Ichimoku overview for week 31 2018

"Wanna have sun in the winter,
Wanna have snow in the summer"

It remains incredibly hot and dry back here in Germany, and markets seem to enter their siesta as well.

As usual the "market weather backcast" contains the ichimoku analysis of 22 indices, futures and FOREX pairs. The linked charts contain all the details and neccessary context. Both charts and tables are generated automatically, at the moment the software is still work in progress. As such, I am not sure if it works 100% correctly, so if you see a mistake, would like to see an addition/change or simply give feedback: feel free to mail me at This email address is being protected from spambots. You need JavaScript enabled to view it.Thanks a lot :)

Last two weeks triggered 7 signals in 6 different markets (out of 22 in the investment universe):

• Coffee Futures (http://www.investing.com/commodities/us-coffee-c)
• EUR/JPY ((http://www.investing.com/currencies/eur-jpy)
• Hang Seng Index (http://www.investing.com/indices/hang-sen-40)
• Palladium (http://www.investing.com/commodities/palladium)
• Eurostoxx50 (http://www.investing.com/indices/eu-stoxx50)
• Crude Oil (http://www.investing.com/commodities/crude-oil)

If you would like to play around with the system that is used to generate the signals and charts on this blog, you can do so! The latest version of my software, ichinscratchy v0.3.0, was released in December 2017. It´s free & open source, you can find it under http://spare-time-trading.de/en/trading-system. Work on the next version (that will be a maintenance release) is progressing nicely. In fact I started using a development snapshot of the upcoming v0.4.0 to do this weekly analysis/overview as this part is already stable enough. You can check out the development activities at gitlab: https://gitlab.com/werwurm/ichi_reloaded.However, there is no release date yet. It´s done when it´s done...

+------------+-----------+---------------+-------+------------------+--------------+
| date       | symbol    | name          | type  | amp_info         | price_quote  |
+------------+-----------+---------------+-------+------------------+--------------+
| 2018-07-31 | Coffee    | Kijun Cross   | short | Death X          |   109.900000 |
| 2018-07-31 | EURJPY    | Kijun Cross   | long  | Golden X         |   130.800000 |
| 2018-08-01 | HSI       | Kijun Cross   | short | Death X          | 28340.700000 |
| 2018-08-03 | Palladium | Kijun Cross   | short | Death X          |   907.900000 |
| 2018-08-02 | STOXX50E  | Senkou Cross  | long  | 2018-09-07       |  3469.210000 |
| 2018-08-01 | WTI       | Kumo Breakout | short | from rising Kumo |    67.660000 |
| 2018-08-03 | WTI       | Kumo Breakout | short | from rising Kumo |    68.490000 |
+------------+-----------+---------------+-------+------------------+--------------+


Below is the gallery for the charts:

• BuFu_light
• Cocoa_light
• Coffee_light
• Copper_light
• Cotton_light
• DAX_light
• DJI_light
• DJTransp_light
• EURJPY_light
• EURUSD_light
• Gold_light
• HSI_light
• N225_light
• OJuice_light
• Palladium_light
• SMI_light
• SPX_light
• STOXX50E_light
• Silver_light
• Soybeans_light
• Sugar_light
• WTI_light

If you downloaded my software and wonder about the system settings, a quick overview for the most relevant ones used for this weekly overview:

• Ichimoku time period settings are standard (9,26,52), only strong signals are shown.
• ICHI_CHIKOU_CONFIRM = true (Chikou Span is used as confirmation/ filter for trend).
• ICHI_KUMO_CONFIRM = false (Kumo breakouts have to be higher/lower than last reaction high/low to be valid)
• SIGNAL_REGIME_FILTER = none (all market regime filters are off)
• SIGNAL_EXECUTION_PYRAMID = full (use every signal even if it is already in portfolio)

Below as mentioned the list with the evaluation of the status quo using Ichimoku. The tables also list the last three Strong Ichimoku Signals.

Wish you relaxing Trading!