I took this trade at the close of the candle. I keep an eye on 1.3500 (round number support). Now it is lunch time for London so poor activity. Gonna see at the US session open how it will go.
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Kijun-sen line indicator 45 replies
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DislikedI got +24 pips out of this one. I cashed in the same amount of risk. I could have stayed longer for more profit, but it started running down after major news. So I'm satisfied with the trade.
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DislikedJust wondering if Chinkou Span above price action is what we have in the pic or do we have to wait for Chinkou to get above the dotted line? Thanks.
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DislikedMy question is related to the meaning of "Chinkou Span below or above price action". On the pic, the headsup signal is given by price crossing Kijun-sen upwards (green circle). At that time, Chinkou Span was slightly above price (red circle). But there was another swing high a little further (yellow circle). According to the method, do we have to wait for Chinkou to be above that yellow circle or do we only consider the price in line with Chinkou value at the time of the headsup signal (red circle)?
Of course, history tells that the entry was...Ignored
DislikedHi,
According to the chart AND to our rules : The signal is given by a kijun Sen crossing...BUT, to filter...Ignored
DislikedLast trade of the week. Entry at price just getting over the cloud and Chinkou Span over PA. I brought SL at BE after 10 pips gain and let everything go all the way for +102 pips. I will certainly use this method next week again.
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DislikedHi sir/madam
do u mind sharing ua system above cos am curious wat is this dotted white line on pa on ua chart or the dots r put manually?Ignored
DislikedI am using the Ichimoku indicator as proposed on post #1. I just added Gann HiLo Activator (dotted line) and 5/8 ema crossover (arrows) to confirm and compare the signals to the original method.Ignored
Dislikedis it possible for u to share the tpl u r using and the indicators u have in ua chart including the dotted gann and the gann indi to have the same settings as uas sirIgnored
DislikedHere are the indies and template. I added the Gann indicator (20) after seeing a video from Chris Capre on Ichimoku and thought it was a good idea to confirm the signals with it, but I am demoing hmaoui method. Today I made quite a few pips on 4hr charts with audusd, eurusd, gbpusd and usdcad as price moved a lot (see example of gbpusd +73 pips on the pic).
BTW, I changed the Ichimoku settings for 7, 22, 44. Good luck.
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