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Ichimoku forever

  • #9,121
  • Feb 8, 2010 11:58am Feb 8, 2010 11:58am
No - chikou span still in cloud and flat future kumo act as possible magnet..........
  • #9,122
  • Feb 8, 2010 4:50pm Feb 8, 2010 4:50pm
Where do people think this is going? 150.6 or 121.6?
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  • #9,123
  • Feb 8, 2010 5:33pm Feb 8, 2010 5:33pm
I remember reading that the OP on this thread omitted any Sunday price action. But I was thinking, wouldn't it make sense to include that in Ichimoku? It gets it closer to the 6 day trading week that the creator was using it for when he first created Ichimoku.

I don't have much experience and even the OP says he has had more success omitted the Sunday candles, but I thought it made more sense, especially with keeping with the original 9, 26, 52 settings.

What does everyone think?
  • #9,124
  • Feb 8, 2010 6:44pm Feb 8, 2010 6:44pm
Sunday Candle has caused me major problems ...

my 2 cents

Quoting ric3bowl
I remember reading that the OP on this thread omitted any Sunday price action. But I was thinking, wouldn't it make sense to include that in Ichimoku? It gets it closer to the 6 day trading week that the creator was using it for when he first created Ichimoku.

I don't have much experience and even the OP says he has had more success omitted the Sunday candles, but I thought it made more sense, especially with keeping with the original 9, 26, 52 settings.

What does everyone think?
  • #9,125
  • Edited 7:16pm Feb 8, 2010 6:56pm | Edited 7:16pm
Quoting ric3bowl
I remember reading that the OP on this thread omitted any Sunday price action. But I was thinking, wouldn't it make sense to include that in Ichimoku? It gets it closer to the 6 day trading week that the creator was using it for when he first created Ichimoku.

I don't have much experience and even the OP says he has had more success omitted the Sunday candles, but I thought it made more sense, especially with keeping with the original 9, 26, 52 settings.

What does everyone think?
I think that 26 came from the old 6-day trading week thingy is a misunderstanding popular in the West. Far Easterners are big users of the lunar calendar. 26 has more to do with that. Put it in a simplistic way, if you take one year as having 13 lunations (which can't be by the total number of days in a year and taking 29+days per lunar month), each lunar cycle is exactly 26 days.

Just my 2 cents.
  • #9,126
  • Feb 8, 2010 7:36pm Feb 8, 2010 7:36pm
Quoting Oshawa
I think that 26 came from the old 6-day trading week thingy is a misunderstanding popular in the West. Far Easterners are big users of the lunar calendar. 26 has more to do with that. Put it in a simplistic way, if you take one year as having 13 lunations (which can't be by the total number of days in a year and taking 29+days per lunar month), each lunar cycle is exactly 26 days.

Just my 2 cents.
thats an interesting thought ! Anyways i dont think that we have to worry about original ichi settings as long as they work for us ))
  • #9,127
  • Feb 8, 2010 7:41pm Feb 8, 2010 7:41pm
Quoting ichi360
Sunday Candle has caused me major problems ...

my 2 cents
Hi Ichi ,
how is trading alert developement going man ? I was thinking maybe u could also add cfd support using existing rules for forex ? We could start with the popular ones , and then expand after alert testing phase is completed ? Let me know what do u think? And also let me know if I can help .

Keep up the good work !
  • #9,128
  • Feb 8, 2010 8:10pm Feb 8, 2010 8:10pm
Quoting Oshawa
I think that 26 came from the old 6-day trading week thingy is a misunderstanding popular in the West. Far Easterners are big users of the lunar calendar. 26 has more to do with that. Put it in a simplistic way, if you take one year as having 13 lunations (which can't be by the total number of days in a year and taking 29+days per lunar month), each lunar cycle is exactly 26 days.

Just my 2 cents.
I see.. in any case, does my logic make sense.. including the Sunday candles? Or the whole 6-day work week is completely bogus?
  • #9,129
  • Feb 8, 2010 8:43pm Feb 8, 2010 8:43pm
Yes mate, its going well but of course as u can understand it takes some time. CFD (specially the popular things on NASDAQ and NYSE) are definitely on my mind.

All this will be covered once I've launched the Full web site and not the Wordpress things

EDIT: By the way, I have not heard much of the feedback on whether or not people have found it useful ... will appreciate feedback. Thanks



Quoting Iskander
Hi Ichi ,
how is trading alert developement going man ? I was thinking maybe u could also add cfd support using existing rules for forex ? We could start with the popular ones , and then expand after alert testing phase is completed ? Let me know what do u think? And also let me know if I can help .

Keep up the good work !
  • #9,130
  • Feb 8, 2010 11:06pm Feb 8, 2010 11:06pm
Sunday candle generates bad data.

Every Monday morning, I seldom trade.

Quoting ichi360
Sunday Candle has caused me major problems ...

my 2 cents
  • #9,131
  • Edited 4:30am Feb 9, 2010 3:05am | Edited 4:30am
Hello

i am a novice, but i consider myself a very fast learner. ichimoku is the first thing i could grasp within 1 hour (reading the wiki pdf). it really works well, one look at a chart, and you know if it is worth studying further.

thanks for everyone who contributed to this thread, it was really a great help!

EDIT: oh and thanks a lot to ichi360 for his not-signals
Patience is key.
  • #9,132
  • Feb 9, 2010 3:19am Feb 9, 2010 3:19am
TS/KS/Kumo cross on daily. Weekly bullish.

