This pair is currently in the cloud but looks to be setting up to try and have a bullish breakout soon. I'll be looking to enter on a kumo breakout and I've drawn out a few take profit levels I'll be looking to close partial positions at. If our bullish signs or confirmations change to bearish, this setup may become invalidated.
Gold had been on a slight rise last week and the news of the North Korea summit being put on hold send it sharply higher. I am looking for this trend to continue once we get a bullish breakout. We got othe kumo twist we were looking for and it held at tenken sen. I am targeting previous resistance for my TP. If our bullish signs and confirmations change, this...
We rode this one down for some nice profit last week, and now signs have reversed. We've broken up into the cloud then out. I am looking to take advantage of this temporary USD weakness to get in a long position. I am looking for a drop to support then up and back out again with our TP at a strong level of support/resistance. If support fails to hold or our...
We've entered a possible drawback on this pair, but I am still looking for continued USD strength until a reversal is confirmed. I've drawn out the line I want to see broken to enter a sell, and the possible take profit levels as well. If that support level is never broken this trade will be invalidated and I'll look for other chances to get short. If our bearish...
Similar to the EUR, we've been in a downward spiral with this pair and I'm looking for that trend to continue. I am looking for this trend to continue with a sell entry after the break of support I've drawn out. I've also drawn out some possible TP levels I'll be aiming for. This trade setup may become invalidated if our bearish confirmation end.
Sell pullback from Kijun Sen M15
This pair has been on a nice bullish breakout over the past week and a half. I am looking for a wick to test support at kijun for another bullish entry. As well as price has been respecting kijun, I'll be placing a stop just below it which should give a great risk to reward on this trade. I am targeting our previous high of 1.0727 as my take profit. As with the...
This pair has been in a longer term bullish run now and has held strong tenken sen support. I am looking to get another long entry here off a tenken sen bounce trade. I'm setting my stop around kijun since we are yet to fall to it for support. I am tarting our previous high of .9921, but I will close partial there and let the rest run, while adjusting the stop...
Eur/USD has been in a strong bearish trend for week or so now, and we have risen up to test tenken sen. I am looking for a bearish trend continuation sell entry. Ideally we would be rejected here at tenken or kijun which would give us a sell opportunity. For this trade I am targeting our previous low of 1.2060. If we reach it, I will close partial and let the...
Can the 55 EMA hold this time? Notice the times we failed, we were under the 9 & 20 EMA... Not this time... Will it make a difference? I expect so. We need; - The EMAs to flip Bullish (9, 20 & 55, top to bottom sequence.) MACD Bullish cross to hold and RSI to hold 50. Worst case scenario currently, 90 EMA test at $8200-8400 I have Buy orders all the way down...
This Analysis is off the Daily chart and is more of a typical swing trade setup that I love take. I am looking for a break of major support around the .7640 level so I can take a long term sell. I would then look to approach the previous lows around .7514 If we fail to break that support area or any of our bearish confirmations change to bullish, this setup may...
This pair had a nice bullish breakout after being stuck in consolidation for a short time. I am looking for a slight drawback to around the 1.2744 level to look for a chance to enter a buy, if support holds there. I am targeting 1.2800 as my TP level, which coincides with a previous strong area of support/resistance. If our bullish confirmations change to bearish...
This pair got a strong move to the downside last week and I am looking for a drawback so I can get back into that trend. I would like to see a drawback to around the .7245 level and see it hold so I can enter my sell. If that happens I'll enter, and I'll target the previous low of .7157 If any of our bearish signs change, this trade may become invalidated.
As 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...
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...
Just like everybody else in this market, I'l also looking at this chart and trying to piece things together.. I'm using some different settings and ideas to see if anything makes sense, of course anything can happen so we just need to responsible for our decisions during the current state of the market (if we decide to participate) The yellow region is a price...
Nice pull back to the Kijun-sen. Targeting the weekly Senkou Span levels for exit.
Stock moved up too high too fast and will need to correct for short term gains to be captured. Watch for .382 fib level at $10 and .5 level at $8.5. It'd be interesting if we tested the .5 level since it correlates to the 2014 high. Also, VI- looks to be stretched downwards too much which will probably move up soon to create selling pressure.