ChaosTrader63's Blog (49)

GBP vs USD Ichimoku Analysis

DAILY CHART

H4 CHART

Looking at the Cable on the H4 time frame we see price trending to the…

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Added by ChaosTrader63 on April 26, 2015 at 8:05am — No Comments

GBP vs USD Ichimoku Outlook 3-6-15

Added by ChaosTrader63 on March 6, 2015 at 5:56pm — No Comments

AUD vs NZD Bullish Divergence

Added by ChaosTrader63 on March 4, 2015 at 4:20pm — 2 Comments

GBP vs USD Bearish Engulfing Trade

 

Added by ChaosTrader63 on March 4, 2015 at 3:00pm — 1 Comment

EUR vs NZD AT All Time Low

Looking at the EUR vs NZD on the daily chart above we can see that the OBV has made a…

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Added by ChaosTrader63 on March 2, 2015 at 2:00am — 1 Comment

NZD vs USD Approaching All Time High

The NZD vs USD is approaching it's all time high @ 88415.Currently price is in an uptrend and pushing towards that level with about 130 pips to go.Maybe some time next week price reaches this level but then I am expecting this level to hold and price drop down to possibly a prior support…

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Added by ChaosTrader63 on May 2, 2014 at 3:19pm — No Comments

NZD vs USD Pin Bar At Double Top Resistance

Looking at the NZD vs USD on the daily we can see the resistance at .85442 where price has pushed up to this level but failed to break this level on two consecutive days with the close of Thursday and Friday. The bears have been very aggressive at this level as price rose as…

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Added by ChaosTrader63 on March 15, 2014 at 8:00pm — No Comments

AUD vs JPY Bearish Gravestone Doji

The daily time frame of the AUD vs JPY has closed on Friday creating a gravestone doji at the resistance level between 94.090 and 94.457. This candlestick is a representation of supply and demand being equal as price opened and closed near the low of the day. What is significant is how high price moved up but the bears overpowered the bulls and pushed the price nearly 90 pips down from the upper resistance zone…

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Added by ChaosTrader63 on March 8, 2014 at 9:11pm — 10 Comments

AUD vs NZD Approaching All Time Low

The AUD vs NZD is pushing towards it's all time low of 1.04280 which was hit on 12/2005. Since setting the all time low price has bounced off of that level and pushed upwards to an all time high of 1.37941 set on 3/2011. Ever since then the pair has been in a downward spiral attacking the…

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Added by ChaosTrader63 on February 28, 2014 at 8:13pm — No Comments

NZD vs JPY Kumo Breakout

NZD vs JPY Kumo Breakout

Today with price closing outside of the Kumo this represents bearish sentiment with the ichimoku system. Price has not been on the bearish side of the Kumo since breaking the Kumo July 4th of 2012. Nice long bullish run! That bullish run really started in June of 2012 @ 57.985…

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Added by ChaosTrader63 on May 31, 2013 at 10:49pm — No Comments

USD vs JPY showing signs of weakness

Price is finding resistance at the Kijun-Sen on this 4 hour time frame at the moment and within the thick Kumo cloud. With the Kijun flat-lining this is an indication that the medium term momentum is weakening although the short term momentum from the Tenkan-Sen is still slightly upwards. If price can not break this resistance of the Kijun expect price to re-test the Kumo bottom @ 100.933. A break of this…

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Added by ChaosTrader63 on May 28, 2013 at 6:40pm — 1 Comment

EUR vs USD Facing Major Uphill Resistance

The EUR vs USD is facing major uphill resistance at key levels. Currently the market is sitting right below the Weekly Pivot @ 1.28885. This level will be a level of resistance in the short term future in order to see more upside. The R-1 level sits @ 1.29795 which is near the psychological S&R level of 1.30000. This level has been a key S&R level in the past for this pair. The current short term…

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Added by ChaosTrader63 on May 20, 2013 at 3:33pm — No Comments

Constant Contact CTCT is a good risk reward stock

Looking at this chart of Constant Contact (CTCT) we can se some encouraging reasons to take a chance on a long trade with CTCT and expose ourselves minimally. You can see where CTCT had a recent gap up in the market which put it over the 100 period SMA and to this point it has stayed above that level. I have entered this market after CTCT gapped up and pulled back to the 100 SMA @ 14.00. With the…

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Added by ChaosTrader63 on May 8, 2013 at 6:53pm — No Comments

EUR vs USD Facing Kumo Resistance

Looking at the EUR vs USD on the Daily time-frame we can see where price has attempted 3 times to break the resistance of the Kumo cloud and has so far to this point failed. What makes me believe that it is ready to break that resistance now? Not much! From the swing high @ 1.37000 to the swing low @ 1.27709 I have drawn the Fibs and the resistance of the Kumo lines up with the 50%…

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Added by ChaosTrader63 on May 8, 2013 at 5:25pm — 1 Comment

EUR vs CAD Trade Idea

Looking at the EUR vs CAD using the Ichimoku system we can see that price has bounced off of the bottom of the Kumo Cloud. The bottom of the cloud is resistance at the 1.32380 mark. Also we have Fib levels drawn in and the 50% retracement level is in confluence with the bottom of the cloud giving us even more reason to believe the resistance level will hold. The 100 period MA which is…

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Added by ChaosTrader63 on May 8, 2013 at 3:46pm — 2 Comments

EUR vs USD Outlook

On the chart above you can see the Ascending Triangle pattern and also the point where the triangle was broken. Price moved higher and now has retraced back almost to the triangle support level.…

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Added by ChaosTrader63 on December 26, 2012 at 4:21pm — No Comments

EUR vs USD Ascending Triangle Breakout

Looking at the EUR vs USD from a purely technical perspective we can see that price has created an ascending triangle with price making higher lows against the trend line and making same level highs at the red resistance line @ 1.31353. This formation is usually a bullish…

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Added by ChaosTrader63 on December 18, 2012 at 11:14pm — No Comments

NZD vs USD Ichimoku Trade Setup



Looking at the chart above of the NZD vs USD on the daily time frame all we want to do is determine the sentiment of the market and trade in that direction. So if the market is bullish we'll go long and if the market is bearish we'll go short. How do we determine the sentiment you ask? Well if…

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Added by ChaosTrader63 on August 21, 2012 at 11:29pm — No Comments

Patience, Patience, Patience!

Traders just wanted to take a moment to help new traders understand the patience that a trade may take based off of your goals and trading style or system. My style is swing trading which requires trades to last at least overnight. In this case my trade has been 2 days and about 56…

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Added by ChaosTrader63 on August 9, 2012 at 9:24pm — 4 Comments

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