If you've followed me for an period of time you'll know I've been bullish on oil since it hit $25 a barrel. With the US exporting oil now, and OPEC limiting supply I am anticipating oil to rise long term to around the $80 level. In this instance we are lined up with technicals as well as our kumo twist completes to a bullish cloud. This will be a long temr swing...
I've been bullish long term with oil for a while now. I am looking for a strong brekout to help get oil back to previous highs. This is a little bit more of a swing trade as it may require holding for a few weeks. The technical also line up with the fundamentals from a supply and demand perspective. As long as the fundamentals remain the same and they don't...
This pair has risen above the cloud but we've gotten away from tenekn and kijun which have flattened. I am looking for a buy opportunity, but I want to see a draw back first with price holding at the flat part or the cloud. As long as that happens and we get the bullish kumo twist we need for confirmation I'll enter a buy position. If we fail to hold support or we...
The USD's strength finally started to wane at the end of last week. We've risen back up into the cloud here and I am looking for a potential buy if we get a bullish kumo breakout with confirmations. I am still waiting for the kumo twist to complete which will serve as a major confirmation for me. I've drawn out some potential targets with blue lines should the...
This pair has worked its way back up to the cloud where I am looking for a rejection with confirmation to enter a sell, targeting our previous low. As long as we see a rejections and our signs stay bearish, I will look to enter. If our signs change to bullish then this trade may become invalidated.
f you're in the mentorship group, we caught this trade at the way up and grabbed some profit already. If you look left you'll notice that we're stuck in a consolidation zone where we've been bouncing back and forth. This is a little different than my main Ichimoku strategy but I am looking for the bouncing to continue with a tight stop. My goal is catch the bounce...
This pair has failed to rise back above kijun sen, so I am looking for a continued bearish move downward. This would also play in the the fundamentals of the dollar losing some strength as these interest rates continue to rise. I'm looking to enter here on a dip downward with a nice risk to reward ratio. I will probably close partial if we hit this TP and let the rest run.
For those of you who have been following me for a while or have been in my free trade room for any period of time, you'll probably know how much I love trading oil. I live in West Texas near the largest oil plays in North America so I have a pretty good pulse with what is happening in that arena. I've been bullish on oil since $25 and even stronger bullish after...
We had a nice bullish breakout last week and with the fall in the price of oil, I am looking for this bullish trend to continue. We've fallen down to just shy of kijun sen. I am looking for this pair to find support there and buy on a rejection, looking to climb to previous highs. If kijun sen does not hold as support then this trade may be invalidated.
This pair found its bearish legs again last week and I am looking for that trend to continue. I am watching to enter a sell off a tenken sen rejection. If that happens I'll enter m my sell with a stop loss just above kijun sen. If our bearish confirmations change to bullish, this trade may be invalidated.
This pair has been moving in the cloud for a while now, and I am looking for a possible buy. To enter I will want to see our bullish confirmations hold and a strong kumo breakout. With the government shutdown news, this may not progress the way I am hoping, but I am keeping an eye on it none the less. If any of our bullish signs change to bearish, then this trade...
The Kiwi has broke out and below the cloud here. I'm not sure USD will have the strength to keep up this run, but I've laid out a possible trade if the strength does continue. I am looking for a break below a minor level of support around .7266 if we can get below that level then this pair should continue to the downside and test the bigger support/resistance...
Gold found itself falling back down to support on the daily will all the positive USD news that hit last week. Now that the effects have started to diminish, it is holding at kijun sen. If we can hold support here I will look to enter a long, targeting our previous high of 1362, with a potential second target of 1370. If price fails to hold here, or our bullish...
Despite the crazy bullish news for the USD last week, this pair managed to stay above the cloud. I am watching for a bounce off kijun here to our previous high of 1.2505 as price bounces around in this consolidation zone. All signs currently remain bullish, but any change to those confirmations may invalidate this setup.
This pair has tried rising and has failed to make it to support. As long as our bearish confirmations hold, I will be looking for a sell entry. I am watching for a break below our current candle targeting close to the low of the long bearish wick we saw last week. If any of our bearish confirmations change, this trade may become invalidated.
This pair has fallen down to the cloud and we have a flat kumo that may act as support/resistance. If we find support and get a kumo breakout I'll look to enter a buy position. I am targeting my previous high. as my TP.
If our bullish confirmations don't hold, this trade may be invalidated.
This pair has been holding a consolidation zone, and I am looking for breakout of the cloud to look to get in a bullish breakout. Looking at the daily we are also holding support and look set to try and continue the bullish run its been on. If we don't get a bullish kumo breakout, or bearish confirmations hold, then this trade will be invalidated.
