Monthly Archives: September 2016

Stop Panicking and take Advantage of the Ichimoku Pull Backs!

Posted on September 30th, 2016 by
2016-09-30_090438_es_alert

Stop Panicking and take Advantage of the Ichimoku Pull Backs!  Yesterday, we had a down day and everyone was talking negative.   Why?   Are the markets about to crash?    No is the answer.   When the markets were making high’s, everyone was saying it is too dangerous to buy now and they will wait for a pull back.    Now that a pull back is occurring, everyone is scared!   This is gambling i.e. when you trade with emotions.  Allow the charts where people’s action tell you what is going on.

Let’s examine the charts now and see what is really going on.

Below is the Seasonal pattern for the $ES Emini SP500 futures for September from www.alerttrades.com.  The statistics show there is a 51% probability of September being bearish with the last two years being bearish.   51% means we are going to swing in a consolidation pattern, not a trend.    The last two years, the reward/risk has been around 1:1.

Below is the daily chart for the $ES Emini SP500 futures provided by eSignal.     It shows so far, we have had a bullish movement of 0.93% and a bearish movement of 3.17%. …
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Forex / Currency 6 Timeframe Ichimoku Email Alert for the week ending Sept 23

Posted on September 26th, 2016 by
audcad-6x-alert

AUDCAD Forex / Currency 6 Timeframe Ichimoku Email Alert for the week ending Sept 23.  On Sept 23th, we received an 6 and also a 7 time frame Ichimoku Multiple time frame email alert at www.ichimokutrade.com.   Here is the email alert.

Based on the 3 Step Trading Plan published earlier. (https://www.ichimokutrade.com/c/?p=10431), we looked at at a pull back trade on a 1hr time frame provided by ThinkorSwim.   Here is the chart setup.

AUDCHF Forex / Currency 6 Timeframe Ichimoku Email Alert for the week ending Sept 23.  On Sept 20th, we received an 6 and also a 7 time frame Ichimoku Multiple time frame email alert at www.ichimokutrade.com.   Here is the email alert.

Based on the 3 Step Trading Plan published earlier. (https://www.ichimokutrade.com/c/?p=10431), we looked at at a pull back trade on a 1hr time frame provided by ThinkorSwim.   Here is the chart setup.

CHFJPY, USDJPY Forex / Currency 6 Timeframe Ichimoku Email Alert for the week ending Sept 23.  On Sept 20th, we received an 6 and also a 7 time frame Ichimoku Multiple time frame email alert at www.ichimokutrade.com.   Here is the email alert.

Based on the 3 Step Trading Plan published earlier. …
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TIF: SP500 7 Timeframe Ichimoku Email Alert for the week ending Sept 23

Posted on September 25th, 2016 by
2509_7tf_tif_pb_alert

TIF SP500 7 Timeframe Ichimoku Email Alert for the week ending Sept 23.  On Sept 23, we received a 7 time frame Ichimoku Multiple time frame email alert at www.ichimokutrade.com.   Here is the email alert:

Based on the 3 Step Trading Plan published earlier. (https://www.ichimokutrade.com/c/?p=10431), we looked at a iMTF Bullish Pull Back Trade on a 30m time frame provided by eSignal.   Here is the chart setup:

There is a 240/120/60/30/10 iMTF support @72.34, which is also our entry. Initial stop is 72.10.  Our target will be the pivot low @ 73.40. Now, the reward risk ratio was a 3:1, hence we decide to take the trade as it did fit our trade plan. The trade has been triggered on the 23 Sept.

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 can not afford to lose. This is neither …
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Ichimoku Technical Analysis : Where we stand with everything before Fed Announcement?

Posted on September 21st, 2016 by
2016-09-21_103754_30year

Ichimoku Technical Analysis : Where we stand with everything before Fed Announcement?  We are at that time AGAIN where the Fed is going to make a decision on increasing the interest rates or not.    All media and traders are focused on this big decision day.    Markets are reacting to this and anxiously waiting.    The “bets are on the table”.

