EURNZD, GBPNZD, EURUSD, NZDCHF, Forex / Currency 6 Timeframe Ichimoku Email Alert for the week ending June 3rd

EURNZD Forex / Currency 6 Timeframe Ichimoku Email Alert for the week ending June 3rd.  On May 29, we received an 6 and also a 7 time frame Ichimoku Multiple time frame email alert at www.ichimokutrade.com.   Here is the email alert.

EURNZD 6x ALERT

Based on the 3 Step Trading Plan published earlier. (https://www.ichimokutrade.com/c/?p=10431), we looked at at a pull back trade on a 4h time frame provided by ThinkorSwim.   Here is the chart setup:

EURNZD 6x CHART

Here is EURNZD, It does have a major MTF that it is sitting at right now, but over all its consolidating. I will not play this in the middle of a consolidation. I will watch how price reacts to this MTF to see if it gives me clues to when the consolidation is coming to an end.

GBPNZD Forex / Currency 6 Timeframe Ichimoku Email Alert for the week ending June 3rd.  On May 31, we received an 6 and also a 7 time frame Ichimoku Multiple time frame email alert at www.ichimokutrade.com.   Here is the email alert.

GBPNZD 6x ALERT

Based on the 3 Step Trading Plan published earlier. (https://www.ichimokutrade.com/c/?p=10431), we looked at at a pull back trade on a 4h time frame provided by ThinkorSwim.   Here is the chart setup:

GBPNZD 6x CHART

 

GBPNZD: had a MTF but got stopped out and never looked back. My rules never set up for me to get into this trade.

EURUSD Forex / Currency 6 Timeframe Ichimoku Email Alert for the week ending June 3rd.  On May 31, we received an 6 and also a 7 time frame Ichimoku Multiple time frame email alert at www.ichimokutrade.com.   Here is the email alert.

EURUSD 6x ALERT

Based on the 3 Step Trading Plan published earlier. (https://www.ichimokutrade.com/c/?p=10431), we looked at at a pull back trade on a 1h time frame provided by ThinkorSwim.   Here is the chart setup:

EURUSD 6x CHART

 

EURUSD. It pulled back to a higher time frame MTF and held. Now another MTF has set up. It did not pull back to the second MTF. The break out does not give a good reward risk.

NZDCHF Forex / Currency 6 and 7 Timeframe Ichimoku Email Alert for the week ending June 3rd.  On June 2nd, we received an 6 and also a 7 time frame Ichimoku Multiple time frame email alert at www.ichimokutrade.com.   Here is the email alert.

NZDCHF 7X ALERT - Copy NZDCCHF  6X ALERT - Copy

Based on the 3 Step Trading Plan published earlier. (https://www.ichimokutrade.com/c/?p=10431), we looked at at a pull back trade on a 1hr time frame provided by ThinkorSwim.   Here is the chart setup:

NZDCHF 6&7X CHART

NZDCHF: Just broke out of the cloud. Needs to break the pivot. If it breaks the pivot then I’ll look for the first pull back. If it doesn’t break the pivot, I can look for a reversal and look for a set up on the lower time frames.

 

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 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 provided on the Blog is for educational purpose.

About the Author Michael Colquitt