Ichimokuforex
GBP/JPY - Profit fatter than Rossie O'Donnell? Time will tellAs the Pound rampage has continued we've been on a nice bullish run with this pair. We've dropped down to test kijun sen once, otherwise this pair has been strong to the upside. I am looking for another bullish entry on a drawback to tenken sen, with a stop loss set just below kijun sen. I am targeting our previous high as my first TP, where I will close partial position. From there I will let the rest run, adjusting my stop loss periodically. If tenken and kijun fail to hold support, or our bullish signs change, this setup may become invalidated.
GBP/CHF - Will the GBP Rampage continue? Ichimoku thinks so....This Swiss Franc has been dealing with some economic weakness lately, and the Pound has been on a bit of a rampage.I am looking for a buy into into a trend continuation with this pair. I want to keep a tight stop loss so I'll be setting it just below kijuns sen which has been respected this entire bullish run. I'm going to target just beyond our previous high for my first TP level. If we hit it, I will close partial position, and let the rest run, adjusting my stop loss periodically. If our bullish signs change, this setup may become invalidated.
EUR/JPY Long - Ichimoku Trade SetupThe Euro has been on a nice bullish run here making higher highs and higher lows. I am looking for a drawback to kijun sen, similar to the last higher lower, to look for a buy entry. My first TP will be our previous high where I'll close partial position. I will then let the rest run, adjusting the stop poss periodically. If our bulllish confirmations change to bearish, or kijun support doesn't hold, this trade may become invalidated.
Waitting for LONG NZDUSD In this 9 days.Too busy no time to analyze any symbols because I had returned back to program some MES & ERP for auto robots production lines.
But I still watch charts and got some good results for NZDUSD.
Because I had closed 2 LONG orders at 0.7350 in last week and take care that when trading in again.
After G-H, there is a middle wave at I and supported above SPANB, then break on the H2 point with an up N wave to J where I had closed.
From the time, H1-I is 33 days and H1-J is 51 days and H-J is 40 days and down at 41 number. Also, I-J is number 17 and completed N wave.
So it is normal for down in this 9 days. But I don't want SHORT it, and I think it needs back to SPAN and Kijyun lines and turns up again in the 5th wave.
So I will stay at 0.7290-0.7300 to LONG it again. Here is S wave too and it will be a point K.
Then it will be G-H-I-J-K to with a big N wave for G-H-I to future.
There is the target in next 41 days from the point I.
NZD/USD - Ichimoku Long Trade IdeaAfter some weakness the kiwi has started to find its feet again. I am looking for a kumo breakout and kumo twist as confirmation of a buy entry. If we can get those confirmations, I'll look to enter at the kumo breakout targeting our the previous waves high of .7347 If we never get those last two bullish confirmations , this trade setups may become invalidated.
Trade War Gold - Ichimoku Trade IdeaWith all the economic news and trade wars starting to ensue, uncertainty tends to come with it. In times of uncertainty investors tend to turn to gold, and this has been no exception with the massive spike in gold we had last week. I am looking to hop in this trend on a drawback and feed off the trade war volatility. I am looking for a drawback to the 1337 level to enter a long position, targeting our previous highs of 1360 as a swing trading target. If we fall down through support or any of our bullish signs change, this trade may become invalidated.
EUR/NZD - Ichimoku Long Trade IdeaThis pair has been on my radar since the initial breakout. I am looking to enter a second position once we get a drawback to support. I am looking for price to fall a little and to be met by tenken sen to look for my buy entry and confirmation. I am still targeting our previous high as my TP, but I will probably only close partial position there and let the rest roll with an adjusted stop loss as long as the trend holds. Keep in mind there is a lot of news this week that could invalidate this trade this week, expect high volatility, and always be sure to protect your capital first, before worrying about growing it.
EUR/CHF Breakout Trade IdeaThis setup is very similar to our last EUR/CHF trade we entered below. I am trading the consolidation zone here. What I'm looking for is a breakout of the zone in either direction to enter a trade. This consolidation makes sense with all the upcoming news we will see this week. A push outside of this zone should hold and I'll look to enter whatever direction price takes. I don't have particular TP's in mind, instead I'll just adjust my stop loss as this pair moves.
WTI OIL - Ichimoku Long Trade IdeaIf you've followed me for an period of time you'll know I've been bullish on oil since it hit $25 a barrel. With the US exporting oil now, and OPEC limiting supply I am anticipating oil to rise long term to around the $80 level. In this instance we are lined up with technicals as well as our kumo twist completes to a bullish cloud. This will be a long temr swing for me as I target previous highs.
EUR/CHF Long Ichimoku Trade IdeaThis pair has risen above the cloud but we've gotten away from tenekn and kijun which have flattened. I am looking for a buy opportunity, but I want to see a draw back first with price holding at the flat part or the cloud. As long as that happens and we get the bullish kumo twist we need for confirmation I'll enter a buy position. If we fail to hold support or we don't get the final bullish confirmations I'm looking for, this trade may become invalidated.
