Crude Oil seems to have reacted well to the 87.50 Resistance we identified earlier. If the pullback continues from here, the first possible support is at around 77.88 where the Kijun-Sen has started turning Flat now.
Apr
18
2010
18
2010
Feb
14
2010
14
2010
Ichimoku Analysis: Crude Oil and 75$ zone
Watchout for 75.00 zone on Crude Oil, we may see another Bearish run from there … Also keep an eye on USDCAD at the same time …
Jan
28
2010
28
2010
Ichimoku Analysis: EURAUD
There is a difference between closing Short Positions (and possibly being on sideline) and a Great Opportunity to go Long … but then it always depends on your objectives, if a profit of 50 to 100 pips is what required here then it might be a different story other wise I wouldn’t think these EURAUD [...]
Dec
29
2009
29
2009
Ichimoku Analysis: USD Index 29th Dec 2009
The USD Index seems to be in over-shoot zone right now and it appears that its getting ready for a limited pullback. There is a combination of a Flat Senko-Span plus a Flat Kijun-Sen which should act as a nice decent support. However, thin volume before the big players return to market means anything is [...]
Dec
16
2009
16
2009
Weekly Ichimoku: FTSE 100 Support Resistance
As expected, things are slowly and gradually falling into place for FTSE 100. The downtrend can not be confirmed as yet because we still do not have a Bearish Mode activated on Daily timeframe yet. Once the Bearish setup is confirmed, our major Support will be at around 4700 which is actually the Kijun-Sen (turning [...]
Dec
7
2009
7
2009
Ichimoku Analysis: GBPUSD 7th Dec 2009
As we identified earlier in the Long Term Analysis for GBPUSD, things seems to be moving quite fast now. Actually, I did not expect such a fast Price Action to move in downward direction but here we are Currently, Weekly, Daily, 4H and 1H are all Bearish. In shorter term, the Pair seems to have [...]
Nov
29
2009
29
2009
Ichimoku Analysis: Bearish on JPY Crosses 29th Nov 2009
I suggest caution for those who are either Long already or Feeling Bullish on JPY Crosses. The picture is very much Bearish as yet until we see a strong commitment from BOJ to intervene …
Nov
27
2009
27
2009
Article: How to trade with Ichimoku
I’ve been asked this question several times on Forums, many times I’ve tried to explain that Ichimoku is basically a Market Analysis Tool and not a Trading System. However, it doesnt mean that you cant make it work for your regular trades. The advantage to trade with Ichimoku is that you’ll get very few Trading [...]
Nov
26
2009
26
2009
Ichimoku Analysis: Cable and Euro 26th Nov 2009
Some fresh thoughts on EURUSD and GBPUSD … by the way I’m still holding my Long Positions for EURGBP from 0.8950
Nov
26
2009
26
2009
Trade Details: Covered EURUSD 26 Nov 2009
As discussed earlier, I’ve had a Bullish Bias for EURUSD for this week, I’ve now covered all my Long Positions at 1.5137 (the position I explained as the highest level of Resistance earlier in my weekend analysis). I’ve been building up Long Positions from 1.4850 level which was the Kijun-Sen Support for pair …
Nov
7
2009
7
2009
Trade Updates: Short on EURUSD
I’m short on EURUSD from 1.49 but for a very limited time period as I’m expecting another re-bound in prices from at or around 1.472 level. I was prepared to add more Shorts from 1.497x levels as that was a very Strong Resistance level for this pair …
Nov
7
2009
7
2009
Ichimoku Analysis: QQQQ updates 7th Nov 2009
The reason I’ve been covering this QQQQ Analysis in a series os posts since last week is to explain how to plan and then follow up on a possible trade. Of course, not every time your analysis will be successful and sometimes you’re forced to go back to the drawing board and analyse things from [...]
Oct
15
2009
15
2009
Ichimoku Weekly: GBPUSD – 15-Oct-2009
Some more thoughts on GBPUSD which may or may not play out in the near future. I need next week’s candle to close outside of either Tenkan-Sen or Kijun-Sen or otherwise its going to remain a Range-Bound Market and trade within the Kumo Cloud for many weeks to come …
Oct
14
2009
14
2009
4H Trade: Shorting EURGBP – 14th Oct 2009
As discussed earlier, besides Yen Crosses I was also looking at a possible Reversal for EURGBP, its still quite early to make calls here but this pair has a chance to travel down for quite a long move. I’ll take Profits at the levels marked in chart but will also hold some positions if the [...]
Oct
14
2009
14
2009
4H Trade: Yen Crosses – 14th Oct 2009
As discussed earlier in my previous post, I was looking for a Rebound of JPY against the Majors. As expected the larger move was in USDJPY (clearly suggested by the USD Index Chart which I will post later in a seperate post) while the EURJPY’s drop was quite convincing too. CADJPY, however has still refused [...]
Sep
13
2009
13
2009
MT4 Indicators: Trading with Ichimoku
Here is the new version, which is actually the Re-write of previously posted Ichimoku Indicator. It gives a better insight into whats going on in terms of Ichimoku Analysis but I still have to work on Alerting System (on screen as well as Email). Hope you’ll find it useful … The Indicator can be downloaded [...]
Sep
5
2009
5
2009
MT4 Indicators: Ichimoku Trade Signals
I’ve been working on this Ichimoku Indicator for few days and just thought to share my first version with you guys. The basic idea is to not only display the valuable Ichimoku Values on top-left hand side of screen (such as Tenkan and Kijun values etc) but also to show an Alert box when Buy [...]
Aug
30
2009
30
2009
Ichimoku Analysis: USDJPY 29th August 2009
My friends at the FxRoom24 know very well that I’ve been Bullish on JPY for quite a sometime and made the most of my last month’s profits by shorting on Yen Pairs. The top one was USDJPY and EURJPY. During the month I’ve come across several calls for the end of Bearish Trend of USDJPY [...]
Aug
20
2009
20
2009
Trade Updates: 20th August 2009
Well, yesterday was quite an interesting day for USD and what we noticed was some resistance from the Major Currencies against the USD, however this was nothing like a surprise. If you scroll down few pages, you’ll find my post in which I mentioned that I was covering my Short Positions on Crude Oil as [...]
Jul
30
2009
30
2009
Ichimoku Daily: SP500 30th July 2009
As we identified in our earlier Ichimoku Analysis for SP500, the prices have made some sort of Retracement and have decided to shy away from its psychological level breaking of 1000 points. The similar pattern is also visible on other major markets around the world. However, if we analyze closely, Bears although have closed the [...]
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