The808Trader

The808Trader

Into the cloud we went last week indicating that this pair is ranging between trends. This is an ideal opportunity to possibly get into a new trend, should one form this week. Right now all signs point to bullish, but kijun is getting pretty close to tenken. As long as our bullish confirmations remain I expect price to move a little sideways here. I am looking for...

The808Trader

With this pair in a bearish trend right now I am looking for a trend continuation trade. All signs still remain bearish but we've been hung up a little bit here at resistance. I am looking to enter a sell on a break of 114.96 If we can break that level we should continue to drop. I'm keeping an eye on our bearish signs to hold as I look to enter a sell

The808Trader

I am looking for a trend continuation trade on this pair. We've been on a nice bullish run here, and I am looking to enter if that trend can break resistance around .8993 If we can break that level then it should start acting as support for further bullish movement. I may also enter off a tenken sen bounce, but I tend to like resistance level broken trades since...

The808Trader Updated 

Eur Nzd has broken out above the cloud and holds the typical ichimoku bullish confirmation signs. I am targeting previous support/resistance levels as my targets. I will look to exit our trade if we get a bearish TK cross, chikou span falls below price, or our stop loss is hit.

The808Trader

This pair has been in the cloud, which indicates that it is ranging between strong price trends. We are staying below kijun and tenken and chikou span has been hanging out below price. We got rejcted at the bottom of the cloud, which is flat, indicating a strong level of support/resistance. If we can break that level we could be in store for a good short run. I've...

The808Trader

This is an anticipatory analysis based on price action combined with ichimoku. Structure is showing us we are in a wedge right now that should break bullishly. We do have several news events coming up that could affect this pair so I will wait for technical confirmation. The cloud is starting to get thinner indicating we may see a future bullish kumo twist soon....

The808Trader

While I am mostly an Ichimoku system trader it would be foolish to ignore price action and structure. Currently I am watching a bullish price structure continue as we've hit the third wave of price movement. It is possible that we may be forming a new overall bullish trend in ichimoku. I am looking for a kumo breakout, bullish future kumo twist, chikou span to...

The808Trader

Eur Usd looks set to continue its bearish channel before finding resistance