Price reached Senkou A and Kijun. RSI confirms price reversal from these levels. DMI shows that this market is in range, but rising ADX line can support possible up movement. We have an entry level for long trades. We'll buy, if price moves above 4850 with target near 5000. Stop should be placed below the swing low. If market falls below 4750, probably we'll have...
Price bounces from Senkou B with RSI confirmation. DMI shows that we have range market, but rising ADX gives us a signal for possible strong up movement. We have to be ready open long trades above 104.20 using pending orders. Stop orders should be placed below 102.80. If price falls below Senkou B, probably we'll see down movement with target near 100 level. The...
Prices reached MA100 and bounced. RSI and MACD confirm price reversal and we have a signal for opening short trades. Entry level is below 102.75 with stop above 104.20. Take-profit orders should be near the support level. This short trade will be opened in the same direction as the main trend. If price breaks the local swing high, we'll have a signal for long...
I would like to share with you a good example of the perfect trend. We have up trend starting from 46 level. We could open 8 long trades and make good profit. All trades are based on Whale Trading Strategy setups.
Price bounced from Senkou A and the trend line. RSI confirmed price reversal and DMI gave us opportunity to use a setup for range market conditions. We could open short trades below 1324. Stop orders had to be placed above the swing high. Take-profit orders can be near Senkou B. Also if we use a trailing stop, we have the open short trade and good profit. Now the...
A bullish candle was closed above Senkou B. Probably we have a breakout and a signal for opening long trades. But we don't have confirmation from DMI. It's better to trade breakouts with rising ADX above 20. But if the market decides to move higher and start new up trend, we have an entry level for long trades. Open long above 116.35. At the same time we can think...
Price bounced from the support level and moved up. RSI confirmed price reversal and MACD gave a signal for opening long trades above 100.82. Stop orders should be placed below 100.00 level and take profit orders near MA50 and MA100.
Price is in the cloud. We have range market conditions confirmed by DMI. RSI confirms price reversal from Senkou A and we have a signal for opening short trades below the low of the signal candle. Stop orders should be placed above 16750 and take-profit orders near Senkou B.
Sunrise Trading Strategy has made 16215 pips profit since 2016. We have 17 trades where 10 trades were closed in profit and 7 were closed by stop orders. Max Drawdown is 2240 pips.
I wrote about a such type of signal like price reversal from Tenkan. Today we closer look at situation when price breaks Tenkan and moves lower. We have a possible reversal line which can stop price and it's Kijun (Base Line). When price reaches Kijun and bounces, we have a signal for opening a trade and joining to the main trend. As Ichimoku is a trend indicator,...
Simplicity Trading Strategy can produce huge profit, but only when we have suitable market conditions. When we have up or down trend with clear impulse and correction waves. It's very important to use a daily chart as a filter and open trades based on 15M and 1H charts in the same direction as it's on the higher time frame. I prepared an example of market...
Price reached the support level which is a barrier for possible down movement. We have to pay attention on price action near this support level. If we have reversal candlestick pattern, it will be a good signal for possible up movement. We'll need to get price reversal confirmation from RSI and MACD. These indicators will have to reverse and start rising. We will...
NASDAQ has not moved below 4600 level. NASDAQ could not break 4838 level. May be FOMC will push this market and we'll see good price movement above the resistance level or price reversal and falling to MA100. Let's wait and be ready to open positions based on hourly charts. Targets are 4900 and 5000 for long trades and 4600 for short trades.
I would like to share with you the first type of signals produced by the amazing Ichimoku indicator. Today we'll talk about price reversals from Tenkan (Conversion Line). Please look at the 4H chart. I marked the possible entry levels for up and down trends. Setup for opening Long Trades: - price is above the cloud - DMI is above 20-25 and confirms trend market...
On the daily chart price moved below MA50. MACD histogram falls and we can search for entry levels based on hourly charts. Look at 4H chart. Price is going to bounce from MA50 and MA100. We'll have possible price reversal and a signal for opening short trades. For placing a pending order we'll need to wait for indicators confirmation. MACD will have to reverse and...
The level 43 is the previous swing low. It can be good entry level for short trades if price breaks it. MACD falls and confirms down movement. DMI allows open short trades. If ADX rises above 20, we'll have good confirmation of down movement. Profit target is the support level. As for possible long trades, we'll need price reversal from 43. RSI will need to...
Price stopped on MA100 and it''s also MA20 on the weekly chart. We have swing low which will be a good entry level for short trades. MACD and DMI confirm down movement. The same goes about weekly MACD. We can place a pending order below 2108 with targets 2058 and 2000. If price bounces from MA100 with MACD and RSI confirmation, we'll have to think about opening...
Price reached 790 level and probably we'll see reversal and correction wave. MACD and RSI formed bearish divergence. DMI allows open short trades. We can place a pending order below MA20 and stop above the swing high. Profit target can be MA50.