The808Trader

The808Trader

Gold had been on a slight rise last week and the news of the North Korea summit being put on hold send it sharply higher. I am looking for this trend to continue once we get a bullish breakout. We got othe kumo twist we were looking for and it held at tenken sen. I am targeting previous resistance for my TP. If our bullish signs and confirmations change, this...

The808Trader

We rode this one down for some nice profit last week, and now signs have reversed. We've broken up into the cloud then out. I am looking to take advantage of this temporary USD weakness to get in a long position. I am looking for a drop to support then up and back out again with our TP at a strong level of support/resistance. If support fails to hold or our...

The808Trader

Gold has finally broken up and out of the cloud, but I am looking for a drop to support to act a spring board to push further up. If we drop to support that is where I'll look to get long, targeting a major area of previous resistance. If support fails to hold or our bullish confirmations change to bearish, then this setup may become invalidated.

The808Trader

The Swiss Dollars has been on a text book bullish breakout and run over the past few weeks. We've finally started to fall down and test Tenken Sen. If we break below Tenken Sen the I will be looking to sell on the drawback to Kijun. We can also confirm this early by watching the 1 hour and 4 hour charts for a bearish breakout since I know it can can mess with your...

The808Trader

We've entered a possible drawback on this pair, but I am still looking for continued USD strength until a reversal is confirmed. I've drawn out the line I want to see broken to enter a sell, and the possible take profit levels as well. If that support level is never broken this trade will be invalidated and I'll look for other chances to get short. If our bearish...

The808Trader

Similar to the EUR, we've been in a downward spiral with this pair and I'm looking for that trend to continue. I am looking for this trend to continue with a sell entry after the break of support I've drawn out. I've also drawn out some possible TP levels I'll be aiming for. This trade setup may become invalidated if our bearish confirmation end.

The808Trader

The US dollar continued its rampage last week as this pair slid even lower. I am looking for this trend to continue over the following weeks, but I want to see support broken to get short. We've bounced twice at this level so I really want to see it clearly broken to enter my short. I've drawn out some possible take profit levels I'll be aiming for if I do enter....

The808Trader

This pair has been on a nice bullish breakout over the past week and a half. I am looking for a wick to test support at kijun for another bullish entry. As well as price has been respecting kijun, I'll be placing a stop just below it which should give a great risk to reward on this trade. I am targeting our previous high of 1.0727 as my take profit. As with the...

The808Trader

This pair has been in a longer term bullish run now and has held strong tenken sen support. I am looking to get another long entry here off a tenken sen bounce trade. I'm setting my stop around kijun since we are yet to fall to it for support. I am tarting our previous high of .9921, but I will close partial there and let the rest run, while adjusting the stop...

The808Trader

Eur/USD has been in a strong bearish trend for week or so now, and we have risen up to test tenken sen. I am looking for a bearish trend continuation sell entry. Ideally we would be rejected here at tenken or kijun which would give us a sell opportunity. For this trade I am targeting our previous low of 1.2060. If we reach it, I will close partial and let the...

The808Trader

This Analysis is off the Daily chart and is more of a typical swing trade setup that I love take. I am looking for a break of major support around the .7640 level so I can take a long term sell. I would then look to approach the previous lows around .7514  If we fail to break that support area or any of our bearish confirmations change to bullish, this setup may...

The808Trader

This pair had a nice bullish breakout after being stuck in consolidation for a short time. I am looking for a slight drawback to around the 1.2744 level to look for a chance to enter a buy, if support holds there. I am targeting 1.2800 as my TP level, which coincides with a previous strong area of support/resistance. If our bullish confirmations change to bearish...

The808Trader

This pair got a strong move to the downside last week and I am looking for a drawback so I can get back into that trend. I would like to see a drawback to around the .7245 level and see it hold so I can enter my sell. If that happens I'll enter, and I'll target the previous low of .7157   If any of our bearish signs change, this trade may become invalidated.

The808Trader

As the Pound rampage has continued we've been on a nice bullish run with this pair. We've dropped down to test kijun sen once, otherwise this pair has been strong to the upside. I am looking for another bullish entry on a drawback to tenken sen, with a stop loss set just below kijun sen. I am targeting our previous high as my first TP, where I will close partial...

The808Trader

This Swiss Franc has been dealing with some economic weakness lately, and the Pound has been on a bit of a rampage.I am looking for a buy into into a trend continuation with this pair. I want to keep a tight stop loss so I'll be setting it just below kijuns sen which has been respected this entire bullish run. I'm going to target just beyond our previous high for...

The808Trader

The Euro has been on a nice bullish run here making higher highs and higher lows. I am looking for a drawback to kijun sen, similar to the last higher lower, to look for a buy entry. My first TP will be our previous high where I'll close partial position. I will then let the rest run, adjusting the stop poss periodically. If our bulllish confirmations change to...

The808Trader

After some weakness the kiwi has started to find its feet again. I am looking for a kumo breakout and kumo twist  as confirmation of a buy entry. If we can get those confirmations, I'll look to enter at the kumo breakout targeting our the previous waves high of  .7347     If we never get those last two bullish confirmations , this trade setups may become invalidated.

The808Trader

With all the economic news and trade wars starting to ensue, uncertainty tends to come with it. In times of uncertainty investors tend to turn to gold, and this has been no exception with the massive spike in gold we had last week. I am looking to hop in this trend on a drawback and feed off the trade war volatility. I am looking for a drawback to the 1337 level...