Ichimoku forever | Page 33 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

4% A Day Forever 1,433 replies

an EA that worked forever 29 replies

Forever Demo Account 9 replies

Attachments: Ichimoku forever
Exit Attachments

Ichimoku forever

  • #641
  • Aug 21, 2009 12:36am Aug 21, 2009 12:36am
this was my trade overnight. woke up with a nice +97
Attached Image (click to enlarge)
Click to Enlarge Name: gj210809.jpg Size: 96 KB
  • #642
  • Aug 21, 2009 12:39am Aug 21, 2009 12:39am
Hi All,

Samer, do you have any positions that you're considering in the market at the moment on EY or GY?

I've just got up here in London.

Cheers.
  • #643
  • Aug 21, 2009 1:07am Aug 21, 2009 1:07am
Quoting harigp
Hi vic

I can see cross up inside the cloud in H 1 BUT i can also see cross down in
daily above the cloud

Confusion

Above post of yesterday 20/08/09

The answer

The buy of GJ YESTERDAY was a medium term buy in H 1 BUT there were sellers sitting out their big time based on cross down in daily

Still the daily has cross down
I was pondering about conflicting timeframes as well, because it happens often.

Correct me if I'm wrong, but is it fair to say that:
(1) firstly, there is many more cross-over signals generated at the lower TFs (compared to the higher TFs) therefore get used to the idea of conflicts;
(2) the more multiple TF conflicts you see, the more likely the market is ranging - therefore be prepared to trade a ranging market on a lower TF in conjunction with other indicators like Parabolic SAR & RSI;
(3) if your two conflicting TFs are close by (i.e. 5M vs 15M, not 5M v 4H), the conflict becomes more significant - therefore you should be more conservative and wait for a better signal.
(4) conversely if your two conflicting TFs are far apart (5M vs 4H), it is less important - therefore you should trade according to the signal generated at the lower TF.

Do we agree or disagree ?
Thank you Crucial Point, Bleek, Trizzle, Darkstar
  • #644
  • Aug 21, 2009 1:11am Aug 21, 2009 1:11am
Quoting lbtrader
this was my trade overnight. woke up with a nice +97
Mate, four Qs:

(1) what's that big thick orange line;
(2) did you shift the green chikou forward by 52 (e.g. 26 + 26) and if so, why?
(3) how did you get those 2 arrows with the line between them happening? Is this an Ichimoku EA?
(4) your entry was .10 Was your stop loss .35 or something different?

Cheers
Chngster
Thank you Crucial Point, Bleek, Trizzle, Darkstar
  • #645
  • Aug 21, 2009 1:14am Aug 21, 2009 1:14am
Quoting viettrader
Hello all

This is my first post and my 1st trade using this system. Nice pips! I took +50 pips of a half position and let the other run to 150 pips (132.23).

Thanks!
Keep it up , more green pips
i encourage you to remove any other indicators and go with Ichi standing alone proud haha
wish you the best
  • #646
  • Aug 21, 2009 1:17am Aug 21, 2009 1:17am
Quoting samer960
hi
this s a strange pair , since i couldn't find anything where i could trade on 5 min chart and jap pair are really wired i entered this one on 4 h chart . for the moment it is ok and...
well done Samer , keep it , and as you mentioned new BIG BOYYZZ keep your eyes on the strong Signal at the moment try to master the Art Of Forecasting and then you will be able to trade all Ichi's strategies

keep it Samer
wish you more green pips
cheeers
  • #647
  • Aug 21, 2009 1:18am Aug 21, 2009 1:18am
Quoting fxcobes
Man there isn't much of anything going on out there tonight...

Good Trading... (but not tonight or not yet anyway...)
fxcobes
am out today , just set aside and leave the evil hedge fund devils do there work today

i'll not trade but will be here
keep it up big boyzzzz , am so happy seeing a lot of winners around me

cheers
  • #648
  • Aug 21, 2009 1:20am Aug 21, 2009 1:20am
Quoting lbtrader
this was my trade overnight. woke up with a nice +97
woow , well done , keep it up , more green pip and
OOO GREEEEN WORLLLLDDDDDDD
  • #649
  • Aug 21, 2009 1:25am Aug 21, 2009 1:25am
Quoting chngster
I was pondering about conflicting timeframes as well, because it happens often.

