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Ichimoku forever

  • #13,801
  • Aug 31, 2010 8:10am Aug 31, 2010 8:10am
almost a Vic's entry, kumo break out, cross CS, only the TS/KS cross was in the kumo
Attached Image (click to enlarge)
Click to Enlarge Name: gu m5 3108.gif Size: 25 KB
  • #13,802
  • Aug 31, 2010 8:18am Aug 31, 2010 8:18am
Quoting huskyboy
almost a Vic's entry, kumo break out, cross CS, only the TS/KS cross was in the kumo
Nice Trade Husky!

Keep 'em coming
  • #13,803
  • Aug 31, 2010 8:39am Aug 31, 2010 8:39am
Quoting almo
Nice Trade Husky!

Keep 'em coming
Thx i sure will but the clear ones respecting all the Vic rules are hard to find following only cable.
  • #13,804
  • Aug 31, 2010 12:30pm Aug 31, 2010 12:30pm
Quoting FXTheOne
Hi Bcarbon.. Sorry for me late reply.. Here it is
Thank You!
  • #13,805
  • Aug 31, 2010 3:29pm Aug 31, 2010 3:29pm
Hello All,

It is good to see this thread reviving again, let us all keep working at it and we all will benefit.

I have changed the settings on my Ichomoku to 3, 9, 18 . I find these setting give me earlier signals.

So based on these settings I have the 5 min cross , waiting for the 15 min cross and the 4 hr cross too.

Comments - will update when I see the 15 min cross.

My broker is FXCM and I have a Micro Account. Please anyone else trading with FXCM will they show me how to upload the Ichi Monitor on to my chart.

Thank you.
  • #13,806
  • Sep 1, 2010 1:15am Sep 1, 2010 1:15am
Quoting almo
Indra

I would suggest you post your questions here, rather than in an email. It could be a good thing for the thread to get everyone's input.

Just my opinion,

AlMo
You are right, Almo. I will post my questions over here instead. So here's another question from me:

Have any of you gone to http://www.kumotrader.com/forum/ and downloaded the video ichi101? What do you think about the technique mentioned in that video?

Basically he just look at the price-kumo relation, kijunsen-tenkansen relation, chikou-price relation, and the spanA-spanB in the future. They all have to say bullish to enter long. But all the indicators (chikou, kijun, tenkan) needs to be above the cloud as well when we make our entry.

I've followed this strategy for a while until I realized that it is not that reliable in intraday trade. I figured that this technique probably need some adjustment to be used in daytrading. I've asked the kumo trader forum about it but the forum was so dead. I emailed the creator and he didn't comment on anything but to buy his book instead.
  • #13,807
  • Sep 1, 2010 1:28am Sep 1, 2010 1:28am
Quoting huskyboy
Thx i sure will but the clear ones respecting all the Vic rules are hard to find following only cable.
So true, husky. I think the biggest challenge in ichimoku is to wait for a perfect signal to form. The M5 chart kinda made me have to stick to my monitor all day long. Is there anyway we can solve this? Or is there no other way but to change to bigger timeframe? Suppose I move to bigger timeframe, what adjustments should I make? (I.e. Vic's rule is make your entry at M5 and look at H4, H1, M30, & M15, rite? So if I move to M30 do I have to look at W1, D1, H4, & H1?)
  • #13,808
  • Sep 1, 2010 2:48am Sep 1, 2010 2:48am
just wait for this
1°) wait open london or > 8H europe
2°) Price breaks up kumo from ichi5 (for long trade)
3°)kumo5 > Kumo15 > kumo 30

( the lines you see are from Murray maths just a try i do)

kino
Attached Image (click to enlarge)
Click to Enlarge Name: ichi+mmlines.gif Size: 64 KB
  • #13,809
  • Sep 1, 2010 4:06am Sep 1, 2010 4:06am
I would need some clarification..

In many trading ichimoku system, when it said that chikou span is at "open space", what does it mean?

What does it mean if the chikou span is near a cloud that is above it?
What does it mean if the chikou span is near candlesticks that is above it?
Does it mean that is going to reach some consolidation period for the above mentioned?
  • #13,810
  • Sep 1, 2010 6:10am Sep 1, 2010 6:10am
This lists all the basic trade setups with ichimoku. There is charts for each setup it also explains each part of the indicator. I tried to post this earlier but I guess that post was rejected.

http://www.kumotrader.com/ichimoku_w...itle=Main_Page
  • #13,811
  • Sep 1, 2010 7:43am Sep 1, 2010 7:43am
Quoting indra.juwono
So true, husky. I think the biggest challenge in ichimoku is to wait for a perfect signal to form. The M5 chart kinda made me have to stick to my monitor all day long. Is there anyway we can solve this? Or is there no other way but to change to bigger timeframe? Suppose I move to bigger timeframe, what adjustments should I make? (I.e. Vic's rule is make your entry at M5 and look at H4, H1, M30, & M15, rite? So if I move to M30 do I have to look at W1, D1, H4, & H1?)
Here is an indicator you can download for free that will alert of buys from one of the guys that started the thread. This way you do not need to sit buy your computer.

