Monthly Archives: September 2017

$NIFTY $SENSEX October Monthly iMTF™ Market Update

Posted on September 30th, 2017 by

$NIFTY $SENSEX October Monthly iMTF™ Market Update. The Indian stock market continues to make new high’s.  However, we have had the first down month after 5 bullish months.

Note:  All charts are provided by TradingView for this article

Below is the monthly chart.

Since Feb 2004, the India stock market has been in a long term bullish trend.   There was a medium pullback in 2016 but the market has yet to experience a major pull back.

The market continues to move higher slowly approaching the next major resistance of 10259 which is the 150% Fibonacci extension.

 

Below is the weekly chart.  The weekly confirms the monthly time frame.    The major support that has now been establish is at 9629.29.

Below is the daily chart from eSignal.    We have enabled Elliott Wave with the iMTF® Indicator.

Even though the weekly and daily are bullish, the daily is not looking bullish anymore.     It has a bearish setup with a breakout level below 9629.00.   From Elliott Wave perspective, you are now in a ABC count after the Elliott Wave 5.     Depending how the C wave develops, it can develop into a Elliott Wave bearish 3 which would …
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$China Stock market bullish trend Follow Up

Posted on September 30th, 2017 by

$China Stock market bullish trend Follow Up

Weekly is the weekly chart provided by eSignal.    June 2015, the China peaked at 5410.   Afterwards, the market went down drastically all the way to  Jan 2016 where it bottomed at 2768.    That was a drastic move down in a short amount of time.

After it bottomed, the market has slowly been moving up.    Since the move has been slow, bullish momentum has not entered the market long term.

Last month, we published this chart where it got to the breakout level.

Price has not followed through yet.    It is stuck at a resistance of 3532.28

Here is the currently weekly chart:

Since the instrument has not followed through after the hitting the breakout entry, we will be monitoring the 240m and daily time frame to determine whether to stay in this trade long term.

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 …
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US Stock October Monthly iMTF™ Market Update

Posted on September 30th, 2017 by

US Stock October Monthly iMTF™ Market Update.  The US Stock markets are continuing to go higher and higher month to month.   Normally, after Labor Day, the markets go higher and this year it did the same registering new high’s in some sectors.

Since the markets are going higher month to month, we are going to focus on the daily time frame to find the major support/resistances.

All the charts are provided by eSignal.

We are first going to look at the daily chart for the $NQ Nasdaq futures.  The reason is that $Nasdaq has been leading the markets higher since beginning of the year.    As a result, we will see if this is still the case.

In the month of August, the Nasdaq made a new all time high.    For September, the market just consolidated at the high’s.    The small consolidation pattern is between 5851.14 and 6011.33

Here is the daily chart:

Below is the daily chart for the $Dow futures $YM.    Last month, it was in a nice bullish trend making new high.    In the last month, it has “settled” down with price consolidating.   Until the NASDAQ, it has not broken the …
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$Forex / $Currency 6 Timeframe Ichimoku Email Alert for the week ending Sept 22

Posted on September 25th, 2017 by

$EURJPY,  Forex / Currency Bullish All Time Frame Email Alert for the week ending Sept 22th.  On Sept 21 , we received a All Time Frame Email Alert email alert at www.ichimokutrade.com.   Here is the email alert:

 

Lets take a look at the 1hr to see pull back levels. Charts provided by Tradingview.com.   Here is the chart set

1hr

 

 

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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LJ3-SES: Singapore Stocks 7 Timeframe Sell Ichimoku Email Alert

Posted on September 24th, 2017 by

LJ3-SES: Singapore 7 Timeframe Sell Ichimoku Email Alert.  We received a 7 Timeframe Ichimoku Sell Email Alert on Sept 21, 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 resistance on 240m/120m/60m/30m/10m) was at 1.948.   As a result, the entry was 1.948, initial stop of 1.953, and the target will be 3 times the risk @ 1.930. 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 22 Sept.

 

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 Sept 15

Posted on September 18th, 2017 by

$GBPNZD,  Forex / Currency Bullish All Time Frame Email Alert for the week ending Sept 15th.  On Sept 12 , we received a All Time Frame Email Alert email alert at www.ichimokutrade.com.   Here is the email alert:

 

Lets take a look at the 4hr to see pull back levels. Charts provided by Tradingview.com.   Here is the chart set

4hr

 

 

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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Futures – Monthly Update for September

Posted on September 6th, 2017 by

Futures – Monthly Update for September 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 September 5, 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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$China Stock market is trying to make a bullish trend!

Posted on September 6th, 2017 by

$China Stock market is trying to make a bullish trend!

Weekly is the weekly chart provided by eSignal.    June 2015, the China peaked at 5410.   Afterwards, the market went down drastically all the way to  Jan 2016 where it bottomed at 2768.    That was a drastic move down in a short amount of time.

 

After it bottomed, the market has slowly been moving up.    Since the move has been slow, bullish momentum has not entered the market long term.

However, the momentum is now bullish for the first time since the downward movement.

Below is a zoomed in version of the weekly chart.

The breakout triggered now and it meets our trading plan requirements with money management and technical analysis.    Since this is a weekly chart, this will be a long term positionl

 

 

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 …
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$STI-SES, $200-FTSB, $N225-NKI: Asian Stock Market Monthly Update

Posted on September 6th, 2017 by

STI INDEX:

$STI-SES Singapore Stock Market Monthly Update.   Since June 2009, the Singapore stock market has been in a consolidation pattern between the low region of 2528 and the high regions of 3548.   This monthly update will analyze the market to see the current state of the market.

Below is the MONTHLY STI index based on esignal chart:

As you can see, on Aug 2017 it fell below the support level @ 3308.61. This month, that support has become its resistance. Be cautious as the Monthly is still in a consolidation pattern. It has a higher probability this month to be bullish since momentum broke out from price. However, as long as price is trap in the consolidation pattern then the bullish trend cannot start yet.

Let us look at the Weekly chart. Below is the Weekly STI index based on esignal chart:

By zooming in to the weekly chart, we can see that price had fallen into the Weekly TS. The Weekly TS became the resistance after the second week of Aug. It then resisted price’s bullish movement twice. It could ping pong between the flat ts and flat ks.

Next, we head down to the …
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Newsletter $Forex / $Currency: The Trade of the Summer

Posted on September 6th, 2017 by

Since June 1st, I have received all bullish alerts for $EURGBP.  You can find this scan on the suggested profiles.

It ended up being a really great pair to trade this summer considering the summers have a reputations of consolidating.  I want to take a closer look at the over all trend. Break it down from the Monthly on down.

First, here is an example of the alert

This is a break out on the monthly but over all in a big consolidation. But I want you to notice the horizontal line and how it plays a roll in this trend.

Next is the weekly, Again Bullish break out. See the match on the horizontal line with the monthly and the weekly.

Now you can see on the daily how many time the all bullish alert came out with the vertical lines.

You can also see that the trend started on the daily a little before the alerts started coming out. So we had a bullish break out kick everything off. The key was to find some low risk entries on the lower time frames.

Now the alert only covers the monthly, weekly, daily and the …
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