ChaosTrader63's Blog – October 2011 Archive (6)

USDCHF Ichimoku S&R Trade 10-21-11

1 Hour Time Frame

Traders I made this trade with the Ichimoku system but also at a daily S&R level. All of my Ichimoku signals were bearish and we didn't get in on the first prior long bearish candle. So what I did was draw the Daily S&R…

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Added by ChaosTrader63 on October 21, 2011 at 2:00pm — No Comments

EURUSD trading within a range

HOURLY TIME FRAME

EURUSD has been trading within a range since 10/12/11. Good for range traders! If your using an indicator that's made for a trending market then your probably getting hammered. If your a range trader then you trade off of…

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Added by ChaosTrader63 on October 20, 2011 at 3:07pm — No Comments

EURUSD Outlook For 10-19-11

Ok traders looking at the EURUSD on the 4 hour time frame we can see a few things here. First you see the levels that I have marked on the chart. The Daily Resistance Level and the 4 Hour Resistance Zone. Basically I never look at a level as a line but more like an area or zone as I have for…

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Added by ChaosTrader63 on October 19, 2011 at 4:54am — No Comments

USDCHF at Support Level

Traders looking at the USDCHF we can see that the pair is at a nice support level at .8914. The above chart is on the 4 hour time frame and we see a small sign of what the future might be. We see a nice doji on the 4 hour candle prior to Friday's close. The close also closed right at the support level.…

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Added by ChaosTrader63 on October 15, 2011 at 7:11pm — 2 Comments

GBPJPY Ichimoku trade 10-13-11

Traders today I made this trade with GBPJPYon the 4 hour time frame using the Ichimoku system. Lets look at this trade and see why we took a long position. First on this time frame all the Ichimoku signals are bullish which are: Bearish TK Cross over, Bearish Kumo Twist,…

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Added by ChaosTrader63 on October 14, 2011 at 3:00am — No Comments

EURAUD Ichimoku Trade 10-12-11

Ok traders it's been a while but here is a trade that I have taken using the Ichimoku system. Let me break this trade down and show you what I was thinking and my reasoning. First chart is a little cluttered but I want to show all things. As you see I had a Tenken Sen, Kijun Sen cross where…

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Added by ChaosTrader63 on October 13, 2011 at 12:36am — No Comments