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Ichimoku forever

  • #11,881
  • Apr 1, 2010 10:11am Apr 1, 2010 10:11am
Quoting pedma
Hallo,

How long will this CHF/JPY go long ? When we must exit from the trade (must we look at 5M or 15M chart, or just stay at 4H chart). And if the 4H ichi_V6 Ks/Ts indicator become red, we must exit the trade ? Or we must wait until it break the kumo at 4H chart ? Any tips is welcome.

CHF-JPY 4H

Thanks.
-pedma -
TP at 89.82 first and if it gets close just move the TP to 89.92
  • #11,882
  • Apr 1, 2010 10:14am Apr 1, 2010 10:14am
Quoting redbeben
TP at 89.82 first and if it gets close just move the TP to 89.92
Hi redbeben,

Thanks. How do you get that TP ? Using pure Ichi or other Method ?
Can you share your opinion ?

-pedma -
Good friends are more valuable than gold ...
  • #11,883
  • Apr 1, 2010 10:18am Apr 1, 2010 10:18am
Quoting chngster
Relax mate, let it run. You need to start disrespecting pips more and they will come. Treat em mean, keep em keen.

Thanks
The things which hurt, instruct! - Benjamin Franklin
  • #11,884
  • Apr 1, 2010 10:21am Apr 1, 2010 10:21am
Quoting ichi360
In theory I agree with you, there must be a reason for that. But my question is ... isnt that going to delay our Entry to a point where the price has already made the moves that we should have traded ?

Secondly, are we on the right track to assume that this is the actual use of Future Kumo ?

Apparently, there isnt much you can find about this topic on web except that its covered in Ichimoku Time/Price Analysis (the topic I covered few months back here).
Yes, using this strategy will give signals after some delay. But entering little late in trade is better than entering a trade which will hit your stop-loss or test your patience while moving range-bound.

I'm not saying this strategy will give you 100% right signals. But, certainly, will flush out flase signals.

We're on right track or wrong - we can only decide after using it.

Also, ref. your another post, I don't see any signal as weak, neautral or strong; price is above kumo or below etc. For me, signal is signal.

I'm using this strategy on H1 chart without seeing any other timeframe chart for entering. And as far, results are better. Only point, which I'm finding out is "when to exit".

Let's C.

Regards
  • #11,885
  • Apr 1, 2010 10:24am Apr 1, 2010 10:24am
Quoting pedma
Hi redbeben,

Thanks. How do you get that TP ? Using pure Ichi or other Method ?
Can you share your opinion ?

-pedma -
sure thing bro .

for me it is simple and it looks as it works.depends on your point of view.

I look on the chart where I open the trade.on the same TF I look back at the CS(the black line)
I try to find a position higher than my price in the past(for the long moves) or lower(for short moves)

you will see that CS draws some spikes .each spike is either support or resistance in the past so the price will either bouce back or will penetrate that level.
as soon as my trade gets close to that level I change my TP to the next level (the next spike ) and quickly open the window to be able to close the trade manually in case it will bounce back from that TP to violently.

as long as you drag the SL with you with the KS (blue line) everything will work as a swiss watch

acc to the ichi manuals we are trend followers and we have to sacrifice some pips at the entry and exit in order to leave the trend to mature

I can even send you some chart with my trades for today to show you the exact moves ..but a bit later
  • #11,886
  • Apr 1, 2010 10:38am Apr 1, 2010 10:38am
Guys,

i'm a bit worried now.............

please read this article. we may not achieve what we want as successful forex traders coz it may just a dream baby..






  • #11,887
  • Apr 1, 2010 10:45am Apr 1, 2010 10:45am
[quote=Adipati;3603425]Guys,

i'm a bit worried now.............

please read this article. we may not achieve what we want as successful forex traders coz it may just a dream baby..










aprils fools day )))))))))))....you nearly gave a heart attack.....noott I don't understand economics )
  • #11,888
  • Apr 1, 2010 10:53am Apr 1, 2010 10:53am
Woww anyone saw that chf move ? Interventionnnnnnnnnnnnnnn
Trade Smart
  • #11,889
  • Apr 1, 2010 11:19am Apr 1, 2010 11:19am
Quoting Osman
Woww anyone saw that chf move ? Interventionnnnnnnnnnnnnnn
that's why SL is sooooo important
  • #11,890
  • Apr 1, 2010 11:28am Apr 1, 2010 11:28am
Man,where would I be if I hadn't come across this thread?
  • #11,891
  • Apr 1, 2010 12:26pm Apr 1, 2010 12:26pm
Quoting mark5
Hi guys,

I made a kumo breakout indicator. It simply checks when price breaks kumo and closes above or below it, and then displays the signal, plus it can generate an alert.
By default it works with Heiken Ashi candles instead of normal ones.

