We have a tenkan sen kijun sen cross at the arrow here on 4hr chart. I went short at 120.75. Below the yellow arrow shows the cross.
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DislikedYes I agree this is by far the best indicator out there
Here a good link to understand how to use this indicator ther is a lot more
then just the two line crossing.
http://www.kumotrader.com/ichimoku_w...itle=Main_PageIgnored
DislikedI agree. The cross came prior (bottomside) to the kumo which is a stronger bullish tone and the kumo is changing attitude as well.
The span is crossing above price which reflects reflects bullish. The LONG entry was decent, with the exception of the span at the time of the cross.
I had taken this same position after the cross broke the recent high. Granted I took it within the cloud which I normally wont do, but price needs a direction and I felt a overall bullish tone was developing. Just waiting for a break of the kumo for a final confirmation....Ignored
DislikedWhen we look at the cloud for support/resistance, which time do we have to considere? The levels provided by the cloud in the future or the levels at the present price time?Ignored
DislikedHey Draco,
I'm not sure what problem you're talking about.. I've been trading ichimoku for a long time succesfully with Oanda's Ichi, and look at my chart... count 22 candles from price, they are gridded for you... The Kumo is shifted the B #, and it works fine for me. I don't see what's wrong with it.
Regards,
KevinIgnored