ActionForex.com
Nov 01 03:52 GMT

Sponsors

Forex Expos

Candlesticks and Ichimoku Intraday Trade Ideas

Candlesticks and the Ichimoku Kinko Hyo, when combined with traditional technical analysis methods, for example, trend analysis, pattern recognition and Fibonacci retracements and projections, work amazingly well in forecasting the market movements, especially in very volatile market conditions.

  • The intraday trade ideas section provides trading strategies for traders to profit from fast moving markets.
  • The weekly analysis section provides analysis from a short to medium time frame for position traders.

Candlesticks Intraday Trade Ideas Update Schedule:

  • 1st Update: 0630 - 0700 GMT
  • 2nd Update: 0930 - 1000 GMT
  • 3rd Update: 1230 - 1300 GMT
  • 4th Update: 1500 - 1530 GMT
  • Pairs Covered: EUR/USD, USD/JPY, GBP/USD, USD/CHF


Trade Idea Wrap-up: USD/CHF - Buy at 0.9545 Print E-mail
Candlesticks and Ichimoku Intraday | Written by Action Forex | Oct 31 14 16:45 GMT

Although the greenback surged again to 0.9663 in NY morning, the subsequent retreat suggests consolidation would be seen and pullback to 0.9600 and possibly 0.9580 cannot be ruled out, however, reckon yesterday's low at 0.9544 would contain downside and bring another upmove later, above said intra-day resistance would extend gain to recent high at 0.9690. Looking ahead, break there would confirm early upmove from 0.8699 low has resumed for headway towards 0.9720-25

Read more...
 
Trade Idea Wrap-up: GBP/USD - Buy at 1.5900 Print E-mail
Candlesticks and Ichimoku Intraday | Written by Action Forex | Oct 31 14 15:59 GMT

Although cable has remained under pressure and near term downside risk remains for the fall from 1.6184 to extend weakness to 1.5920-22 (50% projection of 1.6183-1.5951 measuring from 1.6039), loss of downward momentum should prevent sharp fall below 1.5895-00 (61.8% projection) and bring rebound later. Above 1.6010-15 would bring recovery to 1.6039 (yesterday's high) but reckon the upper Kumo (now at 1.6067) would limit upside, price would falter below previous support at 1.6103

Read more...
 
Trade Idea Wrap-up: EUR/USD - Sell at 1.2630 Print E-mail
Candlesticks and Ichimoku Intraday | Written by Action Forex | Oct 31 14 15:52 GMT

Euro's intra-day breach of support at 1.2501 confirms recent decline has resumed and further weakness to 1.2470 would be seen, however, loss of near term downward momentum should prevent sharp fall below 1.2450 today, risk from there has increased for a corrective rebound to take place soon, above the Kijun-Sen (now at 1.2559) would bring recovery to 1.2590-00 but resistance at 1.2632 should cap upside and bring another selloff later.

Read more...
 
Trade Idea Wrap-up: USD/JPY - Buy at 111.10 Print E-mail
Candlesticks and Ichimoku Intraday | Written by Action Forex | Oct 31 14 15:47 GMT

As the greenback has continued to surged after resuming medium term uptrend, bullishness remains for further gain to 112.50-60 would be seen, however, overbought condition should prevent sharp move beyond 112.75-80 and reckon 113.00 would hold from here, risk from there has increased for a minor correction, below the Tenkan-Sen (now at 111.75) would bring retracement to 111.45-50 but 111.00 would contain downside and bring another rally

Read more...
 
Trade Idea Update: USD/CHF - Buy at 0.9550 Print E-mail
Candlesticks and Ichimoku Intraday | Written by Action Forex | Oct 31 14 13:03 GMT

As the greenback found renewed buying interest at 0.9544 yesterday and has rallied again, adding credence to our bullish view that correction from 0.9690 has ended and early upmove from 0.8699 low should resume for further gain to 0.9650, then retest of this level, however, break there is needed to provide confirmation and extend headway towards 0.9720-25 but reckon overbought condition would cap price below 0.9750.

Read more...
 
Trade Idea Update: GBP/USD - Sell at 1.6025 Print E-mail
Candlesticks and Ichimoku Intraday | Written by Action Forex | Oct 31 14 13:01 GMT

The British pound also slipped after rebounding to 1.6039 yesterday, suggesting the fall from 1.6184 is still in progress, break of 1.5941-51 (previous support, 1.236 times projection of 1.6184-1.5995 measuring from 1.6183 and yesterday's low) would add credence to our view that rebound from 1.5875 low has ended earlier at 1.6184 and extend further fall towards 1.5900-10 but said support at 1.5875 (just below 1.618 times projection at 1.5877) should hold on first testing.

