Hey guys let's take a look at DB. Weekly macd is crossed up and price is currently above kijun. Chikou need to get over price. Daily is bullish too and ichimoku is bullish. Looking for higher prices in coming weeks.
Let's take a look at cable guys. Fundamental and Technicals are aligning here. There is some news of members of parliament regarding confidence letter and it gapped lower. Weekly is just sitting on kijun from 2-3 weeks . Macd is crossed down. Daily broke cloud but kumo is providing some hard resistance as it is unable to break higher . There has been numerous...
Hope you guys are having fun and enjoying weekend. I was just reading trend following book by michael covel. I also listen to few podcasts in my free time. Just looking at USDJPY at the moment. There was a mention about it in the book during a period back in the 90's where a money manager blew up. I was curious to look at ichimoku and man if I was him, I could...
Wrapping up the trading week. Let's take a quick look at 10Y Treasury. Weekly chart is nothing but consolidation with macd crossed down and chikou below price. Daily is below kijun and chikou below price. If we close below kijun today,I will look to add to my short. I shorted on spike higher as my bias was bearish on this and was not buying into this rally. I...
Man there are so many good trading opportunities right now. Look at beautiful move by oil. Let's take a look at Natty. Monthly is finding support at Kijun. Chikou is above price. Macd is crossed down above 0. So far, price failed to break below kijun in a year. Weekly is putting a sharp reversal as i was expecting. Chikou is pointing higher and macd is crossed...
Hey guys Let's take a look at gold. Weekly chart is absolutely neutral. Chikou is coming into past candles. Weekly kijun is broken but look below. There is a rising trendline and then flat kumo. Macd is crossed down but the risk to reward is just not there for me. Also coming into play is the trendline from 2011. It has been tested twice already. Maybe we'll see...
Hey guys I entered this trade last week. Let's take a look at natty!! Monthly: Flat kijun . Macd is crossed up . Chikou is below price. Weekly: Chikou is below price. Macd is crossed down Daily: Trendline broken. Chikou is below price and macd is crossed down. There is also a head and shouder pattern and there is some support still present. But setup is...
Hey guys Hope you guys are having a fantastic trading week. It's been crazy. Tons of opportunities among AUDUSD,EURUSD,USDJPY ,GBPAUD and 10y note. I am in quite a few of them, Let's take a look at GBPUSD. Monthly: Price is stuck in Tenkan and Kijun and macd is crossed up. Weekly:Price is at kijun and macd is about to cross down and below 0 line. Daily: Macd...
I been watching this stock for a while now . It has earnings next month. So, i expect some sideways movement till then but its a good set up. Let's take a look. Monthly: Macd is crossed up. Price is between Tenkan and Kijun . Weekly: Macd is crossed up. Price is at resistance bit above Tenkan and Kijun. LT trendline has been broken. Chikou is above...
Hey guys Let's take a look at UJ. Monthly: Consolidation pattern . Chikou bouncing off kijun support. Weekly: Macd is crossed up and price is above Tenkan and Kijun Chikou is above price. Daily: Bullish setup with macd crossed down. In this case, you have to use 4h . If you go to 4h, it is bullish breakout. So, i am long. There is nice over 3:1 RR here. I...
Hey guys Let's take a look at XLE. It is an energy etf. I look at all major sectors on weekend just to see the bigger picture. Weekdays i only focus on my pairs. Monthly: Kijun holding as support and macd may reverse next month. So, far we only have a reversal candle.If chikou can get above price, that can bring more acceleration. It is neutal picture as of now...
Hey guys Hope you guys are having fantastic week. I have not posted in a while. I took some time off charts to reset my brain. This is the last quarter. Actually there are only 2 more months of active trading till december holidays. There are few setups getting ready. I will be posting as they emerge. Most of the DXY pairs are at weekly support levels. We have to...
Hope you guys are having fantastic week. Lots of event risk this week. I have few trades running and i am planning to hold . As you all know, i trade higher time frames. So, intraday volatility do not bother me . Let's take a look at NGAS: This is a trending set up Weekly: Macd crossed up. Chikou above price. Price attempting kijun break. Daily:Cloud break out....
Hello traders Hope all is well and welcome to september. Gold is doing well. There are some good opportunities this week. Let's take a look at oil. Again keeping it simple is the key. Weekly is forming a doji at key support level. Price is in cloud. Macd is crossed up but chikou is below price. Daily is above kijun and above cloud now but we need to see the...
Hey guys So take a look at FTSE. I don't trade it as it it out of my time zone but i noticed it while i was scanning indices. I am in SPX500 trade. Trendline from 2016 is gone. Price backtested it and got rejected. It is also below cloud and below Kijun. You know what to do right?? Thanks for the read.
Here is quick update on AUDUSD. Weekly is bullish ichimoku with macd crossed up and price just tested support today. Daily again bullish and bounce from Kijun . I am long and looking at higher levels. There are plenty of setups around. I am looking for a bottom in grains. It's not there yet but will post once i see something. Trade safe. Thanks for the read.
Hey guys Hope trading is going well. I posted this earlier too. Just an update on gold. It is at major lvl. Looking at charts: Weekly is bullish set up. Pretty clear. Daily again is bullish set up. Look at ha delta when price bounced from support after retest. I am looking to add to my long on this breakout. I'll also post about AUDUSD. Happy trading.
Hey guys Just taking a stab at gold. It has good RR here. Ichimoku is bullish. Price reversed from key lvl. Chikou is bullish. I expect more upside. Let's see how this one plays out. Thought to share. Thanks