Correct me if I'm wrong, but is it fair to say that:
(4) conversely if your two conflicting TFs are far apart (5M vs 4H), it is less important - therefore you should trade according to the signal generated at the lower TF.
Do we agree or disagree ?
Totally agree but for point no 4 , if the range in the higher TF allow the signal on the lower TF to go then you can go with it , but the signal on the higher TF is stronger than the one on the lower TF , as u have seen yesterday we have a cross on the daily chart , although the cross is weak but the price could't break it , i go with the big boyzzz to be honest and they only watch the daily chart or higher so once the daily is in control the market will follow them like crazy

keep it BIG BOYYZ
  • #650
  • Aug 21, 2009 1:27am Aug 21, 2009 1:27am
Quoting chngster
I was pondering about conflicting timeframes as well, because it happens often.

Correct me if I'm wrong, but is it fair to say that:
(1) firstly, there is many more cross-over signals generated at the lower TFs (compared to the higher TFs) therefore get used to the idea of conflicts;
(2) the more multiple TF conflicts you see, the more likely the market is ranging - therefore be prepared to trade a ranging market on a lower TF in conjunction with other indicators like Parabolic SAR & RSI;
(3) if your two conflicting TFs are close by (i.e....
Hi Chngster,

1. I agree, due to the significant volatility increase with every reduction in time frame the more crosses you will see as the trailing data feeding the kumo is more regularly updated showing every small move making normal moves look large and cause crossovers.
2. To the best of my knowledge you're right again. I tend to judge is something is range trading by its price movement on the short TF's 1/5 in relation to the kumo position on the long TF's 1/4hr. If it's inside the longer TF kumo it's a weaker signal. - I may be wrong but it seems to work.
3. Not sure without a long explanation however I believe that conflicts in the medium TF's 5-15min 15-30min 30min-1hr are more meaningful than say 1-5min as the mid length TF's remove some of the *noise* from the market.
4. The lower TF always shows the market best at that instant however I like to have both 1/5min and either 1or4hr lining up before entry, however it depends on your risk profile. I don't use this for scalping and the smaller TF that you use for your frame of reference while discounting the longer TF's, technically the more you are scalping vs traditional trend trading.

Feel free to correct me if I am wrong here.

Cheers
  • #651
  • Aug 21, 2009 1:27am Aug 21, 2009 1:27am
hi
it is risky . there were many opportunities to enter the market on m5, m15 and even 30 min . but i didn't get in , i took a small trade on uj using the cross at 15 min chart . and i close it at time for 24 pip when it hit suport at 93.50 . and i ride the retrace up for another 18 pip .
regards

Quoting 4xAddict
Hi All,

Samer, do you have any positions that you're considering in the market at the moment on EY or GY?

I've just got up here in London.

Cheers.
  • #652
  • Aug 21, 2009 1:33am Aug 21, 2009 1:33am
Quoting samer960
hi
it is risky . there were many opportunities to enter the market on m5, m15 and even 30 min . but i didn't get in , i took a small trade on uj and i close it at time for 24 pip when it hit suport at 93.50 . and i ride the retrace up for another 18 pip .
regards
Nice trade, when I logged in it looked like the major trend had run most of its normal 75-100pip range so I've left it for the minute.

Will be interesting to see how Europe and US react tonight to the data out of China that caused the currencies to tank. Apparently the Chinese gov has told all banks that interbank lending which is a major source of liquidity for the smaller-mid cap banks is to be wound right back.

My pick is Europe may like their data a little just after their announcements that are due however the over arching sentiment will be bearish today leading into the weekend.

I'm going to be looking for new short signals on retracements today and play it safe that way I think.

Good luck, again you seem to be pulling a few pips out of thin air. Respect!

