Monthly Archives: January 2016

Ichimoku Canadian Stock Trade for the Week ending Jan. 29, 2016: POTASH CORPORATION of SASKATCHEWAN INC., SELL

Posted on January 31st, 2016 by
01_21_2016_4_C

On January 21, 2016, we received an Ichimoku 4 multiple time frame Sell email alert on POTASH CORPORATION of SASKATCHEWAN INC., for the Canadian Stock Market. The email is shown below:

The email alert was for a break out of the stock on the bearish side. This breakout setup was emailed through the automated email alert system, as shown above. As soon as the price broke on the bearish side, it had a strong momentum supporting it.    There was an ideal opportunity to take a break out trade.    The entry was at $22.558, Initial stop of $23.328 and a Preserve Mode of $20.889 was set.  That gave us a risk of $0.77 per share. The Entry, Initial Stop and the Target were based on proprietary ichimoku strategy. As soon as the price started to move in the direction of the trade, a trailing stop method was applied, again based on proprietary ichimoku strategy. The price hit the anticipated preserve mode and the trade exited, giving us a profit of $1.669 Per Share. This trade gave a Risk to Reward Ratio of 1 : 2.17. Here is the chart setup:

If you would like to learn how to trade …
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Ichimoku Indian Stock Trade for the Week ending Jan. 29, 2016: BOSCH LIMITED, SELL

Posted on January 31st, 2016 by
01_20_2016_4_I

On January 20, 2016, we received an Ichimoku 4 multiple time frame Sell email alert on BOSCH LIMITED, for the Indian Stock Market. The email is shown below:

The email alert was for a break out of the stock on the bearish side. This breakout setup was emailed through the automated email alert system, as shown above. As soon as the price broke on the bearish side, it had a strong momentum supporting it. There was an ideal opportunity to take a break out trade. The entry was at Rs 17618.48, Initial stop of Rs 17873.18 and a Preserve Mode of Rs 16924.87 was set. That gave us a risk of Rs 254.70 per share. The Entry, Initial Stop and the Preserve Mode were based on proprietary ichimoku strategy. As soon as the price started to move in the direction of the trade, a trailing stop method was applied, again based on proprietary ichimoku strategy. The price hit the anticipated preserve mode and the trade exited, giving us a profit of Rs 693.31 per share. This trade gave a Risk to Reward Ratio of 1: 2.73. Here is the chart setup:

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Futures Update: Month-ending January 31, 2016

Posted on January 31st, 2016 by
Summary Table

Over the past year, we have encouraged traders to diversify their portfolios and this is one thing we will continue to do. During our October 2015 newsletter, we put a special emphasis on trading Futures products and took a detailed look at the major products in this category from Equity Indexes, Energy, Metals and more. We will continue to track these on a month-to-month basis and provide our views.

The purpose of this particular research article is to outline the long-term and short-term outlook on some of the most actively traded Futures contracts. This research was conducted using purely technical analysis. The analysis looked at the Monthly, Weekly, and Daily time frames. The monthly time frame provides a 2 to 5 year projection; the weekly time frame provides a 6 month to 2 year projection; the daily time frame provides a 1 to 6 month projection.

The following table provides a summary of various Futures contracts:

 

Interest Rates

30-Year U.S. Treasury Bond

Below are the Monthly, Weekly, and Daily charts of the 30-Year U.S. Treasury Bond. The Monthly is above the cloud and bullish in the long-term, targeting the high of 166’21. The Weekly is also bullish and …
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GOLd in the Rainforest

Posted on January 30th, 2016 by
GOL Stock Daily 1-29-2016

Like most tips this came from a friend of a friend.  I must admit as my friend began relating to me his friend’s windfall profits, doubling his money in the span of week, my first reaction was “Cool story bro.”  But perhaps this was a cool story, bro… and there may be something to it.  I do my best not to poo-poo any trading ideas at first because you never know what might lead to an edge on the markets.

The stock in question was (GOL) which through misunderstanding was presented to me as a gold based stock.  That did not make sense at all to me.  So a little research into the real details revealed it to be Gol Linhas Aereas Inteligentes which is one of the largest Brazilian airlines.  They are a budget airline akin to the American version of Spirit.  Hopefully the quality of their airline is superior to Spirit’s plastic fold out chairs shared next to passengers that felt it appropriate to bring their hot chicken wings and consume them elbow to elbow with you in the brief stint that reminds one to be a better religious adherent that one may not spend an eternity of damnation in a similar place.

So what is really …
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Ichimoku Germany Stock Trade for the Week ending January 29th, 2016: ADS.D-CHX, Adidas AG

Posted on January 28th, 2016 by
ADS

On January 25th, 2016, we received an Ichimoku 5 time frame buy email alert on ADS.D-CHX, Adidas AG for the German Stock Market. The email alert is shown below

:

We initially had an Ichimoku 5 time frame buy email alert on January 20th, but our order did not fill for the 2hr Kijun Sen pullback at 88.45.  Price got to 88.49 which was just shy of or entry.

We received another alert on January 25th and the charts were still bullish so we placed a breakout order at 95.35. This level would clear the previous pivot and create a new high.  Our stop is 87.35 and our target at 103.35, giving us an initial reward to risk of 1 to 1.

See chart below for setup….

