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Ichimokuforex

NZDJPY, 4hr tf, buy above the kumo as long legged doji appearsHello my friends, Today another setup on JPY pairs. This time it is NZDJPY. I found a good buy setup for this pair as there are some confirmations appeared which consist of: 1. Parabolic SAR now below the price indicating buying pressure 2. Price above the kumo cloud 3. Kumo cloud is green colored 4. Long legged doji which is a price action confirmation Buy NZDJPY 71.15 Stop loss 70.80 Take profit 1 @71.50 Take profit 2 @71.85 Take profit 3 @72.20 RR ratio is 1 : 3 Use only 1-2% risk Good luck Disclaimer : I bought NZDJPY at 71.15 as per this writing
Long
by HayatoDragonFX
3
EURJPY, 4hr tf, sell on ichimoku confirmationHello my friends, Another setup for September 8th is EURJPY pairs. Price already moved lower and gave us the confirmation needed to enter this sell position. We're now waiting for a retracement for a better RR ratio before selling this pair. 1st confirmation is price below the kumo cloud 2nd confirmation is kumo cloud color are red 3rd confirmation is parabolic SAR now above the price indicating sell pressure Sell limit EURJPY 125.40 Stop loss 126.10 Take profit 1 @124.70 Take profit 2 @124.00 Use only 1-2% risk Good luck
Short
by HayatoDragonFX
1
AUDJPY, 4hr tf, sell on ichimoku confirmationHello my friends, Today i got trade ideas for AUDJPY pairs. This pair just came to my forex screener as there are some confirmations that have to be fulfilled for sell postion. All the confirmations needed are: 1. Price making lower low and lower high 2. Price break below the kumo and holding below it 3. Kumo cloud are red colored 4. Parabolic SAR switched to above the price indicating selling pressure I am not selling this pair right now as it is not offering a good RR ratio right now Wait for price to retrace a bit before entering sell Sell AUDJPY 77.10 Stop loss 77.70 Take profit 1 @76.45 Take profit 2 @75.60 Use only 1-2% risk Good luck
Short
by HayatoDragonFX
2
XAUUSD, 4hr tf, sell on triangle breakout with ichimoku updatedHello my friends, Today is such a good day for me. I posted about selling XAUSD on September 4th from 1937, price took my sell order and today it was closed in profit This XAUUSD sell position which i took on September 4th closed with +280 pips profit banking +4% profit as i used 2% risk only. Price go down to 1908 area and then get rejected aggresively. That 1908 area is where exactly our take profit placed. Congratultions to everyone following this sell call from me. Follow me and give me thumbs up if you enjoy my call. Also stay tuned for my next post.
OANDA:XAUUSDShort
by HayatoDragonFX
3
EURNZD, daily timeframe, buy on strong support rejectionHello my friends, I just found an interesting opportunity at EURNZD pairs. This pair has been going down for 600 pips from the recent rally. In my opinion this looks like an exhaustion after a fierce 1100 pips upward movement. I tried to analyze this chart using fibonacci retracement and this pair seems to respect 61.% fibs retracement. There is also ichimoku cloud support, horizontal support and EMA-200 at this 1.7600-1.7550 area so we could say this is an area of confluences. I am going to buy EURNZD at the beginning of Monday to try this opportunity. Buy EURNZD 1.7590 Stop loss 1.7450 Take profit 1 @1.7730 Take profit 2 @1.7870 Take profit 3 @1.8010 RR ratio is 1 : 3 Use only 1-2% risk Good luck
Long
by HayatoDragonFX
2
EURUSD, 4hr tf, sell below the kumo cloudHello my friends, EURUSD is on my trade ideas / watchlist as well. With USD gaining strength right now, we could possibly see price going down for this pair. I will wait for price to retrace around 1.0830 before initiating my sell positions. We already got confirmation such as the price below kumo cloud and parabolic SAR switching from below to above the price. Entering at current price not offering a good RR ratio so we will wait for a retracement Sell EURUSD 1.0830 Stop loss 1.0875 Take profit 1 @1.0775 Take profit 2 @1.0715 RR ratio 1 : 2.5 Use only 1-2% risk Good luck
