Trading with range bars ichimoku cloud & awesome oscillator

very hard day but manage some good trades

Post #1895 has a link to our chatroom. We're there from London open to NY close. Come join us to work together to identify and trade the awesome set-ups that Rocky trades.

Slowish day, some strong currency but nothing very weak. Today a day where you have to hunt through the charts patiently. 3 trades again a late start.

Nice trades Peezeroo

A lot of traders have problems to recognize trading opportunities.

To my mind, on very short time frames, the first hour of London cession and US cession give us break out of range quite clear. Ichimoku is one of the best trading system to enter in these situations, with good probabilities.

If some beginners in trading read this thread, look at this chart of Eur Jpy, on one minute time frame....two break out. And we can see this situation every day.

Welcome to the thread Tyross.

hi rocky..
on cadjpy chart.. are you late to enter?

2-minute timed candles. Times are New York. Nice consolidation. Interestingly, it (GU) dropped while EU was climbing. Entry is the circle, stop is the line, exit is the X. Good last trade of the day. Exited at first support (pink line).

Thank you very much, Boss

yes it was a laste entry, got distracted by my wife.

Morning cession in France. Not easy for me....i have to take my son to school. So, when price break the range at 8.15am....i'm in the car in the traffic jam.

But at 9.00 am, we can sometimes see beautiful movements.

EUR NZD: good situation, no problem.



EUR USD: too late. I took a second entry, but stopped BE. The best entry was at 8.32 am...



EUR AUD: i closed the trade, chart on m15 was bad. I tried, i lost. The market is still the strongest



Not too bad, but can do better

open now GJ and GU. will post after close

GC .UC,EC open now will post after close

very hard day to trade.. i think friday is the worst day to trade..

Sharp movements on the market....

Very usefull chinkou on one minute chart: when chinkou passes in line with a trough of market, one must be very attentive to the reaction of the price with respect to tenkan....If tenkan is crossed, we often have a significant reverse local movement (as on the arrows on the chart). It's a good trick for scalping on Dax

GBP JPY: scalping on forex... fantastic ichimoku with one minute chart...



End of the day. Have a nice week end

DAX, with chinkou in line with trough of market, few examples



Edit: a very good situation on Dax, with chinkou and my set up scalping dax. It's just to illustrate the power of chinkou on one minute chart.

Lazy to post all losses mostly BE

Friday is a VERY bad day....always small wins, or loss. Very difficult. A lot of traders never trade on friday. Don't worry.

slow day for me, 2 trades. But probably should have taken day off as interest level was low, and i was bored. Friday is usually not a great trading day. Am sitting on my roof deck watching shrimp boats coming and going, leaving in 3 hours for a trip down to todos santos for some surfing and partying. Weekend of surfing, incredible meals,
cold cerveza and don julio anejo with friends and family. So monday could be iffy for me depending on my level of crazy for the weekend.

Rocky,

when should I sell into this trade on the horozontel line or the base of the channel?

I would use horizontal line