Monthly Archives: December 2017

Newsletter $Forex / $Currency: All it takes is one trade.

Posted on December 11th, 2017 by

 

Here is a 7 time email alert for $AUDCHF. Came out at the first of the month of November. I like to point this out because the heat map email alerts have a high probability to reverse just as much as they do trend. Everyone is thinking one way and then it doesn’t go the way everyone wants and it reverses hard.

Taking a look at the chart, there is a green for bullish shaded area for the break out. It doesn’t even trigger it and then reverses.  Could easily watch the 4hr for a break out and enter with low risk and follow this trend.

 

Always keep your options open and don’t give up just because it doesn’t go the way you think.

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 …
Read More >>

The Battle: $Bitcoin vs $iMTF®

Posted on December 10th, 2017 by

The Battle: Bitcoin vs iMTF.    Bitcoin has corned the media market.  Everyone around the world has been talking about it.    In the month of December, I have been traveling the world.   Every country I go, Bitcoin is the major talk on the stock market channels.

With the crazy returns, everyone is trying to get involved.   Non-professional and professional traders too!    This reminds me all the “bubble” we have experience in history.     When everyone is buying, there are no sellers so the price just keeps going and higher until the “bubble” busts.

Remember the recent “Gold” Bubble?

The magical question everyone is asking how do you trade it.    No one knows when this “bubble” will end.   No one knows how far it will go.    Therefore, you have to trade it in a very low risk manner.

This is our iMTF® technology is very useful.   It analyzes multiple time frames to find the major support/resistance.

In order to trade $Bitcoin, you have to trade pull back with multiple time frame supports.     With the instrument going higher, there are not many opportunities.    However, when the opportunity does come, it is low risk and high reward.


Read More >>

$WMT vs $SPY $Pairs Trade

Posted on December 10th, 2017 by

$WMT Walmart vs $SPY SP500 ETF $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 $WMT vs $SPY.

Below is the weekly chart.   The vhart broke out bullish long term.   It is now going through a pull back.   We are looking to setup …
Read More >>

$NIFTY $SENSEX December Monthly iMTF™ Market Update

Posted on December 10th, 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.

Here is the current monthly chart.     Since the market has been making all-time new high, we have to use $Fibonacci extensions for resistances.    The next major resistance is 10528 with a support 9733.    In November, we got close to reaching this value but missed it by a couple of points.    The lower time frames will tell us if we still have a possibilty of reaching it.

 

 

Below is the weekly chart.  The weekly is strong and shows no signs of weakness at all right now.  There is a multiple time frame support 9970.00.  As long as this support holds, no major pullback in regards to long term will occur.

Below is the daily chart.  It shows a multiple time frame resistance at …
Read More >>

Australia Stock Market Monthly Update: December 2017

Posted on December 7th, 2017 by

This monthly update will analyse the weekly and the daily charts to see the current state of the Australian market.

The Australia Market started a bullish trend in November 2016.  However, this year between June and September 2017 the S&P/ASX 200 went through consolidation phase. In the month of November, it finally come out of consolidation phase and break the major resistance at 5900.

For the month of November 2017, the S&P/ASX 200 was up 105 points to finish at 6013. However, at one stage in November it went above 5640.

Below is the weekly chart of the S&P/ASX 200 provided by TradingView for this article.

 

Below is Daily chart of the S&P/ASX 200 provided by TradingView.

Now the question is will it continue its bullish trend from November or will it try to test minor resistance on 5772? For the month of December, if S&P/ASX 200 held price above 5900 (major resistance), then we have high probability it will continue its current bullish trend. On the other hand, if price goes down to 5772 then it may start new bearish phase.

Let’s now look for a trading opportunity. Since the market has closed above major resistance, …
Read More >>