Dislikedmaybe not tenkan sen . The kijun sen and to a greater extent the flat senkou span B points to equilibrium.
@Dondoggy : yes Chikou span may not break past the
kumo. it seems to be in amongst the " noise ". Maybe sideway trendingIgnored
Hi Fredfx
That is some pretty good analysis there ! what you said about the down- sloping kumo which i define as a down trading senkou span B makes alot of sense for PA finding support if momentum fails.
And re: your Jan 3 kumo breakout example -that i actually interprete as an upward kumo trend. The Senkou span B was trending up before twist which bodes well eventually for the long position before it ended with a double top price formation.
That will certainly help to give me more food for thought next time prior to going into trade. Many thanks !
To you and everyone here have a great weekend and more green pips to come !
That is some pretty good analysis there ! what you said about the down- sloping kumo which i define as a down trading senkou span B makes alot of sense for PA finding support if momentum fails.
And re: your Jan 3 kumo breakout example -that i actually interprete as an upward kumo trend. The Senkou span B was trending up before twist which bodes well eventually for the long position before it ended with a double top price formation.
That will certainly help to give me more food for thought next time prior to going into trade. Many thanks !
To you and everyone here have a great weekend and more green pips to come !
I personally wouldnt have longed that trade based on ichimoku because i always like to use the leading sentiment of the kumo to validate the run.
After kumo breakout you will notice the particular kumo was sloping down which means the near term support was extending downwards b4 the kumo twist, so there is a danger that price will return to that area if the bullish momemtum is not strong enough, if price doesnt break downward at the kumo twist where the kumo becomes very thin then most likely it will continue upwards, but in this case it is advisable...
- #9,765
- Feb 26, 2010 2:31pm Feb 26, 2010 2:31pm
@ Egytrader: i noticed your post on double dip of chikou span on the 15M TF and i agree that points to reversal. Question is : i want to swing trade on 4H TF . Do i have to keep checking shorter TF to prevent this from happening ?
The Side way move of CS span is alert to weakness but not to have be a alert for exit for example last for the example i show we face the Weekly KS
so when we see this weakness we have to ask are this a correction Wave or this will be a reverse and remember not only CS MTF till you but also TS and KS stabilization momentum
" All the Time ask all the lines not only the CS and you will have the correct answer "
About selection TV it is relation between sensitivity and Power
Lower TF is so sensitive
Higher TF is so powerful
see what happen when the price touch the daily TS or 1H TS
the same pattern at 1M "yes 1M" is the same at 1Month
you can fill in 4H what make you check the Micro Picture and you can fill in 5M what make you check the Macro Picture
"Read the chart language with Ichimoku"
Any one please this is a three chart foe EU when is 1M TF , 1H TF and Weekly TF
for me I can not know which time frame is this charts
http://i47.tinypic.com/24ooqih.png
http://i50.tinypic.com/ank7py.png
http://i46.tinypic.com/20pvkns.png
"No difference the same chart language"
IF you want to know the answer check the attached
to Adipati : Do not download this please
Best Regards ,
Mohamed Abdelrahman - EgyTrader
The Side way move of CS span is alert to weakness but not to have be a alert for exit for example last for the example i show we face the Weekly KS
so when we see this weakness we have to ask are this a correction Wave or this will be...
Thanks Mo, I guessed right
Just remind me about the double CS method, do I exit the trade as soon as the CS crosses the zigzag? if so what is the point of two CS
Sorry if I sound stupid
- #9,767
- Feb 26, 2010 3:05pm Feb 26, 2010 3:05pm
Thanks Mo, I guessed right
Just remind me about the double CS method, do I exit the trade as soon as the CS crosses the zigzag? if so what is the point of two CS
Sorry if I sound stupid
The Side way move of CS span is alert to...
Best Regards ,
Mohamed Abdelrahman - EgyTrader
- #9,770
- Feb 26, 2010 8:02pm Feb 26, 2010 8:02pm
I am new to this website and I am new to this thread. I have been interested in learning this technique for a while. It is very interesting and all your inputs and knowledge is appreciated. It is amazing to see one person helps another makes money. The person who started this thread, Vilc, is he still in thread? This is my first post and I hope to be around for a while Just wanted to introduce myself.
Just wanted to introduce myself.
- #9,772
- Feb 26, 2010 10:39pm Feb 26, 2010 10:39pm
The Side way move of CS span is alert to weakness but not to have be a alert for exit for example last for the example i show we face the Weekly KS
so when we see this weakness we have to ask are this a correction Wave or this will be...
Have a great weekend bro, and to other ichi traders as well
Enjoyyyyy the song
......... "Trust in ichi, and Nothing Else Matters" he he Inserted Video
- #9,775
- Feb 27, 2010 4:39am Feb 27, 2010 4:39am
- Joined Jan 2010 | Status: Amat victoria curam | 2,333 Posts
I'm longing on USD/CHF, on H1 you will see why
anyone in ??
taking a look at 1H 4H and daily all show negative signs, good luck with your long will post updated charts later
