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Ichimoku and price action

  • #121
  • Jun 8, 2017 3:41pm Jun 8, 2017 3:41pm
Quoting Tyross
On the chart: *price m5 and chinkou: m5. *Kumo, SSB and kijun: m15 Methodology: if kijun m15 is above SSB m15, wwill only buy USD-JPY thanks to "the sequence pattern" m5, stochastic, and candle pattern USD-JPY M5: {image} The farther the price m5 is from tenkan m15, the stronger the return signal to tenkan m15 and kijun m5. In ichimoku, a prize can never stay away from tenkan. This is called an overbought (if the price is too high) or an oversold (if the price is too much below). Stochastic also goes into oversold or overbought. The price is then...
Hi Tyross

Many many thanks. Its seems very powerfull.
I will learn.
  • #122
  • Jun 8, 2017 3:42pm Jun 8, 2017 3:42pm
...Chinkou is the key to ichimoku. Unfortunately chinkou is neglected and misunderstood ...
Dax only.
  • #123
  • Jun 8, 2017 3:53pm Jun 8, 2017 3:53pm
THe same methodology: H1-H4

cad-jpy:

Only on "sequence pattern", stochastic, in the direction of kijun-SSB-The price always return to tenkan... Fantastic ichimoku...

Attached Image (click to enlarge)
Click to Enlarge Name: CAD JPY H1 H4.PNG Size: 136 KB
Dax only.
  • #124
  • Jun 9, 2017 3:18am Jun 9, 2017 3:18am
Hi

As i explained yesterday.

Very reliable configuation....

Dax price and chinkou m1----Kijun, tenkan Kumo m5

Attached Image (click to enlarge)
Click to Enlarge Name: dax 9 juin.PNG Size: 100 KB


Attached Image (click to enlarge)
Click to Enlarge Name: dax 9 juin carnet.PNG Size: 16 KB
Dax only.
  • #125
  • Jun 9, 2017 3:31am Jun 9, 2017 3:31am
Ichimoku is a trading system based on momentum: 9 periods (tenkan), 26 periods (kijun), 52 periods (Senkou Span B).

The price can never go away permanently from tenkan, especially from a tenkan of a higher time frame. There is always a phenomenon of recall.

Visually it is very simple to spot: a big difference between price and tenkan.

On Trading Station of FXCM, you can display on the same chart indicators of different time frame. This is not the case for the vast majority of other platforms, unfortunately. But we can very easily open a demo account at FXCM, and use it to trade this kind of price-tenkan gap.

Important: I'm not commercial for FXCM ... I just give a method to enjoy their platform for free ...
Dax only.
  • #126
  • Jun 9, 2017 3:40am Jun 9, 2017 3:40am
Breakeven:

(in the next post, explanation and method of this trade: that's why i have create this thread: explain ichimoku)

Attached Image (click to enlarge)
Click to Enlarge Name: break even.PNG Size: 116 KB


Edit:

Attached Image (click to enlarge)
Click to Enlarge Name: breakeven suite.PNG Size: 115 KB
Dax only.
  • #127
  • Edited 4:06am Jun 9, 2017 3:53am | Edited 4:06am
Explanation of the previous trade:

Attached Image (click to enlarge)
Click to Enlarge Name: cad jpy explication du 9 juin.PNG Size: 128 KB


Attached Image (click to enlarge)
Click to Enlarge Name: pullback cad.PNG Size: 113 KB


This is a "different" trading, which may seem complicated. But very simple because purely visual.

Once ichimoku is understood, it can be used in several ways, like this one (one of my favorite because very reliable and logical).

Maybe it will interest some people ... we'll see....
Dax only.
  • #128
  • Jun 9, 2017 4:16am Jun 9, 2017 4:16am
USD jpy/ PRICE M15****KIJUN-TENKAN-SSB H1

Attached Image (click to enlarge)
Click to Enlarge Name: usd jpy m15 h1.PNG Size: 117 KB


For a buy trade:

*Price m15 is on tenkan/ kijun: support.

*Price is Under tenkan, far from it.

No trade:

*Price far above tenkan and kijun.
Dax only.
  • #129
  • Jun 9, 2017 4:59am Jun 9, 2017 4:59am
Hy Tyross,

I tried with so many indicators, after that I'm using Ichimoku and RSI. Really Ichimoku is a best tool!

I worried that presently there is no Forums for Ichimoku. After seeing yours I'm happy. I'll read your posts and come back to you!

Your posts and explanations are good!

Thank you Tyross....
  • #130
  • Edited 5:39am Jun 9, 2017 5:29am | Edited 5:39am
Quoting Tyross
Ichimoku is a trading system based on momentum: 9 periods (tenkan), 26 periods (kijun), 52 periods (Senkou Span B). The price can never go away permanently from tenkan, especially from a tenkan of a higher time frame. There is always a phenomenon of recall. Visually it is very simple to spot: a big difference between price and tenkan. On Trading Station of FXCM, you can display on the same chart indicators of different time frame. This is not the case for the vast majority of other platforms, unfortunately. But we can very easily open a demo account...
Try this one, you can toggle between 3 different settings.

Tyross, comparing your charts I see different settings all the time...?

