For my weekly FUTURES Analysis I employ ICT Price Action Concepts. I utilize the Ichimoku Indicator for my Retracement Levels and to manage my Intraday FUTURES trades throughout the trading session.
Using concepts founded by ICT (The Inner Circle Trader) and my overlay using the Ichimoku Indicator, I am forecasting a Bullish Dollar for the month of March. Analysis of the Dollar is important; it being the default World Currency, having and idea of its movement will aid in your trading decisions.
EGX30: Accumulation Phase didn't end yet. $ & Value Stock will lead.
We finally see FTM breaking the downward trendline yesss! Now there are 2 short term scenarios that could happen: Bullish Continuation We need see price breaking above 0.33 that would confirm bullish bias to the upside Target: 0.38 - 0.40 area Bearish Continuation Price would correct itself down to liquidity area. Target: 0.24 - 0.20 area We'll see how...
Overall DOGE has been moving in an upwards rising channel which is mostly known for a breakout or breakdown pattern. It could lead either to a super strong bullish move taking it upto 10 cents or even more or it could just break down until it completely reverses all that it has grown for the past months at around 0.05 area. So this is a dangerous game! Daily...
Hey guys! Today I'd like to share a JASMY Coin idea. I've spotted an inverse head and shoulder pattern that has formed. Confirmation to the bullish upside would be a breakout and re-test of the zone followed by entry trigger dropping into the lower timeframes. Confluences: We need the breakout of the pattern to the upside to confirm bullish reversal. But...
Here we are at a very key area for this coin. I'd like to see a pattern that would confirm the reversal from this area to the upside. First sign we have is a bullish divergence on the RSI on the daily timeframe still is not enough to confirm bullish bias. So I'll wait for a double bottom or H&S on the H4. This area still is a demand buying zone being the all...
The correction at 52K has ended and it has increased for 2 days now. With the current strong increase, I think it can reach the 64K 65K area.
Supersonic volume 3X average daily. Tenken sen is passing through the BAR & will lag for a morning coffee. this is confirmed on the 5M Timeframe.
The shadow of RAS Hikma transaction on the construction sector was superb; however, process industries sector, and USD-base revenue companies lead the sharp fall. 3-4 days to recover based on ghosting the Bars pattern. in the mean time, FLOATING is the QUEEN. FORTY EIGHT is the jack of all spades. words of wisdom: he is no fool who gave up what he cant afford...
the rule of thumb in the EGX30 ... buy on RUMOURS, and sell on the NEWS. Rumors started on Jan 31st, Ras Hikma project is worth 45Bn USD, and Emiraties areIN. Yesterday, the Rumors became solid fact, Egypt prime minister announced the signing of the contractual agreement live on national television. The deal is worth 35Bn USD. The USD/EGPp on investing.com...
No need to say anything, just got in short at 373.5 as I stumbled on it by chance. I will do this trade following the red line. Might work, might not, x50 tight SL 374.61 Enjoy, Cheers!
This is a view of the 15 Minute Chart showing the Ichimoku ' Death Cross ' which indicates the beginning of lower prices; Also, to confirm this we see price moving into the Kumo and we see the beginnings of a Red Kumo which confirms lower prices. These in my opinion are multiple areas of convergence that confirm my overall analysis. At this point I will determine...
www.tradingview.com White Sugar price increase will lead to the breakout of local Delta sugar price. Long position is foreseen check the analysis to determine whether it suits you
On the 30 Minute Chart we see the beginning of the the (Death Cross) the shade circle. This indicates that price is beginning its downturn. The lower timeframes should confirm this; if they do, I will determine how much to move my Stop Loss and possible add to my position.
On the 1Hour Chart again pay attention to the the 5 lines and Kumo as they pertain to price and where it is gravitating to. I have been in this trade since the Australian Market Open based on the premise that price will drop significantly during the (mid London Session and throughout the New York Session.)
Applying Top Down analysis starting with the Daily Chart, we now have a picture of the 4Hour Chart. Compare the 5 lines of Ichimoku in reference to the the (top down) analysis.
This is an Update of my Short MNQ trade. As mentioned in my previous posts, I utilize ICT Price Action Concepts to determine direction and the Ichimoku Indicator to manage Expansion Ranges, Retracement Levels and in general determine how long I stay in the Trade. I Consider myself a Short-term/Day Trader.