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Trading with range bars ichimoku cloud & awesome oscillator

  • #1,981
  • May 23, 2017 10:44pm May 23, 2017 10:44pm
Hi rocky..

I still dont get it how you can pick pair from winneredge. Lets say you open at ny open what first think that you do. Open 4 hour on winneredge? Or day?or hour? Lets say 4 hour. I record yesterday was nzd the strongest. But how you can manage long trade? If nzd was strong wasnt chart related to nzd going short? Like at euronzd chart. In my mind i only want to going short. But how you can manage long trade? Okay seems that had divergence. But why you didnt took as ao flip over from zero..
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  • #1,982
  • May 23, 2017 11:52pm May 23, 2017 11:52pm
Rocky.

You made mention that you wait for a AO crossover and then look for trades.
Below is a "AO" zero would you count this or wait to go from an actual crossover.
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  • #1,983
  • Edited 4:39am May 24, 2017 4:24am | Edited 4:39am
Always the same configuration, very reliable on Dax.

Rules: Price in range. A strong level is identified. Chinkou is far from price. Current price is far from Kumo, Senkou Span B flat.

If tenkan is far from kijun, it's VERY reliable....

When tenkan is broken in closure, buy trade. Or with oscillator if you prefer.

On this case, there were all the rules... 2 positions: +9,60 points.

Another trick: when chinkou breaks Kumo, we have very often pullback. It's additional probability on our side for success on reverse trade. Like on the chart.

Fantastic ichimoku.....

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Dax only.
  • #1,984
  • May 24, 2017 9:26am May 24, 2017 9:26am
Hello,

I've trying to set the same settings on MT4 with Range bars of 50 ticks and no gap with Ichimoku. While the charts candle look exactly the same, the cloud made by the indicator are not even close to be like yours. How is this possible if I enter the same settings : Tenkan: 9 Kijun 16 Senkou 52

Thanks for your help
  • #1,985
  • May 24, 2017 10:09am May 24, 2017 10:09am
6 trades today all CAD on news which made for some chasing which is why you'll see some late entries
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  • #1,986
  • May 24, 2017 10:53am May 24, 2017 10:53am
Quoting Tyross
Always the same configuration, very reliable on Dax. Rules: Price in range. A strong level is identified. Chinkou is far from price. Current price is far from Kumo, Senkou Span B flat. If tenkan is far from kijun, it's VERY reliable.... When tenkan is broken in closure, buy trade. Or with oscillator if you prefer. On this case, there were all the rules... 2 positions: +9,60 points. Another trick: when chinkou breaks Kumo, we have very often pullback. It's additional probability on our side for success on reverse trade. Like on the chart. Fantastic...
Thank you very much for the details on the Ichimoku rules ;-)
  • #1,987
  • May 24, 2017 11:42am May 24, 2017 11:42am
Hi guys.

I was given this site yesterday http://www.myfxbook.com/forex-market/currencies/240
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and http://www.myfxbook.com/forex-market/heat-map
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  • #1,988
  • May 24, 2017 1:52pm May 24, 2017 1:52pm
Quoting rockypoint
6 trades today all CAD on news which made for some chasing which is why you'll see some late entries
Hi Rocky, just wanted to congratulate you on the 100th page of this excellent thread. Thanks for keeping it alive, I check in here regularly still!
  • #1,989
  • May 24, 2017 2:19pm May 24, 2017 2:19pm
thanx Eddman
  • #1,990
  • May 25, 2017 4:13am May 25, 2017 4:13am
Quoting eddman
{quote} Hi Rocky, just wanted to congratulate you on the 100th page of this excellent thread. Thanks for keeping it alive, I check in here regularly still!
Agreed eddman - This is an excellent thread -one of a small number of rare diamonds in a sea of dross.
every Saint has a past. Every Sinner has a Future
  • #1,991
  • May 25, 2017 6:39am May 25, 2017 6:39am
Quoting turnip15
{quote} Agreed eddman - This is an excellent thread -one of a small number of rare diamonds in a sea of dross.
Yes...
  • #1,992
  • Edited 9:37am May 25, 2017 6:59am | Edited 9:37am
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Rocky.

