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 :)
Again due of a business trip here are the last 2 weeks together. The 18th and 19th week showed quite some activity: 34 signals in 14 different markets (out of 22 in the investment universe) were triggered:
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) has already begun. You can check out the development activities at gitlab: https://gitlab.com/werwurm/ichi_reloaded.
Eurozone Indices followed their young uptrends, US ones seem they cautiously want to do the same. EUR/USD is a text-book example of trend-following behaviour in sideways markets: 7 false signals in a row that would have decimated cash, until the signal is triggered, that would have paid for all the losses (be sure to have a risk management that allows an overall-plus, too :))Be sure to have a look at Cotton, Orange Juice and WTI every now and then, these markets are still in very strong trends. For all markets in the investment universe (especially for an intermarket analysis), as usual: check the charts and tables below!
All STRONG signals of the 18th week 2018, ordered by symbols:
+------------+-----------+---------------+-------+-------------------+--------------+
| date | symbol | name | type | amp_info | price_quote |
+------------+-----------+---------------+-------+-------------------+--------------+
| 2018-05-03 | BuFu | Kumo breakout | long | from falling Kumo | 159.260000 |
| 2018-05-01 | Coffee | Kumo breakout | long | from falling Kumo | 122.600000 |
| 2018-05-02 | Coffee | Senkou Cross | long | 2018-06-06 | 121.600000 |
| 2018-05-04 | DAX | Kumo breakout | long | from falling Kumo | 12819.600000 |
| 2018-05-02 | DAX | Kumo breakout | long | from falling Kumo | 12802.250000 |
| 2018-05-02 | DJI | Chikou Cross | short | 2018-03-26 | 23924.980000 |
| 2018-05-02 | DJTransp | Chikou Cross | short | 2018-03-26 | 10285.900000 |
| 2018-05-04 | EURJPY | Kumo breakout | short | from falling Kumo | 130.510000 |
| 2018-05-03 | EURJPY | Chikou Cross | short | 2018-03-28 | 130.910000 |
| 2018-04-30 | Gold | Senkou Cross | short | 2018-06-04 | 1316.200000 |
| 2018-05-02 | HSI | Kumo breakout | short | from falling Kumo | 30723.900000 |
| 2018-05-02 | HSI | Senkou Cross | short | 2018-06-06 | 30723.900000 |
| 2018-05-04 | HSI | Kijun Cross | short | Death X | 29926.500000 |
| 2018-05-01 | N225 | Kumo breakout | long | from falling Kumo | 22508.000000 |
| 2018-05-01 | Palladium | Chikou Cross | short | 2018-04-01 | 938.900000 |
| 2018-05-01 | Silver | Senkou Cross | short | 2018-06-04 | 16.039000 |
| 2018-04-30 | Soybeans | Senkou Cross | long | 2018-06-03 | 1049.000000 |
| 2018-05-04 | Sugar | Kijun Cross | short | Death X | 11.510000 |
+------------+-----------+---------------+-------+-------------------+--------------+
All STRONG signals of the 19th week:
+------------+-----------+--------------------+-------+-------------------+--------------+
| date | symbol | name | type | amp_info | price_quote |
+------------+-----------+--------------------+-------+-------------------+--------------+
| 2018-05-11 | Coffee | Kumo breakout | short | from falling Kumo | 115.250000 |
| 2018-05-11 | Coffee | Kijun Cross | short | Death X | 115.250000 |
| 2018-05-11 | Coffee | Chikou Cross | short | 2018-04-05 | 115.250000 |
| 2018-05-10 | DJTransp | Kumo breakout | long | from falling Kumo | 10605.800000 |
| 2018-05-09 | EURJPY | Senkou Cross | short | 2018-06-13 | 130.050000 |
| 2018-05-10 | Palladium | Kumo breakout | long | from falling Kumo | 992.800000 |
| 2018-05-10 | Palladium | Kijun Cross | long | Golden X | 992.800000 |
| 2018-05-10 | Silver | Kumo breakout | long | from falling Kumo | 16.680000 |
| 2018-05-10 | Silver | Kijun Cross | long | Golden X | 16.680000 |
| 2018-05-07 | Soybeans | Kijun Cross | short | Death X | 1013.500000 |
| 2018-05-07 | Soybeans | Senkou Cross | short | 2018-06-11 | 1013.500000 |
| 2018-05-07 | Soybeans | Kumo breakout | short | from rising Kumo | 1013.500000 |
| 2018-05-11 | Soybeans | Senkou Cross | short | 2018-06-17 | 1002.000000 |
| 2018-05-10 | SPX | Kumo breakout | long | from falling Kumo | 2723.070000 |
| 2018-05-08 | SPX | Tenkan/Kijun Cross | short | Death X | 2671.920000 |
+------------+-----------+--------------------+-------+-------------------+--------------+
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!
