Hello Misterboy and Knucklehead,
First off, Knucklehead is one of my top students (not just in the Ichimoku Course, but all of them). He's been with me a long time and has really developed into a damn good trader.
Although you do not need to combine PA with ichimoku, he does just that and has made them a powerful combination. His ichimoku wave analysis is really good, and when you combine this with the systems, an understanding of ichimoku, and Price Action, you can do some serious trading finding trades where most would not.
Often times the general trades from the ichimoku course go for a 2x reward play, but sometimes they can go for 3, 4 and several more multiples - just depends upon the trend, but if they go, we generally capture a large portion of that move.
Here is another example of a trade a student of mine took just using ichimoku and the strategies from the course. Notice how much of the most recent upswing he caught which is almost 80% of the move. Not bad at all.
Anyways, an excellent trade knucklehead so well done mate!
Kind Regards,
Chris
First off, Knucklehead is one of my top students (not just in the Ichimoku Course, but all of them). He's been with me a long time and has really developed into a damn good trader.
Although you do not need to combine PA with ichimoku, he does just that and has made them a powerful combination. His ichimoku wave analysis is really good, and when you combine this with the systems, an understanding of ichimoku, and Price Action, you can do some serious trading finding trades where most would not.
Often times the general trades from the ichimoku course go for a 2x reward play, but sometimes they can go for 3, 4 and several more multiples - just depends upon the trend, but if they go, we generally capture a large portion of that move.
Here is another example of a trade a student of mine took just using ichimoku and the strategies from the course. Notice how much of the most recent upswing he caught which is almost 80% of the move. Not bad at all.
Anyways, an excellent trade knucklehead so well done mate!
Kind Regards,
Chris