This is his ichi 360 indicator, it will alert you of a T/K cross and rate the strength of it., its is nice because you don’t need to sit in front of the charts waiting.
http://www.ichi360.com/?p=1614

here is version 4 of his ichimonitor, it shows with arrows from 1min to 1week the status of the items that make up the indicator
http://www.ichi360.com/?p=2424

and if you use vt trader from cms I found that you can edit the moving average trading system to alert you or a T/K cross by just pasting some info in there. (the only reason you would want this is that it rings for the whole candle so you don’t even need be close to hear it) the two items above for mt4 are much better to use.
  • #13,812
  • Sep 1, 2010 8:34am Sep 1, 2010 8:34am
Quoting gerald20000
I would need some clarification..

In many trading ichimoku system, when it said that chikou span is at "open space", what does it mean?

What does it mean if the chikou span is near a cloud that is above it?
What does it mean if the chikou span is near candlesticks that is above it?
Does it mean that is going to reach some consolidation period for the above mentioned?
Here is a video that covers all your questions on the chikou.
Inserted Video


the guy has a video on each part of ichimoku that explains each separate part.
  • #13,813
  • Sep 1, 2010 12:38pm Sep 1, 2010 12:38pm
lets see, price rejected from kumo, previous candle closed right at KS, CS rejected from TS, there is still that bearish cross TS/KS; going to sleep now, night
Attached Image (click to enlarge)
Click to Enlarge Name: gu 0109 h4.gif Size: 28 KB
  • #13,814
  • Sep 1, 2010 11:21pm Sep 1, 2010 11:21pm
ichi did his work : flat KS gave resistance and was not broken, first candle didn't brake and closed right at it, second candle opened right under; CS didn't confirm the pullback by not braking the price and TS. See how it goes, glad to have other opinions ?
  • #13,815
  • Sep 2, 2010 12:21am Sep 2, 2010 12:21am
Can someone see this chart? Will you short when the future kumo cloud turns bearish and chikou has to break below the kumo cloud?

That's the way to look at it right?
Attached Image (click to enlarge)
Click to Enlarge Name: 2 sept gu m30.gif Size: 28 KB
  • #13,816
  • Sep 2, 2010 12:35am Sep 2, 2010 12:35am
Quoting gerald20000
Can someone see this chart? Will you short when the future kumo cloud turns bearish and chikou has to break below the kumo cloud?

That's the way to look at it right?
i would agree, CS, kumo, future kumo and closed candle, but i am just learning like you
  • #13,817
  • Sep 2, 2010 7:01am Sep 2, 2010 7:01am
Quoting gerald20000
Can someone see this chart? Will you short when the future kumo cloud turns bearish and chikou has to break below the kumo cloud?

That's the way to look at it right?
I would want to see price break the kumo and as it's a flat bottom kumo I would also wait to see it retrace to the flat and then move down so you don't get caught in a whipsaw.
  • #13,818
  • Sep 2, 2010 7:49am Sep 2, 2010 7:49am
Quoting kinonen
just wait for this
1°) wait open london or > 8H europe
2°) Price breaks up kumo from ichi5 (for long trade)
3°)kumo5 > Kumo15 > kumo 30

( the lines you see are from Murray maths just a try i do)

kino
Greetings Kinonen,
Can you expand a little more on your post.
On "2°) Price breaks up kumo from ichi5 (for long trade)", for 15M and 30M, I presume, price doesn't need to be clear of the cloud. Is that right?
On " 3°)kumo5 > Kumo15 > kumo 30 ", do you mean kumo thickness>k15>k30 or do you refer to the slope of each cloud.
Also in you chart you have three clouds. I assume they are 5M, 13M, 30M. If so then which color is which TF. Where can I get this template.
Thank you so much for your help.
bcarbon
  • #13,819
  • Sep 2, 2010 7:58am Sep 2, 2010 7:58am
Quoting kinonen
just wait for this
1°) wait open london or > 8H europe
2°) Price breaks up kumo from ichi5 (for long trade)
3°)kumo5 > Kumo15 > kumo 30

( the lines you see are from Murray maths just a try i do)

kino
Hello again,
I got the template already.
bcarbon
  • #13,820
  • Sep 2, 2010 10:12am Sep 2, 2010 10:12am
@KINONEN...

you only use kumos 5-15-30 on yours charts ? (what tf ?)

I ask because i have in use some of your setups with mtf kumos,and I really
like them,but with 5-15-30-60-240 all in one chart is a bit messy...
i work on 5m tf,so it's ok to remove the bigger tf kumos ?
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