Let’s look at the charts and see what is going on with the various instruments that can be affected today.     We will focus on the higher time frames i.e.. Daily, Weekly, and/or Monthly in order to get a long term view.    Note:  All charts are provided by Thinkorswim from TDAmeritrade.

Below is the monthly chart for the 30 Year US Treasury Bond futures $US or $ZB.   The chart is in a long term bullish trend and the major support holding this trend is 164’11.

Below is the daily chart of the $VIX, the Volatility Index.   The $VIX has an inverse relationship with the stock market and we have been using the Support/Resistance levels to forecast the market.     Right now, the $VIX has been ranging from 11.95 to 20.57.     …
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Forex / Currency 6 Timeframe Ichimoku Email Alert for the week ending Sept 16

Posted on September 18th, 2016 by
audcad-6x-alert

AUDCAD Forex / Currency 6 Timeframe Ichimoku Email Alert for the week ending Sept 16.  On Sept 13th, we received an 6 and also a 7 time frame Ichimoku Multiple time frame email alert at www.ichimokutrade.com.   Here is the email alert.

Based on the 3 Step Trading Plan published earlier. (https://www.ichimokutrade.com/c/?p=10431), we looked at at a pull back trade on a 1hr time frame provided by ThinkorSwim.   Here is the chart setup.

AUDJPY Forex / Currency 6 Timeframe Ichimoku Email Alert for the week ending Sept 16.  On Sept 15th, we received an 6 and also a 7 time frame Ichimoku Multiple time frame email alert at www.ichimokutrade.com.   Here is the email alert.

 

Based on the 3 Step Trading Plan published earlier. (https://www.ichimokutrade.com/c/?p=10431), we looked at at a pull back trade on a 2hr time frame provided by ThinkorSwim.   Here is the chart setup.

AUDNZD Forex / Currency 6 Timeframe Ichimoku Email Alert for the week ending Sept 16.  On Sept 12th, we received an 6 and also a 7 time frame Ichimoku Multiple time frame email alert at www.ichimokutrade.com.   Here is the email alert.

Based on the 3 Step Trading Plan published earlier. (https://www.ichimokutrade.com/c/?p=10431), we …
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EMN: SP500 7 Timeframe Ichimoku Email Alert for the week ending Sept 16

Posted on September 18th, 2016 by
1609_7tf_emn_pb_alert

EMN SP500 7 Timeframe Ichimoku Email Alert for the week ending Sept 16.  On Sept0 16, we received a 7 time frame Ichimoku Multiple time frame email alert at www.ichimokutrade.com.   Here is the email alert:

Based on the 3 Step Trading Plan published earlier. (https://www.ichimokutrade.com/c/?p=10431), we looked at a iMTF Bullish Pull Back Trade on a 30m time frame provided by eSignal.   Here is the chart setup:

There is a 120/60/30 iMTF resistance @63.96, which is also our entry. Initial stop is 64.22.  Our target will be the pivot low @ 63.12. Now, the reward risk ratio was a 3:1, hence we decide to take the trade as it did fit our trade plan. It has yet trigger our trade.

UPDATE: We got stopped out at 64.22 on 19 Sept 2016.

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 can …
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US Stock Market Update: Going lower or higher?

Posted on September 13th, 2016 by
2016-09-13_090349_vix_1h

US Stock Market Update:  Going lower or higher?   Since Friday, volatility has come into the market and a lot of people are getting scared with the market pull backs.   Are they justified in worrying or this a healthy pull back.    Let’s examine the charts to determine what is going on.

Over 2 years now, we have been using the $VIX Volatility Index to forecast the market.   The $VIX is an inverse relationship with the US Stock markets.  In another words, if the $VIX goes up, the markets go down and vice verse.

Below is a 1 hour chart of the $VIX provided by Thinkorswim from TDAmeritrade.    Since July 8, 2016 until Sept 9, 2016, we have been consolidating in a range between 14.77 and 11.45.   Sept 9, 2016, we closed above this range which indicated that the markets have broken out of the consolidation pattern.   Since the resistance was broken, this indicated that the markets were going to go down which did occur.