It is my first Ichimoku indicator, so I appreciate any feedback :-)

mark
hi bro,

welcome to ichi thread, and thanks a lot for this great indicator i just used it and it works well!!

i have one more request and i hope i'm not asking too much is it possible for u to create an indicator + alert (just similar to this kumo breaks indicator) for kijun sen cross? i'm mostly using this strategy on 4 hrs chart and it would be great if i could have one

thanks for any help and wish u moreee greeeeeen pips broooooo
  • #11,892
  • Apr 1, 2010 12:45pm Apr 1, 2010 12:45pm
Quoting Osman
Woww anyone saw that chf move ? Interventionnnnnnnnnnnnnnn
I never short CHF pairs....always worried about that...
i dont even trade EURCHF just because of stinkin intervention...
  • #11,893
  • Apr 1, 2010 1:52pm Apr 1, 2010 1:52pm
Quoting vic_elc
guys if u went long with the confirmation on the 1hr i believe that now we are fighting the 1st R level if Cs managed to break the Ks the next level will be the Kumo itself
got out +100. set TP is limiting I can see....
  • #11,894
  • Apr 1, 2010 3:54pm Apr 1, 2010 3:54pm
Hi .... ichimoku has been my favorite method for the last 6 months and I ran across this thread and it seems very good. I agree with the strong signals but I had read before that the cspan was unnecessary and should be deleted from the chart to clean it up. After reading your thread I see the importance of it and have added it back on my charts. I looked back at the last losing trade I had and sure enough the cspan gave no confirmation. Thanks for that tip and I look forward to learning more here as the days go by.
  • #11,895
  • Apr 1, 2010 6:34pm Apr 1, 2010 6:34pm
i just read ichimokuwiki what shall i do now for trading wth ichimoku?
  • #11,896
  • Apr 1, 2010 6:36pm Apr 1, 2010 6:36pm
The neutral range zone for Apple has changed and 225.00 now appears to be the strong Support Zone now. The revised targets are now at 237.50, 243.75 and 250.00 …

256.25 will ensure another correction back to the zone between 225 and 240

Complete list of charts for this trade setup at http://www.ichi360.com/cfd/
Attached Image (click to enlarge)
Click to Enlarge Name: APPLE_020410.png Size: 47 KB
  • #11,897
  • Apr 1, 2010 7:49pm Apr 1, 2010 7:49pm
USD Index has broken the Kumo Cloud support on 4H and appears to be travelling back to 78.125 level … watch out for USD weakness and possible further gains for other currencies against US Dollar for some time.


Once we reach back to 78 – 79 level we need to re-evaluate things …
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDIndex_010410_1W.png Size: 68 KB
Click to Enlarge Name: USDIndex_010410_1D.png Size: 73 KB
Click to Enlarge Name: USDIndex_010410_4H.png Size: 64 KB
  • #11,898
  • Apr 2, 2010 1:10am Apr 2, 2010 1:10am
Quoting ichi360
USD Index has broken the Kumo Cloud support on 4H and appears to be travelling back to 78.125 level … watch out for USD weakness and possible further gains for other currencies against US Dollar for some time.


Once we reach back to 78 – 79 level we need to re-evaluate things …
Good morning ichi360 Good analysis for the USDX
It will probably rise up to 81 or 81,20 ( H4 Kumo ) and then tank again...
Do what you want, but do it in love
  • #11,899
  • Apr 2, 2010 3:10am Apr 2, 2010 3:10am
Happy Easter to all celebrating it on 4th of April. I will be out for a small holiday !
When i return , on about 6th April, I want everybody to have at least 1000 pips green !

Understood ?!
  • #11,900
  • Apr 2, 2010 3:49am Apr 2, 2010 3:49am
Quoting redbeben
sure thing bro .

for me it is simple and it looks as it works.depends on your point of view.

I look on the chart where I open the trade.on the same TF I look back at the CS(the black line)
I try to find a position higher than my price in the past(for the long moves) or lower(for short moves)

you will see that CS draws some spikes .each spike is either support or resistance in the past so the price will either bouce back or will penetrate that level.
as soon as my trade gets close to that level I change my TP to the next level (the next spike...

Hi rebeben,

Thanks. Yes, i would like to see your chart (if you have time) ...

Thanks.
- pedma -
Good friends are more valuable than gold ...
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