DAX |
2018-05-11 |
13001.24 |
price above kumo |
--> Uptrend |
Signal filter LONG |
confirmed by Chikou-Span |
Kumo on 2018-04-04 |
from 12547.20 to 12800.12 |
price 11957.90 |
Last 3 STRONG signals: |
2018-05-04 |
Kumo breakout (from falling Kumo) |
Long at 12819.60 |
2018-05-02 |
Kumo breakout (from falling Kumo) |
Long at 12802.25 |
2018-03-23 |
Tenkan/Kijun Cross (Death X) |
Short at 11886.31 |
|
|
|
DJI |
2018-05-11 |
24831.17 |
price in kumo |
--> sideways |
no trades |
Chikou-Span at 24831.17 in kumo or between kumo and price |
Kumo on 2018-04-05 |
from 24988.50 to 25066.93 |
price 24505.22 |
Last 3 STRONG signals: |
2018-05-02 |
Chikou Cross (2018-03-26) |
Short at 23924.98 |
2018-04-24 |
Kijun Cross (Death X) |
Short at 24024.13 |
2018-04-13 |
Kijun Cross (Death X) |
Short at 24360.14 |
|
|
|
DJTransp |
2018-05-11 |
10713.6 |
price above kumo |
--> Uptrend |
Signal filter LONG |
confirmed by Chikou-Span |
Kumo on 2018-04-05 |
from 10571.3 to 10615.4 |
price 10453.7 |
Last 3 STRONG signals: |
2018-05-10 |
Kumo breakout (from falling Kumo) |
Long at 10605.8 |
2018-05-02 |
Chikou Cross (2018-03-26) |
Short at 10285.9 |
2018-04-26 |
Kumo breakout (from falling Kumo) |
Short at 10413.9 |
|
|
|
HSI |
2018-05-11 |
31122.1 |
price in kumo |
--> sideways |
no trades |
Chikou-Span above kumo at 31122.1 |
Kumo on 2018-04-03 |
from 30805.1 to 30809.5 |
price 30180.1 |
Last 3 STRONG signals: |
2018-05-04 |
Kijun Cross (Death X) |
Short at 29926.5 |
2018-05-02 |
Senkou Cross (2018-06-06) |
Short at 30723.9 |
2018-05-02 |
Kumo breakout (from falling Kumo) |
Short at 30723.9 |
|
|
|
N225 |
2018-05-11 |
22758.5 |
price above kumo |
--> Uptrend |
Signal filter LONG |
confirmed by Chikou-Span |
Kumo on 2018-04-02 |
from 22045.6 to 22539.7 |
price 21388.6 |
Last 3 STRONG signals: |
2018-05-01 |
Kumo breakout (from falling Kumo) |
Long at 22508.0 |
2018-04-02 |
Kijun Cross (Death X) |
Short at 21388.6 |
2018-03-23 |
Chikou Cross (2018-02-14) |
Short at 20617.9 |
|
|
|
STOXX50E |
2018-05-11 |
3565.52 |
price above kumo |
--> Uptrend |
Signal filter LONG |
confirmed by Chikou-Span |
Kumo on 2018-04-05 |
from 3444.59 to 3496.94 |
price 3429.95 |
Last 3 STRONG signals: |
2018-04-26 |
Kumo breakout (from falling Kumo) |
Long at 3506.03 |
2018-04-23 |
Kumo breakout (from falling Kumo) |
Long at 3513.06 |
2018-03-22 |
Tenkan/Kijun Cross (Death X) |
Short at 3348.19 |
|
|
|
SMI |
2018-05-11 |
8993.5 |
price in kumo |
--> sideways |
no trades |
Chikou-Span at 8993.5 in kumo or between kumo and price |
Kumo on 2018-04-03 |
from 9005.9 to 9140.2 |
price 8630.9 |
Last 3 STRONG signals: |
2018-04-16 |
Kijun Cross (Death X) |
Short at 8726.5 |
2018-03-22 |
Tenkan/Kijun Cross (Death X) |
Short at 8637.9 |
2018-03-22 |
Chikou Cross (2018-02-14) |
Short at 8637.9 |
|
|
|
SPX |
2018-05-11 |
2727.72 |
price above kumo |
