The808Trader

The808Trader

With the upcoming Brexit vote on Tuesday I am once again expecting some GBP uncertainty. In order to take advantage of this uncertainty I'll be looking for a sell to break the current trend line I drew for entry. This should also coincide with a bearish kumo twist and bearish TK cross if this move down does happen. If we fail to break to the trend line or get...

The808Trader

We've been on a good bearish run with this pair and I'm looking for a chance to hop on the train as it continues to fall. I am looking for a little lower movement to act as a trigger for entry so I may set this one as a sell stop. I am looking for the previous major structure low as my Take Profit area. I'm going to keep my stop loss decently tight for this one...

The808Trader

We have been moving a bit sideways with this pair so I'm watching for a good breakout of these support or resistance levels we've been pinging around between. If we can get the breakout down below with the news, it could move pretty quickly. I don't want to spend too long a time in this one because I'm unsure it will be a long term swing, so I am aiming for...

The808Trader

We found support twice but have been moving within a pretty narrow band as we've moved sideways. With the good economic data the US has been getting combined with the news that China and the US are putting their trade war on hold, I'm expecting a move up here. I'm looking for a kumo breakout to enter since we already have a bullish kumo twist and bullish TK cross....

The808Trader

You can see the play from last week to the left of this setup. It went really well for us and I announced in the members area where I was getting out of most of the position. We were able to snag 100 pips or so and I'm looking for an even bigger drawback based on the daily chart, looking here on the 4 hour for entry. I've drawn out the first major level of...

The808Trader

This pair has been steadily climbing higher since our hard drop last week. We are nearing a bulish kumo twist that I am looking for combined with a bullish kumo breakout to enter a long position. I've laid out a TP at an area of previous resistance, but I may hold holder term as a swing if we can break that level as well. If we fail to get the kumo twist and the...

The808Trader

This pair started to consolidate last week before ending it's bullish run for at least the short term. Right now we have completed a kumo twist, chikou span is below price and Tenken sen and Kijun sen have flattened out here indicating the loss of momentum we've seen. I am look for a small rise to the kumo and tenken to get a good rejection candle for a sell...

The808Trader

Gold rose high last week and we had a kumo breakout before our final confirmations came. I am looking for a drop to support, either the kumo or tenken sen to find support at to look for a buy. If price finds support there I will look for a buy. If we drop and fall through that support, this setup will become invalidated.

The808Trader

If you're in the membership you'll recognize this setup from last week. We are looking at a drawback or early reversal setup with EUR/NZD. This is why we're watching on the 1 hour for a possible buy entry upon a breakout. My target is tenken sen on the daily but we may need to adjust the TP as tenken sen moves on the daily chart. If we fail to break up bullishly...

The808Trader

This pair has been holding support and rising higher. I am looking for a kumo twist and bullish breakout to look for a chance to get long. IF we can get those confirmations, that will be enough signs to to enter. If we fail to break above the kumo and hold price then this setup may become invalidated.

The808Trader

This is a big drawback play that I've been watching on the daily. We are also headed towards a bullish TK on the 4 hour which leads me to believe we are about to have a major drawback despite our traditional bearish signs here. I am looking for a push up above our current candle, aiming for where our TK cross is taking place right now. If we complete the bullish...

The808Trader

This setup comes from the daily, watching for a drawback. I've zoomed in here on the 4 hour so you can see the setup a little closer. Remember that drawbacks are by nature a little more risky than trend trades since statistically a trend is more likely to continue than to end. So, if we get the break below the current candles we'll have I'll be risking about 1% of...

The808Trader

This pair has stalled out a little bit here and started to move sideways. I am waiting on a move higher to test resistance before looking for a sell to the down side. If we can get a rise to kijun sen and a good rejection candle form I will look to enter this sell. If we break through that resistance or fail to raise that high, this setup may become invalidated.

The808Trader

We had a long move sideways last week before finally break up and out of the kumo. There are two ways I can look to enter a buy here. I've set this entry at a break above previous resistance. As an alternative I can wait for a good support candle at tenken sen or kijun sen for an entry. As long as we can break above the entry I've shown above we should be able to...

The808Trader

We had a big move upward last week and price has stalled out a little bit here. I am watching for a drop to tenken sen support. If we can drop down to it and see a good support candle hold then I'll be looking to enter a long position for a climb higher. If we fail to drop to support and hold, or if we don't see a good support candle for entry, this setup will...

The808Trader

I'm moving to the daily chart for this analysis, so this will be a swing trade instead of our typical short term trade. We rose up at the end of last week and met the kumo cloud and kijun sen acting as resistance. If this resistance holds we can look for a sell. I am setting a sell entry below our current candle, but as an alternative I may take a sell at the kumo...

The808Trader

We've had a textbook kumo breakout with some secondary chances to enter a sell at our typical bounce trades. I am looking for another tenken sen rejection here for a possible sell to the next major support zone. I've set my entry level below our current candle hoping to catch that move down. I will also take partial profit at our previous candles low if we move...

The808Trader

We had a big bearish move last week before this pair finally found support and retraced all the way back up to kijun sen. It is still holding resistance here and I am watching for a continued move down with an opportune time to enter. I've set my sentry level at tenken sen hoping to catch a move down if we see our bearish price movement continue. I've set my TP...