Monthly Archives: November 2017

$Forex / $Currency 6 Timeframe Ichimoku Email Alert for the week ending Nov 24

Posted on November 27th, 2017 by

$CADJPY,  Forex / Currency Bearish All Time Frame Email Alert for the week ending Nov 24th.  On Nov 24 , we received a All Time Frame Email Alert email alert at www.ichimokutrade.com.   Here is the email alert:

Charts provided by Tradingview.com.   Here is the chart set

1hr

You can see the bearish break out was sitting on a support so the reward/risk was not in our favor, But this did not mean there was an opportunity. Since the email alerts can also have a high probability to reverse, you can see here it did just that. If you notice the purple iMTF™ dots, you could have gone to the lower time frames to find a low risk set up to take it bullish. Don’t give up on a trade just because it doesn’t go one way. It’s gotta go somewhere.

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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$Forex / $Currency 6 Timeframe Ichimoku Email Alert for the week ending Nov 17

Posted on November 20th, 2017 by

$CADJPY,  Forex / Currency Bearish All Time Frame Email Alert for the week ending Nov 17th.  On Nov 12 , we received a All Time Frame Email Alert email alert at www.ichimokutrade.com.   Here is the email alert:

Charts provided by Tradingview.com.   Here is the chart set

2hr

Manesh has often spoke about email alerts reversing. This is a great example of that.

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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Newsletter $Forex / $Currency: Bullish Trend All Timeframe Scan

Posted on November 13th, 2017 by

Lets take a look at the email alert Bullish Trend All Timeframe Scan. This is on the suggested profile on ichimokutrade website.

Over the last few months I received email alerts for EURCHF. I want take a look at when these occurred and what happened around these emails. We will also see how iMTF­™ effected price.

First are the charts for the Monthly, Weekly, Daily, and 240. The vertical lines are when the email alerts came out.

Now lets take a closer look at the 240 chart and see how the iMTF™ affected price.

We can see the black crosses and how some of the past crosses effected price. There are some great pull back levels looking over these charts.

Watching the email alerts and combining them with the iMTF™

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 …
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Most Power Trading Tool at Your Finger Tips, Use and Abuse it!

Posted on November 11th, 2017 by

 

Most Power Trading Tool at Your Finger Tips, Use and Abuse it!   What is this Tool?   Statistics!   Trading is all about probabilities!   Technical analysis is about past patterns repeating themselves over and over!  This is statistics!     The best simple statistics tool that is available in the market is Seasonality.

Why?   It tells you from a certain start date to a certain end date, what the statistics was for an instrument.     This is very powerful and simple!     So why does not everyone use it all the time to give them the edge?

There are a number of reasons.   Here is what our experience has told us:

 Seasonality has become a marketing word to promote educational material.  This is fine as long as the education is from real traders.   Trader using the tool daily for any instrument and time frame.  When we say any instrument, it should be any instrument in the world!   This is currencies, futures, USA stocks, Europe Stocks, Asia stocks, etc.   If it is only for one instrument class then the strategy could be “curve fitting” which eventually not work when markets change. Huge cost.   Seasonality software can have a huge price tag.    Only …
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US Stock November Monthly iMTF™ Market Update

Posted on November 11th, 2017 by

US Stock November 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.

Here is the daily chart from last newsletter.  Price was consolidating between 5841 and 6011.

Here is the current daily chart:   Price broke the major resistance, retested it as a support and continued higher.   It is in short term over extension now.  It is making new high so there is no history for where it will go.  6274 is the minor support.

 

Below is the daily chart for the $Dow futures $YM.   It is making new high too.  Below is …
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Futures – Monthly Update for November

Posted on November 11th, 2017 by

Futures – Monthly Update for November 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 November 10, 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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$JPM vs $COF $Pairs Trade

Posted on November 11th, 2017 by

$JPM JP Morgan vs $COF Capital One $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 $JPM vs $COF.

Last month, we setup for a Bullish Long term Pull back trade on $CAR vs $HTZ.   The monthly chart is very bullish and has …
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$NIFTY $SENSEX November Monthly iMTF™ Market Update

Posted on November 11th, 2017 by

$NIFTY $SENSEX November Monthly iMTF™ Market Update. The Indian stock market continues to make new high’s.  In November, we made another high too.

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 10527.78 breaking the last resistance of 10255.00   Here is the chart from the last update.   It was approaching the resistance of 10255.00.

Here is the currently monthly chart.   It shows the market approaching the 168% $Fibonacci retracement slowly.

 

Below is the weekly chart.  The weekly is strong and shows no signs of weakness at all right now.

Below is the daily chart.   It show some sign of weakness with a multiple time frame resistance at 10388.62 with a major support at 10255.11.   We will be monitoring this timeframe to see what is going to happen in the Indian stock market for the next couple of weeks.

 

Trade Opportunities

Here is …
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$China Stock market continues to go higher silently

Posted on November 11th, 2017 by

$China Stock market continues to go higher silently

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.

Last month, we talked about a bullish setup trade at 3515 going to the resistance of 3773.00.   Here is the chart from the last article.

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

I zoomed out to show $Ichimoku and $Elliott Wave.    We could also put $Fibonacci too but the chart would look cluttered.   The value of 3773 which is our target on the trade is the 38.2% Fib retracement for the Fib traders.

At this point, the resistance that was broke at 3515 is holding nicely.    It was test once and held and now the market is slowly proceeding to the next resistance level of 3773.00.  …
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$STI-SES, $200-FTSB, $N225-NKI: Asian Stock Market Monthly Update

Posted on November 11th, 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 Oct 2017 it broke the resistance level @ 3354.89. This month, that resistance has become its support. Be cautious as the Monthly is still in a consolidation pattern. It has a higher probability to be bullish as the momentum has moved out from price. Its next target will be the M resistance of 3460.21.

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 broken the Monthly resistance @ 3354.89 in the week ending in 23 Oct. The following weeks we saw that price continued to be bullish. This signifies that this bullish movement could be strong. Its next target is the challenging the Montly 3460.21, which is a major resistance since …
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