The next candle is important if it stay below the Kumo, we can open sell position Ichimoku Sell signal will be really strong then
The 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...
This 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...
This 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...
I wish i had time Friday to scan for this. This is a classic ichimoku bullish breakout. If you dont know much about Ichimoko I highly suggest you learn it as it will increase your trading consistency. Note that I am using Heikin Ashi candles to eliminate noise during the breakout. Very important!!! Here is the breakdown of what is needed for a Kumo cloud...
Long ichimoku trade, first trade of this week. Lost this one last week, 4H still not perfect. let's test ;-)
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...
The Kiwi has been pushing lower pretty easily since our initial kumo breakout. We are in the middle of a bearish engulfing candle and approaching previous price structure support. If we can break that support then it will confirm our short bias. I've drawn out a couple targets I'll be aiming for. I don't always make this clear, but I wanted to make sure...
AUD/LONG -> new sl placement higher r:r scenario
NZD/USD is priting new lows. The pair is also below the pivot level. The Lagging Span on the 15-min timeframe just broke the current support. I am targeting 2 fib levels lower, as shown. ***Trade at your own risk***
how to use ichimoku clouds indicator for better trading ichimoku clouds or named also ichimoku kinko hyo all in one indicator
I am maintaining a short JPY bias based on the Heiken-Ashi down candle on the 4hr chart.
Holding a long index bias based on persistent Heiken-Ashi up candles on the 4-hr chart.
First trade of this week, adjusted the SL level a bit to get a better r:r on our trades. Let's see how it works out. After 4 trades: +2,77% 2 W 1 B/E 1 L
This pair is attempting to start a bullish trend but has been struggling to break through the price structure we can see just left of where price is currently at. It failed to break through the kumo there in the past so I really want to see that level broken to consider a long. Typically when we do break through a level like that we will see a push up and...
This 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...
This is a bit of a preemptive look at EUR/USD ahead of a potential bearish move. We are close to a bearish Kumo Twist and chikou span is trying to get below price. I am looking for a bearish kumo breakout as my last confirmation to get short. We have a very long term target I'm looking at but I've drawn out several levels to take partial profit or look to...
If we look at AAPL a different way, again - looking at only the technicals - we see the 4 rules of Ichimoku are telling us that this stock is currently: Bullish. That being said, there are some red flags popping up that I have also labeled. We could nit pick a couple more, but I ran out of room and wanted to keep this as simple as possible. 4 Rules: 1) Price...