Ichimoku Trading Strategies AUDUSD 16-July-2013 #4

Not a very good way to end the month with. Was stopped out in the AUDUSD as seen from the chart. A sharp reversal in the price action piercing from above the ichimoku cloud to below the ichimoku cloud.

Ichimoku Trading Strategies AUDUSD 16-July-2013 #3

Coming to the end of the week, it's weekend tomorrow!

Price action gave a scare this week, touching and cutting through cloud lo, and rebounded back above the cloud. Also mentioned previously was the level 9300, it continued to be a resistance level for the price action to break through. Added another long position near the kijun-sen.

Technical Analysis (Ichimoku Charting)

Tenkan-sen is currently below the kijun-sen, while the price action and chikou-span remain above. The forward ichimoku cloud reflecting thickness, indicating the support level is building up as price moves forward. The rebounding of price action after touch ichimoku cloud low also indicates long buyers are coming in.

Trading Strategies (Ichimoku Trading)

Establish long with stop loss below cloud. Stop in traders may consider level above 9300.

Singapore Forex Trader

Ichimoku Trading Strategies AUDUSD 16-July-2013 #2

We continued our update from the previous ichimoku blog post.

Established another position as tenkan-sen cut above kijun-sen a couple of periods back.Stop loss level remains below the kumo cloud. It was about the same time the kumo cloud turned bullish.

Technical Analysis (Ichimoku Charting)

Looking ahead, it would be desirable that kijun sen and chikou span cut about the kumo cloud. As chikou span still below the recent high @ 9300 level, that would be a level to watch out for.

Trading Strategies (Ichimoku Trading)

May continue to establish long as the price unveils with stop loss below cloud lo level. Watch out for reaction at around 9300 level.

Singapore Ichimoku Trader

Ichimoku Trading Strategies AUDUSD 16-July-2013 #1

Established a long position in AUDUSD. This is based on the price action above the ichimoku cloud ONLY.

The position is established based on reduce risk in terms of sizing.

Technical analysis (Ichimoku Charting)

Tenkan-sen has yet to cut to kijun-sen, and chikou span is still below the kumo cloud lo, though it has now cut above the tenkan-sen and kijun-sen. The forward cloud has yet turned positive either. Except the price action and chikou span above both the tenkan-sen and kijun-sen, the remaining indicators from ichimoku charting has yet firmed up a bull call signal.

Trading Strategies (Ichimoku Trading)

Long position may be established or may start to be established. Sizing may be increased gradually as more confirmation signals from ichimoku charting itself. May look out for tenkan-sen above kijun sen, forward cloud turning bullish, and chikou span cutting above kumo cloud hi.

Singapore Ichimoku Trader

Ichimoku Trading Strategies for Forex USDJPY 27-Jun-2013 #6

Exit all positions as price action entered into the ichimoku cloud. Currently all flat.

Singapore Forex Trader

Ichimoku Trading Strategies for Forex USDJPY 27-Jun-2013 #5

Square off partial position for profit taking the day before, remaining positions remain open.

Technical Analysis (Ichimoku Charting)

Price action came south hard, piercing through both tenkan-sen and kijun sen, and it has brought tenkan sen cutting below kijun-sen soon. Chikou span is now hoovering above tenkan-sen, and may look to cut below tenkan-sen and kijun-sen soon. The ichimoku cloud remains thick looking forward, and look to provide good support to the price action.

Trading Strategies (Ichimoku Trading)

General view remains bullish. Very much is dependent on the price action itself. Current level or cloud top level will be levels to look at to establish long with stop below cloud lo. Short is not really recommended at such stages.

(On a side note, some meeting later today may have big influence to the price action, not of a concern here though)

Singapore Forex Trader

Intra-day Trade using Ichimoku Trading Strategies 09 Jul 2013

Did an intra-day trade earlier. Decided to blog on it.

The general set up is using ichimoku charting.

The first entry was short. It was established while price near the kijun-sen. It was an active set up, anticipating that price action will be moving. Unfortunately, not much movement, position was closed out.

The second entry was more of a reactive entry, as price action began to move. Profit level set up.

Profit target hit shortly after (Partial closed out)

Exit remaining position shortly after.

General Principle:

• Sell if price action is below the ichimoku cloud.
• Close out as tenkan sen and kijun sen diverge out.

Ichimoku Trading Strategies for Forex USDJPY 27-Jun-2013 #4

Continued with the USDJPY ichimoku blog. Added position to the current trend.

A recap: First established on 27-Jun @ 98.33, closed out partial for profit taking @ 99.45, now adds position @ 100.88

Technical Analysis (Ichimoku Charting) 

All ichimoku indicators are in bullish mode. More important, chikou span break new high for its own 26 periods lagging.

Trading Strategies (Ichimoku Trading)

Looking to long only. Current level, with stop loss below ichimoku cloud. Depending how price action unveils, will adjust accordingly

Singapore Forex Trader

Ichimoku Trading Strategies for Forex USDJPY 27-Jun-2013 #3

Price action made a dramatic move southward after the ichimoku blog yesterday.

Partial profit has been taken, with remaining positions have stopped loss below the ichimoku cloud.

Trading Strategies (Ichimoku Trading)

Remain bullish with remaining long positions. Continue to look for opportunity to establish long position. Tenkan-sen and Kijun-sen remain levels to be watch out. Will see how the price action unfolds. Stop loss remains below the cloud lo.

Singapore Forex Trader

Ichimoku Trading Strategies for Forex USDJPY 27-Jun-2013 #2

Continued from previous ichimoku blog on this trade.

Price action has a good run up. Will see how the price action reveals itself.

Technical Analysis (Ichimoku Charting)

All ichimoku charting indicators are in bullish mode. A bullish trend till it changes

Trading Strategies (Ichimoku Trading)

Tenkan-sen maybe a good level to go for long entry. Stop loss remains below the cloud lo

Singapore Forex Trader