Ichimoku and price action

Quoting Tyross

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{quote} Price action follow-through. Never get too greedy. In the Choros thread, Kostas often reminded us to take profits instead of waiting for the moon... {image}

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Quoting Tyross

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The Trade: (my method :https://www.forexfactory.com/thread/...0#post15567830 ) => Price is showing very strong acceleration, which is unsustainable for a lower time frame. => I am looking for a clear selling zone using Ichimoku —> H8 shows price seeking liquidity and hitting against the SSA of a thick cloud. The zone is therefore defined by the yellow rectangle. => I am scaling into my short positions throughout the zone, with a slightly heavier weight on the SSA itself. => The Take Profit is set at the 50% retracement level...

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Quoting Tyross

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{quote} Same process, on the M5 , this time. The resistance is very clear on the H12, and so is the timing. TP: M5 EMA 15. The trade lasted 15 minutes. {image}

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Quoting Tyross

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I wasn’t very available for trading this morning, but I still managed to take advantage of strong bullish momentum. In these scenarios, support levels are usually found on M5 or M15. I took the first test of the M5 Kijun and the first test of the M5 SSB. On M1 chart, price action was struggling to break through moving averages that were very steeply stacked to the upside. Both trades lasted only a few minutes. It’s interesting to compare the green EMAs a bit later: they compress, start sloping downward, and tighten up—indicating that the bullish...

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Quoting Tyross

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{quote} The 200-points daily target has been exceeded. Since the market isn't very interesting today—moving quite slowly in its oscillations—I’m going to turn off my computer. The indicator in the gray circle shows that no positions are currently open. On the DAX, 200 points are reached quickly, usually in the morning before 11:00 AM. I will post from time to time if I feel a trade can be educationally useful. That’s what matters most to me: doing very short-term trading, but not at random—backing up trades with simple, objective reasoning without...

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Quoting Tyross

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{quote} The 200-points daily target has been exceeded. Since the market isn't very interesting today—moving quite slowly in its oscillations—I’m going to turn off my computer. The indicator in the gray circle shows that no positions are currently open. On the DAX, 200 points are reached quickly, usually in the morning before 11:00 AM. I will post from time to time if I feel a trade can be educationally useful. That’s what matters most to me: doing very short-term trading, but not at random—backing up trades with simple, objective reasoning without...

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Quoting Tyross

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{quote} End of day. Every trade is based on Ichimoku levels. I open fewer positions, but they are better placed. My TP are tight, which is more than offset by running multiple positions. All my entries use low leverage relative to my account size. This is a personal choice; others prefer the opposite—using high leverage and treating their entire account balance as a stop loss. The advantage of low leverage is the lack of stress. The downside: you need patience to grow the account. {image} {image}

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Quoting Tyross

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DAX 40 - H4 ...be carefull. {image}

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Quoting Tyross

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{quote} I’m not going to do anything against this resistance; in the past, I would have sold this major level immediately. Not anymore. My daily target has already been met (200 points per day). It’s 11:32 AM in France, I’ll be back this afternoon. {image}

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Quoting Tyross

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The first contact on a very steep Tenkan, on M30 and higher timeframes, is usually a very high-probability trade. The M1 price, overextended in terms of momentum relative to its moving averages, is bound to react. It’s 9:00 AM in France—the market open—so I’m staying flat, even with a setup like this. But it worked out. {image}

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Quoting Tyross

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The Kumo Anomaly is simple: when the distance between the Tenkan and the Kijun is greater than the thickness of the future Kumo, the price is likely in 'excess.' The trader must then look for a catalyst on higher timeframes to enter a position—specifically, identifying a key support or resistance level. /!\ : This tip comes from the work of an absolute Ichimoku master: Khalid El Bouzidi. Respect. Example: {image}

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Quoting Tyross

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...just before the news for Dax. Hum... short TP is needed . Extrem Verticality of Price = Strong Probabilities if there's a good support on ichimoku. {image}

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