Monthly Archives: December 2016

Trade of the Week – $Gold futures Ichimoku 6 Time frame Sell

Posted on December 27th, 2016 by
2016-12-27_074912gcemail

Trade of the Week – Gold Futures Ichimoku 6 Time frame Sell .   On Dec 22, 2016, we received a Ichimoku 6 time frame sell signal our iMTF™ strategy finder.     Here is the email alert:

Everyone has been bearish on Gold.    Gold has been in a bearish trend from Nov from 1341.    This email alert is a trend continuation.   Below is the weekly chart and the blue arrow shows when we got the email alert:    We have been going down drastically for 7 weeks now and a bullish pull back can occur any time so we have to be careful and keep our risk low.

 

Below is the 60m chart.  We are going to look at the lowest swing trading time frame for a pull back trade to keep our risk low.    The trade setup is shown.   The iMTF™ was a the Tenkan Sen which will introduce more risk.    The risk was soo big that the Reward/Risk is not 3:1 so we can place this setup trade at all.

Below is the Breakout evaluation on the 60m.  The preserve mode is retesting the low.    The reward/risk was not …
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Trade of the week LRCX US stock Ichimoku 5 time frame Buy

Posted on December 27th, 2016 by
2016-12-27_072655_lrcx_19themail

Trade of the Week – LRCX Lam Research US Stock Ichimoku 6 Time frame Buy .   On Dec 20, 2016, we received a Ichimoku 5 time frame buy signal our iMTF™ strategy finder.     Here is the email alert:

 

On all the time frames, there really was not a cloud strategy.   The reason is that it was a trend continuation trade within a big consolidation pattern.     The first real trade occurred Dec 12.   Here was the email from then:

 

Here is the 4h chart setup from Dec 12 where the blue arrow shows when the email alert was received:

Once the target was reached for the Dec 12 target, price decided to consolidate.    During the consolidation pattern, another setup occurred once the Kijun Sen moved up to the value of 106.44 which was the gap low bar.     That is when we setup for a trend continuation trade with a low risk.   Since this is retesting the high again, we are going to use the level of 107.96 as a preserve mode instead of a target.   In another words, we will take at least 50% of …
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Trade of the Week – $AUDUSD Forex / Currency Ichimoku 6 Time frame Sell

Posted on December 27th, 2016 by
2016-12-27_064824audusdtrade-of-week

Trade of the Week – AUDUSD Forex / Currency Ichimoku 6 Time frame Sell .   On Dec 21, 2016, we received a Ichimoku 6 time frame sell signal our iMTF™ strategy finder.     Here is the email alert:

The 60m had a bearish cloud strategy so that is the time frame we are going to look for a setup.  Below is the 60m chart where the blue arrow shows when the email alert was received.    When the email was received, price was consolidating within a consolidation pattern.     The dots near the arrow represent the iMTF™ resistance.    If we took a trade at the major resistance,it would not be a good pull back trade since we it would be close to the top of the consolidation pattern.

Since we could not take the pull back trade, we evaluated the breakout entry.   The Breakout entry would have to be at 0.7219, initial stop of .0.7260 and a target/preserve mode at 0.7181 which is the weekly support.   This would not be a good reward/risk at all.     Therefore, we could not take this trade at all.

Since we could not take a pull …
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