Ichimoku Trade Blog

Below is the chart for Gold Futures. It looks like Gold is need of a minor pull back. We are entering the trade now with a tight stop loss. We are expecting a minor pull back to start to occur any day now. The target is going to be around 700 we will determine the final target after a couple of days.

For EDUCATIONAL USE.    Commodity Futures Trading Commission, Forex, Futures, Equity and options trading has large potential rewards, but also 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 with money you can not afford to lose. This is neither a solicitation nor an offer to Buy/Sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this document. The past performance of any trading system or methodology is not necessarily indicative of future results. All information provide d on the Blog is for educational purpose .

It looks like NTRI has “bottomed” out for the rest of the year.

The seasonal chart shows (not predictive of future results)us that a possible reversal for a bullish move (+-3 days) will occur to the rest of the year.

Here is the technical chart. Normally, we are waiting for price to cross the Kijun Sen to entry and then use the last low for our stop. However, this time we are going to enter very early and use the Gann angle as our Stop. We may get stopped out but it will be for a very little loss. We are trying a new strategy for this trade.

For EDUCATIONAL USE.    Commodity Futures Trading Commission, Forex, Futures, Equity and options trading has large potential rewards, but also 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 with money you can not afford to lose. This is neither a solicitation nor an offer to Buy/Sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this document. The past performance of any trading system or methodology is not necessarily indicative of future results. All information provide d on the Blog is for educational purpose .

We did not close the .886 Fib value at all. That seems to be a major resistance value. Right now, we are just consolidating back and forth with no movement in any direction.
Below is the technical chart. We have added the Gann Angles to see possibly when the consolidation may end.

For EDUCATIONAL USE.    Commodity Futures Trading Commission, Forex, Futures, Equity and options trading has large potential rewards, but also 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 with money you can not afford to lose. This is neither a solicitation nor an offer to Buy/Sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this document. The past performance of any trading system or methodology is not necessarily indicative of future results. All information provide d on the Blog is for educational purpose .

The Wheat future is looking even better giving us more profits. We are making higher high’s with time. Our Stop is improving with time. If you are a conservative trade, use the 2 hour or 4 hour Kijun Sen has your Stop to PRESERVE profits.

For EDUCATIONAL USE.    Commodity Futures Trading Commission, Forex, Futures, Equity and options trading has large potential rewards, but also 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 with money you can not afford to lose. This is neither a solicitation nor an offer to Buy/Sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this document. The past performance of any trading system or methodology is not necessarily indicative of future results. All information provide d on the Blog is for educational purpose .

The AUDCHF Currency pair is looking really good. It is moving slowly higher. We are very cautious right now due to the Kumo Shadow. Therefore, some consolidation may take place until price moves past the shadow.

For EDUCATIONAL USE. Commodity Futures Trading Commission, Forex, Futures, Equity and options trading has large potential rewards, but also 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 with money you can not afford to lose. This is neither a solicitation nor an offer to Buy/Sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this document. The past performance of any trading system or methodology is not necessarily indicative of future results. All information provide d on the Blog is for educational purpose .

The EurCAD Currency pair was profitable but reversed very fast in one day. We are staying with our trading plan.

For EDUCATIONAL USE.    Commodity Futures Trading Commission, Forex, Futures, Equity and options trading has large potential rewards, but also 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 with money you can not afford to lose. This is neither a solicitation nor an offer to Buy/Sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this document. The past performance of any trading system or methodology is not necessarily indicative of future results. All information provide d on the Blog is for educational purpose .

Back and Forth PCLN has gone over and over. We were looking for breakout trends not consolidation. As a result, we are going to exit the trade with very little loss. This is not a “peaceful” trade.

For EDUCATIONAL USE. Commodity Futures Trading Commission, Forex, Futures, Equity and options trading has large potential rewards, but also 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 with money you can not afford to lose. This is neither a solicitation nor an offer to Buy/Sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this document. The past performance of any trading system or methodology is not necessarily indicative of future results. All information provide d on the Blog is for educational purpose .

We are at a very interesting time. As mentioned in a previous blog, today is going to be a very volatile day. It will be interesting to see where the SPX will end up today. Based on open interest, the market makers will make the most money is the SPX settles in Sept around 1525. We are close to that value and the futures right now indicate a higher open.

Below is the chart on SPX. Notice, the price hit the .886 Fib value and bounced. It will be key to see if we close above the .866. If so, we are definitely going to go high and test the all time highs. If I had to guess, I don’t think we will do that in the month of October. If it occurs, I can see it taking place in November/December but who knows with this volatile market.

We are going to wait for the market to give us a sign for a trend trade.

For EDUCATIONAL USE.    Commodity Futures Trading Commission, Forex, Futures, Equity and options trading has large potential rewards, but also 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 with money you can not afford to lose. This is neither a solicitation nor an offer to Buy/Sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this document. The past performance of any trading system or methodology is not necessarily indicative of future results. All information provide d on the Blog is for educational purpose .

EURCAD Currency pair for the Forex market is looking really good. The Ichimoku indicators are healthy. Our goal is to get to S4.

For EDUCATIONAL USE. Commodity Futures Trading Commission, Forex, Futures, Equity and options trading has large potential rewards, but also 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 with money you can not afford to lose. This is neither a solicitation nor an offer to Buy/Sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this document. The past performance of any trading system or methodology is not necessarily indicative of future results. All information provide d on the Blog is for educational purpose .

We are a little positive on our trade today. Below is the current chart:

For EDUCATIONAL USE.    Commodity Futures Trading Commission, Forex, Futures, Equity and options trading has large potential rewards, but also 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 with money you can not afford to lose. This is neither a solicitation nor an offer to Buy/Sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this document. The past performance of any trading system or methodology is not necessarily indicative of future results. All information provide d on the Blog is for educational purpose .