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Ichimoku forever

  • #15,081
  • Dec 15, 2010 2:26am Dec 15, 2010 2:26am
Quoting Ichi Kid
Weak bearish cross inside the Kumo on M15..

Stopped out just above the Kumo on M15.
  • #15,082
  • Dec 15, 2010 2:58am Dec 15, 2010 2:58am
Quoting Ichi Kid
Stopped out just above the Kumo on M15.
That's interesting mate, what ichi settings are you using?

Price never broke above my 15min kumo.

I am using the FxPro feed which is GMT +2 or 3 from memory.

4x.
  • #15,083
  • Dec 15, 2010 3:12am Dec 15, 2010 3:12am
Quoting Ichi Kid
Stopped out just above the Kumo on M15.
I got stopped out too.. Have re-entered at 1.5111
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  • #15,084
  • Dec 15, 2010 3:17am Dec 15, 2010 3:17am
Quoting 4xAddict
That's interesting mate, what ichi settings are you using?

Price never broke above my 15min kumo.

I am using the FxPro feed which is GMT +2 or 3 from memory.

4x.
It was the spread that took it above the Kumo (was at 7pip), I should have allowed a little more.....but that would have allowed me a larger loss than I wanted to risk. The loss equated to -£65.

The RR probably wasn't worth it so I shouldnt have entered. There is support at 1.5100 on the weekly and monthly chart, tail of the hammer Oct 2008, so I was only aiming for 25pips
  • #15,085
  • Dec 15, 2010 5:16am Dec 15, 2010 5:16am
the monster had a ts ks cross also
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  • #15,086
  • Dec 15, 2010 5:25am Dec 15, 2010 5:25am
Good Morning All!

What Thomas Edison Can Teach You about Trading Forex


Thomas Edison is one of the biggest inventors we know. His inventions made big improvements and progressions in human life. They say he has more than 200 inventions. Was he genius? Definitely he was not an ordinary person but this is not his success secret. There are thousands of genius people but they have not and will not make any changes in anybodies life - even themselves.
What made Thomas Edison a different person? How can you copy him in your life and business? What you can learn from him to improve your Forex trading business?
Let’s know Thomas Edison more through his quotes and I will tell you how you can follow him in forex or any business that you have.

1. Work Smart
“Being busy does not always mean real work. The object of all work is production or accomplishment and to either of these ends there must be forethought, system, planning, intelligence, and honest purpose, as well as perspiration. Seeming to do is not doing.”
Maybe Thomas Edison knew nothing about the way that we trade forex these days but as you see he talked about having system and planning. Sitting at the computer and looking at the charts doesn’t mean that you are trading or learning forex. You should know what you are doing and what are you waiting for.
If you sit at the computer for several hours per day and you still have no special system (strategy) or you have not learned enough or you have an incomplete knowledge about the forex market and forex trading, then you are wasting your time and money.
2. Work and Wait
“Everything comes to him who hustles while he waits.”
It seems so easy to make money with forex when you just start learning it. Maybe your first few trades with the demo or real account were successful trades and this has made you think that forex is the easiest way to make money. But after a while that you see the other side of the forex market coin, you will get realized that something that you make in several days can be lost in less than one hour. And you will get realized that forex is not easy and it needs learning and hard working.
There are a lot of people who give up after losing some money but only those who follow the right direction consistently and seriously will become good forex traders finally.
3. It Takes Work
“Genius is one percent inspiration and ninety-nine percent perspiration.”
Deciding to learn forex and having enough talent to learn is just the beginning. To become a successful trader, it needs hard working and seriousness.
4. Failing Takes You Closer to Succeeding
I have not failed. I’ve just found 10,000 ways that won’t work.”
You try several different systems, time frames, currency pairs and … to find something that works for you properly. When you see a system doesn’t work for you, don’t think that you have not been able to use it and make it work. Just look for a better and easier system.
When you see that you have not made any money through forex after several months of practicing, don’t think that forex doesn’t make any money or it is impossible to make any money through forex. Be like Thomas Edison. Don’t give up and try more.
5. Don’t Give Up Too Early
“Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time.”
Yes! Try one more time any time that you fail. Learning forex is all the matter of practice and gaining more experience.
6. Make it Fun
“Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time.”
Do you enjoy trading forex? If you learn or trade forex just because you have to make money, you will not become a good forex trader. You have to take it seriously but you should not do it if you don’t like it. You should not trade forex if it seems boring to you. Try to enjoy it in the way that you enjoy a computer game.

http://www.forexoma.com/what-thomas-...trading-forex/ (Source)

Ezmai.
The things which hurt, instruct! - Benjamin Franklin
  • #15,087
  • Dec 15, 2010 5:28am Dec 15, 2010 5:28am
Quoting bluescreen
I got stopped out too.. Have re-entered at 1.5111

Hi,

Well done for getting back in, I sat on the sidelines to watch and see how it played out. i was a bit too conservative with my SL perhaps, but it was because of the large spread.

Anyway, well done you got the pips now
  • #15,088
  • Dec 15, 2010 5:33am Dec 15, 2010 5:33am
Quoting bluescreen
I got stopped out too.. Have re-entered at 1.5111

GBPCHF, it is at S level right now? 1.5083. Tail of the hammer on the Weekly at November 2008.
  • #15,089
  • Dec 15, 2010 5:38am Dec 15, 2010 5:38am
Quoting Ezmai
Good Morning All!

