Monthly Archives: February 2016

Taking a look at the 7x and 6x email alerts for Currencies for the week of March 4

Posted on February 29th, 2016 by
GBPUSD 6x ALERT

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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Ichimoku UK FTSE Stock Trade for the Week ending February 26th, 2016: ITRK-LON, INTERTEK GROUP

Posted on February 28th, 2016 by
22816ITRK

On February 24th, 2016, we received an Ichimoku 4 time frame Buy email alert on ITRK-LON, INTERTEK GROUP for the UK FTSE Stock Market. The email alert is shown below:

We liked the cloud breakout strategy on the 4hr chart and so the next step is to check the higher time frames to make sure they are not against the direction of the 4hr trade.  The daily and weekly charts were also bullish, so we can now check our reward to risk ratio.  Our entry would have been 2957 with a stop at 2758 and the target at 3104.  This gave us a reward to risk ratio less than 1 to 1.  Since we are rules based traders we did not take the trade as it would have violated our reward to risk ratio rule.

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 …
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Taking a look at the 7x and 6x email alerts for Currencies for the week of FEB 26

Posted on February 24th, 2016 by
EURJPY 6x ALERT

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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What is the ES doing and can we take the fear out of what people fear most.

Posted on February 24th, 2016 by
ES Qtr Chart

In the last news letter, I spoke about MTF’s and consolidations. I used the ES as an example. I showed that we are below a major MTF on the higher time frames. The question will be are we able to get above this MTF to stay bullish. What are the signs that we can look to show us that we can get above the major MTF.  Its important to let the chart give the clues to what could happen. We must take our emotions out of trading. A lot of people are worried about there long term positions. The truth is we a not in the clear yet. We are more likely to consolidate or even set up for a short. We really need to get above the major MTF to have any signs of hope to stay bullish. Personally for myself I have learned to trade the market up or down and not let any bias control my judgement. To let the chart tell me which way to trade. Lets take a look at some higher time frame charts and see whats a head of us.

 

Here is a QTR chart. As you can see we are bullish. Still …
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Stock Market Executive Summary

Posted on February 22nd, 2016 by
2016-02-21_222140vix_w

Stock Market Executive Summary

Last week, we had to do an update twice due to the location of price on the charts.     Here is the last statement we made during mid-week:

“In conclusion, we have a short bullish movement to the $VIX support and $ES resistance.   Once we get to these levels, we can forecast from that point on.”

The week ended positive.   This is now 2 weeks in a row.    Even though we closed positive, it really didn’t mean anything because we have not broken a major resistance value.     In fact, was interesting is that the $VIX closed at the support but the $ES never got to it’s resistance.    Now, the question is which one is really representing the market.    Let’s do a complete market analysis to determine what can possible happen next week.

Since beginning of 2015, the $VIX has been a leading indicator for the US Stock markets.    Below is the weekly chart for the $VIX provided by eSignal.

Price is right at the major support for the top zone.   For years, we have outlined two trading zones.    The top zone between 20.52 and …
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Taking a look at the 7x and 6x email alerts for Currencies for the week of FEB 19

Posted on February 22nd, 2016 by
AUDCAD 6x Alert

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 …
Read More >>

Taking a look at the 7 and 6 time email alerts for Futures for the week of Feb 19

Posted on February 22nd, 2016 by
LH 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 for it …
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Ichimoku Canadian Stock Trade for the Week ending Feb. 19, 2016: BELL CANADA ENTERPRISES, BUY

Posted on February 22nd, 2016 by
02_14_2016_4_C

On February 14, 2016, we received an Ichimoku 4 multiple time frame Buy email alert on BELL CANADA ENTERPRISES, for the Canadian Stock Market. The email is shown below:

The email alert was for a break out of the stock on the bullish side. This breakout setup was emailed through the automated email alert system, as shown above. As soon as the price broke on the bullish side, it had a strong momentum supporting it.    There was an ideal opportunity to take a break out trade.    The entry was at $57.927, Initial stop of $57.624 and a Preserve Mode of $59.027 was set.  That gave us a risk of $0.303 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 $1.10 Per Share. This trade gave a Risk to Reward Ratio of 1 : 3.64. Here is the chart setup:

If you would like to learn how to trade like an …
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Ichimoku Indian Stock Trade for the Week ending Feb. 19, 2016: JSW ENERGY LIMITED, SELL

Posted on February 22nd, 2016 by
02_08_2016_4_I

On February 08, 2016, we received an Ichimoku 4 multiple time frame Sell email alert on JSW ENERGY 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 69.42, Initial stop of Rs 73.49 and a Preserve Mode of Rs 59.92 was set. That gave us a risk of Rs 4.07 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 9.50 per share. This trade gave a Risk to Reward Ratio of 1: 2.34. Here is the chart setup:

If you would like to learn how to trade like …
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Ichimoku Indian Stock Pullback Trade for the Week ending Feb. 19, 2016: INDRAPRASTHA GAS LIMITED, SELL

Posted on February 22nd, 2016 by
02_10_2016_PB_IGL 1

On February 10, 2016, we received an Ichimoku Bearish Pullback opportunity to take a Trade on INDRAPRASTHA GAS LIMITED Stocks. The opportunity was for a bearish pull back on a very strong resistance.  As soon as the price hit the resistance, it had a strong momentum supporting it. There was an ideal opportunity to take a pullback trade. The entry was at Rs 546.31, Initial stop of Rs 549.73 and a Preserve Mode of Rs 515.68 was set. That gave us a risk of Rs 3.42 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 30.63 per share. This trade gave a Risk to Reward Ratio of 1: 8.96. Here is the chart 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, …
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