Ichimoku Trade Room | Page 4 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Ichimoku 45 replies

Trading Room for traders with FF Trade Explorers 211 replies

GBP/USD Trade Room 24 replies

Trade Explorer Trading Room 5 replies

Attachments: Ichimoku Trade Room
Exit Attachments

Ichimoku Trade Room

  • #61
  • Apr 19, 2011 11:18am Apr 19, 2011 11:18am
Quoting Tkd
I don't like it, 1H has broken up through cloud, but 4H is bearish, Daily looks ranging and Weekly is bearish. To conflicting for me. I'll look for an easier one.
looks like a mess...
Never again will fade the trend
  • #62
  • Apr 19, 2011 11:33am Apr 19, 2011 11:33am
i am buying some silver...not much...
Never again will fade the trend
  • #63
  • Apr 19, 2011 11:45am Apr 19, 2011 11:45am
Just about to finish for the day and saw this, any thoughts on a possible long after the pullback?
Have a great day/evening everyone, hope to get some trades in tomorrow, keeping a close eye on CHFJPY.
Attached Image (click to enlarge)
Click to Enlarge Name: 2.gif Size: 31 KB
  • #64
  • Apr 19, 2011 11:45am Apr 19, 2011 11:45am
Quoting swingfiddle
i am buying some silver...not much...
swingfiddle, suggest you buy silver and gold for very long term. For me silver and gold is not good for intraday trading but for investment. Buy now and keep for 5 to 10 years. As paper money is fiat money and will of course depreciate in value for long term, thus big investor will buy for investment to protect their assets.

May you can keep gold and silver to buy your porche...
  • #65
  • Apr 19, 2011 11:46am Apr 19, 2011 11:46am
Quoting swingfiddle
i am buying some silver...not much...
Very bullish, are you not concerned that it my be a bit over extended.
  • #66
  • Apr 19, 2011 12:02pm Apr 19, 2011 12:02pm
Quoting forex1962
Just about to finish for the day and saw this, any thoughts on a possible long after the pullback?
Have a great day/evening everyone, hope to get some trades in tomorrow, keeping a close eye on CHFJPY.
I would want it to clear the cloud to the upside on the 4H before looking for a long.
Attached Image (click to enlarge)
Click to Enlarge Name: audcad.gif Size: 27 KB
  • #67
  • Apr 19, 2011 12:03pm Apr 19, 2011 12:03pm
I will buy a sailing boat!
@ tkd yes i will get out after few pips its way to extended.

@ fxready i would like to buy and hold but wait for a decent correction first(if there will be one...)
Never again will fade the trend
  • #68
  • Apr 19, 2011 12:21pm Apr 19, 2011 12:21pm
Inserted Video


Weekly video from Manesh Patel
Never again will fade the trend
  • #69
  • Apr 19, 2011 1:06pm Apr 19, 2011 1:06pm
I`m glad the trading room is active and we seem to have had a great trading day. I will be back to post my trade focus btw 5/6 pm PST before returning for the 1st 2 hours of the Lndn session.

Cheers, and God bless all

George
Low Risk Low Stress High Reward High Probability Trades
  • #70
  • Apr 19, 2011 2:21pm Apr 19, 2011 2:21pm
Well that was a long wait for my 50 pips on EUR/USD, 5 and 1/2 hours, still got it in the end and it's been risk free for most of that time.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 23 KB
  • #71
  • Apr 19, 2011 2:35pm Apr 19, 2011 2:35pm
Quoting Tkd
Well that was a long wait for my 50 pips on EUR/USD, 5 and 1/2 hours, still got it in the end and it's been risk free for most of that time.
Good job Tkd. You may want to consider downloading the currency strength meter from http://www.forexfactory.com/showthre...10461&page=175 as an additional tool, as I use this to gauge the momentum (strength & weak) of the pair, in addition to other filters I use. This is why I am not married to any currency pair; will easily take counter trend trades and trade into the cloud with assurance from the CSM. Just my 2 cent as I am also learning

Good trading.

George
Low Risk Low Stress High Reward High Probability Trades
  • #72
  • Apr 19, 2011 3:15pm Apr 19, 2011 3:15pm
Quoting 919gilead
Good job Tkd. You may want to consider downloading the currency strength meter from http://www.forexfactory.com/showthre...10461&page=175 as an additional tool, as I use this to gauge the momentum (strength & weak) of the pair, in addition to other filters I use. This is why I am not married to any currency pair; will easily take counter trend trades and trade into the cloud with assurance from the CSM. Just my 2 cent as I am also learning

Good trading.

