Ichimoko Cloud Trading | Forex Factory

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Ichimoko Cloud Trading

  • #1
  • First Post: Apr 11, 2009 8:57pm Apr 11, 2009 8:57pm
Hello everyone,
I have been trading Forex for about 3 years now, and have had some success and also some loses. I have been a follower of this forum for about a year or so and have learned alot of good stratagies. In the past couple of months I've been interested in the Ichimoku cloud, and cannot really find alot of detailed writting, and more importantly, no thread for "cloud" trading. I would like to start this thread for discussion and charting of "cloud " trading.
I would also like to start a chat room for live trading ideas. So anyone, and everyone, that is interested, or has knowledge of "cloud" trading please feel free to input your thoughts and lets start a community on a trading stratagy that has a good reputation of making money.
  • #2
  • Apr 11, 2009 11:14pm Apr 11, 2009 11:14pm
One quick post showing reliable signal to sell E/U.
Attached Image (click to enlarge)
Click to Enlarge Name: cloud trade.gif Size: 21 KB
  • #3
  • Apr 11, 2009 11:55pm Apr 11, 2009 11:55pm
Interesting..you should check out THV, final system thread...uses the cloud and heiken ashi along with a few other custom indicators to make a very good scalping system. I would be interested in knowing more about your method...I have always been curious about the ichimoko cloud and how it correlates to heiken ashi candles...I also am curious about the significance of the lines on the chart that are part of the ichimoko cloud.
Zorro...
  • #4
  • Apr 12, 2009 1:07am Apr 12, 2009 1:07am

Ahhh ... the Ichimoko Cloud. The most perfect indicator. It has everything from S/R Lines, MA's, Momentum, etc ...
  • #5
  • Apr 12, 2009 7:20am Apr 12, 2009 7:20am
Quoting Zorro's Mask
Interesting..you should check out THV, final system thread...uses the cloud and heiken ashi along with a few other custom indicators to make a very good scalping system. I would be interested in knowing more about your method...I have always been curious about the ichimoko cloud and how it correlates to heiken ashi candles...I also am curious about the significance of the lines on the chart that are part of the ichimoko cloud.
Hello Zorro,
I have not used Heiken Ashi, so I cannot give any correlation between the two. Although I may check it out and see if it can make this system better. Keep in mind that I'm still trying to learn cloud trading, but, the lines (black and red) are a 9 and 26 moving average, called tenkan and kijun. The blue line indicates momentum, and the clouds are moving averages that are projected into the future. The color of the lines and clouds are changed to what I prefer, and also I trade it on a 15 min. chart but it was designed for a daily.
  • #6
  • Apr 12, 2009 7:36am Apr 12, 2009 7:36am
interested in Ichimoko cloud trading but dont fully understand it so will be following your thread closely.
  • #7
  • Apr 12, 2009 8:48am Apr 12, 2009 8:48am
Quoting vxdxm
interested in Ichimoko cloud trading but dont fully understand it so will be following your thread closely.
Welcome VX,
I know the chart (on the first post) may look messy, but it is really easy to interpret. The word Ichimoko means " at a glance " thus just by looking at the cloud you can see where support/resistance is sitting. The thicker the cloud, the more s/r, the thinner the cloud, less s/r. With it being projected into the future you have a good idea if whats happening now may continue for a certain period of time. On the first post I was trying to show a prime example. It is the weekend so we don't know what will happen this evening ( Sunday open) but this chart is live up to the close of Friday, just to show how the cloud is projected into the future. I will try to give ideal set ups (and not so good setups) as this week goes on.
Attached Image (click to enlarge)
Click to Enlarge Name: cloud trade 2.gif Size: 22 KB
  • #8
  • Apr 12, 2009 7:35pm Apr 12, 2009 7:35pm
Check the following links

Kharvell's Thread
http://www.forexfactory.com/showthread.php?t=50287

Then a very good source of what and how the Ichimokou Kinko Hyo System works.
http://www.kumotrader.com/ichimoku_w...itle=Main_Page

A very rewarding system on its own or better yet combined with other systems.

EG
  • #9
  • Apr 12, 2009 7:47pm Apr 12, 2009 7:47pm
Quoting el grande
Check the following links

Kharvell's Thread
http://www.forexfactory.com/showthread.php?t=50287

Then a very good source of what and how the Ichimokou Kinko Hyo System works.
http://www.kumotrader.com/ichimoku_w...itle=Main_Page

A very rewarding system on its own or better yet combined with other systems.

EG
about as good as it gets. good luck and if you are truely patient you will make good trades outside of the cloud!
  • #10
  • Apr 12, 2009 8:51pm Apr 12, 2009 8:51pm
Quoting el grande
Check the following links

Kharvell's Thread
http://www.forexfactory.com/showthread.php?t=50287

Then a very good source of what and how the Ichimokou Kinko Hyo System works.
http://www.kumotrader.com/ichimoku_w...itle=Main_Page

A very rewarding system on its own or better yet combined with other systems.

EG
Thanks el grande,
This is what I was hoping to see, some solid definition about using the cloud.
  • #11
  • Apr 12, 2009 9:06pm Apr 12, 2009 9:06pm
I've used a few brokers over the years (using InterbankFX now) and they all have Ichimoku located in the regular indicators. The defaut settings are 9,26,52. From what I understand, when this system was started (1930's) a trading week was 6 days. These settings were set to look back, and forward a precise time period, since the 1940's a trading week has been 5 days. There are some people who feel the settings now should be 7,22,44. I still use 9,26,52 because I feel most 'old school' traders still use those settings (alot of tradition with this system). I do have a demo running with the new settings and have not yet seen a reason to change.
  • #12
  • Last Post: Apr 16, 2009 7:53am Apr 16, 2009 7:53am
Hi everyone.

I'm at work so I can't post articles like I want, but I've posted an article on this trading strategy in another thread, so you can download it if you go to the following link:

http://www.forexfactory.com/showthre...39#post2259639
HELL IS EMPTY, ALL THE DEVILS ARE HERE. -- Shakespeare
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