Attachments: Ichimoku forever

Ichimoku forever

#16,181
Aug 15, 2011 9:18am Aug 15, 2011 9:18am

mero
| Joined Nov 2010 | Status: i need money | 120 Posts

hi,billmasi
this indicator is ichi360v8,we must all say 'thank you' to Asher for creating this wonderful indicator.he is not writing here anymore :/ but this is his blog http://www.ichi360.com/

#16,182
Aug 15, 2011 9:45am Aug 15, 2011 9:45am

billmasi
| Joined Aug 2011 | Status: Trader | 13 Posts

Quoting mero

Disliked

hi,billmasi
this indicator is ichi360v8,we must all say 'thank you' to Asher for creating this wonderful indicator.he is not writing here anymore :/ but this is his blog http://www.ichi360.com/

Ignored

Thanks, I had discovered him in my original Ichi searching.

What a giant !

B

#16,183
Aug 17, 2011 12:30pm Aug 17, 2011 12:30pm

nech0701
| Joined Apr 2011 | Status: Trader | 12 Posts

Indicator: Ichi
Time Frame: 4 hours

Current: GBP/USD: 1.6562

Supporting: 1.6388
Resistance: 1.6561

1. Price above Kumo
2.Price Tenkan and Kijun in equilibrium
3.Chikou Span above Kumo and Price action curve
4.Future Kumo is moderate.

Conclude: Its bull environment.

Entry: Fibonacci and 2/3 of previous candle high and low from dow theory. Use 1/3 as the stop loss and 3 for profit

Limit: 1.6428
Stop Loss 1.6374
Pips: 54 pips loss
Target profit: 160pips

Current: EUR/USD: 1.4440

Support: 1.4406
Resist: 1.4515

1. Price above Kumo
2. Price above tenkan and kijun
3.Chikou span above kumo and price action curve
4.Future Kumo forming thick kumo

Conclude: Good environment for long trade

Entry: Same tools as explained above

Limit: 1.4387
Stop loss: 1.4344
Loss Pips: 43pips
Target profit: 129 pips

#16,184
Aug 17, 2011 1:51pm Aug 17, 2011 1:51pm

Sohocool
Joined Dec 2009 | Status: Trader | 453 Posts

Hi all,

I consider that in 1 hour timeframe the main cycle is 24 periods.

Little Kumo setting is do with Tenkan 8 periods (1/3 cycle),

and Kijun 24 periods (1 cycle).

the Chikou 12 periods (1/2 cycle).

the Orange line is Kijuns 24 periods in 3 hours timeframe(24 x3=72).

the Yellow line is Kijun 24 periods in 9 hours timeframe(24x9=216).

Also ,we can consider that the Tenkan 1 hour is the 20 minutes Kijun(60/3 = 20).

so, in 1 Hour chart ,we have 4 Kijun .

Regards.

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KISS&V :Keep it simple safe & visual

#16,185
Aug 17, 2011 3:42pm Aug 17, 2011 3:42pm

4xAddict
| Commercial User | Joined Aug 2009 | 920 Posts

Hi All,

Just an update for the more longer standing members of the Ichimoku Forever family.

As indicated some time ago I mentioned that I was developing a new project, well to cut a long story short things have escalated quite a deal and I am now with a group called IQMarketSpace.

We produce proprietary Quantitative Analysis for institutional and wealthy private investors and have also launched a hedge fund.

Rob our Head of Quantitative Analysis has managed hedge funds and money for wealthy private individuals for many years and has some really great insights into how to trade the markets knowing how large money managers allocate funds in the market.

Anyway, long story short I have started a thread that you can visit here and basically we're publishing coverage of the EURGBP for free for everyone on Forex Factory.

These quant levels that our model produces provide target areas where major decision points occur in the price action and work very well with ichimoku once the quant levels have shown where the price action is going.

If you have any questions feel free to let me know and I'll try to answer in a timely manner.

Quant does use complicated maths and is not really for everyone. We have however created a visual format and I am pretty sure that many of you will notice quite quickly how the quant levels provide clarity for ichimoku to provides entries and inversely quant levels can provide intelligent exit points when ichi is becoming extended within the overall move.

Hope you are all well and green pips to you.

4x.

#16,186
Aug 18, 2011 2:53am Aug 18, 2011 2:53am

dnabrasil
Joined Jun 2010 | Status: 18 pips per day ---> 100% per month | 485 Posts

Quoting gorron

Disliked

here is the link to the files incase someone was looking for it, and i updated the trade summary sheet you can lookup by date now too.

