tradingformoney

tradingformoney

For 8 consecutive weeks feeder cattle has continued to be in control by the bulls. How soon will they start emptying their positions? i have drawn a few waves on the chart, Im not a wave or a xabcd or a abcd pattern trader, However I do understand the concepts but i am no expert on it. which is why I wanted to point out this chart and hopefully someone with...

tradingformoney

...............

tradingformoney

Today on the daily chart of the gbp/jpy, the ichimoku cloud gave a medium strength cross over to the upside, However the cloud is on the verge to flip, meaning as of right now senkou span a is on the bottom of the cloud. Once senkou span a flips to the topside of the cloud that helps determine the strength of the cloud. Next price either needs to break above the...

tradingformoney

ichimoku cloud update On the daily chart of Du Pont or DD, there had been a Strong tk cross over 5/28/14. However price did not break the high of 68.82 (4/4/14) until on 5-30-14 is when price closed above 4-4-14's high. Since the 30th of may, price has slowly risen and is suddenly starting to retrace. There is strong confluence that the market may do a fib...

tradingformoney

On the weekly chart of APA (apache) the ichimoku cloud gave a medium strength t.k. cross over to the long side, how ever if the close of this week is above 94.84 (11/18/2013) this looks to continue to the upside for some time. The Chikou Span is above the high of 94.84 (11/18/2013) Also note that senkou span a and b are sharply rising ( the cloud) both the...

tradingformoney

I wanted to point out that trend trading is trading support and resistance. What do i mean by that? the first thing i want to point out is you need to spot out support and resistance before you place a trade on the long or short side. Did price close above a key level? did momentum break out with it? if the answer is yes then there is a strong indication to the...

tradingformoney

On the daily chart of CAT along with having the ichimoku cloud on the chart, The technical indicator had giving a strong tk cross on the 6th of june in 2014. However when it did cross, price didnt close above the high on the 13th of may. Same with the chikou span closing above the high on the 13 of may until today (6/9/14). Also both senkou span a and b are...

tradingformoney

On the weekly chart of yum, along with having the ichimoku cloud on the chart, you can clearly see that candle stick for 6/2/14 closed above 79.70 with the chikou span closing above that price level as well. Senkou span b is rising with the cloud. this gives strong indication for a very strong long trend.