Short
by HayatoDragonFX
1
EURCHF, daily timeframe, buy above the kumo cloudHello my friends, I just got this fresh from the oven of my tradingview forex screener. This pair has been in consolidation for 6 weeks and yesterday candle finally showing some strength in bulls. We got all the confirmation needed to take a long position. 1st confirmation is price above the kumo cloud so we only looks to buy. 2nd confirmation is Parabolic SAR finally switched from above the price to below it, indicating buying pressure Buy EURCHF at 1.0800 Stop loss at 1.0745 Take profit 1 @1.0855 Take profit 2 @1.0910 Use only 1-2% risk Good Luck Disclaimer : I am buying this pair from 1.0800
Long
by HayatoDragonFX
1
XAUUSD, 4hr tf, buy above the kumo cloud updatedHello my friends, This is my XAUUSD buy position i posted yesterday. I posted about it to buy at 1963 with stop loss at 1950. In just 1 day, price go along with our position and hit TP 2 for +260 pips profit. I already take partial profit and remaining positins got SL at profit as well. This mean i am on risk free positions even if price reversed against me. Congrats to everyone following this buy call. Stay tuned for my next call on other pairs as well simply by following me on Tradingview. Good luck
OANDA:XAUUSDLong
by HayatoDragonFX
GBPCHF, daily tf, bulls in control after 3 weeks consolidationHello my friends, Here is a good setup for GBPCHF pairs, price has failed to closed above 1.2030 resitance since August 3rd. The first time GBPCHF reach it, they got rejected and price then consolidating for 3 weeks. Finally the Friday candle closed above it and i think GBPCHF ready to go higher from this point There is a chance during Monday, price could go down to retest 1.2030 as a support, this will be our cue to buy GBPCHF on the retest. I am gonna buy GBPCHF if it come to retest it on Monday. The nearest resistance is at 1.2200 area, after price breaking above this area it could be a highway until 1.24500 Buy GBPCHF 1.2030 Stop loss 1.1890 Take profit 1 @1.2200 Take profit 2 @1.2450 RR ratio 1:3 Good luck
Long
by HayatoDragonFX
A Golden Opportunity - XAU/USD Ichimoku Long TradeGold hit an all time high before falling down and testing support. It's been moving sideways a while now an is finally starting to show some more bullish signs. We've risen up and above the kumo, we're close to a kumo twist, and chikou span has started to rise. These are all beginning signs that we may try to establish another bullish trend. As the second wave of Covid starts to hit accross Europe we may see gold start to push upward again. I'm looking to enter on a break above recent resistance. I've drawn out an overall target of recent price structure highs as well as some partial take profit levels along the way. If we fail to break resistance or if our bullish confirmations change, this setup may become invalidated.
OANDA:XAUUSDLong
by The808Trader
GBP/USD Rebound - Ichimoku Long SetupThis pair finally broke up and beyond the resistance it's been stuck at. We're in a nice bullish trend and I'm looking for a good entry to try and get long. I've drawn out this setup expecting a drawback to test our previous resistance level which could now act as support. When you trade ichimoku the concept is pretty simple, wait for a trend to establish, then look for a good place to get into. From a high level that's all I'm looking to do in all trades, including this one. I've drawn out some partial profit levels to look for if we can indeed get a drawback and good entry. If support fails to hold, or if our bullish confirmations change, this setup may become invalidated.
