Monthly Archives: July 2017

$Forex / $Currency 6 Timeframe Ichimoku Email Alert for the week ending July 14

Posted on July 18th, 2017 by

$AUDCHF,  Forex / Currency 6 Timeframe Ichimoku Email Alert for the week ending July 14.  On July 11 , 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 at a pull back trade on a 30m time frame provided by Tradingview.com.   Here is the chart set

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.

Risk Disclosure:  https://www.ichimokutrade.com/c/disclaimer/


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S41-SES: Singapore Stocks 6 Timeframe Sell Ichimoku Email Alert

Posted on July 16th, 2017 by

S41-SES: Singapore 6 Timeframe Sell Ichimoku Email Alert.  We received a 6 Timeframe Ichimoku Sell Email Alert on July 13, 2017. 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™ Bearish Pull Back Trade on a 60m time frame.  Below is the 60m chart provided by eSignal.

The iMTF™ resistance (matching support on D/240m/120m/60m/30m) was at 2.635.   As a result, the entry was 2.635, initial stop of 2.640, and the target will be 3 times the risk @ 2.610. 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 13 July and we are still in the trade.

 

For educational purposes only. 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. View our full risk disclosure: https://www.ichimokutrade.com/c/disclaimer/


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$Forex / $Currency 6 Timeframe Ichimoku Email Alert for the week ending July 7

Posted on July 10th, 2017 by

$USDJPY,  Forex / Currency 67 Timeframe Ichimoku Email Alert for the week ending July 7.  On July 7 , 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 at a pull back trade on a 60m time frame provided by Tradingview.com.   Here is the chart set

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.

Risk Disclosure:  https://www.ichimokutrade.com/c/disclaimer/


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Europe Monthly Update for July

Posted on July 2nd, 2017 by

Europe Stock Market Monthly Update.

Europe is represented by various countries including Germany, France and Italy and these countries, along with 16 others have adopted the Euro currency.  With Brexit negotiations underway which will affect the whole of Europe we will analyse the The Stocxx 50 ($SX5E-STX) index which best represents all these countries.

Note:  All charts will be provided by eSignal.

Below is the Monthly Chart.

 

As reported last month price continues to remain in it’s consolidation pattern between 2123 and 3840.22 since 2008.  This month saw a down month after bouncing of the  IMTF™ resistance at 3575.61. Will this continue down to the support of 3255 in July? We will continue to monitor this throughout the month.

Below is the Weekly Chart

The weekly time frame pulled back and stopped and held the Kijun Sen at 3441. Will July see the the end of the bullish trend? With SKB pointing up and momentum strong bullish we’d expect price to bounce of the KS.  If it does, this may be an opportunity of look for some short term bullish opportunities.

Below is the Daily Chart

The Daily chart is in confliction with the weekly.  June saw price …
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Futures – Monthly Update for July

Posted on July 2nd, 2017 by

Futures – Monthly Update for July 2017

We encourage traders to diversify their portfolios and it is something we will continue to do. We continue to put a special emphasis on trading Futures products and here we take 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. Below is a table summarising various Futures contracts as of close of market on June 30, 2017.

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

For educational purposes only. 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. View our full risk disclosure: https://www.ichimokutrade.com/c/disclaimer/


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Newsletter $Forex / $Currency: NZDJPY trend June

Posted on July 2nd, 2017 by

Currencies are know to consolidate in summer so its important to be picky. Hopefully I’ve been able to high light how to use the website to narrow down which currency to focus on. Below is a look at 6x heat map email alerts. NZDJPY trended this past month and a few email alerts popped up to high light the opportunity. Here are the alerts

 

Here are the charts to go along with the alerts.

 

Now the Charts above shows a few entries for break outs on the 1 hour. But each trade got stopped and NZDJPY trended way higher. So its clear the 1 hr was not the chart to get in one. Lets take a look at the higher time frames.

Below is the 4hr and we can see even here the Kijen-sen doesn’t hold the trend completely. But it does become clear price is respecting a few iMTF™ crosses. Its tested this level twice before it trended. Very clear a resistance became a support.