Read more...
 
Trade Idea Update: EUR/USD - Sell at 1.2630 Print E-mail
Candlesticks and Ichimoku Intraday | Written by Action Forex | Oct 31 14 12:53 GMT

The single currency has fallen again after meeting renewed selling interest at 1.2632 yesterday, bearishness remains for the fall from 1.2887 to extend further weakness towards recent low at 1.2501, however, break there is needed to confirm early decline from 1.3993 top has resumed for further fall to 1.2470, then 1.2450 which is likely to hold from here due to near term oversold condition.

Read more...
 
Trade Idea Update: USD/JPY - Buy at 110.50 Print E-mail
Candlesticks and Ichimoku Intraday | Written by Action Forex | Oct 31 14 12:52 GMT

As the greenback has rallied after finding renewed buying interest at 108.80 and broke above previous chart resistance at 110.09, adding credence to our bullishness and also confirming medium term uptrend has resumed for further gain to 112.00, however, near term overbought condition should limit upside to 112.40-50, risk from there is seen for a retreat later.

Read more...
 
Trade Idea Update: USD/CHF - Buy at 0.9550 Print E-mail
Candlesticks and Ichimoku Intraday | Written by Action Forex | Oct 31 14 10:32 GMT

As the greenback found renewed buying interest at 0.9544 yesterday and has rallied again, adding credence to our bullish view that correction from 0.9690 has ended and early upmove from 0.8699 low should resume for further gain to 0.9650, then retest of this level, however, break there is needed to provide confirmation and extend headway towards 0.9720-25 but reckon overbought condition would cap price below 0.9750.

Read more...
 
Trade Idea Update: GBP/USD - Sell at 1.6025 Print E-mail
Candlesticks and Ichimoku Intraday | Written by Action Forex | Oct 31 14 10:24 GMT

The British pound also slipped after rebounding to 1.6039 yesterday, suggesting the fall from 1.6184 is still in progress, break of 1.5941-51 (previous support, 1.236 times projection of 1.6184-1.5995 measuring from 1.6183 and yesterday's low) would add credence to our view that rebound from 1.5875 low has ended earlier at 1.6184 and extend further fall towards 1.5900-10 but said support at 1.5875 (just below 1.618 times projection at 1.5877) should hold on first testing.

Read more...
 
Trade Idea Update: EUR/USD - Sell at 1.2630 Print E-mail
Candlesticks and Ichimoku Intraday | Written by Action Forex | Oct 31 14 10:16 GMT

The single currency has fallen again after meeting renewed selling interest at 1.2632 yesterday, bearishness remains for the fall from 1.2887 to extend further weakness towards recent low at 1.2501, however, break there is needed to confirm early decline from 1.3993 top has resumed for further fall to 1.2470, then 1.2450 which is likely to hold from here due to near term oversold condition.

Read more...
 
Trade Idea Update: USD/JPY - Buy at 110.50 Print E-mail
Candlesticks and Ichimoku Intraday | Written by Action Forex | Oct 31 14 10:12 GMT

As the greenback has rallied after finding renewed buying interest at 108.80 and broke above previous chart resistance at 110.09, adding credence to our bullishness and also confirming medium term uptrend has resumed for further gain to 111.80, then 112.00, however, near term overbought condition should limit upside to 112.40-50, risk from there is seen for a retreat later.

Read more...
 
Trade Idea : USD/CHF - Buy at 0.9580 Print E-mail
Candlesticks and Ichimoku Intraday | Written by Action Forex | Oct 31 14 07:33 GMT

As the greenback found renewed buying interest at 0.9544 yesterday and has rallied again, adding credence to our bullish view that correction from 0.9690 has ended and early upmove from 0.8699 low should resume for retest of this level, however, break there is needed to provide confirmation and extend headway towards 0.9720-25 but reckon overbought condition would cap price below 0.9650.

Read more...
 
Trade Idea: GBP/USD - Sell at 1.6010 Print E-mail
Candlesticks and Ichimoku Intraday | Written by Action Forex | Oct 31 14 07:26 GMT

The British pound also slipped after rebounding to 1.6023 yesterday, suggesting the fall from 1.6184 is still in progress, break of 1.5941-51 (previous support, 1.236 times projection of 1.6184-1.5995 measuring from 1.6183 and yesterday's low) would add credence to our view that rebound from 1.5875 low has ended earlier at 1.6184 and extend further fall towards 1.5900-10 but said support at 1.5875 (just below 1.618 times projection at 1.5877) should hold on first testing.

