Ichimoku forever

what about this one?

I used chikou span as my take profit when it hits the upper kumo. Entry was at M15.

Looks good. Got to wait it clear those humps for clearer direction.

Hi.. this my analysis on Ichimoku Kinko hyo.

Thnx to Vic elc, who started this thread. Pls read http://www.forexfactory.com/showthre...=190646&page=2

Its important to look at other tfs, before making any decision.

Happy trading all. . .

New ichimoku thread up, about a new EA, just sharing!

http://www.forexfactory.com/showthread.php?t=302577

Hi guys

Could someone tell me if they are having trouble with the ichi360 monitor V4 indicator or do I read it incorrectly. Look at the chart attached it is the EU H4 and you'll notice the CK (Chikou span V Kijun sen) is pointing up yet the chikou is below the KS and C/C (Chikou span V Kumo Cloud) pointing up but the chikou is below the kumo could someone verify my findings as I get the same result across 2 computers.

are your settings the same for ichimoku? 9/26/52

This is a great indicator, has a couple of bugs in it. my ea just mentioned above is like this indicator but scans all currencies and alerts u when signals chosen from the v4 monitor line up on 2 or 3tfs.

That is a great indi you posted great work the alert for some reason does not work on my computer but it would be great if it alerts when all criteria is met

you need to change the symbols to the ones your broker uses.

Ichimoku is a very good trending system however it has been played with different sets of rules as the thread progress further.I.M.H.O

Thanks got it to work

oook,i dont know where are you guys,but here is smthg i noticed just nao.look at the picture,what is Ks doing? PA is down,Ts is pointing down,Ks is up..
is it some sort of divergence or pattern or...

hi
i think if anyone want to trade on smaller TFs like 5m .needs a trend indicator that dosen't repaint to filter wrong orders. i have already seen your thread so forgive me if this subject has debated before.
cheeers

Okay my strategy:

1. See price position relative to Kumo
2. See how price react to TK and Kj sen; or look for the cross or all other entry signals such as TK-Kj cross, Price cross KJ sen, Kumo break, finally take Chikou span to determine whether it is appropriate or not. Addition, to confirm whether price tk and kj is in equilibrium or not.
3. Look for chikou position relative to price curve, above: bull; below bear, even better if Kumo support it. ie chikou above price cuve, above kumo
4. Confirm future Kumo, if want a long, future kumo should be bull kumo.

Entry:
For me, always confirm chikou span come out from kumo to enter trade. And will draw a imaginary rectangular box (+-1% of current price action) to see whether its going to clash with price curve and Kumo. If thats the case, wont enter cause price may consolidate.

Something to watch out:

1. When price KJ and TK sen flat for a long time, something gonna happen! May be a break out. ie. Price will come to meet Tk sen and later Kijun sen or half way.

2. Current Kumo flat vs future kumo thickness: if thickness of future kumo is very thick then the stronger the support or resistance is for Kumo flat; vice versa for thin Kumo.

Tough part:

For my USD/CAD case, i set my stop loss at 0.95185 vs my entry level 0.9638 (100 plus pips loss), hope you guys can comment about my stop loss

Other than that after enter the trade, don't really know how long should i hold, i always use the Chikou Highest High to confirm my next immediate resistance level, in this case 0.9734 (look chikou curve on left).

Lastly don't have the time to monitor, so sold off first with 50pips profit instead of 70pips.

The reason that im selling off because the TK and KJ suddenly turn flat, so i sold off first! should i just ignore them and let them run?

Any improvements can be made?

Okay kind of regret now, cause if i hold now earning 128 pips which is at the rate of 0.9770!

What time frame are you trading off?

I was using 4 hours time frame

Evening traders!

I'm looking for a bounce off resistance to the downside.
Price has been nicely rejected so far around the 0.8730 level.
If the channel holds take profit will be at 0.8635 at the weekly S1.

EUR/GBP H1

GU is breaking out of the descending channel.
I am targeting the monthly R1 at 1.6666 with Ichimoku starting to line up nicely too.

GBP/USD H4

On July 20 Mero posted a chart that has a lot of additional information in a panel to the right of the price/Ichimoku chart.

Can he tell us - or does anyone else know - where that chart is from?

Thanks all.

FWIW, I've traded for 25 years off and on, discovered Ichimoku a short time ago and have become completely devoted to it. In the market craziness of the last few weeks I've dropped down to 3-minute charts trading US commodities, Bonds, E-mini, gold, Swissy... anthing that's moving.

I set the overall market trend on a 15-minute chart. The only thing I look at there is, "Is price above or below the cloud?" If above, I only trade long (using all Ichi lines and rules) on the 3-minute.)

I can't imagine going back to not being able to SEE into markets like this.

Thanks to all,

Bill M
Vero Beach FL and NY City

You can find some useful info and indicators at http://www.ichi360.com/