 

Here the Daily and we can see a break out. Again we can see where price became support after resistance. Matched the SKB on the cloud.

Once we see …
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July 2017 Seasonals

Posted on July 1st, 2017 by

The Emini S&P 500 Futures have been up in 6 out of the last 10 years with a total gain of 251.5 pts for the month of July.  The average gain per month over this time has been about 25.15 pts.  The third quarter has been bullish in 7 out of the last 10 years with a total gain of 41.25pt.  The average gain per quarter over this time has been about 4.13 pts, which is just about as flat as it can get.  The three bearish quarters averaged losses of about 153 pts per quarter.  Out of the top 44 monthly and quarterly seasonals from our proprietary software, none were bearish.  So what can we expect this month?  Well the weekly and monthly charts are still strong bullish, but the daily is going through a pullback and we could see price get to the Ichimoku cloud.  Price has not broken below the daily Ichimoku cloud since October 2016, so if that occurs we could see a test of the 2350/2370 levels.

Amgen Inc. (AMGN) has just been in a large consolidation cycle since 2014 and is now approaching the top of that consolidation.  For the last 2 years (AMGN) …
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Putting time on your side with $Options

Posted on July 1st, 2017 by

In the last installment on Options I wrote about how time and its indicator theta impact the pricing and profitability of options.  Now we are going to delve into strategies to negate theta’s detrimental effects or even put theta on our side.  The three strategies I want to talk about are Vertical Spreads (sometimes called Debit Spreads), Calendar Spreads, and Diagonal Spreads.  These are called spreads because they involve buying and selling two different option contracts at the same time to place the trade.  All of these strategies are directional in that you must begin with your assumption of where the price of the underlying stock will go.  Once you’ve picked your direction we have to make a decision based on the state of the market or our personal preference on which strategy to use.

The first and most straightforward strategy is the Vertical Spread.  In my last article I discussed how time passing creates downside risk to owning a Single Option outright.  Some traders may not like this consideration.  Single Options may also be overly expensive to our risk profile either because the underlying stock price is large or because implied volatility has jacked up the prices of options. …
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AXP: American Express iMTF™ Bottom to Bullish Trend

Posted on July 1st, 2017 by

AMP: American Express iMTF™ Bottom to Bullish Trend.  Last month, we wrote an article on how to recognize top/bottom with the iMTF™ .   Here is an example of a bottom that was establish which led to a full trend in June.

All charts are provided by eSignal.

Below is the 240m chart for $AXP, American Express.    At the beginning of June, here is what the 240m looked like.  The chart looked bearish with a high probability of retesting the low.

On June 1, price reversed and you had swing/long black square acting as support and resistance.    For a bottom, we look for a the black squares to go higher.   In this situation, we got one for resistance and one for support.   You can see the battle between supply/demand.    Now, it was time to be patient and wait to see which square disappears.   Once we see that, we will know who won the battle.

June 5, price broke the resistance and got above the cloud.   Now, we just need to wait for the green shaded area to come to setup for a trade.

On June 6, we got the shaded …
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$Gold vs $Silver $Pairs Trade

Posted on July 1st, 2017 by

$Gold vs $Silver $Pairs Trade.  One of the hidden strategies most people don’t talk about is “pairs trading”.   Some people talk about it but still the concept is not done right.   I learned this powerful strategy in the institutional world.

What is pairs trading?   Pairs trading is a hedge based strategy.    The goal is to trade one instrument and hedge with another instrument.    For example, if you like to trade Apple stock, you buy that instrument.   To hedge it, you should sell their major competitor.    As long as you limit your risk and make sure you get a 3:1 ratio, you will make money.   This strategy is executed every quarter so it starts to create a “residual” income every quarter.

The key is to make sure at least one of the instruments move in your direction.  To do this, we use technical analysis to determine the following:

Which/When instrument to buy Which/When instrument to sell

This month, we are looking at $Gold $GC vs $Silver $SI.

Here is the monthly chart.   The chart shows that Gold vs Silver started a bullish trend mid 2014 with Gold getting stronger than Silver.    June …
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