--> Uptrend |
Signal filter LONG |
confirmed by Chikou-Span |
Kumo on 2018-04-05 |
from 2702.78 to 2710.90 |
price 2662.84 |
Last 3 STRONG signals: |
2018-05-10 |
Kumo breakout (from falling Kumo) |
Long at 2723.07 |
2018-05-08 |
Tenkan/Kijun Cross (Death X) |
Short at 2671.92 |
2018-04-24 |
Senkou Cross (2018-05-29) |
Short at 2634.56 |
|
|
|
BuFu |
2018-05-11 |
158.85 |
price in kumo |
--> sideways |
no trades |
Chikou-Span below kumo at 158.85 |
Kumo on 2018-04-04 |
from 158.87 to 160.52 |
price 159.47 |
Last 3 STRONG signals: |
2018-05-03 |
Kumo breakout (from falling Kumo) |
Long at 159.26 |
2018-04-24 |
Senkou Cross (2018-05-30) |
Short at 157.76 |
2018-04-23 |
Chikou Cross (2018-03-14) |
Short at 157.80 |
|
|
|
Cocoa |
2018-05-11 |
2802.50 |
price above kumo |
--> Uptrend |
Signal filter LONG |
confirmed by Chikou-Span |
Kumo on 2018-04-05 |
from 2018.75 to 2098.75 |
price 2501.50 |
Last 3 STRONG signals: |
2018-04-20 |
Tenkan/Kijun Cross (Golden X) |
Long at 2729.00 |
2018-04-11 |
Kijun Cross (Golden X) |
Long at 2539.00 |
2018-02-13 |
Kumo breakout (from falling Kumo) |
Long at 2049.50 |
|
|
|
Coffee |
2018-05-11 |
115.250 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-04-05 |
from 120.562 to 123.925 |
price 117.550 |
Last 3 STRONG signals: |
2018-05-11 |
Kumo breakout (from falling Kumo) |
Short at 115.250 |
2018-05-11 |
Kijun Cross (Death X) |
Short at 115.250 |
2018-05-11 |
Chikou Cross (2018-04-05) |
Short at 115.250 |
|
|
|
Copper |
2018-05-11 |
3.095 |
price in kumo |
--> sideways |
no trades |
Chikou-Span at 3.095 in kumo or between kumo and price |
Kumo on 2018-04-09 |
from 3.146 to 3.158 |
price 3.071 |
Last 3 STRONG signals: |
2018-04-24 |
Kumo breakout (from falling Kumo) |
Long at 3.139 |
2018-04-06 |
Kijun Cross (Death X) |
Short at 3.054 |
2018-03-08 |
Kumo breakout (from rising Kumo) |
Short at 3.058 |
|
|
|
Cotton |
2018-05-11 |
84.4800 |
price above kumo |
--> Uptrend |
Signal filter LONG |
confirmed by Chikou-Span |
Kumo on 2018-04-05 |
from 78.7150 to 79.1525 |
price 82.6300 |
Last 3 STRONG signals: |
2018-04-25 |
Kumo breakout (from rising Kumo) |
Long at 83.8900 |
2018-04-25 |
Kijun Cross (Golden X) |
Long at 83.8900 |
2018-04-12 |
Chikou Cross (2018-03-06) |
Long at 83.8400 |
|
|
|
Gold |
2018-05-11 |
1318.200 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-04-09 |
from 1328.625 to 1337.050 |
price 1340.100 |
Last 3 STRONG signals: |
2018-04-30 |
Senkou Cross (2018-06-04) |
Short at 1316.200 |
2018-04-25 |
Kumo breakout (from falling Kumo) |
Short at 1321.200 |
2018-04-09 |
Kumo breakout (from falling Kumo) |
Long at 1340.100 |
|
|
|
OJuice |
2018-05-11 |
169.4 |
price above kumo |
--> Uptrend |
Signal filter LONG |
confirmed by Chikou-Span |
Kumo on 2018-04-05 |
from 142.0 to 146.4 |
price 137.8 |
Last 3 STRONG signals: |
2018-04-26 |
