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Ichimoku forever

  • #6,701
  • Dec 3, 2009 7:39pm Dec 3, 2009 7:39pm
Quoting Iskander
hey guys does anyone have any mt4 experience with macs ? I mean im struggling to find any mt4 that works on mac os x ( im new to macs) , so far the only thing that i came up with is crossover emulator . Is there any other solution ?
Hey man,

I have a mac and I use VMWare Fusion to run XP and thus MT4. I know that Wine should be able to run MT4 but I had some problems with it.

God bless,

Doc
  • #6,702
  • Dec 3, 2009 7:40pm Dec 3, 2009 7:40pm
Hey guys,

I've been in and out of the forum so could someone please codify the new 1 hour breakout strategy?

God bless,

Doc
  • #6,703
  • Dec 3, 2009 8:44pm Dec 3, 2009 8:44pm
Quoting EgyTrader
Hello Trader thanks to every one care to share information and keep this topic active this massive information topic really it is

I found this book and hope we read it and share notes, firstly you have to read IchimokuWiki.pdf first to have good look about IchiMoku Kinko Hyo charting system before go DEEP !!

Ichimoku Charts - An Introduction to Ichimoku Kinko Clouds - by Nicole Elliotten - Harriman House

Download


Have...
Any one read this book before ?!
Attached Image (click to enlarge)
Click to Enlarge Name: Ichimoku Charts - An Introduction to Ichimoku Kinko Clouds.PNG Size: 204 KB
  • #6,704
  • Dec 3, 2009 8:48pm Dec 3, 2009 8:48pm
Quoting vic_elc
Great you like ichimoku , great to see you around
the answers for your question are

1- always use spanB cause it acts as the point of no return , if it will exceed your risk rule don't enter the trade and look for another pair

2- back test the JPY pairs you will notice that the eur can offer around 700 pip in one break out and the gbp can reach the 1200 pip,, what we will do is take the average or we can exit on the strong S/R levels,

managing the money is not something to be said , cause each position is unique by itself and needs another...
Hello.

I've read this topic for more than 2 months but today I have to register on this forum to ask a question. (lame! lol )

At first thank you for telling us that we have to check higher TF if wanna trade on smaller TFs. That well explains the reason why ichi only works on 4hr or more TF to some traders (include me in the past).

Second, I just have a question: please tell me again about the SL and TP

because in your post (on page 20-30 or something):
_exit according to the support/resistant of other TF
but then in the other post:
_move SL with the blue line (KS line)
but then in the above post:
_move SL with spanB

So yea... if possible, please confirm b/c it's very important to me (and most traders)... thank you very much...

ichimoku forever!!
back... and more dangerous.
  • #6,705
  • Dec 3, 2009 11:35pm Dec 3, 2009 11:35pm
Hi guys
here's the latest update on the trades taken two days go:
AU exited one lot @ 0.9257 for+125 second lot still running +120
EJ 2 lots still running +345
GJ 2 lots still running +391
Gold exit 1 lot @ 1211 + 448 second lot still running + 428
GC exit 1 lot 1.6616 +60, seond lt exit 1.6580 +30
AN 2 lots still running +44
  • #6,706
  • Dec 4, 2009 12:33am Dec 4, 2009 12:33am
Quoting lbtrader
Hi guys
here's the latest update on the trades taken two days go:
AU exited one lot @ 0.9257 for+125 second lot still running +120
EJ 2 lots still running +345
GJ 2 lots still running +391
Gold exit 1 lot @ 1211 + 448 second lot still running + 428
GC exit 1 lot 1.6616 +60, seond lt exit 1.6580 +30
AN 2 lots still running +44
Nice work LB

