I am watching the Kijun. On break, i will buy the puts targetting new lows!!!
Taking a stab here at nzdusd...Pretty clear resistance area. It might take some time before breakdown .But the entire move is corrective and it will be retraced. This is not a quick trade. It is sell and hold set up.
Here is a quick trade setup.. I'll post detailed analysis later. Triple top setting up. Trendline break as well. Risk is defined here and I am expecting a 38.2-50 per retracement before higher.
Here is a counter trend trade.. Daily is stretched and overbought. Kijun is way far from price.1.5360 is cloud top .I expect some pause here and price to pullback 4H: On 4h kijun break, a short can be taken.There is also triple top and we have rsi divergence. Expecting some follow through to downside but this is counter trend trade. I am still bullish on this...
I 'll post detailed chart at end of the week.. But so far on daily we are failing at 200 sma. There is also 100 wma and KS On 4h: - You can see key lvls on chart -Price broke trendline and failed at 4H Kumo -Failed to hold 100 wma -If KS breaks, we can see some acceleration to downside If we hold here, we can also see test of 200 sma and daily KS. Thought to share...
This is bearish in my eyes... Weekly: -Trendline supp gone -Another trend line will poss break soon -Ichimoku bearish -Close below Kijun is a nice sell opportunity Thought to share with you guys
Ladies and Gentlemen!!! Sorry i haven't posted in a while!!! Here is a set up : Weekly: -Neutral Ichimoku -Prices still in cloud -Note that HA osc divergence isnce mar 21 Daily: -Prices penetrating TS which has not been broken for a while. You can wait for daily close below if you want but looks like it wont hold this time. -Macd crossover and momentum shift -Ha...
If risk off is the name of game, i expect a move lower here. Or you can also look at gnpnzd long.. Monthly: -Kijun broken -100 wma so far failing to hold as supp -HA osc below 0 -CS has open space -Ichimoku has bearish bias Weekly: -Bearish set up -CS cleared past candles -I expect acceleration to downside -Trendline broken -RSI failing near 40 Daily: -KUMO...
Oil put up nice HA reversal last month with divergences on momentum oscillators. Look at monthly chart . Kijun and cloud is faaar... Prices like equilibrium. I am expecting a pause in downtrend and move back to 60 zone. But time will tell.Chart is bearish but ha delta is trying to get above 0. Weekly is neutral with bullish bias. Two ha dojis and prices did...
Here is what i am watching... Monthly is in counter trend move. Ichimoku is still bearish but we got some nice green candles. Ha delta is above 0. Watch that 200 sma and res ard 0.79 Weekly has bullush bias. However,prices are in cloud now. 100 wma has been broken and prcies testing it right now. HA delta is also above 0. It can pullback here too but so far we...
I don't trade it that much as it is out of my time zone...But it can be setting up for long... Monthly; -Bearish -But look where Tenkan and Kijun with respect to price Weekly: -Bearish -Two H dojis -HA osc is near to zero though Daily: -Downside momentum lost -Inv head and shoulder may be forming -If Kijun holds and we get HA reversal candle. I will be taking a...
Hello everyone. It's last day of quarter and last day of month. I am taking indicators of 4H chart and will be using them less on other time frames as well. I am still showing them on the charts but won't be looking at them much in detail. PA is only thing that matter and i am trying this in next quarter. Here is the set up I am watching.. Weekly: -Trend is...
My call on USDJPY dint work so far. There was reversal candle on 4h after false breakdown and I got out there. XAUUSD I will be buyer around 1190 zone if it gets there. It was extended. I did short spx500 and gpbusd. Corn is doing ok so far. Here is another set up I am watching: Weekly: -Bullish but kijun broken -HA Osc <0 Daily: -Fallin trendline -Cloud res...
Grains market is interesting right now. DBA, agriculture etf, broke out of daily cloud and I am looking at corn here. Weekly: -Bearish Ichimoku -But you can make a case of double bottom with rsi and ha osc divergence -Prices trying to get over TS, for move to KS first as it is first hurdle. Daily: -Weak TS and KS cross and prices currently at cloud and 100...
Here is another trade I am looking at. Weekly: -Bearish Set up -Ha osc below 0 -RSI is approachin oversold territory but that alone does not mean anything Daily: -Bearish -HA osc below 0 -We got firm resistance as shown by TS and KS 4H: - Prices retraced quite a bit -Still bearish set up -On Kijun break, I will go short. Let's see how this plays out. It can...
Last week I posted long euro before Fed and that worked out just fine. Here is another idea for spx500 Weekly: -Set up is bullish on weekly -PA above cloud and above 200 sma and 100 wma. -CS is clear to go higher for now Daily: -Bullish -But RSI coming into oversold region. You can also say it is in bull territory and it can stay here for extended periods -But 2...
So ,FOMC tomorrow... Are you going to stick to computer tomorrow??? I'll be at work ,so i don't care what Fed say. I am already in my positions. Here is my opinion on EURUSD... Monthly:Look at first chart to the right -It is still bearish chart -Only thing worth noting is HA Osc is above 0 -Look how far Kijun is. Two possibilities here- Either this pair...
Here is another set up I am taking at market ... Weekly: -Ichimoku is bullish -HA osc >0 -RSI overbought Daily: -Bullish Ichimoku -HA osc divergence -RSI had divergence -Trendline broken Taking a 0.5 ct short . Expecting a move to 1190-1200 . You can also wait to buy there once we get confirmation. This is counter trend trade and not the best setups. That is...