Today power meter is all over the place. When you look at it later on, Can you record here, which you will be looking at and is it strong or weak according to power meter.
Thanks This way the plebs like myself can understand your thoughts. Is it possible to do this for several days.

from the power meter at 3 pm SA time 9 am NYT, see power meter - Day, 4 Hour and 1 Hour.
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I had a series of losses, please can you tell me what I have done wrong. I am sure it is the way I interpreted the power meter. On all I waited for the AO to pass Zero
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  • #1,993
  • May 25, 2017 9:52am May 25, 2017 9:52am
Morrishe, You stated the power meter is all over the place today, there were no clear strong or weak currencies showing, so you don't use the the power meter. You just run through your charts and look for possible set ups. These are often the days you should just not trade, especially if you are relatively new to a system or trading or both. It is very important to you bottom line that you learn when not to trade.

That said I found 2 set ups on GBP for small wins and got a nice reversal set up on NASDAQ
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  • #1,994
  • May 25, 2017 10:27am May 25, 2017 10:27am
Morrishe,

GBP/JPY there was useful info from power meter for this both currencies were on positive side of strength meter so why trade period.

USD?CAD I understand entry, but chart itself one I tossed when I opened it.
  • #1,995
  • May 25, 2017 12:02pm May 25, 2017 12:02pm
Thanks Rocky - From your experience, your advise for the plebs. Please describe when not to trade. I understand that this is very subjective, although ext important.
  • #1,996
  • May 26, 2017 9:32am May 26, 2017 9:32am
2 trades basically boring day for me nothing happening.
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  • #1,997
  • May 29, 2017 12:01pm May 29, 2017 12:01pm
Quoting Tyross
Always the same configuration, very reliable [...]. Another trick: when chinkou breaks Kumo, we have very often pullback. It's additional probability on our side for success on reverse trade. Like on the chart. Fantastic ichimoku..... {image}
@Tyross
Thank you for sharing. You are a Ichimoku master
For learning only, can you please make a brief analyse and precize, if you are a day trader, what long entry (and exit) you could have taken on EU the May 16, 17, 19 and 22 (wich TF, wich criterias on tenkan, kijun, lagging span, kumo and futur kumo). It will very helpfull for me to have a access to your knowledge, and I hope for the community too.
In advance, thank your for your return.

@Rocky
Thank you for sharing. I am studying all your post.
I don't want to pollute the tread with "pure Ichimoku consideration". If so, tell me, and I will stop immediately.
  • #1,998
  • Edited 12:25pm May 29, 2017 12:04pm | Edited 12:25pm
Didn't plan on trading today but after 3 days of partying and, 12 hours of solid sleep last night, i was bored this morning so decided to use another system for scalping.
It has very tight stops so no way to get really hurt especially on a slow day like today.
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  • #1,999
  • May 29, 2017 3:34pm May 29, 2017 3:34pm
Quoting PatBlue
{quote} @Tyross Thank you for sharing. You are a Ichimoku master For learning only, can you please make a brief analyse and precize, if you are a day trader, what long entry (and exit) you could have taken on EU the May 16, 17, 19 and 22 (wich TF, wich criterias on tenkan, kijun, lagging span, kumo and futur kumo). It will very helpfull for me to have a access to your knowledge, and I hope for the community too. In advance, thank your for your return. @Rocky Thank you for sharing. I am studying all your post. I don't want to pollute the...
Hi Pat

I will answer to your questions, but on thread i will soon create, for ichimoku only. It's not the subject of Rocky's thread .
Dax only.
  • #2,000
  • May 29, 2017 7:46pm May 29, 2017 7:46pm
Guys go ahead and post what ever you want on the ichimoku cloud its part of the thread. Tyross trades differently then I do and is more of a traditional user of that indicator. Anything that helps other on the thread is cool with me. Tyross definitely knows more about the ichimoku than i do, for me i just use it as S?R zones that keep me from over trading.
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