Where these all taken with the 1h breakout method?
  • #6,707
  • Dec 4, 2009 12:45am Dec 4, 2009 12:45am
Quoting lbtrader
Hi guys
here's the latest update on the trades taken two days go:
AU exited one lot @ 0.9257 for+125 second lot still running +120
EJ 2 lots still running +345
GJ 2 lots still running +391
Gold exit 1 lot @ 1211 + 448 second lot still running + 428
GC exit 1 lot 1.6616 +60, seond lt exit 1.6580 +30
AN 2 lots still running +44
Thank you Crucial Point, Bleek, Trizzle, Darkstar
  • #6,708
  • Dec 4, 2009 1:05am Dec 4, 2009 1:05am
Quoting EgyTrader
Any one read this book before ?!
Yes, I did.
From my point of view (and my point of view is only mine) it is a good starting point, but does not go very deeply into the clouds and the techniques you can use with all the information provided by ichimoku, which is quite huge.

As far as I remember, the last chapter (or chapters) were on how to use ichimoku on options, and again, from my point of view, it is temerary to go into options with the knowledge given in the first part of the book which is very light. In addition, I think ichimoku is not the best tool to take decissions in options trading. In fact, I think it is not appropriate at all. But, again, it is my opinion.

Hope this serves.

Best Regards and Happy Pips

Gonso
  • #6,709
  • Dec 4, 2009 1:25am Dec 4, 2009 1:25am
Quoting drwasho
Hey guys,

I've been in and out of the forum so could someone please codify the new 1 hour breakout strategy?

God bless,

Doc
Hey Doc

welcome back mate, here are the links to the Kumo break out

http://www.forexfactory.com/showpost...postcount=6573
http://www.forexfactory.com/showpost...postcount=6600

Please check them and let me know if you need any help or extra info
God Bless
Vic
  • #6,710
  • Dec 4, 2009 1:26am Dec 4, 2009 1:26am
Quoting lbtrader
Hi guys
here's the latest update on the trades taken two days go:
AU exited one lot @ 0.9257 for+125 second lot still running +120
EJ 2 lots still running +345
GJ 2 lots still running +391
Gold exit 1 lot @ 1211 + 448 second lot still running + 428
GC exit 1 lot 1.6616 +60, seond lt exit 1.6580 +30
AN 2 lots still running +44

a great hunter you are LB

good luck and a nice weekend
  • #6,711
  • Dec 4, 2009 1:28am Dec 4, 2009 1:28am
Hey chngster

wuz up mate, have you seen the Kumo Break out strategy and plan
hope u gonna like it
cheers mate
  • #6,712
  • Edited 2:00am Dec 4, 2009 1:49am | Edited 2:00am
Quoting vic_elc
Hey chngster

wuz up mate, have you seen the Kumo Break out strategy and plan
hope u gonna like it
cheers mate
Gday mate, no this is the first time I've heard about it. Will have a look now.

Edit: Yea I've seen this type of tactic before, and looking at past results it looks fantastic. The only trouble is ME, I don't have the patience to wait for the perfect entry!!

The main issue thus: if you missed the entry by a few days, or a week, what's the best time to reenter? My first thought would be the quiet period after NY and before Tokyo. But, there is a risk you may be in draw down for a few days, depending on how big your stop is.

The next issue is drawdown, how much is an appropriate amount of slack to give? My immediate answer is the kijun, but judging from past experience the PA can pierce the K and rebound...i think something in the order of 100 to 150 pips is a good distance below the kijun.

This leads to the third issue, money managment and appropriate sizing...commonsense dictates the smaller the better...

Any other thoughts?

Chngster
Thank you Crucial Point, Bleek, Trizzle, Darkstar
  • #6,713
  • Dec 4, 2009 1:51am Dec 4, 2009 1:51am
Quoting chngster
Gday mate, no this is the first time I've heard about it. Will have a look now.
Great, please let me know what do you think about it , i just posted the links as reply for Doc , check them please mate
have a great weekend
cheers
  • #6,714
  • Dec 4, 2009 1:51am Dec 4, 2009 1:51am
Quoting kbp
Hello.

