This analysis is coming from the daily, but a 4 hour chart can be used to help confirm an entry. I am lookign for a trend continuation trade here since all signs are remaining bearish. I am targeting a level of previous support as drawn out on my chart. We may get some movement to help boost this trend as well with the passing of the new tax bill. If our bearish...
This pair was heavily affected by news last week before starting a free fall. I am watching to see if we hold support at Kijun sen to consider a buy for a trend continuation. If price does not hold at kijun then this trade will be considered invalidated. I am also watching to see if the future cloud remains bulliish and our other confirmations change. If the...
This pair has started to slow down a little bit here and test the cloud. Right now I am still waiting for a future kumo twist to a bearsh cloud to confirm an entry, and I'd like to see previous resistance broken to enter a sell. If we don't get the bearish kumo twist, or any of our bearish confirmations change, I will not enter this trade and it will be invalidated.
This pair had a clean bullish breakout to end the week last week. You can see on the edge of the screen though that we haven't gotten a bullish kumo twist yet and we've gotten pretty far from tenken sen. I am expecting a drawback to test support (probably to tenken sen) where I will look for a buy if our future kumo twist happens. I will also keep an eye on the...
This may seen a bit strange since we're below the cloud, but we have a lot of bullish signs so I'm looking for a breakout trade here. If we can get that bullish kumo breakout it will be a perfect time to enter as long as our other bullish signs remain. Keep an eye on chikou span, as long as it stays above price, I would expect this move to happen. we can keep a...
This pair has dropped down to the cloud and held support. I'm now looking for this level of support to act as a possible platform for this pair to move upward. We're sitting at tenkan sen right now an I'm expecting price to fall again to test support this week which is when I'll look for entry. This will allow me to have a tight stop loss as well. I'll exit the...
This pair has been on my watch list for a while since it entered the cloud. It's attempted some small breakouts, but nothing worth an entry yet. All of our signs are bullish but I want to see a breakout of the strong resistance level at 1.6910 to enter a buy. If we get that breakout, I will target the previous high 1.7126 As always I will only 1-3% of my capital....
As expected we got a nice drop on the Euro over the past two weeks, but it has finally stalled out a little here. Looking at the Daily charts we are still bearish overall but are in the middle of a drawback. On the 4 hour we are looing like we could possibly get a move a little further to the upside with all the bullish confirmations we have. I am continuing to...
This pair has been flirting with the edge of the cloud, but is holding bearish signs. Looking at the daily it has stalled out a little and may fall to support soon which would support the idea that we can drop a little here. I am watching for a bearish kumo breakout. If any of our signs change from bearish to bullish, I will stay out of the trade or exit.
The Kiwi has been holding pretting strong here and has now entered the cloud. We have the start of a bullish kumo twist and bullish signs are holding. I would really like to see the kumo twist finish, chikou span to remain above price and get a strong kumo breakout. If this happens then I will look to enter a buy with my TP's set at the two blue lines I drew above...
Similar to USD/CAD, this pair is ranging in the cloud right now and sitting at a strong support/resistance level. I am looking for that level to be broken to enter in a sell. We just got a future kumo twist to a bearish cloud. We may see one more attempt to rise before we get a breakout. As long as bearish signs hold I will enter, if they start to get mixed or the...
This pair has entered into the cloud and is currently ranging. Right now we have bearish signs but I am waiting for a bearish future kumo twist and bullish kumo breakout to get into a sell. I also want to see the flat area of the cloud broken since it is a strong support/resistance area. As long as those conditions are met I'll enter the sell. If these conditions...
This pair is ranging in the cloud right now, and we are starting to see some bearish signs. I am looking to enter a sell if we can break below the kumo cloud, which is acting as a strong s/r level right now. If we can break that level and get a kumo twist to bearish, as well as chikou span holding below price, that will be enough confirmation to get in the sell...
This pair dropped beautifully last week ending at a strong s/r level. I am a trend trader, and as such I am looking for the trend to continue, especially with a floundering euro. I am looking to a enter a sell if we can break the level I drew in blue, and I'm targeting previous resistance for a TP level. I will only enter if my bearish signs remain, otherwise I...
GBP/CAD has fallen to support here at kijun and has given us a possible support based entry. I am looking for a sign of rejection here at kijun to try and enter a bounce trade. If I see candles holding and our bullish signs remain, then I will look to enter a buy and I'll be aiming just shy of the previous high as a TP
The USD has gaining some more strength and I am looking for a confirmed bearish move to enter a sell position. I am looking for the horizontal line I drew to be broken to enter a sell, as long as the other bearish signs remain intact. I am targeting the low from the last bearish run as my TP. If it fails to break support, I will delay an entry and watch for a more...
We saw an attempt by the aussie to break higher up , but was rejected pretty firmly. We ended last week being within the cloud, showing that price is ranging. USD has been showing some strength again and I am waiting for a drop below the kumo for a possible short entry. I am looking for a break of resitance (shown by the blue horizontal line I drew) so I can...
We're sitting in the cloud right now with this pair, indicating that we are ranging. Price is just about at the flat area of the kumo which is a strong level of support/resistance. I am looking for a possible bounce off this level and a move back upwards to our recent high. I would like to see chikou span move above price and a kumo twist to a bullish cloud to...