This link has all the files in a folder.

https://docs.google.com/leaf?id=0b24...yzc1owi3&hl=en

modified market watch 2.0 5 pairs: For 5 pairs
modified market watch 2.0 10 pairs: For 10 pairs
modified market watch 2.0 15 pairs: For 15 pairs
modified market watch 2.0 20 pairs: For 20 pairs
trade summary: A simple trade journal

step 1: Make...

Ignored

hi gorron,
how can i add some other crosses, like 6 or 7?

Thank's

#16,187
Aug 18, 2011 10:35am Aug 18, 2011 10:35am

nech0701
| Joined Apr 2011 | Status: Trader | 12 Posts

Quoting nech0701

Disliked

Indicator: Ichi
Time Frame: 4 hours

Current: GBP/USD: 1.6562

Supporting: 1.6388
Resistance: 1.6561

1. Price above Kumo
2.Price Tenkan and Kijun in equilibrium
3.Chikou Span above Kumo and Price action curve
4.Future Kumo is moderate.

Conclude: Its bull environment.

Entry: Fibonacci and 2/3 of previous candle high and low from dow theory. Use 1/3 as the stop loss and 3 for profit

Limit: 1.6428
Stop Loss 1.6374
Pips: 54 pips loss
Target profit: 160pips

Current: EUR/USD: 1.4440

Support: 1.4406
Resist: 1.4515

1. Price above...

Ignored

Updates:

Target profit unrealistic for EUR/USD,
Should let go at 1.4450 to earn aroudn 50-60pips

GBP/USD:

Hit the entry got profit of 55 pips of bouncing back. From 1.4387, sold at 1.6484.

For the stop loss and the target profit, whats the ratio you guys use? 1:3? 1 for stop loss and 3 for your profit? Would you guys place the stop loss more than the target profit?

#16,188
Aug 18, 2011 10:58am Aug 18, 2011 10:58am

knucklehead
| Commercial User | Joined May 2010 | 472 Posts

Hola, my progression through the charts. Always start with the 1 hr and see whats going on. I go to 4 hr and mark Chinkou s/r levels. Then down to 15 to get a break or retrace of a Chinkou s/r level.

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#16,189
Aug 18, 2011 11:02am Aug 18, 2011 11:02am

knucklehead
| Commercial User | Joined May 2010 | 472 Posts

Quoting nech0701

Disliked

Updates:

Target profit unrealistic for EUR/USD,
Should let go at 1.4450 to earn aroudn 50-60pips

GBP/USD:

Hit the entry got profit of 55 pips of bouncing back. From 1.4387, sold at 1.6484.

For the stop loss and the target profit, whats the ratio you guys use? 1:3? 1 for stop loss and 3 for your profit? Would you guys place the stop loss more than the target profit?

Ignored

I try at least try to be at 1:2, but its not unheard of to not set a target and let it run. But if its under 1:2 then I won't take it.

#16,190
Aug 18, 2011 11:18am Aug 18, 2011 11:18am

knucklehead
| Commercial User | Joined May 2010 | 472 Posts

If the retrace on the 15m, breaks below the target 2 s/r, then it should go to the arrow on the chart below.

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#16,191
Aug 18, 2011 12:04pm Aug 18, 2011 12:04pm

knucklehead
| Commercial User | Joined May 2010 | 472 Posts

By the way, the 15m entry was below the kumo and had a medium crossover, great confirmation. Also the Daily is below the kumo, there is a medium cross about to happen on 4hr. This could be a good entry for a kumo break, but it will probably need some breathing room, so attention to chinkou is ultra necessary

#16,192
Aug 19, 2011 4:16am Aug 19, 2011 4:16am

ichi360
| Commercial User | Joined Oct 2009 | 467 Posts

Good on you mate,

I knew you'll do something big. All the best from my side.

Regards,
Asher

Quoting 4xAddict

Disliked

Hi All,

Just an update for the more longer standing members of the Ichimoku Forever family.

As indicated some time ago I mentioned that I was developing a new project, well to cut a long story short things have escalated quite a deal and I am now with a group called IQMarketSpace.

We produce proprietary Quantitative Analysis for institutional and wealthy private investors and have also launched a hedge fund.

Rob our Head of Quantitative Analysis has managed hedge funds and money for wealthy private individuals for many years and has some really...

Ignored

#16,193
Aug 19, 2011 5:07am Aug 19, 2011 5:07am