The808Trader

The808Trader

This setup has been on our radar now for awhile, but it still remains valid if we can break the resistance level at the bottom of the consolidation zone we've been stuck in. If we can get a solid break of that zone I'll look to get short and trade down to the bottom of the previous bullish kumo you can see on the left hand side. If we fail to break the bottom...

The808Trader

This pair got a big bullish push over the past couple weeks and I'm looking for that trend to continue. All our confirmations are looking pretty strong right now, I just would like to see a small dip to get a good entry. I'm going to play this one with a pretty tight stop loss since we've been respecting tenkan sen so well. My overall target is previous...

The808Trader

This pair broke down and through the kumo at the end of last week as a trend trend is trying to get established. We are close to a bearish kumo twist, so I would like to see a drawback to resistance to look for a sell entry. If we can get that drawback and form a good rejection I'll look to enter my short. I've drawn out a few price structure levels to aim...

The808Trader

This is a consolidation zone setup that I am monitoring for entry here shortly. I am looking for a tap on our entry line for a chance to sell back down to the middle of the consolidation zone. Ideally we would see a good rejection candle but we have such a tight stop I may just enter regardless as the loss would be so small. If we fail to get a good...

The808Trader

This is a drawback setup on the 4 hour chart that I've zoomed into the 1 hour chart to take a closer look at. My overall lower target aligns with the kumo cloud low we had recently. It's simple enough to see the bearish move we've started to get here and this setup is looking to capitalize on this move down. If we fail to break the resistance I've drawn for...

The808Trader

This pair broke down and out of the kumo last week before having a drawback up to kijun sen. I am looking for a simple rejection here at kijun sen and a bearish kumo breakout to confirm a sell. If we get it I'll be aiming for price structure lows, including the most recent move down. You can see the price structure to the left that is giving me an overall...

The808Trader

This pair struggled to break the kumo before finally getting the push out towards the end of last week. I am looking for a retest of the edge of the kumo and price structure to form a good rejection candle to enter my sell. I've drawn out a couple targets but you can see the major price structure level I'm aiming for that lines up with the flat bottom of a...

The808Trader

I'm looking at a trend continuation trade here as the EUR continues to show weakness. Price is holding at kijun sen right now and I'm watching for a push back down to price structure lows as my target. This one is pretty straight forward, and  while we have some spots we can look to take some partial profit, I'll just adjust my stop loss to breakeven after...

The808Trader

This pair plaid out the consolidation zone we had drawn last week before making a nice bearish breakout. I'm looking for that trend to continue as the US-China deal continues to be developed and shaped out. I am looking or a drawback to the closest price structure level for a rejection so we can hop into a bearish trend continuation trade. Typically I'm...

The808Trader

This pair remains in a tight consolidation range and I am watching for some possible downside movement this week. I want to see price close beyond my entry to help confirm it is indeed time to sell. I've drawn out a few targets on the way to my overall price structure target. If we fail to get this bearish breakdown, or if our signs allign bullish, then I...

The808Trader

We got an initial move up last week before JPY strength took over and gave us a bearish kumo breakout. We've had a decent drawback here and look to have formed a good rejection candle at tenken sen. As long as we don't have any large gaps at market open, I'm looking to enter a sell and aim for price structure lows as I've drawn out. This setup has a decent...

The808Trader

There's a couple ways to play this setup depending on how price progresses. I've drawn out the zone where price has been stuck in yellow. If we see more rejection at the top of the zone we can look for a consolidation trade and sell back towards the middle and bottom of the zone. If we break up and above our zone then we can look to enter a buy on either the...

The808Trader

We've hit some strong resistance for this pair and I am looking for it to be broken for a chance to get into a bullish breakout. I've drawn out my buy zone I'm watching in yellow, I would like to see either support form with a good candle, or a breakout of that zone to help confirm it is indeed time to buy. I've drawn out a couple targets on the way to my...

The808Trader

This pair saw a nice bullish push last week up and out of the kumo as you can see from the chart. We are still shy of a bullish kumo twist but every other sign still points to bullish. I am looking for a drawback to previous price structure resistance to act as support as a confirmation for entry on this trend continuation setup. Ideally we will see a good...

The808Trader

We're zooming out to the daily chart to look at this setup. I am watching an important price structure level to be broken in order to help confirm that we have an established firm that will try and run bullishly for us. I need to see a close above that level on at least the 4 hour to help confirm this bias. I've drawn out several price structure targets on...

The808Trader

The Aussie gained a little bit of strength last week, pushing up and above prior price structure resistance we can see to the left of price. I am looking for this bullish run to continue, but I want to enter on a retest of price structure support. If we can get that in the form of a drawback and a good support candle form, then I'll look to get long. If we...

The808Trader

This pair saw a big push down last week with some further continuation to the downside. I am looking for that trend to continue this week with chance to get short. Ideally we would see a drawback to around the level I've drawn out with a good rejection candle to help confirm we're continuing downward. If we fail to hold the trend or if we don't get a good...

The808Trader

After establishing a strong trend up we are likely to see some sort of gap or drawback with the Brexit delay news. I am looking for that drawback to happen at or near price structure support. If we can get the drawback and price show good signs of holding by a good support candle, I will look to enter and long and continue to hold the overall bullish trend....