Ichimoku is perhaps the best tool in Technical Analysis when it comes to find the Support and Resistance in market. The good thing is that it gives extremely clear signals of when to enter or exit from a Trade and also when to hold your Investments (as you can see in the Chart). In this [...]
Jan
1
2010
1
2010
Dec
17
2009
17
2009
Heads up: GBPUSD Updates
This is probably worse than I thought it would get. It just got back from the lowest level of its Resistance as we identfied yesterday. That is why I said earlier I dont trust anything these days when it comes to GBP. Currently, GU is at a very critical stage right now … Good luck [...]
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
8
2009
8
2009
Ichimoku Analysis: An example of Ichimoku Trade
I just found this wonderful chart showing how clear the Ichimoku Signals can be when the market is trending. As you can see in this example of USDILS (Israeli Shekel) the Support and Resistance is clearly respected by the Price. By the way, its a wonderful opportunity to Go Long from here if anyone is [...]
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 [...]
Nov
4
2009
4
2009
Trading Idea: Shorting Opportunity for QQQQ
I missed the current Short Trade Opportunity for QQQQ when it dropped all the way from 43.82 but by having a quick look at the chart its quite visible that even a greater opportunity seems to be setting up to short when the limited upside move has finished and the price has entered into the [...]
Nov
3
2009
3
2009
Ichimoku Analysis: EURUSD – 3rd Nov 2009
Some fresh thoughts on EURUSD …
Oct
26
2009
26
2009
Trading Idea: Long GBPUSD – 26th Oct 2009
I’m looking for a Long Trade Entry for GBPUSD depending on whether the pair is able to hold the Kumo Support at 1.6237. If not then the next possible entry might be the Chikou Span hiting the Kijun-Sen Line …
Oct
18
2009
18
2009
Ichimoku Weekly: Long Term Bias – 18th Oct 2009
Getting back from an overseas trip and catching up Flu and Cold is nothing new for me, I usually get this whenever I change my environment. But this also gives me an opportunity to just stay at home and focus on preparing Long Term Bias by combining the Ichimoku Analysis with Elliott Wave Counts. PS: [...]
Oct
16
2009
16
2009
Ichimoku Weekly: SP500 Analysis
Some thoughts about Ichimoku Support and Resistance levels for SP500. Everything depends on how the Chikou Span reacts to the Strong Resistance at 1108 level and if it decides to retrace from there. There are even chances that the Chikou Span can break the Kumo with a strong force and cross the Kumo so nothing [...]
Oct
15
2009
15
2009
Trade Updates: EURGBP Shorts – 15 Oct 2009
I’ve booked the profits on EURGBP Trade on 3 different levels. The move has respected well to the Trend Bias identified earlier in the week where EUR was losing its feet while GBP trying to recover from the losses it has seen since almost 2 weeks now. So far this is the end of the [...]
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
11
2009
11
2009
Ichimoku Weekly: Support Resistance for Majors
Ichimoku Support and Resistance Areas for Majors such as SP500, NASDAQ, EURUSD, GBPUSD, USDJPY and USDCAD for the week starting on 12th October 2009 …
Sep
22
2009
22
2009
Ichimoku Analysis: USDJPY – 22nd Sept 2009
As discussed earlier, the USDJPY has been able to clear the Kumo Resistance with quite a strong move. Currently its enjoying the Support at lower border of Kumo Cloud and if the immediate support at 91.19 is broken than we’ll be looking for the next level of support at 90.80 level. The recent downside move [...]
Sep
20
2009
20
2009
Ichimoku Analysis: USDJPY – 20th Sept 2009
Too early to make calls but if USDJPY has any significance when it comes to determine the next moves for the Major Pairs in Forex Market then we’re at a very crucial stage right now. For the first time in more than month and a half when USDJPY topped at 97.79, we’ve finally managed to [...]
Sep
19
2009
19
2009
4H Trade: Trades during week of 14th Sept 2009
As my friends know, I’ve been busy with my new job and not been able to trade as much as I was doing till August, I’m only taking trades where the outcome is more certain than others. During Last couple of weeks, I missed many interesting moves but some of the moves which I was [...]
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
29
2009
29
2009
Trend Bias: GBP and EUR – 28th August 2009
Someone on the Forum http://www.fxroom24.com/ has asked me that how come I’ve a Bullish Bias for EURUSD while feeling Bearish for GBPUSD. Here it goes First of all, this Bias is not long term and might be fading out already and secondly this is nothing new or unique. We have had these situations where one [...]
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