DTFXTrading

DTFXTrading Aug 4, 2014

I'm long this one as price seems a long way from its equilibrium on the daily charts so I expect some form of mean reversion back towards the Kijun line at around 1.3523 but the first target would be somewhere around the 1.3440 (the underside of the kumo on the 4 hour chart. On this time frame specifically I have traded a set-up which is a form of a weak...

DTFXTrading Aug 4, 2014

Apologies as the previous post only showed one chart, while I'm looking at three timeframes simultaneously

DTFXTrading Aug 4, 2014

All of last week I was short the AUD/USD and this netted some decent pips. NFP data did stop me out but my tight parabolic SAR trailing stop (4H chart) ensured most of last week's move was bagged. The question is whether the downside bias will continue. I think it will and have entered short as we are testing the kumo from beneath on the daily chart. I expect...

DTFXTrading Aug 4, 2014

Having been at a pivotal point at the end of last week, we can see (on the daily chart) that price conclusively broke below the kumo and I expect a longer-term downward trend. First, we can fully expect price to try and rally to retest the 1.6875 - 1.6890 area from beneath (this area is also confluence with the Kijun on the shorter 4H time frame that I trade off)....

DTFXTrading Jul 31, 2014

I have been short the AUD/USD pair all week on the 4H time frame and this has been a good trade. On the daily, we have no broken through the Kumo to the south and this could potentially see a larger downward move. The smaller time frames show that prices are creeping back up (I think) to re-test this area of the Kumo (0.9321 to 0.9340 area) and trend line above....

DTFXTrading Jul 30, 2014

On numerous time-frames cable is at an interesting point. Having been in a downtrend this past few weeks, looking at the daily chart we can see that price is about to flirt with the kumo one again. Will it pass through and signify a longer-term downtrend or will it find support at the lower side of the Kumo as it has done on the last three or four occasions. One...

DTFXTrading Jul 23, 2014

Another potential set-up on NZD/USD. Kumo maybe broken together with a weak Tenken/Kijun cross. Again, wait for close above and cross to be complete before considering

DTFXTrading Jul 23, 2014

1 Hour Time Frame, potential Kumo break in motion. If it closes above I'll be going long

DTFXTrading Dec 8, 2013

Potential counter-trend short on 60m Apple chart down to Kumo top

DTFXTrading Dec 3, 2013

This Renko Ichimoku Strategy continues to perform well. As previously posted - more of a swing trade approach but can repeated across any instrument. Apple, by way of example, in 2013 has yielded 11 trades to date with 8 winners, 2 scratch trades and 1 small (-$3) loser. Excluding trading costs this would have netted a 65% profit with an average trade lasting 13...

DTFXTrading Apr 24, 2013

The sell-off in Apple has been spectacular and the big question is when to get back in with long positions. I've no doubt Apple is traded well beneath its intrinsic value from a fundamental perspective, but from a technical viewpoint there are few signs of a change in fortune based on Ichimoku principles. The weekly time frame is very bearish which supports the...

DTFXTrading Mar 27, 2013

I've often thought about how to mix my favourite Ichimoku principles & Renko charts - This is pure experimentation of some settings (dont go out and trade it!). However, it did throw up some interesting results using Apple as an example. More of a buy and hold strategy than day to day trading but some pretty reliable signals generated and over a 100% combined...

DTFXTrading Mar 25, 2013

Across time scales the picture for 'cable' (USD/GBP) remains very bearish and the recent bounce looks more like a brief retracement than a reveral in my mind. Applying an Ichimoku perspective the weekly chart (higher time frame) shows: 1) Price below the Kumo, Tenken-Sen and Kijun-Sen = BEARISH 2) Forward Kumo is BEARISH 3) Chikou-Span is below price and in...

DTFXTrading Mar 21, 2013

Price has today smashed through a stubborn flat-top Kumo following a series of higher highs and higher lows after the recent weak-form bullish Tenken/Kijun cross that remains in play. We can expect some retracement in the next day or two potentially back to the Kumo top as prices have gravitated far from the Tenken and Kijun equilibrium lines. If Chikou Span can...

DTFXTrading Jul 20, 2012

From my Perspective - things still look very bearish. Are we heading to 1.2000 Weekly Observations: 1) Price remains well below the cloud 2) Weak-form bearish cross from August 2011 is still in place 3) Price has failed to breach Kijun resistance since October 2011 4) Future cloud is bearish and has resumed a downward trend following a flat-top 5) Chikou is...

DTFXTrading May 10, 2012

Greetings Analysing Cable using Ichimoku Kinko-Hyo I believe we are in the midst of a bullish push on the daily time frames. Here is how I see things playing out: I always look to the higher time-frame for guidance (in this case weekly – please press the 1W button to follow along). Here we are at a pivotal moment for influencing the daily chart. Broadly speaking...

DTFXTrading May 9, 2012

Examining the Daily EUR/USD chart using Ichimoku Kinko-Hyo analysis we can see that the pair has finally woken up following a long period of consolidation and is set to resume its downward path. Fundamental news in recent days concerning the outcomes of the French and Greek elections (generally perceived to have negative implications for the European debt crisis)...