watchlist! Good reading to everyone. W1 = Starting from the weekly chart we can see that prices are supported by a long-term trendline, despite the double maximum on resistance (red) where prices have plummeted down, the trend in my opinion remains bullish and the phase too. Entering Ichimoku we see that despite there being a trend, the indicator does not respect the balance, this because the bullish has been very slow. However, even if he can not tell us if there is equilibrium or not he always remains a faithful friend regarding the reporting of important levels. First level that I identify and report: the Kijun. I leave this chart with the idea of looking for a short, as the training course teaches, but to have further confirmation or denial I have to go down time-frame. D1 = Turning to the daily chart, there is a downward trend, due to the fall in prices after double max and a bullish phase. Ichimoku makes me immediately notice that the Kijun Weekly coincides with an extension Ssb * in this time frame. I point out the Kijun Daily and observe that it has remained far behind the prices, this indicates some need to retrace to return to equilibrium also below us has formed a twist of the kumo that opens the passage if the prices want to go down. OPERATIVITY = In the 4 hours known that the prices have broken the Kijun and have taken the bearish fold that we have been waiting for a while. At this point we will not go now but wait the next important level that can give us an entry is the Ssb *, which as we often know is respected as a trendline as it accompanies the prices. You could take advantage of the break in 4h and the retest in the same level, to take part in the price drop with objective Kijun Daily and stop to be defined on the basis of price trends, but always on the 4h. >>If you liked this analysis you can put like >>If you think like me or not you can comment I'm grateful, thank you
Short
by tradeforbreakfast
CAD/CHF <<Wait confirmation for Short>>Good start trading week Good start of trading week at all, I propose the analysis version on this couple, because it is present in my weekly watchlist! Good reading to everyone. W1 = Starting from the weekly chart we can see that prices are supported by a long-term trendline, despite the double maximum on resistance (red) where prices have plummeted down, the trend in my opinion remains bullish and the phase too. Entering Ichimoku we see that despite there being a trend, the indicator does not respect the balance, this because the bullish has been very slow. However, even if he can not tell us if there is equilibrium or not he always remains a faithful friend regarding the reporting of important levels. First level that I identify and report: the Kijun. I leave this chart with the idea of looking for a short, as the training course teaches, but to have further confirmation or denial I have to go down time-frame. D1 = Turning to the daily chart, there is a downward trend, due to the fall in prices after double max and a bullish phase. Ichimoku makes me immediately notice that the Kijun Weekly coincides with an extension Ssb * in this time frame. I point out the Kijun Daily and observe that it has remained far behind the prices, this indicates some need to retrace to return to equilibrium also below us has formed a twist of the kumo that opens the passage if the prices want to go down. OPERATIVITY = In the 4 hours known that the prices have broken the Kijun and have taken the bearish fold that we have been waiting for a while. At this point we will not go now but wait the next important level that can give us an entry is the Ssb *, which as we often know is respected as a trendline as it accompanies the prices. You could take advantage of the break in 4h and the retest in the same level, to take part in the price drop with objective Kijun Daily and stop to be defined on the basis of price trends, but always on the 4h. >>If you liked this analysis you can put like >>If you think like me or not you can comment I'm grateful, thank you!
Short
by tradeforbreakfast
2
Loonie to see profit here? Ichimoku- Long trade idea for USD/CADThis pair had a nice bullish breakout after being stuck in consolidation for a short time. I am looking for a slight drawback to around the 1.2744 level to look for a chance to enter a buy, if support holds there. I am targeting 1.2800 as my TP level, which coincides with a previous strong area of support/resistance. If our bullish confirmations change to bearish or if support doesn't hold at my entry level, this setup may become invalidated.
Long
by The808Trader