Hi, I see that you are fond of exotic pairs, but your analysis is sound and your recommendation not to move the SL is also sound. actually, moving or trailig your SL is an exit strategy, so whenever you want to exit and let the market do it for you, ...

Ichimoku forever

1H and 4H discrepancy — the 4H is in clear downtrend, and on the 1H we do not have a complete reversal as indicated by the patterns described by myself and ichi360, so why would you go long? but still if you do then you need a better entry ...

Ichimoku forever

Hello wing, I am currently at work, so I don't have access to metatrader live feed, but I managed to download some charts before I left home, and here's my analysis. congrats btw on your 22 pips.

Ichimoku forever

Kino — Kino, thank you for your efforts, and if it's useful to the group I'm sure people will realize it's worth sooner or later, so keep up the good work. It's just sometimes newcomers are looking for a magic indicator to trade for them ...

Ichimoku forever

kumo S/R levels — Another thing to mention here, just because a flat kumo was in the distant past does not mean that it becomes insignificant. Have a look at the two charts below and see how the flat levels from bullish kumo in 2006 and see ...

Ichimoku forever

patterns — Hello ichimoku traders, since we are talking about patterns, I thought of showing some of the patterns I have noticed and which I have been collecting for a while in order to publish in a collective work along with Vic's handbook, ...

Ichimoku forever

Thanks — Thank you Adipati for your words, I can see that you have a firm grasp of the big picture and how to use it to plan your entries, your charts are clear witness to that. I am glad that you found the Chikou Span Trend Line Break (CSTLB) ...

Ichimoku forever

SL & TP — Hi Wing, SL is stop loss and TP is take profit. sorry for using these abbreviations, you will also see KS for kijun sen, TS for Tenkan sen, and CS for chikou span and maybe SSA and SSB for senkou span A and B. Feel free to ask ...

Ichimoku forever

Trading the news — Since you are talking about last Friday here's a trading tactic I read a while back that works like a charm on all US major news events, namely: NFP (8:30 ET 1st friday of the month), retail sales ex-auto (8:30 ET around the ...

Ichimoku forever

ichimoku timespan — Hello ichimoku traders and happy new year. I have been on leave for the past 10 days and was actually not trading, just having quick peeps over the market and the thread. I would like to wellcome all the new comers and ...

Ichimoku forever

good in retrospect? — was this a live trade you took Checkz? if so how did you define the start of your fib level and the end of it? in other words, how do you set the profit levels? what is you reference candle? sure the way it is shown it's ...

Ichimoku forever

higher TF for trend — it is advisable to use a higher TF as the 1H has only 4 15M candles. do you have any specific strategy to use for scalping? if your strategy allows you to enter and exit with reasonable certainty and limited drawdown then ...

Ichimoku forever

TS/KS cross — I can't immagine why you want to enter a trade in less than strong trending situations, remember? ichimoku is a trend following system. Webforex, I am talking about 1H TF too. take a look at the picture below and see for ...

Ichimoku forever

kumo and trend — Price's Relationship to the Kumo "In its most basic interpretation, when price is trading above the kumo, that is a bullish signal since it indicates current price is higher than the historical average. Likewise, if price is ...

Ichimoku forever

trend setting — I would say that for trend confirmation try the daily because a day has 24 1H candles and 4H has only 4. the TS/KS cross would be invalidated by another TS/KS cross in the opposite direction, and that is a safe exit strategy, ...

Ichimoku forever

Chikou span — the Chikou span broke support means that it is no longer supporting the bullish sentiment because it has crossed the price from up down. having said that, I would not qualify (2) as a reason to exit, because the kumo was still ...

Ichimoku forever

other instruments — I have not traded stocks with ichimoku, but I have traded the e-minis and it works.

Ichimoku forever

KS breakout — thanks Dmitry and wishing you the same. I'm sorry but I should have corrected that, it's KS cross rather than breakout, and it's the second strategy discussed in the ichimokuwiki document on the first page of this thread. it's ...

Ichimoku forever

best pair — Hey man, there no such thing as best pair for 1H and best pair for 4H or daily. with ichimoku all pairs or instruments (gold, oil, sugar...) are good provided you get into the trend at the right moment and by that I don't mean the ...

Ichimoku forever

retracement vs reversal — the principle is to take guidance from the higher TF to decide when to stay and when to exit. we do the reverse when making an entry, by looking for the trend at the daily or 4H then drop to a lower TF say 1H or 15M ...

Ichimoku forever