Attached File(s)
File Type: ex4 IchimokuToggle_v1.ex4   21 KB | 409 downloads


https://www.forexfactory.com/showthr...=476414&page=2
  • #131
  • Jun 9, 2017 6:53am Jun 9, 2017 6:53am
Quoting Rsr
Hy Tyross, I tried with so many indicators, after that I'm using Ichimoku and RSI. Really Ichimoku is a best tool! I worried that presently there is no Forums for Ichimoku. After seeing yours I'm happy. I'll read your posts and come back to you! Your posts and explanations are good! Thank you Tyross....
Thanks Rsr

Yes, it's true. Very few forum in ichimoku, and very often with the same methods. In this thread, I try to make it clear that ichimoku can be included in the decision of any set up.

It is a system that is not easy to master at the beginning. Myself, initially, I could not. I did not understand what chinkou was for, and I even thought it ridiculous ... What an idiot ....

Dax only.
  • #132
  • Jun 9, 2017 7:02am Jun 9, 2017 7:02am
Quoting Go5
{quote} Try this one, you can toggle between 3 different settings. Tyross, comparing your charts I see different settings all the time...? {file} https://www.forexfactory.com/showthr...=476414&page=2
Hi Go5

Thanks for the link! I think i will be very usefull for members of this thread, i will put it in post 1!

Yes, on my charts, we can see different settings.
This is for the presentation of the thread. I have my own method with ichimoku. But the idea is to make rediscover ichimoku more widely, and not only solely with my vision of the market.

Copying the exact method from someone is almost impossible. On the other hand, it can be inspired to develop his own. Like I did with ichimoku.

Dax only.
  • #133
  • Jun 9, 2017 11:44am Jun 9, 2017 11:44am
Quoting Tyross
Explanation of the previous trade: {image} {image} This is a "different" trading, which may seem complicated. But very simple because purely visual. Once ichimoku is understood, it can be used in several ways, like this one (one of my favorite because very reliable and logical). Maybe it will interest some people ... we'll see....
Nice and clean Tyross
Very clear explanation.

... and entry with hidden div in complement
  • #134
  • Jun 9, 2017 11:47am Jun 9, 2017 11:47am
Quoting PatBlue
{quote} Nice and clean Tyross Very clear explanation. ... and entry with hidden div in complement
Trend in higher time frame, pullback on smaller time frame....

Dax only.
  • #135
  • Jun 9, 2017 2:11pm Jun 9, 2017 2:11pm
Thanks Tyross I will study in detail your last comment.

Something I want to share : when the momentum is strong, to determine the end of retracement :

  1. TF current : Tenkan cross Kijun - entry in this TF
  2. TF higher : Tenkan not cross Kijun

See below :

Attached Image(s) (click to enlarge)
Click to Enlarge Name: Image1.png Size: 31 KB
Click to Enlarge Name: Image2.png Size: 31 KB
  • #136
  • Jun 9, 2017 2:16pm Jun 9, 2017 2:16pm
Same constat than previous :
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: Image2.png Size: 29 KB
  • #137
  • Jun 9, 2017 2:59pm Jun 9, 2017 2:59pm
You are an" Ichi 'boy", Pat!

Khalid El Bouzidi explained the "Katana" his book (in the first, or second....? )

When tenkan and kijun form a single line: it is a strong market acceleration in the trend. Khalid calls it Katana. Strong signal.

Attached Image (click to enlarge)
Click to Enlarge Name: graf pat katana.PNG Size: 44 KB
Dax only.
  • #138
  • Jun 10, 2017 5:21am Jun 10, 2017 5:21am
"Scalping with ichimoku is impossible", "Ichimoku is for Daily or weekly"...

The usual speech...

Ichimoku is one of the most powerful systems in scalping.

There are two principles in scalping: the excesses of the price and the momentum.

We do not trade against the momentum, we trade the return towards the momentum. Which means that the price must have made an excess against the momentum.

In ichimoku, the momentum is on the side of Kijun and SSB: Kijun above SSB, it is the bearish excesses of the price that are going to be interesting.

Kijun is an average. SSB also. It is the return to equilibrium that is traded.

A simple example: on the chart, whenever the price moves away from kijun against the momentum, there is correction.

A price that makes an excess against the KIJUN-SSB momentum of the upper time frame, there is correction (these are the trades posted yesterday).

It is possible for everyone to find a personal way with this phenomenon (pattern, oscillators, break out of trend ....), notably thanks to the price action: an excess of price that test a previous level against the momentum kijun -SSB, is unlikely to succeed in breaking this level ...

This phenomenon is valid on all time frames.

Dax-m1 (with Ctrader Platform, TS2 from FXCM is closed today):

Attached Image (click to enlarge)
Click to Enlarge Name: kijun ssb power.PNG Size: 81 KB
Dax only.
  • #139
  • Jun 10, 2017 9:00am Jun 10, 2017 9:00am
Quoting Tyross
You are an" Ichi 'boy", Pat! Khalid El Bouzidi explained the "Katana" his book (in the first, or second....? ) When tenkan and kijun form a single line: it is a strong market acceleration in the trend. Khalid calls it Katana. Strong signal. {image}
Many thanks Tyross

Let's go to trade with 'katana'
We find this pattern in many places....
  • #140
  • Jun 10, 2017 9:19am Jun 10, 2017 9:19am
Hi Pat

Yes.....katana....incredible Khalid

Dax only.
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