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Trading with range bars ichimoku cloud & awesome oscillator

  • #2,001
  • May 30, 2017 10:19am May 30, 2017 10:19am
On ichimoku, there'a an amazing thing: the cycle of numbers. We can predict the best moment to enter on support: here, it was 27-29 candles after the last high.

This range has oscillations of 26-29 candles. In ichimoku, 26 and 33 are very important numbers, and the market often react on ichi-numbers

Fantastic ichimoku....

Dax, m1

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Dax only.
  • #2,002
  • Edited 11:41am May 30, 2017 10:21am | Edited 11:41am
I bet Rocky's forex trade of the day is N/CAD
  • #2,003
  • May 30, 2017 10:24am May 30, 2017 10:24am
Quoting Tyross
On ichimoku, there'a an amazing thing: the cycle of numbers. We can predict the best moment to enter on support: here, it was 27-29 candles after the last high. This range has oscillations of 26-29 candles. In ichimoku, 26 and 33 are very important numbers, and the market often react on ichi-numbers Fantastic ichimoku.... Dax, m1 {image}
Thanks for the a new Ichimoku approach :-)

However in your chart, did you just trade the divergence opening on DAX? Regular Charts or range bar?

Thanks
  • #2,004
  • May 30, 2017 10:42am May 30, 2017 10:42am
Quoting stevedua
{quote} Thanks for the a new Ichimoku approach :-) However in your chart, did you just trade the divergence opening on DAX? Regular Charts or range bar? Thanks
Hi

It's a regular chart, on my favorite time frame: one minute.

Divergence on stochastique is not my trading system. For the last entry on the chart, i saw chinkou far from price, price far from SSB, there was a clear support, tenkan was far from kijun, and closure above tenkan. It's always the sames criteria......and stochastique was beyond 20 level...

When you are accustomed with this type of trading, you finds easily this configuration.

The take profit is the previous level.
Dax only.
  • #2,005
  • May 30, 2017 11:07am May 30, 2017 11:07am
Today was a first for me as far as I can recal traded all 3 soy beans futures and dwe213 Nzd/Cad didn't turn out very good for me, as I again got a late start.
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  • #2,006
  • Edited 1:58pm May 30, 2017 11:08am | Edited 1:58pm
Quoting Tyross
On ichimoku, there'a an amazing thing: the cycle of numbers. We can predict the best moment to enter on support: here, it was 27-29 candles after the last high. In ichimoku, 26 and 33 are very important numbers, and the market often react on ichi-numbers Fantastic ichimoku....
Nice trades Tyross.

Can you please precize your long entry at 16h35. Have you made a MTF analysis (M1 and M5) or only on M5 ?
I see that on M1 the price is over the kumo, and chikou span is also over the kumo. And on M5 it's seem that the price break the tenkan. Do you confirm the criterias ? Do you take into account other criteria ?

And the re-entry at 16h42 was made on price action ?
  • #2,007
  • May 30, 2017 2:27pm May 30, 2017 2:27pm
Tyross,

Is that a example of the pattern you are talking about ?
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  • #2,008
  • May 30, 2017 2:34pm May 30, 2017 2:34pm
Quoting PatBlue
Tyross, Is that a example of the pattern you are talking about ? {image}
Yes!!

It's perfect!
Dax only.
  • #2,009
  • May 30, 2017 2:47pm May 30, 2017 2:47pm
Quoting PatBlue
{quote} Nice trades Tyross. Can you please precize your long entry at 16h35. Have you made a MTF analysis (M1 and M5) or only on M5 ? I see that on M1 the price is over the kumo, and chikou span is also over the kumo. And on M5 it's seem that the price break the tenkan. Do you confirm the criterias ? Do you take into account other criteria ? And the re-entry at 16h42 was made on price action ?
Simple.

Look at m5: it's a range. Chinkou and price are on a very strong support.

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So, on m1, my bias is only bullish.
The first entry, it's a break of channel, in a ABCD, with break of the previous high. The entry was 1 or 2 seconds before the closure of the big green candle with a very little wick (it's important).

The second is a pullback near tenkan, on a local support, with a "V candle pattern".

The take profit: AB = CD, which is Under a resistance.

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The rules of the pattern, very usefull to enter after pullback, divergence, signal of stochastic...

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Price action is the main indicator, as said Rocky. Ichimoku gives us some clues.
Dax only.
  • #2,010
  • May 30, 2017 3:02pm May 30, 2017 3:02pm
Rockypoint, nice chart, what timeframe, or range ticks per bar chart are you using for these charts , if this was placed on Ninjatrader chart.