Yesterday, we retested this resistance we had broken as a support at 14.77 and held.    Even though the markets closed higher yesterday, this was a bearish sign since …
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AKAM, MON, KORS, PLD:SP500 6/7 Timeframe Ichimoku Email Alert for the week ending Sept 9

Posted on September 12th, 2016 by
0609_7tf_akam_pb_alert

AKAM SP500 7 Timeframe Ichimoku Email Alert for the week ending Sept 9.  On Sept 6, we received a 7 time frame Ichimoku Multiple time frame email alert at www.ichimokutrade.com.   Here is the email alert:

Based on the 3 Step Trading Plan published earlier. (https://www.ichimokutrade.com/c/?p=10431), we looked at a iMTF Bullish Pull Back Trade on a 60m time frame provided by eSignal.   Here is the chart setup:

There is a 240/120/60/30 iMTF support @54.99, which is also our entry. Initial stop is 54.76.  Our target will be the pivot high @ 55.78. Now, the reward risk ratio was a 3:1, hence we took the trade as it did fit our trade plan.We got stopped out on Sept 7.

 

MON SP500 6 Timeframe Ichimoku Email Alert for the week ending Sept 9.  On Sept 6, we received a 6 time frame Ichimoku Multiple time frame email alert at www.ichimokutrade.com.   Here is the email alert:

Based on the 3 Step Trading Plan published earlier. (https://www.ichimokutrade.com/c/?p=10431), we looked at a iMTF Bullish Pull Back Trade on a 120m time frame provided by eSignal.   Here is the chart setup:

There is a D/240/120/60/30 iMTF support @106.61, which is also our entry. Initial stop is 106.20. …
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Forex / Currency 6 Timeframe Ichimoku Email Alert for the week ending Sept 2

Posted on September 5th, 2016 by
NZDCAD6x Alert

AUDJPY Forex / Currency 6 Timeframe Ichimoku Email Alert for the week ending Sept 2.  On Aug 29th, we received an 6 and also a 7 time frame Ichimoku Multiple time frame email alert at www.ichimokutrade.com.   Here is the email alert.

Based on the 3 Step Trading Plan published earlier. (https://www.ichimokutrade.com/c/?p=10431), we looked at at a pull back trade on a 2hr time frame provided by ThinkorSwim.   Here is the chart setup.

GBPCHF Forex / Currency 6 Timeframe Ichimoku Email Alert for the week ending Sept 2.  On Aug 30th, we received an 6 and also a 7 time frame Ichimoku Multiple time frame email alert at www.ichimokutrade.com.   Here is the email alert.

Based on the 3 Step Trading Plan published earlier. (https://www.ichimokutrade.com/c/?p=10431), we looked at at a pull back trade on a 1hr time frame provided by ThinkorSwim.   Here is the chart setup.

GBPAUD Forex / Currency 6 Timeframe Ichimoku Email Alert for the week ending Sept 2.  On Aug 31, we received an 6 and also a 7 time frame Ichimoku Multiple time frame email alert at www.ichimokutrade.com.   Here is the email alert.

Based on the 3 Step Trading Plan published earlier. (https://www.ichimokutrade.com/c/?p=10431), we looked at …
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TGT :SP500 7 Timeframe Ichimoku Email Alert for the week ending Sept 2

Posted on September 4th, 2016 by
2908_7TF_TGT_PB_Alert

TGT SP500 7 Timeframe Ichimoku Email Alert for the week ending Sept 2.  On AUG 29, we received a 7 time frame Ichimoku Multiple time frame email alert at www.ichimokutrade.com.   Here is the email alert:

Based on the 3 Step Trading Plan published earlier. (https://www.ichimokutrade.com/c/?p=10431), we looked at a iMTF Bullish Pull Back Trade on a 60m time frame provided by eSignal.   Here is the chart setup:

There is a 240/60/30 iMTF support @71.08, which is also our entry. Initial stop is 71.32.  Our target will be the pivot high @ 70.07. Now, the reward risk ratio was a 3:1, hence we took the trade as it did fit our trade plan. It reached our target on the 31st Aug.

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 can not afford to lose. This is neither a …
Read More >>