The808Trader

The808Trader

We've been playing around this price awhile now and seem to be pushing back down to test this level one more. If we can break and hold below this price structure level we should get a much further push down. This may happen pretty quick after market open so we'll need to watch it closely. I've drawn out multiple targets on the way to my overall target at a...

The808Trader

This pair has been ranging for a while now and were at a good place and risk to reward to look at this as a consolidation setup. We are down near the bottom of the consolidation zone we've been stuck in, I'll be entering a long position to go back up the kumo which is near the middle of the zone. If we fail to hold support at the bottom of the zone, this setup...

The808Trader

The Kiwi has been pushing lower pretty easily since our initial kumo breakout. We are in the middle of a bearish engulfing candle and approaching previous price structure support. If we can break that support then it will confirm our short bias. I've drawn out a couple targets I'll be aiming for. I don't always make this clear, but I wanted to make sure...

The808Trader

This pair is attempting to start a bullish trend but has been struggling to break through the price structure we can see just left of where price is currently at. It failed to break through the kumo there in the past so I really want to see that level broken to consider a long. Typically when we do break through a level like that we will see a push up and...

The808Trader

This pair shot up a bit last week but since then has been forming lower highs. I am looking for a bearish kumo breakout to coincide with a bearish kumo twist to confirm that it is time to try and push back lower as people rush back to safe havens like the Swiss Frank. I've drawn out some partial take profit levels on the way to my overall target. If we fail...

The808Trader

This is a bit of a preemptive look at EUR/USD ahead of a potential bearish move. We are close to a bearish Kumo Twist and chikou span is trying to get below price. I am looking for a bearish kumo breakout as my last confirmation to get short. We have a very long term target I'm looking at but I've drawn out several levels to take partial profit or look to...

The808Trader

For this setup I'm looking for a slight push higher to test kijun sen. If we get a rejection I can start to look for sells. All our other confirmations remain bearish right now so we will keep that bias until something changes. I've drawn out some partial take profit levels to aim for on the way to the overall price structure levels you can see on the left...

The808Trader

This is a little bit of a longer term move I'm watching. I'm looking for a bullish breakout for a chance to get long. We'll have to keep an eye on this as it progresses as it's still just an idea and needs to develop a little more. If chikou span falls below price then this may move back to bearish and we can shift our bias. If we do get our bullish...

The808Trader

If you're a member of mine then this will look familiar. We already grabbed a little profit off the initial drop and I'm looking for that bearish run to continue. We can enter a sell here at the kumo with a stop loss above recent price structure highs. I'm targeting price structure to the left as my overall target, but I've also drawn out some partial take...

The808Trader

This pair has been stuck in consolidation for a while now and I'm looking for a sell here near the top of the zone back down towards the middle or where price has been stuck. Even after a small gap at open we have a good opportunity to get short as price will likely look to balance back out yet again. If we fail to break down further the we have a tight stop,...

The808Trader

This pair has been moving steadily up with the fundamentals that have been deemed safe versus the chaos going on with the dollar. I am looking for a small drawback to previous price structure support for a chance to get long. We have a good short stop here and we can aim for previous price structure as a target. If we fail to get a good drawback and support...

The808Trader

This is a divergence setup that I'm looking at right now as we attempt to test previous price structure support for added confluence. This has a nice tight stop and I'm just aiming for a rise back to previous price structure as a target. If this happens it will likely happen fast, and then I'll be looking then to shift bias back to bearish to continue on the...

The808Trader

This pair has finally been holding support and is poised to attempt a bullish kumo breakout to form a new trend. I've set my buys above the previous candle's wick to enter into our long position. I've set my overall TP at price structure highs from a few weeks ago as well as a few partial take profit levels along the way. If we fail to maintain bullish...

The808Trader

We've been absolutely hammering this pair lately, let's see if we can keep that streak going. This setup is similar to the Aussie play we're looking at as well. I am looking for a small bounce up and a rejection at tenkan sen to keep the bearish trend running. If we get that retracement and rejection I'll enter the sell with the main TP being down at the...

The808Trader

This pair has broken below the kumo and is trying to establish a bearish trend but struggling a little here. I am looking for a drawback to tenkan sen and price structure for resistance to form to help confirm a sell. If we can get that drawback and push down, we should be able to break the support we're currently stuck at around .6410. If we're able to get...

The808Trader

The kiwi has risen up to a strong level of previous price structure resistance. While my overall bias is bullish I am expecting a drawback here to test support before trying to push any higher. I've drawn out my target at previous price structure we are likely to try and test support as well as a flit kijun sen level. Remember that we are close to a bullish...

The808Trader

This setup is a combination of a bullish breakout on the 1 hour chart, and a retracement play on the 4 hour. I'm going to look for buys if we can get a small dip to tenkan sen or kijun sen and hold above them on the 1 hour time frame. That will be my chance to get long and aim for my overall target I've drawn out here, as well as the partial take profit levels...

The808Trader

We absolutely smashed this pair last week and I'm looking for some bearish momentum to continue for us to take advantage of another sell opportunity. We dropped hard last week before ending the week by testing kijun sen and the kumo resistance we're sitting at right now. We have been holding kijun and the kumo so I'm going to look for a sell at a break below...