Read more...
 
Trade Idea: EUR/USD - Sell at 1.2615 Print E-mail
Candlesticks and Ichimoku Intraday | Written by Action Forex | Oct 31 14 07:21 GMT

The single currency has fallen again after meeting renewed selling interest at 1.2632 yesterday (just below 38.2% Fibonacci retracement of 1.2771-1.2547 at 1.2633), bearishness remains for the fall from 1.2887 to extend further weakness towards recent low at 1.2501, however, break there is needed to confirm early decline from 1.3993 top has resumed for further fall to 1.2470, then 1.2450 which is likely to hold from here due to near term oversold condition.

Read more...
 
Trade Idea: USD/JPY - Buy at 110.25 Print E-mail
Candlesticks and Ichimoku Intraday | Written by Action Forex | Oct 31 14 07:15 GMT

As the greenback has rallied after finding renewed buying interest at 108.80 and broke above previous chart resistance at 110.09, adding credence to our bullishness and also confirming medium term uptrend has resumed for further gain to 111.50-60, then 111.80, however, near term overbought condition should limit upside to 112.00, risk from there is seen for a retreat later.

Read more...
 
Trade Idea Wrap-up: USD/CHF - Buy at 0.9525 Print E-mail
Candlesticks and Ichimoku Intraday | Written by Action Forex | Oct 30 14 15:50 GMT

As the greenback has retreated after intra-day brief rise to 0.9611, consolidation below this level would be seen and pullback to previous resistance at 0.9559 is likely, however, reckon the Kijun-Sen (now at 0.9527) would limit downside and bring another rise. A break of said resistance would extend recent rise from 0.9360 to 0.9625, break there would add credence to our view that early fall from 0.9690 top has ended at 0.9360 and gain to 0.9640

Read more...
 
Trade Idea Wrap-up: GBP/USD - Sell at 1.6080 Print E-mail
Candlesticks and Ichimoku Intraday | Written by Action Forex | Oct 30 14 15:47 GMT

The British pound also recovered after intra-day brieef fall to 1.5951, suggesting minor consolidation would be seen and corrective bounce to 1.6032 (38.2% Fibonacci retracement of 1.6162-1.5951) and then 1.6056 -57 (50% Fibonacci retracement and current level of the Kijun-Sen) cannot be ruled out, however, reckon 1.6081-88 (61.8% Fibonacci retracement and previous support) would limit upside and bring another decline.

Read more...
 
Trade Idea Wrap-up: EUR/USD - Sell at 1.2680 Print E-mail
Candlesticks and Ichimoku Intraday | Written by Action Forex | Oct 30 14 15:42 GMT

Although the single currency fell briefly to 1.2547, lack of follow through selling on break of intra-day support and current rebound in NY opening after GDP data suggest consolidation above this level would be seen and recovery towards 1.2659-66 (current level of the Kijun-Sen and previous support) cannot be ruled out, however, renewed selling interest should emerge below 1.2685 (61.8% Fibonacci retracement of 1.2771-1.2547) and bring another decline later. A break of said support would extend weakness to towards support at 1.2501.

Read more...
 
Trade Idea Wrap-up: USD/JPY - Buy at 108.50 Print E-mail
Candlesticks and Ichimoku Intraday | Written by Action Forex | Oct 30 14 15:36 GMT

As the greenback has retreated after intra-day brief rise to 109.36, suggesting minor consolidation below this level would be seen and pullback to the Kijun-Sen (now at 108.69 - also same level as 38.2% Fibonacci retracement of 107.61-109.36), however, reckon 108.48 (50% Fibonacci retracement) would limit downside and bring another rise, above said resistance would add credence to our view that early fall from 110.09 has ended at 105.20 and bullishness remains for further gain to 109.50-60

Read more...
 
<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>

Page 1 of 348

Advanced Candlesticks and Ichimoku Strategies for Forex Trading

For the first time, our Action Forex analysts are revealing the strategies they use in formulating the trading ideas in our popular Candlesticks and Ichimoku Analysis section. These strategies are presented in our newly released ebook "Advanced Candlesticks and Ichimoku Strategies for Forex Trading." Don't miss this opportunity in learning these techniques that professional traders use. Download both Part I and Part II NOW!

Facebook MySpace Twitter Digg Delicious Google Bookmarks 

Trade Ideas

Candlesticks Trades
Elliott Wave Trades

Forex Brokers

ActionForex.com © 2014 All rights reserved.