GBP/USD Ichioku Long AttemptAfter a good bearish run this pair has found some support and is now trying to rebound.
We've seen some hard resistance here so I'm looking for a confirmed break of the yellow level to signal a buy for me.
If we can hold above that level I've drawn out 2 partial take profit levels on the way to my overall target.
If we fail to hold our bullish confirmations or if we fail to break out and hold above our entry line, this setup may become invalidated.
Ichimokuforex
USDJPY, 2hr tf, sell below kumo cloud Hello my friends,
Today is such a good day. It is very nice that before weekend i got my positions hit take profit.
Before starting with today USDJPY setup, i am gonna post my XAUUSD setup which i posted at 30 September 2020 just hit my take profit.
I posted to buy XAUUSD at 1889 and take profit was set at 1916.
Price hit TP today, i booked +270pips and banking +6% profit.
This is the link to my previous buy XAUUSD position
OK, let's start with USDJPY sell setup for today.
Based on the 2hr chart you could see price below the kumo cloud and parabolic SAR above the price indicating sell pressure.
USDJPY dropped 60 pips today after Trump announced he's positive for COVID-19, triggering my sell signal to this pair.
Sell USDJPY 105.30-20
Stop loss 105.75
Take profit 103.95
RR Ratio 1 : 3
Use only 1-2% risk
Good luck
Disclaimer : I sold USDJPY from 105.20
If you find this post useful, please give me a like and follow me for my next update
XAUUSD, 1hr, buy above ichimoku cloudHello my friends,
Another buy setup coming for you. This is one of the signal we are waiting for.
All the 3 confirmations needed in 1hr chart are fulfilled.
1st confirmation is price above the kumo cloud
2nd confirmation is kumo cloud color are green
3rd confirmation is parabolic SAR below the price indicating buy pressure
Buy XAUUSD 1889
Stop loss 1880
Take profit 1 @1898
Take profit 2 @1907
Take profit 3 @1916
RR ratio 1 : 3
Use only 1-2% risk
Good luck
GBPUSD, 2hr tf, buy above ichimoku cloudHello my friends,
Another setup i took today is GBPUSD.
Based on the 2hr chart i found that confirmations needed are all fulfilled.
1st confirmation is price above the kumo cloud
2nd confirmation is kumo cloud color are green
3rd confirmation is parabolic SAR below the price indicating buying pressure
Buy GBPUSD 1.2850
Stop loss 1.2800
Take profit 1 @1.2900
Take profit 2 @1.2950
Take profit 3 @1.3000
RR Ratio is 1 : 3
Use only 1-2% risk
Good luck
USDCHF, 4hr tf, buy above the kumo cloudHello my friends,
Today is the last trading day of September so i am just gonna take it slowly.
It is important to pay attention to monthly closing candle.
For today i am gonna take trade on USDCHF pair.
It gave a buy signal on 4hr timeframe so we will try buying it.
All the confirmations are provided by my screener so we will jump to the buy setup.
Buy USDCHF 0.9220
Stop los 0.9180
Take profit 1 @0.9260
Take profit 2 @0.9300
Take profit 3 @0.9340
RR Ratio 1 : 3
Use only 1-2% risk
Good luck
AUDJPY, 1hr tf buy entry in case you missed itHello my friends,
I managed to ride AUDJPY during market open and enter exactly at 74.10 according to my previous post.
Some people might missed this entry chance as price only touch it for a brief time and shoot up after that.
I am gonna share how to enter this pair in case you still want to follow my buy position.
We won't buy at current price because it is not offering a good RR ratio.
It is better to skip this trade if you're left behind because there will be plenty of trade to follow later on.
Wait for price to retrace around 74.30 and initiate buy from this area.
It is better to use buy limit order for this pair setup.
Buy AUDJPY 74.30
Stop loss 73.90
Take profit at 75.40
RR Ratio 1 : 2.75
Use only 1-2% risk
Good luck
Disclaimer : I bought AUDJPY from 74.10
EURCAD, 2hr tf, head and shoulders pattern to materializedHello my friends,
Today trade ideas gonna be EURCAD pair.
This pair currenly moving sideways but if you look it closely, there is a shoulders head pattern forming right now.
Price also already broken below the neckline so i am gonna take a sell position with ichimoku confirmation.
1st confirmation is price below the kumo cloud
2nd confirmation is kumo cloud color are red
3rd confirmation parabolic SAR now above the price indicating sell pressure
Sell EURCAD 1.5600
Stop loss 1.5645
Take profit 1 @1.5555
Take profit 2 @1.5510
Take profit 3 @1.5465
RR Ratio 1 : 3
Use only 1-2% risk
Good luck
GBPAUD, 2hr tf, triangle breakout with ichimokuHello my friends,
Another setup coming for everyone is GBPAUD pairs.
