Piece from Stock market This is long at Phillip Morris and i´m holding long Porsche and Tesco also ..
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Petr.K: do you set a firm TP or use a trailing stop? I never know what to do when letting a trade run overnight when I don't monitor an open trade. Thanks, piprac.
when the price break S/R level or Fibo. Level I'm putting SL about 50 pips above or under this level .But i know that the best thing is to stay in trade untill the price breaks the kumo in the other side. Im not doing it cause of my Money Manegment
- | Joined Jan 2012 | Status: Member | 38 Posts
I trade with Ichimoku on daily timeframe too but just purely on all Ichimoku indicators.
So far it's doing a great job!
Sometimes I wonder why these indicators are not discussed more often than it supposed too.
Anyway nice trades Petr. K!
So far it's doing a great job!
Sometimes I wonder why these indicators are not discussed more often than it supposed too.
Anyway nice trades Petr. K!
I'm start trading Daily with ichi too, following all the 5 indicators and entering only 1 trade per signal (only strong signals). The only thing I'm always in doubt is the SL placement and when to exit positions (as usual the most tricky part). If you want Petr we can discuss it here analyzing trade by trade. Great job Petr. Thx
No problem to discuss go ahead
I trade with Ichimoku on daily timeframe too but just purely on all Ichimoku indicators. So far it's doing a great job! Sometimes I wonder why these indicators are not discussed more often than it supposed too. Anyway nice trades Petr. K!
Hello yes i'm wondering too but i'm just thinking that when someone look at ichi in mt4 its just hard to understand without learning everything .Which i think not so much people doing right now with all the gurus and tv spots about how easy it is , and of course because lot of people want to get rich so fast that they put this at 1 Minute chart and to be honest scalping with ichi just no its not for it is made.
{quote} Yes profit target is always tricky so i sometimes using a Fibonacci and the StopLoss is tricky except if u trading a kumo breakout :-) No problem to discuss go ahead
I usually put my SL on the previous fractal regardless of the signal type for simplicity but I'm not sure this is the best way...
- | Joined Jan 2012 | Status: Member | 38 Posts
{quote} Hello yes i'm wondering too but i'm just thinking that when someone look at ichi in mt4 its just hard to understand without learning everything .Which i think not so much people doing right now with all the gurus and tv spots about how easy it is , and of course because lot of people want to get rich so fast that they put this at 1 Minute chart and to be honest scalping with ichi just no its not for it is made.
maybe they believe indicators are not good for technical analysis
people believe price action trading strategies are the best
but do they know ichimoku also use give setups based on price action?
all indicators of ichimoku are S/R basically
{quote} totally agree maybe they believe indicators are not good for technical analysis people believe price action trading strategies are the best but do they know ichimoku also use give setups based on price action? all indicators of ichimoku are S/R basically
But price action is a real thing its the hardest way to trade i think and needs lot of time .
- | Joined Jan 2012 | Status: Member | 38 Posts
{quote} A lot of people belive to indicators but they gave u lot of false signals of course deppending at timeframe .The problém is that they just dont want to waiting or following the rules and forgeting what the price is actually doing and looking just and the indicators or they trying to make the indicator ´´better´´ like this guy http://www.forexfactory.com/showthread.php?t=519264 .. But price action is a real thing its the hardest way to trade i think and needs lot of time .
never mind he still using demo account