Senkou Cross (2018-05-31) |
Long at 152.1 |
2018-04-17 |
Kumo breakout (from rising Kumo) |
Long at 145.6 |
2018-03-16 |
Senkou Cross (2018-04-24) |
Short at 138.3 |
|
|
|
Palladium |
2018-05-11 |
986.7 |
price above kumo |
--> Uptrend |
Signal filter LONG |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-04-11 |
from 1002.1 to 1043.3 |
price 957.1 |
Last 3 STRONG signals: |
2018-05-10 |
Kumo breakout (from falling Kumo) |
Long at 992.8 |
2018-05-10 |
Kijun Cross (Golden X) |
Long at 992.8 |
2018-05-01 |
Chikou Cross (2018-04-01) |
Short at 938.9 |
|
|
|
Silver |
2018-05-11 |
16.676 |
price above kumo |
--> Uptrend |
Signal filter LONG |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-04-11 |
from 16.485 to 16.897 |
price 16.675 |
Last 3 STRONG signals: |
2018-05-10 |
Kumo breakout (from falling Kumo) |
Long at 16.680 |
2018-05-10 |
Kijun Cross (Golden X) |
Long at 16.680 |
2018-05-06 |
Kumo breakout (from falling Kumo) |
Long at 16.535 |
|
|
|
Soybeans |
2018-05-11 |
1002.0 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-04-09 |
from 1006.5 to 1031.0 |
price 1046.8 |
Last 3 STRONG signals: |
2018-05-11 |
Senkou Cross (2018-06-17) |
Short at 1002.0 |
2018-05-07 |
Senkou Cross (2018-06-11) |
Short at 1013.5 |
2018-05-07 |
Kumo breakout (from rising Kumo) |
Short at 1013.5 |
|
|
|
Sugar |
2018-05-11 |
11.22 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-04-05 |
from 13.43 to 14.16 |
price 12.35 |
Last 3 STRONG signals: |
2018-05-04 |
Kijun Cross (Death X) |
Short at 11.51 |
2018-03-07 |
Chikou Cross (2018-01-29) |
Short at 12.79 |
2018-02-27 |
Tenkan/Kijun Cross (Death X) |
Short at 13.01 |
|
|
|
WTI |
2018-05-11 |
70.700 |
price above kumo |
--> Uptrend |
Signal filter LONG |
confirmed by Chikou-Span |
Kumo on 2018-04-09 |
from 61.960 to 62.365 |
price 63.420 |
Last 3 STRONG signals: |
2018-04-09 |
Kumo breakout (from falling Kumo) |
Long at 63.420 |
2018-04-09 |
Kijun Cross (Golden X) |
Long at 63.420 |
2018-04-06 |
Kumo breakout (from falling Kumo) |
Short at 62.060 |
|
|
|
EURJPY |
2018-05-11 |
130.660 |
price in kumo |
--> sideways |
no trades |
Chikou-Span below kumo at 130.660 |
Kumo on 2018-04-05 |
from 132.688 to 133.785 |
price 131.440 |
Last 3 STRONG signals: |
2018-05-09 |
Senkou Cross (2018-06-13) |
Short at 130.050 |
2018-05-04 |
Kumo breakout (from falling Kumo) |
Short at 130.510 |
2018-05-03 |
Chikou Cross (2018-03-28) |
Short at 130.910 |
|
|
|
EURUSD |
2018-05-11 |
1.19440 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-04-11 |
from 1.22365 to 1.23277 |
price 1.23670 |
Last 3 STRONG signals: |
2018-04-24 |
Senkou Cross (2018-05-27) |
Short at 1.22320 |
2018-04-22 |
Kumo breakout (from rising Kumo) |
Short at 1.22740 |
2018-04-19 |
Tenkan/Kijun Cross (Golden X) |
Long at 1.23460 |
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