Long
by The808Trader
USDJPY, daily tf, potential shoulders head pattern below kumo(2)Hello everyone, I am updating my recent USDJPY position taken at 106.40. I took my first sell position at 25th August 2020 and price just start going my way at Friday. It first went against my position but luckily it never hit my SL so i am still safe. I've taken partial profit as price hit 105.40 which is +100 pips profit. Stop loss already moved to entry and now i will hold this pair for next TP at 104.00 I am actually quite interested to add more sell position but tomorrow will be monthly candle closing so i will hold it until September. Good luck to those who sell USDJPY with me
Short
by HayatoDragonFX
CADCHF, daily tf, sell on break of ascending supportHello my friends, I hope you all enjoyed weekend. I just checked some pairs for September trading plan and this pair looks very interesting to me. This pair not yet filtered by my screener but i think it will soon come to my sell position screener. What i am waiting for now, is a confirmation that price break below the ascending support line with a solid candle close. The moment that parabolic SAR indicator switch from below to above the price, it will fully confirm to take sell positions. Notice also there is a possibility bearish divergence forming on stochastic. I posted this in advance to let my fellow friends know it before hand so we will take sell position together when it confirmed. As long as price holding above the support then we will not take sell position yet. Only sell when we got our confirmation. The trade will look like this when it is active Sell CADCHF @0.6870 Stop loss @0.6955 Take profit 1 @0.6765 Take profit 2 @0.6670 RR ratio is 1 : 2,35 Use only 1-2% risk Good luck
Short
by HayatoDragonFX
GBPCAD, daily timeframe, bullish flag pattern materializedHello my friends, Another pair come to my screener and this one is one of the good pair to trade. I got some confirmations for GBPCAD to take buy position. 1st confirmation is price breaking above the bullish flag resistane 2nd confirmation is price bouncing of conversion and base line of ichimoku 3rd confirmation is ichimoku cloud is green indicating bulls are in control off this pair 4th confirmation is parabolic SAR finally moved below the price after lasting for 3 weeks above the pair I am going to add buy position to this pair, i took 1st buy position at 1.7345 from 2 weeks ago and still holding it. It never hit my stop loss so i never close it. Buy limit GBPCAD 1.7370 Stop loss 1.7200 Take profit 1 @1.7575 Take profit 2 @1.7950 RR ratio is 1 : 3.4 Risk only 1-2% equity Good luck
Long
by HayatoDragonFX
1
EURGBP, daily timeframe, ascending trend line break downHello my friends, I am currently testing a new interesting screening method for charting and trading. This is the first trade i took with this methods and I am currently testing it to see the performance. I already tried some backtesting so i am gonna try putting it to real trades now. I am going to use the combination of Parabolic SAR and Ichimoku. Sell EURGBP 0.9020-10 Stop loss 0.9080 Take profit 1 @0.8960 Take profit 2 @0.8900 Take profit 3 @0.8840 Disclaimer: I've sold EURGBP from 0.9020 Use only 1-2% risk of your equity Good Luck
Short
by HayatoDragonFX
EUR/JPY Long Term Ichimoku Short TradeThe Euro has been on a tear fora while now and it may finally be losing some steam here. This pair broke out bearish last week and now I am looking to hop into the bearish trend for as long as it will hold. I've set my entry at what should be close to tenkan sen as I'll be looking for a rejection there to enter the sell. I've drawn out several targets to take partial profit at on the way to my overall target. If we fail to reject at tenkan sen or if our bearish confirmations change, this setup may become invalidated.
Short
by The808Trader
Swiss Fade? USD/CHF Ichimoku Long TradeThis pair has been ranging for a while now and I'm watching to see if we have some upside potential. I want to see price break recent price structure resistant as my trigger to buy as you can see from my entry line in yellow. Overall we have a good risk to reward here but it is a longer term play if it does activate. I've drawn out several partial take profit levels on the way to what would be my overall target. We're close a bullish kumo twist which may help confirm that we are about to try and head higher. If we fail to break the price structure resistance at my entry or if our bullish confirmations change, this setup may become invalidated.
Long
by The808Trader
EUR/USD Ichimoku Long Term ShortThis pair formed a lower high last week before finally crashing through the kumo and closing below it. We are on the verge of a bearish kumo twist, and chikou span is below price with plenty of room down below. I am watching for a break of this recent price structure at the bearish breakout we had to enter my short position. We're at an interesting place here considering how long of a bullish run this pair has been on. It's left plenty of room to the downside should the dollar decide to fight back a little. I've drawn this out as a very long term trade with multiple partial take profit levels to aim for along the way. If we fail to break below price structure support or if our bearish confirmations change, this setup may become invalidated.
Short
by The808Trader
1
GBP/CHF Major Ichimoku Short Opportunity We've been playing around this price awhile now and seem to be pushing back down to test this level one more. If we can break and hold below this price structure level we should get a much further push down. This may happen pretty quick after market open so we'll need to watch it closely. I've drawn out multiple targets on the way to my overall target at a previous kumo twist. If we fail to break lower or if our bearish confirmations change, this setup may become invalidated. 
Short
by The808Trader
GBP/CHF Bearish BreakoutThis pair shot up a bit last week but since then has been forming lower highs. I am looking for a bearish kumo breakout to coincide with a bearish kumo twist to confirm that it is time to try and push back lower as people rush back to safe havens like the Swiss Frank. I've drawn out some partial take profit levels on the way to my overall target. If we fail to maintain bearish confirmations, or if we fail to break down and hold below the kumo, this setup may become invalidated.
Short
by The808Trader