George
Thanks George

I have the Kino currency strength indicator that I picked up from the Ichimoku forever thread, it just shows all zero's on the top left hand corner of my charts as for some reason it doesn't work on my live platform with Smart Live Markets, but I have it loaded on a demo account with Alpari and it works fine. on that. I take the strongest two and the weakest two, I then rate the strongest vs weakest I give a No.1 this would be my ideal pair to trade, strongest against 2nd weakest gets a No.2 and weakest against 2nd strangest gets a No.2, these are my second choice pairs, the second strongest against the 2nd weakest gets a No.3 these are my last choice pair. I then only concentrate on looking for good set ups with these 4 pairs. I reset this every hour. I will have a look at the indicator you mentioned it will be interesting to see how they compare. My indicator at the moment is showing GBP strongest, JPY second strongest, EUR weakest and CHF second weakest.
  • #73
  • Apr 19, 2011 3:48pm Apr 19, 2011 3:48pm
folks here is a very good external CSM if you are interested.

http://www.currencystrengthmeter.com/

Also now that asian session begins,we may see a strength of pound before the mpc meeting minutes as there is rumor of a 4th member vote for a rate hike tomorrow.but ofcourse we must confirm that there is such a momemntum,,

ichi looks quite good in all time frames.
i ll go long if i smell cable strength.
Never again will fade the trend
  • #74
  • Apr 19, 2011 6:42pm Apr 19, 2011 6:42pm
I am long GBP/USD, entry of 15 min. I might be a bit early on this one, and we have MPC meeting tomorrow, but I really like the look of the charts. Bullish on all TF's except Monthly and a lovely flat bottom target on monthly. This is a swing trade, rather than my normal day trades, so stop is quite large 129 pips using bottom of cloud on 4 hour, target is flat top of cloud on Monthly approx 1000 pips. If it goes my way I will look to add on pull backs. Wish me luck.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 30 KB
Click to Enlarge Name: gbpusd3.gif Size: 31 KB
Click to Enlarge Name: gbpusd2.gif Size: 36 KB
  • #75
  • Apr 19, 2011 9:36pm Apr 19, 2011 9:36pm
Taken a long on AUD/CHF, entry signal T/K cross on 5 min, the pair is bullish on all TF's except 4H and weekly which are neutral, it looks like it wants to break the top of the cloud on 4H. Stop bottom of cloud on 5M at 23 pips, target fixed at 50 pips. I am not very familiar with this pair, but my CSI indicator is telling me it is the second best pair to trade.
Attached Image (click to enlarge)
Click to Enlarge Name: audchf.gif Size: 24 KB
  • #76
  • Apr 20, 2011 1:53am Apr 20, 2011 1:53am
Quoting Tkd
Taken a long on AUD/CHF, entry signal T/K cross on 5 min, the pair is bullish on all TF's except 4H and weekly which are neutral, it looks like it wants to break the top of the cloud on 4H. Stop bottom of cloud on 5M at 23 pips, target fixed at 50 pips. I am not very familiar with this pair, but my CSI indicator is telling me it is the second best pair to trade.
I agree with you as all TFs are in agreement for long. AUD is still the strongest CCY but CHF is no longer the weakest, and this explains the reduction in momentum to the upside. USD is the weakest and you can see the AUDUSD moving up strongly.

Good trading
Low Risk Low Stress High Reward High Probability Trades
  • #77
  • Apr 20, 2011 1:56am Apr 20, 2011 1:56am
Quoting 919gilead
I`m glad the trading room is active and we seem to have had a great trading day. I will be back to post my trade focus btw 5/6 pm PST before returning for the 1st 2 hours of the Lndn session.

Cheers, and God bless all

George
Sorry I couldn`t make it back on time from my appointment. Tomorrow (Wed) is another day.
Low Risk Low Stress High Reward High Probability Trades
  • #78
  • Apr 20, 2011 2:30am Apr 20, 2011 2:30am
Quoting Tkd
Taken a long on AUD/CHF, entry signal T/K cross on 5 min, the pair is bullish on all TF's except 4H and weekly which are neutral, it looks like it wants to break the top of the cloud on 4H. Stop bottom of cloud on 5M at 23 pips, target fixed at 50 pips. I am not very familiar with this pair, but my CSI indicator is telling me it is the second best pair to trade.

Goodmorning all
I am in the GBPUSD @ 1.6320

the only thing that concernces me is that if mpc disapoints this may fall appart again as it happens every time before it goew north again
but i believe it will go to monthly flat top eventually
Never again will fade the trend
  • #79
  • Apr 20, 2011 2:35am Apr 20, 2011 2:35am
Quoting 919gilead
I agree with you as all TFs are in agreement for long. AUD is still the strongest CCY but CHF is no longer the weakest, and this explains the reduction in momentum to the upside. USD is the weakest and you can see the AUDUSD moving up strongly.

Good trading
I look at the top two strongest and the top two weakest, and consider trading those 4 pairs, so yes this was what I call a No.2 stongest vs second weakest. Although I have been 16 pips up it is struggling and currently 10 pips down. I may close this, it has had 5 hours to try and go somewhere.

What are your thoughts on my GBP/USD trade, I am up or have been up 50 pips and we have MPC meeting minutes at 9.30. I said this was a swing trade originally, but I am not a very good swing trader I hate being up 50 pips or more to then watch it go down the drain.
  • #80
  • Apr 20, 2011 2:39am Apr 20, 2011 2:39am
I have closed AUD/CHF for -11, the price action is not looking good so I am not just going to let it hit my stop. I think in a bigger TF it may still be bullish but this was an entry of a 5 Min with a 23 pip stop
0 traders viewing now