How far will it go? Any thought?
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  • #9,133
  • Feb 9, 2010 4:25am Feb 9, 2010 4:25am
Quoting ric3bowl
I remember reading that the OP on this thread omitted any Sunday price action. But I was thinking, wouldn't it make sense to include that in Ichimoku? It gets it closer to the 6 day trading week that the creator was using it for when he first created Ichimoku.

I don't have much experience and even the OP says he has had more success omitted the Sunday candles, but I thought it made more sense, especially with keeping with the original 9, 26, 52 settings.

What does everyone think?
I have also wondered about that, especially after talking to some traders who trade on smaller time frames/scalp M15, M5, M1 --with good results with other, different settings. Others say that because the big Japanese Trading Houses use those original settings--we should too. There is also some opinion as to certain time frames being more accurate with certain settings. I don't really know.

Some say the philosophical essence of Ichimoku is based upon WD Gann ( a good synopsis of his usage of sacred geometry & cosmological events and research taking him to Egypt, India, and Greece is described in : "Breakthroughs in Technical Analysis, New Thinking from the World's Top Minds by BLOOBERG) , Elliot Wave, sacred geometry, as well as ancient Chinese Taoist principles. I know that a lot of Japanese culture came from Tang Dynasty China (when the TAO was held in the highest esteem), and to this day there is a Japanese elite which keeps and protects these ancient treasures. I can see the Yin /Yang, 5 Elements, the I-Ching, etc. inside Ichimoku.

From spending most my life in Taiwan, and studying large amounts of Chinese philosophy, I suspect the settings of 9,26, 52 comes from Taoist cosmology. The THREE; Heaven, Earth, humanity have 3 special chi circulations, so 3 X 3 = 9. Nine (symbolizing Union with Heaven), is 1 more than the Pa Kua (8). 26 corresponds to the number of Jieh-Chi days in the Chinese lunar calendar. This is when human beings can absorb special chi (life energy force) connecting the cosmos, earth and humanity for longevity and health. The Chinese calendar is so precise that it calculates the only one 2-minute time period per year (very powerful chi time!) when a raw egg can actually be stood up on its end! 52 corresponds to the number of weeks to rotate around the sun. Sun, TAIYANG + the moon, YUELIANG = Yin/Yang taichi. Lao-Tzu said the human being is a microcosm of the universe. So, from a Taoist perspective it makes complete sense to have a model based upon cosmology as it relates to humans and their behavior. Lunar cycles, menstrual cycles, coral reproductive cycles, all are influenced by the cosmos and so are behaviour and markets so it is not mere "astrological speculation".

Ichimoku seems to incorporate and embrace many things-- and it is a fantastic voyage of discovery.

Just my 2 pips worth.
  • #9,134
  • Feb 9, 2010 5:42am Feb 9, 2010 5:42am
Quoting ichi360
Yes mate, its going well but of course as u can understand it takes some time. CFD (specially the popular things on NASDAQ and NYSE) are definitely on my mind.

All this will be covered once I've launched the Full web site and not the Wordpress things

EDIT: By the way, I have not heard much of the feedback on whether or not people have found it useful ... will appreciate feedback. Thanks
ok , great , I also find it weird that there isnt much people who give their feedback about trading alerts . As for me i find them very useful , especially kumo breakouts , since that is my preferred entry .
  • #9,135
  • Feb 9, 2010 6:47am Feb 9, 2010 6:47am
Quoting Iskander
ok , great , I also find it weird that there isnt much people who give their feedback about trading alerts . As for me i find them very useful , especially kumo breakouts , since that is my preferred entry .
Please continue the work ichi360, it really is a great service... especially if you add 4H
Patience is key.
  • #9,136
  • Feb 9, 2010 8:29am Feb 9, 2010 8:29am
I have decided to short aud usd , we'll see how it goes

Below u may find my 1h and daily charts

P.S. as u see im shorting with a very tight SL just above span b at 1h , and kijun sen at 4h
Attached Image(s) (click to enlarge)
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  • #9,137
  • Feb 9, 2010 9:16am Feb 9, 2010 9:16am
Could you please share with us the reason behind you short AUDUSD?

Quoting Iskander
I have decided to short aud usd , we'll see how it goes

Below u may find my 1h and daily charts

P.S. as u see im shorting with a very tight SL just above span b at 1h , and kijun sen at 4h
  • #9,138
  • Feb 9, 2010 10:22am Feb 9, 2010 10:22am
Hi All,

Perhaps the good time to sell EURJPY on 1 Hour Chart ??

The close try to cross under KInjun(24).

Wait and see.

Regards.
Attached Image (click to enlarge)
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KISS&V :Keep it simple safe & visual
  • #9,139
  • Feb 9, 2010 11:18am Feb 9, 2010 11:18am
Quoting clc4x
Could you please share with us the reason behind you short AUDUSD?
I was looking for a good spot to enter short according to daily downtrend , however my SL got hit , so we will probably see some more retracement before we can continue our down movement .
  • #9,140
  • Feb 9, 2010 11:39am Feb 9, 2010 11:39am
i am looking on your chart and i see that you have the 4h and the 24h ks indicators , can you post them to dawnload ???!! thanks and good luck with your trading.....

best ragards , fad


Quoting Sohocool
Hi All,

Perhaps the good time to sell EURJPY on 1 Hour Chart ??

The close try to cross under KInjun(24).

Wait and see.

Regards.
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