Ichimoku overview for week 06 2018

When 2 weeks ago saw a firework of signals, last week did the H-bomb: 26 Signals in 14 different markets (out of 22 in the investment universe):

• Cocoa Future (http://www.investing.com/commodities/us-cocoa)
  
• Coffee Future (http://www.investing.com/commodities/us-coffee-c)
• Copper (http://www.investing.com/commodities/copper)
  
• DAX (http://www.investing.com/indices/germany-30)
• Dow Jones (http://www.investing.com/indices/us-30)
  
• EUR/JPY (http://www.investing.com/currencies/eur-jpy)
• Nikkei (http://www.investing.com/indices/japan-ni225)
  
• Palladium (http://www.investing.com/commodities/palladium)
  
• Silver (http://www.investing.com/commodities/silver)
• SMI (http://www.investing.com/indices/switzerland-20)
• Soybeans Future (http://www.investing.com/commodities/us-soybeans)
• S&P500 (http://www.investing.com/indices/us-spx-500
  
• Eurostoxx50 (http://www.investing.com/indices/eu-stoxx50)
• WTI (http://www.investing.com/commodities/crude-oil)

As usual the 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 :)

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. You can check out the development activities at gitlab: https://gitlab.com/werwurm/ichi_reloaded.

First of all, I hope all of your accounts survived last two weeks. I for myself am currently experiencing a drawdown for sure, but thats what stop losses are for: get thrown out of markets with a small loss, being mad about it but still being able to play the game ;) Last week I somewhere read something like "current charts show clearly that bulls take the stairs, while bears the elevator"- which proves true if you look at the charts below. All indices in the investment universe made sharp corrections, accompanied by the two forex pairs. Most commodities are decoupled from that sharp moves, which once again shows the value of diversification of an investment universe. Just try to determine the current correllation of the stock markets alone... (message to myself: rethink the allocation algorithm of my system). For all markets in the investment universe (especially for an intermarket analysis), check the charts and tables below!

All STRONG signals of the months September '17 - January '18...errm no, all strong signals of the 6th week 2018, ordered by symbols:

+------------+-----------+--------------------+-------+-------------------+----------+
| date       | symbol    | name               | type  | amp_info          | price    |
+------------+-----------+--------------------+-------+-------------------+----------+
| 2018-02-05 | Cocoa     | Senkou Cross       | long  | 2018-03-12        |     2044 |
| 2018-02-08 | Cocoa     | Kumo breakout      | long  | from falling Kumo |   2028.5 |
| 2018-02-07 | Coffee    | Kumo breakout      | short | from falling Kumo |    123.3 |
| 2018-02-05 | Coffee    | Senkou Cross       | short | 2018-03-12        |    119.8 |
| 2018-02-07 | Copper    | Kumo breakout      | short | from rising Kumo  |      3.1 |
| 2018-02-05 | DAX       | Tenkan/Kijun Cross | short | Death X           | 12687.49 |
| 2018-02-05 | DAX       | Senkou Cross       | short | 2018-03-12        | 12687.49 |
| 2018-02-06 | DJI       | Kumo breakout      | long  | from rising Kumo  | 24912.77 |
| 2018-02-08 | DJI       | Kumo breakout      | short | from rising Kumo  | 23860.46 |
| 2018-02-06 | EURJPY    | Kijun Cross        | long  | Golden X          |   135.61 |
| 2018-02-06 | EURJPY    | Chikou Cross       | long  | 2018-01-01        |   135.61 |
| 2018-02-08 | EURJPY    | Kumo breakout      | short | from rising Kumo  |   133.18 |
| 2018-02-06 | N225      | Kumo breakout      | short | from rising Kumo  |  21610.2 |
| 2018-02-06 | N225      | Senkou Cross       | short | 2018-03-13        |  21610.2 |
| 2018-02-06 | Palladium | Senkou Cross       | short | 2018-03-13        |   1009.3 |
| 2018-02-05 | Palladium | Kumo breakout      | short | from rising Kumo  |   1017.3 |
| 2018-02-07 | Silver    | Kumo breakout      | short | from rising Kumo  |    16.36 |
| 2018-02-06 | SMI       | Tenkan/Kijun Cross | short | Death X           |   8836.7 |
| 2018-02-06 | SMI       | Senkou Cross       | short | 2018-03-13        |   8836.7 |
| 2018-02-06 | Soybeans  | Kumo breakout      | long  | from falling Kumo |      987 |
| 2018-02-06 | Soybeans  | Kijun Cross        | long  | Golden X          |      987 |
| 2018-02-06 | SPX       | Kumo breakout      | long  | from rising Kumo  |  2695.14 |
| 2018-02-08 | SPX       | Kumo breakout      | short | from rising Kumo  |     2581 |
| 2018-02-08 | SPX       | Senkou Cross       | short | 2018-03-15        |     2581 |
| 2018-02-05 | STOXX50E  | Senkou Cross       | short | 2018-03-12        |  3478.77 |
| 2018-02-09 | WTI       | Kumo breakout      | short | from rising Kumo  |     59.2 |
+------------+-----------+--------------------+-------+-------------------+----------+

The gallery contains the dark theme charts. If you hate it, feel free to drop a comment or a mail :)

• BuFu_contrast
• Cocoa_contrast
• Coffee_contrast
• Copper_contrast
• Cotton_contrast
• DAX_contrast
• DJI_contrast
• DJTransp_contrast
• EURJPY_contrast
• EURUSD_contrast
• Gold_contrast
• HSI_contrast
• N225_contrast
• OJuice_contrast
• Palladium_contrast
• SMI_contrast
• SPX_contrast
• STOXX50E_contrast
• Silver_contrast
• Soybeans_contrast
• Sugar_contrast
• WTI_contrast

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

• 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!