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- lbtrader replied Dec 6, 2009
Hello Ammar, I think the sell signal started 33 candles ago when the price was above the clouds, then you had a bearish kumo breakout(another sell signal) 7 candles ago, if that trend will continue down you will have to see a pullup of the price to ...
Ichimoku forever
- lbtrader replied Dec 5, 2009
thank you Gilbert for your contribution, but you still have not answered the question how to get an M2 chart in metatrader4, offline or otherwise, which I think what samer960 was trying to answer, or did you cover that in your post?
Ichimoku forever
- lbtrader replied Dec 5, 2009
flat kumo — "The entry for the kumo breakout trading strategy is simple - when price closes above/below the kumo, the trader places a trade in the direction of the breakout. Nevertheless, care does need to be taken to ensure the breakout is ...
Ichimoku forever
- lbtrader replied Dec 4, 2009
kumo breakout — yes, it's applicable to anything that trends. I actually saw that there was a change in trend yesterday and took 1 lot out, I was hoping the trend would resume today but apparently not so my SL was hit on the news announcement. ...
Ichimoku forever
- lbtrader replied Dec 4, 2009
Update — Hi Guys, after the 200 pips dip in EU I am out of some positions. here's the latest update on the trades taken two days go: AU exited second lot @ 0.9211 for+79 SL hit EJ 1 lot closed @ 134.00 (+444) second still running +419 GJ 1 lot ...
Ichimoku forever
- lbtrader replied Dec 4, 2009
the only thing wrong is the timing, at times of high volatility you should either wait or give your trade a wide SL to breath, which also means a smaller size.
Ichimoku forever
- lbtrader replied Dec 4, 2009
Chngster, I don't think you will get more than one kumo breakout per session, so if one did not enter at the right price then one should look for another pair. it's all about entry, and one should ride the breakout till SL is activated or profit is ...
Ichimoku forever
- lbtrader replied Dec 4, 2009
hey Vic, speaking of the devil, yeah
, the kumo breakouts are much more reliable than TS/KS cross on lower TF because most of the time the cross is weak or neutral, and therefor the next event that occurs after a TS/KS cross is the kumo breakout ...Ichimoku forever
- lbtrader replied Dec 4, 2009
Nicole Elliott's book deals with a more complicated aspect of ichimoku, namely price target calculations and duration of a trend calculation. the japanese seem to have mastered the art of forcasting the start, the amplitude and the duration of a ...
Ichimoku forever
- lbtrader replied Dec 4, 2009
thanks ichi, yes they were all 1H breakouts, but I use a slightly different indicator of trend, I use the main move of the day/week/month/year, but most of the time this agrees quite well with the daily kumo direction.
Ichimoku forever
- lbtrader replied Dec 4, 2009
I think that's a great idea Chngster, this an example from yesterday and today on EURGBP. exit could be when the kumo changes direction (twist) or before that, when price stalls at some S/R level.
Ichimoku forever
- lbtrader replied Dec 4, 2009
Update — Hi guys here's the latest update on the trades taken two days go: AU exited one lot @ 0.9257 for+125 second lot still running +120 EJ 2 lots still running +345 GJ 2 lots still running +391 Gold exit 1 lot @ 1211 + 448 second lot still ...
Ichimoku forever
- lbtrader replied Dec 2, 2009
I'd say the picture is looking bearish at the moment, I exited one lot on the 1H TS/KS cross and waiting to see if price will bounce off the kumo. the 30M does not look good either, I would wait if you want to enter long for a better signal.
Ichimoku forever
- lbtrader replied Dec 2, 2009
I don't know which trend you are referring to. some of the trades were taken on 30/11, and some yesterday and in all of them the main movement of the day was up, and the future kumo was bullish. I agree with you about the pending order, that last ...
Ichimoku forever
- lbtrader replied Dec 2, 2009
AUDNZD, another winner — Hey Forest, did you do something about it? took it on retest of the flat kumo 1.27404
.Ichimoku forever
- lbtrader replied Dec 2, 2009
The power of kumo breakouts — Hi Guys, five trades taken as per Vic's latest recommendations. +1182 pips in 24 hours and still going
. this is only with one entry, but as you can see, there were opportunities for more than one entry as long ...Ichimoku forever
- lbtrader replied Nov 30, 2009
Thanks Dejan, but I have only been trading ichimoku since June 2008. my first attempts were disastrous to say the least, despite the availability of the ichimokuwiki, I think it took Vic's overall view of the different TF from higher to lower to ...
Ichimoku forever
- lbtrader replied Nov 30, 2009
long term trend — Hey Vic, nice chart view from far
. Can you immagine sitting on three or four of these from the start of the trend and just watching your account grow and grow?
Ichimoku forever