The808Trader

The808Trader

This pair had a bearish breakout last week before finding support and rising back up the kumo. This also lined up with a rejection at kijun sen as well making it a pretty strong zone between the bottom of the kumo and kijun sen. I am looking for a this area to act as resistance and for price to drop back down to previous lows. I've set my entry below our current...

The808Trader

After a sizable drop USD/CAD is back near the top of the kumo. Tenken and Kijun have gone a little flat here meaning we've lost some momentum, but I am watching for a possible bullish breakout here this week. I would still like to see a bullish kumo twist complete to help confirm a buy entry as well as a move up above our previous resistance we've been seeing....

The808Trader

We've already grabbed some nice profit from this pair from this textbook bullish run but steam has run out a little bit here as we've started to move sideways. I am watching for a drop to kijun sen and a good support candle to hold to look for a long entry. If we get that, I will enter a buy and get long, targeting our previous high from the end of last week....

The808Trader

This pair had a nice bearish breakout last week and has been holding our brearish trend so far. I am looking for a good opportunity to get in a short position. I've drawn my entry at previous support that could act as resistance for us, should we get the rise I am looking for. I want to see this small move up and a nice rejection candle as confirmation to enter...

The808Trader

After a long period stuck in a consolidation zone we finally saw a big move on to the down side. So far we are holding that bearish trend and we are currently testing kijun sen. We can either enter at a good rejection candle here or set a sell stop below our recent candles to catch a move down. I'm targeting our previous structure low for our TP. If we fail to...

The808Trader

With the USD strength last week we saw a kumo breakout and a rise up above previous resistance. I didn't get in the original breakout but I'm looking for a drawback to the previous resistance area I drew a line at for entry. If we get that drawback and support holds I will look to get into a long position. I'm targeting a flat area on a previous kumo cloud as my...

The808Trader

We got a good breakout with this pair last week and I'm looking to hop into a bearish trend continuation. I am looking for a drawback to where I believe tenken sen will be. I will not be setting this one as a pending order, instead I'll be watching for a move back up and a good rejection candle at tenken sen to help confirm it's time for a sell. I'm targeting a...

The808Trader

We've been on a nice bullish run with this pair before some news finally brought us a bit lower before the end of last week. I am watching for a drop to kijun sen to test that support level. If we get a good rejection there I will look to enter a buy for a move back up to previous structure high. If we don't get the drop I want to see or we don't hold support at...

The808Trader

This pair broke down further last week before the USD gained a little bit of ground at the end of the week, but now is the time to start looking for rejections. In this setup I am looking for a good rejection here at tenken sen for a chance to get short. CHF has been putting out some strong data and it's been pretty strong for a few weeks now. As soon as I see a...

The808Trader

Last week we saw our bullish breakout run continue onward and upward with the Euro. The USD clawed back some of that price before the market close, but as long as we are holding in this bullish formation I'll be looking to get long. I am watching for a drop to the flat kijun sen here for a possible entry to get long. I want to see a strong rejection candle there...

The808Trader

We've been moving pretty sideways here as price has been consolidating. We've held support despite a bearish TK cross so I am looking for a breakout of these current strings of candles to look for a buy entry. I've made my target previous structure highs, but I may hold partial position longer as long as we get the breakout I'm looking for. If we get this bullish...

The808Trader

For this setup I am looking for a sustained move down to consider a sell entry. I'm looking tThis pair went sideways last week before finally breaking kijun support and is now testing the bottom of the kumo. I will be looking for a sell if we can break down below the cloud which would also line up about the time chikou span could break below price. I would like to...

The808Trader

With the Brexit news last week we saw a resilient GBP rise to new recent highs. I am looking to see if we can snag a buy at kijun support. We've tested kijun once since our initial breakout on the chart last week, so I'll be watching to see if we do the same here. If we can hold support at kijun with a strong rejection, then I'll look for a buy every as shown in...

The808Trader

This is the same setup I was watching last week, but it never fully developed. I'm looking for the same breakout up above the flat kumo cloud. This move up, if it happens, will end up being confirmed by a bullish TK cross as well. If we can get the cross along with the breakout, I will be entering a buy at the entry I have set. If we fail to get the breakout...

The808Trader

We've been on a big move down over the past couple weeks. Ideally we can look to enter a sell on the next push down. I've set an entry for a sell below our current candle. If we can break below it and hold this would be a good confirmation for our bearish trend continuation. I've set my target at previous price support to the left side of the chart. If we fail to...

The808Trader

This pair broke below the cloud last week and is starting to show some strong bearish signs. I've drawn the level I want to see broken in order to enter a short position. If price moves that low we should get a bearish TK cross that will help confirm a bearish move. If we fail to break the entry line I drew, or fail to complete a bearish TK cross, this setup may...

The808Trader

This one is pretty straight forward as far as trend trades go. We are in a bearish trend overall, but in the middle of a drawback. I am looking for a rise up to kijun sen for signs of a rejection so I can enter a sell to stick with my bearish bias. This setup will be about patience to wait for the rejection. If we fail to get a rejection at kijun sen, that could...

The808Trader

This pair has been on a beautiful bearish run for a while now and I'm looking to capitalize on that trend. We have been respecting tenken sen very nicely so I am looking for a drawback and rejection there to enter a sell. If we can get a good drawback to the entry line I've drawn I'll look to get short. I've drawn out two possible targets based on previous...