I think you are using TOS... But I am working with Ninja and hoping to follow along with that


Quoting rockypoint
Today was a first for me as far as I can recal traded all 3 soy beans futures and dwe213 Nzd/Cad didn't turn out very good for me, as I again got a late start. {image} {image} {image} {image}
Keeping It Gangsta
  • #2,011
  • May 30, 2017 3:03pm May 30, 2017 3:03pm
Quoting Tyross
{quote} Simple. Look at m5: it's a range. [...]
Thank you very much for your clarification.
  • #2,012
  • May 30, 2017 3:09pm May 30, 2017 3:09pm
last examples, dax , m1. This evening.

no comment....always the same configuration.


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EUR AUD-daily

V pattern, support, all criteria of the configuration, div on stochastic, stop clear.....etc....

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Dax only.
  • #2,013
  • May 30, 2017 3:33pm May 30, 2017 3:33pm
Khaostrader, I am using TOS and the futures charts for the soy bean trades are 2 ticks, the fx chart was 50 ticks
  • #2,014
  • Edited 11:21pm May 30, 2017 10:59pm | Edited 11:21pm
Quoting Tyross
{quote} Hi It's a regular chart, on my favorite time frame: one minute. Divergence on stochastique is not my trading system. For the last entry on the chart, i saw chinkou far from price, price far from SSB, there was a clear support, tenkan was far from kijun, and closure above tenkan. It's always the sames criteria......and stochastique was beyond 20 level... When you are accustomed with this type of trading, you finds easily this configuration. The take profit is the previous level.
From this above, what are your parameters for Ichimoku and can you go over the "V pattern setup again" and you made mention of ichimoku numbers that are important I think you indicated 26 & 33, why are these so important? Chikou-san occurs 26 days behind price action , how can this help with price action? The parameters below are Rocky's.

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  • #2,015
  • May 31, 2017 12:24am May 31, 2017 12:24am
Rocky.

After entering a trade, and the candles goes in the opposite way to what your desired. What is your rule when to get out.
Mine is to wait for the candle to cross the tenkan-sen, What is yours.
  • #2,016
  • May 31, 2017 2:02am May 31, 2017 2:02am
Quoting morrishe
{quote} From this above, what are your parameters for Ichimoku and can you go over the "V pattern setup again" and you made mention of ichimoku numbers that are important I think you indicated 26 & 33, why are these so important? Chikou-san occurs 26 days behind price action , how can this help with price action? The parameters below are Rocky's. {image}
Hi

My parameter are 9-26-52-26. It's classical ichimoku. Because i use this trading système. Rocky doesn't use Ichimoku, only a Kumo as a level. His trading is the price action, and it works very well for him!

Goishi Osada, the inventor of Ichimoku, studied a series of number that are recurrent in the cyclical price in general, and in ichimoku in particular.

When you are in range market, the oscillations of price are separated quite often by the same numbers of candles. Some of these numbers are strongest in ichimoku. It's not necessary to understand this theory for trading, but it's interesting.

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Dax only.
  • #2,017
  • Edited 3:51am May 31, 2017 3:30am | Edited 3:51am
On this case:

We identified support and resistance.

On m1, it's quite bullish on ichimoku, and pullback on support.

Chinkou is far from price, kijun flat,, SSB flat.

I want to take an entry between the numbers of ichimoku, it's more reliable in this trading system. Here, it was between 26 and 33.

My TP max is the resistance, which is a number of ichimoku: 9.

When a support or resistance occures, with a set up ichimoku (my configuration explained in previous post), i prefer an entry on a number of ichimoku. As teached by the great master Khalid El Bouzidi.

For beginners: it's complicated, so you just undertand one thing: no price action? No trade. Ichimoku, macd, rsi.... works very well but only on levels. They gives us very good clues to enter or to find an opportunity. But it's on a level, against the trend, or with the trend, or in range market.

eur aud, m1

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An Example on H4, USD-JPY (no trade).

Configuration, level, number of ichimoku.

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Dax only.
  • #2,018
  • May 31, 2017 4:56am May 31, 2017 4:56am
tyross.

Looking at eur aud, I get 29, 22, 28 candles, on M1 chart. Using this chart what should I be looking at?

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  • #2,019
  • May 31, 2017 5:00am May 31, 2017 5:00am
For ichimoku: my thread is here: https://www.forexfactory.com/showthread.php?t=669343

Thank you very much Rocky!! You're a great master, amigo. Bye mate
Dax only.
  • #2,020
  • May 31, 2017 9:37am May 31, 2017 9:37am
Killer day 8 trades, 5 fx and 3 index trades. Fx trades made for a very good day but the reversals I caught on the indexes made it a great one.
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