Please give me a like if you find this post useful and follow me for my next update
As you could see there is a trianle pattern forming in my opinion on 2hr tf. Price already confirm the breakout and retesting it.
All the conditions for taking a buy position also fulfilled.
1st condition is price above the kumo cloud
2nd condition is cloud color are green
3rd condition is parabolic SAR now below the price indicating buy pressure
Buy GBPAUD 1.7760
Stop loss 1.7690
Take profit 1 @1.7840
Take profit 2 @1.7920
RR ratio is 1 : 2.3
Use only 1-2% risk
Good luck
Also i am updating one of my trade for AUDUSD which i took at September 17th. This trade hit TP2 for +100 pips and 4% profit banked.
AUDNZD, 2hr tf, sell on retest of resistance with ichimokuHello my friends,
Today i got a nice setup on AUDNZD pairs.
Well this pair is a bit slow to trade but since it come to my screener so i will take it.
Before i start explaining this trade setup, please hit the like button for this post and follow me for my latest updates.
I use the 2hr chart to analyze this pair.
As you can see this pair is below the red colored cloud so we could say this pair is bearish at the moment.
This pair go currently retesting horizontal resistance where it acted as support before.
Parabolic SAR also above the price indicating selling pressure on this pair.
Sell AUDNZD 1.0825
Stop loss 1.0870
Take profit 1 @1.0780
Take profit 2 @1.0735
Take profit 3 @1.0690
RR Ratio is 1 : 3
Use only 1-2% risk
Good luck
Disclaimer : I sold AUDNZD from 1.0825
XAUUSD, 2hr tf, double top with ichimoku confirmation updatedHello my friends,
Today is such a good day!!!
I posted about XAUUSD sell position on September 18th and took sell positions from 1951.
Price nearly took my stop loss and just 10 pips away from it when it move up towards 1960.
My stop loss was at 1961 so it never hit my SL.
Today it closed at TP3 for +300 pips banking 6% profit.
Not only XAUUSD, today 2 of my trades finally hit take pofit as well.
GBPJPY which i sold at 18th September together with XAUUSD from 135.50 hit take profit today and i banked +120 pips or 4%
AUDJPY which i sold from 14th September from 77.10 finally hitTP today for +120 pips as well banking 4%
If you all enjoy my call please follow me and like all my trade ideas
Stay tuned to my next trade ideas
AUDJPY, 4hr tf, sell once again on ichimoku confirmationHello my friends,
Previously i took sell position on this pair and got my SL hit for -60 pips at September 8th. I provide link to my previous post about it as well.
Well i don't mind with the loss as it is normal for a loss, we just learn and move on from it.
I am gonna try selling it again because my screener show this pair again on sell position.
Sell AUDJPY 77.10
Stop loss 77.70
Take profit 1 @76.50
Take profit 2 @75.90
RR Ratio 1 : 2
Use only 1-2% risk
Good luck
AUD/JPY - Ichimoku ShortsThis pair broke down last week and is now holding at a bearish tenkan sen.
I am looking for a push slightly lower to trigger a sell for entry.
I've drawn out a couple targets for partial take profit on the way to my overall target.
As long as we can stay below tenkan sen I'll be looking to add to this position as it falls as well.
If we fail to break lower or if our bearish confirmations change, this setup may become invalidated.
EUR/USD Ready for Longs? - Ichimoku SetupEur/USD has been ranging sideways for a bit now but is starting to look a little bullish here.
We're close to a bullish kumo twist, we have just a bullish TK cross and price is now holding above tenkan sen so far.
I am looking for a break above this flat kumo I've drawn the yellow line at for my entry.
If we can break above that area then we may get a nice push a bit higher.
I've drawn out some price structure targets to take partial profit at along the way to my overall target.
If we fail to break above my entry line, or if our bullish confirmations change, this setup may become invalidated.
GBPJPY, 1hr tf, sell at resistance with ichimoku confirmationHello my friends,
Today i took GBPJPY sell as well.
I analyze this pair on 1hr timeframe to time my entry.
As you can see i marked my sell area which previously acted as support. Price broke below it with strong candle yesterday.
The upwards movement was only a retest and i took sell positions righ after it got back below the marked zone.
Sell GBPJPY 135.50
Stop loss 136.10
Take profit 1 @134.90
Take profit 2 @134.30
RR Ratio 1 : 2
USe only 1-2% risk
Good luck
Disclaimer: I sold GBPJPY from 135.50
AUDNZD, 4hr tf, sell below the kumo cloud updatedHello my friends,
Today i will review my previous positions. I've got 2 positions about to hit TP.
First pair is AUDNZD which i posted at 16th September 2020. I provide the link to previous post so you guys can check it out.