What Thomas Edison Can Teach You about Trading Forex


Thomas Edison is one of the biggest inventors we know. His inventions made big improvements and progressions in human life. They say he has more than 200 inventions. Was he genius? Definitely he was not an ordinary person but this is not his success secret. There are thousands of genius people but they have not and will not make any changes in anybodies life - even themselves.
[color=black][font=Verdana]What...
OMG OMG OMGGGG u talkin about my role model

Sir Thomas , how i wish i can do with my life only 10% of what he has done with his life !!!
  • #15,090
  • Dec 15, 2010 5:42am Dec 15, 2010 5:42am
“Being busy does not always mean real work. The object of all work is production or accomplishment and to either of these ends there must be forethought, system, planning, intelligence, and honest purpose, as well as perspiration. Seeming to do is not doing.”


these are the words that created the trader inside me

loveeeeee u ezmaiiiiiiiiiiiiiiii , u reminded me with some goooooood dayssssss
  • #15,091
  • Dec 15, 2010 5:45am Dec 15, 2010 5:45am
Quoting vic_elc
“Being busy does not always mean real work. The object of all work is production or accomplishment and to either of these ends there must be forethought, system, planning, intelligence, and honest purpose, as well as perspiration. Seeming to do is not doing.”


these are the words that created the trader inside me

loveeeeee u ezmaiiiiiiiiiiiiiiii , u reminded me with some goooooood dayssssss
LOL LOL. Have a brilliant day! and to all.
The things which hurt, instruct! - Benjamin Franklin
  • #15,092
  • Dec 15, 2010 6:06am Dec 15, 2010 6:06am
Quoting vic_elc
the monster had a ts ks cross also
out with 35 pips , if my day was not that busy i'd leave this trade running and follow it with my SL , but my stupid jobbbbbbbbbbbbbbbbb needs my time now :'(
Attached Image (click to enlarge)
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  • #15,093
  • Edited 6:09am Dec 15, 2010 6:06am | Edited 6:09am
Appears that I missed today's monster's (gbpchf) run... congrats to those who picked up those moves.

Does anyone here trade based on 5min ichimoku?

Add: USDCHF 15min seems to be on its way to break out of Kumo. But with news in 90min, not sure if i would take the trade or not. Lets wait how it develops.
  • #15,094
  • Dec 15, 2010 6:11am Dec 15, 2010 6:11am
Quoting kcooper
Appears that I missed today's monster's (gbpchf) run... congrats to those who picked up those moves.

Does anyone here trade based on 5min ichimoku?

Add: USDCHF 15min seems to be on its way to break out of Kumo. But with news in 90min, not sure if i would take the trade or not. Lets wait how it develops.
i'd sell the UCHF and jump out with any pips before the news

EDT:I'd sell if the boss ( the sheet ) is telling me to sell
  • #15,095
  • Dec 15, 2010 7:08am Dec 15, 2010 7:08am
Here is a song for my generation
the 80sssssss
we rockkkkkkkkkkkkkk

Inserted Video
  • #15,096
  • Dec 15, 2010 7:39am Dec 15, 2010 7:39am
Hey Guys,
Thanks for a great thread.
Please let me ask a "silly" question:

What is the latest version of the Ichimoku Marketwatch that you all are using and how is it UPDATED? i.e HOW DO I USE IT? It's not updated automatically right like the ichi360 version?

Do I start it every morning london opening...then what?

PLEASE GIVE US/ME A SILLY "Ichimoku Marketwatch" FOR DUMMIES

i.e. Start the latest version...how???
1...2...3...etc

Thanks

Best,

UsavedMe
  • #15,097
  • Dec 15, 2010 7:59am Dec 15, 2010 7:59am
Quoting UsavedMe
Hey Guys,
Thanks for a great thread.
Please let me ask a "silly" question:

What is the latest version of the Ichimoku Marketwatch that you all are using and how is it UPDATED? i.e HOW DO I USE IT? It's not updated automatically right like the ichi360 version?

Do I start it every morning london opening...then what?

PLEASE GIVE US/ME A SILLY "Ichimoku Marketwatch" FOR DUMMIES

i.e. Start the latest version...how???
1...2...3...etc

Thanks

Best,

UsavedMe

sheet updated and no its not updated automatically; some guys here do all they can to refresh it. Reread the latest pages on this thread, i think you will find all your answers. And no you dont have to start at LO.
  • #15,098
  • Dec 15, 2010 8:02am Dec 15, 2010 8:02am
Quoting UsavedMe
Hey Guys,
Thanks for a great thread.
Please let me ask a "silly" question:

What is the latest version of the Ichimoku Marketwatch that you all are using and how is it UPDATED? i.e HOW DO I USE IT? It's not updated automatically right like the ichi360 version?

Do I start it every morning london opening...then what?

PLEASE GIVE US/ME A SILLY "Ichimoku Marketwatch" FOR DUMMIES

i.e. Start the latest version...how???
1...2...3...etc

Thanks

Best,

UsavedMe
for intraday trades , i trade only during london time
  • #15,099
  • Dec 15, 2010 8:05am Dec 15, 2010 8:05am
see guys , the sheet didn't mention the UCHF at all , and the break we saw on 15 mins was a fake one, even the USD news were bad still the USD holding itself

this is why we shall follow our boss orders only

good luck
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  • #15,100
  • Dec 15, 2010 8:13am Dec 15, 2010 8:13am
i don't know why no one of u guys mention this one , but any how it was better if u were not in

i am closing it now for zero pips, got a ts ks cross to the down side so i'd better stay aside for now
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