Cheers.
  • #653
  • Aug 21, 2009 1:36am Aug 21, 2009 1:36am
hi
good job , i saw it but i didnt have enough b...s to get in .
happy trading


Quoting lbtrader
this was my trade overnight. woke up with a nice +97
  • #654
  • Aug 21, 2009 1:38am Aug 21, 2009 1:38am
Chgster here're my answers

(1) what's that big thick orange line;
this is the 4H Tenkan-Sen
(2) did you shift the green chikou forward by 52 (e.g. 26 + 26) and if so, why?
yes it is shifted, now it is a leading instead of lagging span
(3) how did you get those 2 arrows with the line between them happening? Is this an Ichimoku EA?
no it is not an EA, once your trade is complete, go to the account history and drag the trade to the chart and it will plot the entry and exit as shown
(4) your entry was .10 Was your stop loss .35 or something different?
I entered one lot and my SL was at the greenthick line initially (the 15M Kijun-Sen) then applied a 30 pip trailing stop but got stopped out prematurely
  • #655
  • Edited 2:05am Aug 21, 2009 1:44am | Edited 2:05am
Quoting samer960
hi
good job , i saw it but i didnt have enough b...s to get in .
happy trading
I re-entered @154.34 when it pulled up to the lower line of the cloud (bit risky I know) was +25 initially (which I should have taken when it bounced off the Kijun-Sen) but now +1

Oh well, got out @-11. that "weak cross" below the cloud managed to rally some 87 pips in 40 minutes, S...t.
Attached Image (click to enlarge)
Click to Enlarge Name: gj210809re-entry.jpg Size: 94 KB
  • #656
  • Aug 21, 2009 1:46am Aug 21, 2009 1:46am
Quoting lbtrader
this was my trade overnight. woke up with a nice +97
I just went back and did a little more research. To Use Lbtrader's +97 trade example again, at the time he took his trade:

(1) 5M & 15M had crossed over;
(2) 1H had already crossed over seven hours back;
(3) 4H had crossed over twelve hours back;
(4) 1D was just about to cross, if it wasn't already.

That's a textbook example of perfect entry selection. Wow. Well done, I wished I saw that coming too!
Thank you Crucial Point, Bleek, Trizzle, Darkstar
  • #657
  • Aug 21, 2009 1:52am Aug 21, 2009 1:52am
Quoting chngster
I just went back and did a little more research. To Use Lbtrader's +97 trade example again, at the time he took his trade:

(1) 5M & 15M had crossed over;
(2) 1H had already crossed over seven hours back;
(3) 4H had crossed over twelve hours back;
(4) 1D was just about to cross, if it wasn't already.

That's a textbook example of perfect entry selection. Wow. Well done, I wished I saw that coming too!
that is why I stayed in the trade and why I re-entered.

thanks
  • #658
  • Aug 21, 2009 1:53am Aug 21, 2009 1:53am
REALLY BIG BOYYZZ YOU ARE DOING A GREAT JOB IN HERE
I SEE THAT WE HAVE SEVERAL MASTERS NOW IN HERE

WELL DONE BIG BOYYZZZ

you are soo smart you have mastered the Art Of Forecasting soo easy, you have trusted the signal and you were winner more over you started to master the other strategies Ichi provide.

i see that this week no one did a wrong trade , it was only me haha
keep it up , don't break the rules like i did last night and i lost

keep it up

OO GREEN WORLD
  • #659
  • Aug 21, 2009 1:55am Aug 21, 2009 1:55am
Quoting lbtrader
I re-entered @154.34 when it pulled up to the lower line of the cloud (bit risky I know) was +25 initially (which I should have taken when it bounced off the Kijun-Sen) but now +1
No worries the pair will start to face a Big Resistance but if the evil hedge fund devils are in then all the rules are worthless

try to avoid the Fridays it is really very dangerous

keep it up
  • #660
  • Aug 21, 2009 2:19am Aug 21, 2009 2:19am
Quoting vic_elc
No worries the pair will start to face a Big Resistance but if the evil hedge fund devils are in then all the rules are worthless

try to avoid the Fridays it is really very dangerous

keep it up
I got out @-11 (post above re-edited). should have trusted my instinct and the Heikin Ashi. now it looks like it has been stopped by the 4H tenkan-sen.
Attached Image (click to enlarge)
Click to Enlarge Name: gj210809rally.jpg Size: 93 KB
2 traders viewing now