Sell AUDNZD 1.0870
Stop loss 1.0920
Take profit 1 @1.0810
Take profit 2 @1.0745
RR ratio is 1 : 2.5
Use only 1-2% risk
Good luck
This is my trade on 16th September and right now it is floating +100 pips.
I've secured partial profits here and set SL to profit for the remaining position.
This trade took 2 days to move according to my analysis and setup
Congrats to my fellow friends who follow this trade.
Drop a like to this post if you joined me selling AUDNZD
For those who haven't follow me please follow me to get my latest update
Also check my bio
AUDNZD, 4hr tf, sell below the kumo cloudHello everyone,
For today i am going to take sell AUDNZD positon as there is a potential for further downside.
Price now moving below the kumo cloud and parabolic SAR above the price indicating sell pressure. Also noticed there is a small shoulders head pattern on this pair and price already brken below the neckline.
I also add 200-EMA and price below this EMA after breakin it twice.
Sell AUDNZD 1.0870
Stop loss 1.0920
Take profit 1 @1.0810
Take profit 2 @1.0745
RR ratio is 1 : 2.5
Use only 1-2% risk
Good luck
EURJPY, 1hr tf, sell below the kumo cloudHello everyone,
this week i got some positions hit SL as the market going a bit sideways on higher timeframe.
I am gonna try this lower tf setup and play with quick trade for a moment.
For today, i found EURJPY fulfilled all the conditions needed to take a sell position. Now i am waiting for it to retrace a bit to 125.40 before selling it for a better RR ratio.
Sell EURJPY 125.40
Stop loss 125.85
Take profit 1 @124.95
Take profit 2 @124.50
RR ratio is 1:2
Use only 1-2% risk
Good luck
AUDUSD, 4hr tf, sell on ichimoku confirmationHello my friends,
For today i only got this pair which comes to my screener.
AUDUSD fulfilled all the conditions needed to take a sell position.
1st condition is price below the kumo cloud
2nd condition is kumo cloud red-colored
3rd condition is parabolic SAR above the price
I am selling AUDUSD at 0.7270
Stop loss 0.7330
Take profit 1 @.07210
Take profit 2 @0.7150
RR ratio is 1 : 2
Use only 1-2% risk
Good luck
CAD/CHF - Ichimoku Short TradeThis pair broke out nicely last week and I'm looking to hop into a bearish trend continuation.
I am waiting for a break below current price structure to confirm my entry.
I've drawn out my partial take profit levels on the way to my overall price structure target I'm aiming for.
If we fail to break below recent price lows, or if our bearish confirmations change, this setup may become invalidated.
AUD/NZD - Ichimoku Long TradeThis pair found some support and had a bullish kumo breakout towards the end of last week.
This pair tends to be one that trends pretty well.
I'm looking for a breakout above recent price structure highs to enter my long position.
I've drawn out a few partial take profit to aim along the way to my overall target at price structure highs.
If we fail to breakout and above previous price, or if our trend confirmations change, this setup may become invalidated.
GBP/USD - Ichimoku ShortThis pair ended up trending down pretty well and I'm looking for that trend to continue leading up to the US election.
I am looking for a slight drawback higher and a good rejection to enter my sell.
I've drawn out some partial take profit levels to aim for along the way to my overall price structure target.
If we fail to get a rejection lower or if our bearish confirmations change, this setup may become invalidated.
USDCAD, 4hr timeframe, inverted shs with ichimoku confirmationHello guys,
Today is Friday and i hope all of you are going to enjoy weekend.
I will drop this USDCAD analysis before weekend as this is really tempting to take.
I don't have buy position yet but i will soon have it.
So i am gonna share how i am gonna trade this pair to all my fellow friends in tradingview.
Based on the 4hr timeframe you cold see price making an invered shoulders head pattern. It is very possible we could see further upside.
We already got several confirmations needed to take buy position but i am going to make it sure by only buying this pair when it crossed 1.3200 mark.
Buy stop USDCAD 1.3200
Stop loss 1.3140
Take profit 1 @1.3275
Take profit 2 @1.3350
RR ratio is 1 : 2.5
Use only 1-2% risk
Good luck
Also drop a like on this post if you find it useful.
Stay tuned to my next post by following me on tradingview.
EURGBP, 4hr tf, buy on ichimoku + parabolic SAR confirmation Hello my friends,
Another setup for today is EURGBP pairs.
As usual, i only take trade after all my needed confirmations are met.
1st confirmation is price above the kumo cloud
2nd confirmation is kumo is green colored
3rd confirmation is parabolic SAR switched to below the price indicating buy pressure
I am gonna buy EURGBP after it retrace a bit for a better RR ratio
Buy EUGBP 0.9130
Stop loss 0.9070
Take profit 1 @0.9190
Take profit 2 @0.9250
RR ratio is 1 : 2
Use only 1-2% risk
Good luck