If you would like to learn how to trade like an institutional trader or learn more about our multi-timeframe email alerts, go to www.ichimokutrade.com or email us at info@eiicapital.com

EDUCATIONAL USE: Commodity Futures Trading Commission, Forex, Futures, Equity and Options Trading has large potential rewards, but also has large potential risk and may not be suitable for everyone. You must be aware of the risks and be willing to accept them in order to invest in these markets. Do not trade with money you cannot …
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When there are no good Options

Posted on January 28th, 2016 by
RCL Options 1-28-2016

The Stock RCL, Royal Caribbean Cruises LTD, reached a support this morning during trading hours based on a prior researched alert.  This stock is still quite bullish in the longer term Quarterly and Monthly timeframes and apparently the Market Makers for options are pricing this in as such.

Our scanners at Ichimokutrade.com register the average Implied Volatility at 40%.  As you can see in the image below the June 16 and January 17 Options in the chain are all below average.  However, the options remain excessively high priced.  Earnings are coming up next week which can be a cause for higher IV and thus Option pricing but look at the moves these Options are “implying”.

 

A 5 month move of $16.50/share would represent a 22% move in the stock An 11 month move of $25.28/share would represent a 33% move in the stock

If we assume that the average earnings movement is 3-5%, and even consider 2 earnings announcements and 3 earnings announcements respectively, it seems very unlikely that an earnings jump would allow us to get a proper reward based on the risk priced into these Options.

 

If you would like to learn how to trade like an institutional …
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USDCAD 5X EMAIL ALERT 1/26

Posted on January 27th, 2016 by
USDCAD 5X ALERT

Here is 5x email alert for USDCAD. I’m very picky when play anything less than a 6x and 7x alert. When playing a 5 or less, I want to make sure I cover my zones and have a strategy in each. (zones are, 10.30.60m daytrading 120.240m swing , D and W long term) Here I have one in each. Now I can follow my 3 step trading plan.

1. Find Email Alert

2.  Find iMTF

3. Money management/risk management. ( find stop by using ATR26/50.  Pull Back must have 3:1 reward/risk, Breakout must have 1:1 reward/risk. )

 

If this pull back does not trigger then sentiment is strong bearish. I will then place break out trade.

I included a 3 pip spread into my stop.

 

CANCELED Trade above 1.27.16. Price is not pulling back to the MTF, show its a strong bearish sentiment. I could set up a break out order but what I want to do is keep my risk low. The Month and Weekly are still bullish. So I want to be careful. I found a lower time frame MTF on the 2hr, 1hr. 30m.& 10m. This is a 30m play. Take a look at the …
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Taking a look at the 7x and 6x email alerts for Currencies for the week of JAN 22

Posted on January 25th, 2016 by
CADJPY 6X CHART

Typically a Heatmap 7 time and 6 time frame email alert is high probability for a trend to begin. But it can also be a high probability to reverse. I’m using a 3 Step Trading Plan. 1st I find an Email Alert. 2nd find the major iMTF (ichimoku Multi Time Frame) support/resistance level. 3rd Money Management. Find my stop by using ATR (Average True Range) 26(BARS)/2. Then take that value and deduct it from the iMTF. Trail stop off the kijen-sen (26 bar line). Look for 3:1  reward/risk for pull backs and 1:1 reward risk for break outs. Lets take a look at this past weeks email alert.

Watching how price reacts to these iMTF’s,  you can tell you a lot about he chart. You can see how strong the sentiment of the chart is. Here are a few rules to consider with iMTF’s and its relation to price.

1. If price does not pull back the iMTF,  then we have strong sentiment for a break out.

2. If price pulls back to the iMTF and holds, we now have a pull back with a high probability to the pivot,

3. If price does pull back to the iMTF and breaks it, then we have weakness, which …
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Taking a look at the 7 and 6 time email alerts for Futures for the week of JAN 22

Posted on January 25th, 2016 by
CT 6X ALERT

Typically a 7x and 6x email alert is high probability for a trend to begin. But it can also be a high probability to reverse. I’m using a 3 step trading plan. 1st I find an email alert. 2nd find the major iMTF. 3rd find my stop by using ATR 26/50. Look for 3:1  reward/risk for pullbacks and 1:1 reward risk for break  outs. Lets take a look at this past weeks email alert.

      

Take these multi time email alerts and look for Ichimoku Multi Time Frame (iMTF) support/resistance  to find low risk pull backs. You can see how important it is to identify the iMTF. So when looking at the email alerts,  the first thing I want to look for is the iMTF. If there is no iMTF then I don’t take the trade. If there is an iMTF,  then I place a trade at that iMTF. If price does not pull back to the iMTF then this means the sentiment is strong and then I place a break out order. Use the chart to give you clues to what price wants to do. Also don’t forget about reversals. If price breaks the iMTF then look …
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Ichimoku Canadian Stock Trade for the Week ending Jan. 22, 2016: SUPERIOR PLUS CORP., SELL

Posted on January 25th, 2016 by
01_13_2016_4_C

On January 13, 2016, we received an Ichimoku 4 multiple time frame Sell email alert on SUPERIOR PLUS CORP., for the Canadian Stock Market. The email is shown below:

The email alert was for a break out of the stock on the bearish side. This breakout setup was emailed through the automated email alert system, as shown above. As soon as the price broke on the bearish side, it had a strong momentum supporting it.    There was an ideal opportunity to take a break out trade.    The entry was at $10.049, Initial stop of $10.542 and a preserve mode of $9.251 was set.  That gave us a risk of $0.493 per share. The Entry, Initial Stop and the Target were based on proprietary ichimoku strategy. As soon as the price started to move in the direction of the trade, a trailing stop method was applied, again based on proprietary ichimoku strategy. The price hit the anticipated preserve mode and the trade exited, giving us a profit of $0.798 Per Share. This trade gave a Risk to Reward Ratio of 1 : 1.62. Here is the chart setup:

If you would like to learn how to trade like an …
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