I've read this topic for more than 2 months but today I have to register on this forum to ask a question. (lame! lol )

At first thank you for telling us that we have to check higher TF if wanna trade on smaller TFs. That well explains the reason why ichi only works on 4hr or more TF to some traders (include me in the past).

Second, I just have a question: please tell me again about the SL and TP

because in your post (on page 20-30 or something):
_exit according to the support/resistant of other TF
but then in the other post:
_move...

welcome around mate,
about SLs and TPs , you have to be aware that there are several strategies can be used through Ichimoku ( Kumo Break, Ts+Ks Cross, Cs Cross, ..), this why you can see different SLs and TPs,
so decide what you gonna use and set the SL according to it ,
please review the ichiwiki in the first post you will find all of these included there
have a great weekend
cheers
  • #6,715
  • Edited 2:42am Dec 4, 2009 2:12am | Edited 2:42am
All the heat has gone out of the market...its the NFP final countdown...

Inserted Video
Thank you Crucial Point, Bleek, Trizzle, Darkstar
  • #6,716
  • Dec 4, 2009 2:19am Dec 4, 2009 2:19am
Quoting drwasho
Hey man,

I have a mac and I use VMWare Fusion to run XP and thus MT4. I know that Wine should be able to run MT4 but I had some problems with it.

God bless,

Doc
thanks man , ill take a look on that
  • #6,717
  • Dec 4, 2009 2:27am Dec 4, 2009 2:27am
Quoting chngster
All the heat has gone out of the market...its the NFP final countdown...

http://www.youtube.com/watch?v=UaN7RwckVIQ
loool
  • #6,718
  • Dec 4, 2009 2:34am Dec 4, 2009 2:34am
Vic 1h kumo breakout looks great , ive tried it before but now ill focus more on it . Im just still in a mac adaptation phase , so cant post any charts yet
  • #6,719
  • Dec 4, 2009 2:35am Dec 4, 2009 2:35am
Quoting gonso
Yes, I did.
From my point of view (and my point of view is only mine) it is a good starting point, but does not go very deeply into the clouds and the techniques you can use with all the information provided by ichimoku, which is quite huge.

As far as I remember, the last chapter (or chapters) were on how to use ichimoku on options, and again, from my point of view, it is temerary to go into options with the knowledge given in the first part of the book which is very light. In addition, I think ichimoku is not the best tool to take decissions...
thanks and I respect your opinion

Mr. Goichi Hosoda use Ichimoku in many tradeable markets has been used successfully to trade currencies, commodities, futures, and stocks, But I think most of traders here focus on Forex Market
  • #6,720
  • Dec 4, 2009 2:38am Dec 4, 2009 2:38am
lb:

Your an inspiration to us. Congratulations.

Pleased to be in the Au, Eu, Ucad and En long with hundred of pips with sl behind spanB well in profit. Not used to staying in thru the drawdown but I made it. Just learning........Isn't this great? !!!!!!!!!

I'm slowly observing to take any trade when the 1h breaks the kumo as long as the day kumo is up and price is not stuck inside the day kumo; SL trailing behind 1h spanB till stopped out......so far with huge profits and few mistakes.

I think that's the only rules we need to know to get started other than MM and risk management he's covered so well already. Vic may want to approve the above statements.

With experience we can make decisions like take profit at strong resistance/support lines we observe, or enter again after drawdown at R/S points. But this isn't necessary to get started.

lbtrader, glad you are receiving a blessing from your ichi trades. Your success is a big reminder to pay attention to this method.

Steve


Quoting lbtrader
Hi guys
here's the latest update on the trades taken two days go:
AU exited one lot @ 0.9257 for+125 second lot still running +120
EJ 2 lots still running +345
GJ 2 lots still running +391
Gold exit 1 lot @ 1211 + 448 second lot still running + 428
GC exit 1 lot 1.6616 +60, seond lt exit 1.6580 +30
AN 2 lots still running +44
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