GBP/USD Long Ichimoku Trade IdeaThe USD's strength finally started to wane at the end of last week. We've risen back up into the cloud here and I am looking for a potential buy if we get a bullish kumo breakout with confirmations. I am still waiting for the kumo twist to complete which will serve as a major confirmation for me. I've drawn out some potential targets with blue lines should the trend hold. If we fail to breakout or our confirmations change, this trade could be invalidated.
GBP/NZD Ichimoku Trade IdeaThis pair has worked its way back up to the cloud where I am looking for a rejection with confirmation to enter a sell, targeting our previous low. As long as we see a rejections and our signs stay bearish, I will look to enter. If our signs change to bullish then this trade may become invalidated.
EUR/CHF Consolidation Range Trade Ideaf you're in the mentorship group, we caught this trade at the way up and grabbed some profit already. If you look left you'll notice that we're stuck in a consolidation zone where we've been bouncing back and forth. This is a little different than my main Ichimoku strategy but I am looking for the bouncing to continue with a tight stop. My goal is catch the bounce down to the highest lower bounce we've gotten in the past. Please be aware news may change this, but we have a tight stop so I'm good with entering this sell an looking to grab the pips and get out of this one.
Daily Trade Plan 2018.02.27 For GBPJPYYesterday GU SHORT was closed with S/L -88pips, NU LONG got 20pips and GJ LONG got 15 pips(price was down in the midnight)
At the end of month, UJ always YenTaka(Japan Yen is asked).
For GJ, in H1 chart, excepted Three Yaku Kouten is failed and Chikou line is going to bad.
So will focus SHORT and target will back to 148.
Daily Trade Plan 2018.02.23 For GBPJPYHad missed the double top model's break of UJ and now is -80pips for the holding LONG order, but LONG UJ again at 106.77 yesterday and GU SHORT got +35 pips and GJ SHORT got +54pips.
Look at GU, turn back even below the mid-price of Haguro weekly candle then it seems to become to P wave in a top term(Tenjyou Kousei). The time is 7-5-5, so will expect a small return and above the mid-price of Haguro in this 5 days.
Then we can see the Chikou line will cross the candles and be stoped under the candles again.
UJ is too difficult and still need to be confirmed that the front lower price is a bottom. From A-now is number 75, from C-now is number 52, from C2-C3-yesterday is 12(13) and C2's E value has arrived too.
So it still needs to confirm Tenkan Cross in this number 17 from Feb 16.
For GJ, the trade target is SPANB if it goes up way in H1 chart.
And if it is broken from triangle's downline then I will expect the price go to 148 again.
Daily Trade Plan 2018.02.22 For GBPJPYGU SHORT got 40 pips and GJ LONG got 33 pips then this month is 641 pips and this year is 1063 pips. And keep a LONG order of UJ at 107.5.
Follow Haguro, now GU is faced Chikou line's break and it is very important. If it is crossed then we can see an N wave or not then it will become a P wave on the daily chart.
UJ is finished Tenkan back and now will small return is normal. So even H4 or H1, can LONG after return. But if down under the Tenkan line of the daily chart then needs SHORT.
About GJ self, below the cloud and three crosses are all bad so SHORT is natural on the daily chart.
On H1 plan, follow the big triangle break, SHORT is clear. Only LONG just on the day's SPAN.
USD/CHF Bearish Ichimoku Trade IdeaThis pair has failed to rise back above kijun sen, so I am looking for a continued bearish move downward. This would also play in the the fundamentals of the dollar losing some strength as these interest rates continue to rise. I'm looking to enter here on a dip downward with a nice risk to reward ratio. I will probably close partial if we hit this TP and let the rest run.
EUR/USD Long Ichimoku Trade IdeaThe strength of the USD has started to falter a little bit with all the interest rate raises in rapid succession. I am expecting the US economy to do well, but the strength of the dollar to continue to fade, especially with the likely rate hike coming in March. On the technical side we've found support and held here at Kijun so I am expecting to to rise back to the zone that we've been stuck in. It also offers a nice risk to reward. I've placed my future stop loss just under where price had held at support on the last dip.
WTI Oil Ichimoku Long IdeaFor those of you who have been following me for a while or have been in my free trade room for any period of time, you'll probably know how much I love trading oil. I live in West Texas near the largest oil plays in North America so I have a pretty good pulse with what is happening in that arena. I've been bullish on oil since $25 and even stronger bullish after $40+. I will continue to look for opportunities to buy as oil supply remains limited. We did just have a kumo breakout here and the kumo twist is in the middle of happening. I'm looking to hold a long term swing back up to the $64+ range. I believe based on fundamentals that oil will hit $80+ before the end of 2018. I'll continue to watch and take entries like this one, to hold long term.