The808Trader

The808Trader

We had some big pushes down last week leading to a nice kumo breakout. For this run we've been respecting tenken sen really well. There's two ways this sell could form. The first is to look for a break of the support line I drew. If we head right down and keep respecting tenken sen, it would be an ideal time to sell and I've drawn out Take Profit levels and well...

The808Trader

This pair has been on a nice bullish run, forming higher highs and higher lows. We've just seen a TK cross on the daily time frame as well that I'm looking to take advantage of. I want to see a rise above the first blue line I drew for an entry, and I've drawn out two other blue lines for potential take profit levels. If we fail to break the previous high, or our...

The808Trader

The USD has been on a bit of a rampage lately despite all the trade war concerns, Towards the end of last week we finally saw a slight drop with this pair. We've fallen below tenken sen here so I'm watching for price to drop to kijun and support to be held there. If price holds there, I will look for an entry back to our previous highs. If price fails to drop to...

The808Trader

This is a continuation from our last EUR/CHF setup, I am now looking to add some entries for a bullish breakout. It's still a little early since we don't have the kumo twist yet, so it's not too late to start looking for entries. I'm going to be expecting a drop to the flat kumo early this week so it can hold support. If price holds there I will look to get long,...

The808Trader

We're at an important level here where we've already been rejected twice in the past couple weeks. If we can finally breakout above the 1.1650 level then we could be headed up long term. I am looking for a tenken sen bounce to try and get in a bullish trend continuation. All signs remain bullish for now but I'll continue to watch our confirmations in case we get...

The808Trader

This setups is similar to Gold, but Silver hasn't quite developed as far yet. I am still waiting for a completed kumo twist and chikou span to raise a little higher to confirm we will indeed stay bullish. So far we have seen price continue to bounce off kijun sen as support which is promising of an eventual bullish breakout. If we can get those bullish...

The808Trader

Gold has been on the watchlist ever since it's bullish TK cross and rise up from support. We are in the middle of a kumo twist, and signs are looking pretty bullish. I am looking for a kumo breakout to enter a long posistiion. I am targeting one of the large flat areas on the previous kumo as my TP, so this trade may take awhile.  With the bottom of the kumo...

The808Trader

This pair has been on a nice bullish run lately and we are now looking for this strong support level to hold. I am looking to enter a kijun bounce trade here which will allow us to keep a pretty tight stop loss and a nice risk reward ratio. I am targeting the previous candle stick body close as my take profit point. If we break below kijun or our bullish...

The808Trader

Price has made two moves to the upside now and has been rejected. With the current movement I am expecting price to try and continue to push lower. If we get the drop we're looking for, it will also be confirmed with a bearish kumo twist that has been trying to complete for the past few trading days. As soon as we break below our previous low, I'll be looking to...

The808Trader

Price fell and and found support in the cloud, it's now looking to get a kumo breakout along with a TK cross. I'll be looking to enter a long on a confirmed move up and I've marked out several areas we can take profit at. We may get more opportunities to add to the position if those blue lines I drew also end up acting as support. If we fail to breakout and hold...

The808Trader

This pair has broken up and out of the cloud and is now attempting to break our previous recent high. If we can break that high then I see more room for potential upward movment. I'll be looking to enter upon a breaking of that support, tarting a previous strong level of support/resitance as my TP level. If our bullish signs change to bearish, or we fail to break...

The808Trader

This pair has lost some momentum and started to consolidate here. I am looking for a break to the downside for a chance to short this pair. If price falls down below Tenken sen I will look for my entry. All confirmations remain bearish despite the loss of momentum so it will continue to be my bias until proven otherwise. If our bearish signs change to bullish, or...

The808Trader

This pair fell into the cloud before finding a bit of support. it is now prepped to try and challenge recent highs as it tries to breakout of the cloud. Ideally we would see a bullish TK cross to as price rises above our recent high to help verify a chance to get long. I am targeting a previous high as my TP level, should I enter. If our bullish confirmations...

The808Trader

While this pair is bearish on the daily, a bullish breakout here could confirm we are in for a drawback on the daily chart. I've drawn out a few TP levels to be targeted. I am waiting to enter until we get a bullish kumo breakout and the kumo twist completes to a bullish cloud. Chikou span is just starting to break through price so I'd like to see it rise a little...

The808Trader

This is a continuing entry from the setup a couple weeks ago. We had been tracking a sell on this pair from the daily for a while and I am still looking to add to my sell as price keeps falling. I am looking for either an entry at a kijun rejection or a break of the blue line I drew for a secondary entry point. I am still targeting the same TP level from our...

The808Trader

This pair has been stuck in a range on the daily chart and I am looking to capture some pips on the way back to the top of that range. I am looking for a bullish kumo twist to complete, a bullish kumo breakout, and chikou span to get above and free of price to enter a buy. I am targeting a previous candle body close at the top of that zone as my larger TP, but...

The808Trader

This pair is currently in the cloud but looks to be setting up to try and have a bullish breakout soon. I'll be looking to enter on a kumo breakout and I've drawn out a few take profit levels I'll be looking to close partial positions at. If our bullish signs or confirmations change to bearish, this setup may become invalidated.

The808Trader

This pair has been on a strong bearish run for a while now, and I'm looking to get back into it. We're testing tenken sen right now and I am looking for a rejection to enter a sell. I'l be setting my stop just above kijun, and targeting a previous level of support/resistance for my TP. If our bearish signs and confirmations change, this setup may become invalidated.