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- lbtrader replied Nov 22, 2009
I don't know how you can make 372 pips if you already closed 2 out of the three lots for 15 pips each? the third one is allowed to procede to TP at 124 so total profit for you is 30+124=154. if I allowed all 3 lots to procede to TP the MY profit is ...
Ichimoku forever
- lbtrader replied Nov 22, 2009
If your risk is 30$ then 50% is 15. if you close 2 lots for profit @ 50% then you have 15 * 2= 30. if the third lot is stopped out then it's 30 * -1 = -30 . -30 + 30 = 0 so you are break even. if you are stopped out for all three lots then you lose ...
Ichimoku forever
- lbtrader replied Nov 22, 2009
you can avoid fake signals by: 1. making sure your trade is in the direction of the trend 2. not taking a trade till after it clears key support or resistance 3. not taking the trade during slow moving times like in the middle of a session or say ...
Ichimoku forever
- lbtrader replied Nov 22, 2009
the same thing that happens when you get stopped outright in a losing trade, they are bound to happen you know
. The total of the three positions is equal to how much you are willing to lose on that trade, so when you open a trade you already ...Ichimoku forever
- lbtrader replied Nov 21, 2009
I'm sorry, but how did you come up with an up week if the weekly bar is red? you have to look at it in the context of the TF you are in, and that's why I started by saying it has nothing to do with ichimoku and I referred you to igrok's thread who ...
Ichimoku forever
- lbtrader replied Nov 21, 2009
Main move — No Iskander, this has nothing to do with ichimoku. this was taken from igrok's method based on his book "Beating the odds.." and indicates the main move of the day, week, month, and year.
Ichimoku forever
- lbtrader replied Nov 20, 2009
AC, EJ — I'm affraid I went in the opposite direction, but can't complain can I
. This huge pin bar on daily will probably bounce up on sunday-monday. AC +50 EJ +32Ichimoku forever
- lbtrader replied Nov 20, 2009
the same signal that RSI gives you on 15M can be given by ichimoku on lower TF, many times we get a signal on 4H and the entry would be on 1H or even 5M, like the example for puduman above. yes that's right in your illustration the blue arrow your ...
Ichimoku forever
- lbtrader replied Nov 20, 2009
that's true, but what about the 4H, the candle bounced off the flat kumo below the cloud?, and what about the 30M where you have one weak bearish cross and another kumo bearish breakout? I think when you see a signal in formation on a particular TF ...
Ichimoku forever
- lbtrader replied Nov 20, 2009
the first good entry was at 1, you entered at 2, if you trailed the 15M KS you would have exited at 3 with +34.
Ichimoku forever
- lbtrader replied Nov 20, 2009
Hello Egytrader and wellcome to this thread. as you mentioned early in your statement ichimoku is almost perfect, but no matter how many indicators you add to it it will never be perfect, as it stands, it does not need any other indicator. the BB ...
Ichimoku forever
- lbtrader replied Nov 19, 2009
you are right, I did not see the long wick of that candle. trailing with KS is best when your entry was a bounce off KS, makes technical sense, so I would have left it, and don't forget that the signal started 30 candles ago (also Day range was 113% ...
Ichimoku forever
- lbtrader replied Nov 19, 2009
if it retraces it might reach the lower edge of the kumo, 150 pips
. care to try it on demo?Ichimoku forever
- lbtrader replied Nov 19, 2009
not yet, it might retrace further. on the daily the price is inside the kumo now and there is a neutral bearish TS/KS cross.
Ichimoku forever
- lbtrader replied Nov 19, 2009
price bounced off the Tenkan Sen and not Kijun Sen. SL of 21 pips on EJ will be taken out in a flash, where was your SL initially? I would have trailed it with the 15M Kijun sen if not higher.
Ichimoku forever
- lbtrader replied Nov 19, 2009
UCAD — kumo bullish breakout thru flat kumo, probable retrace on 4H to 1.063 (4H kumo) 1.0624(1H TS).
Ichimoku forever
- lbtrader replied Nov 19, 2009
AU, GC — anybody caught the first one? AU kumo bearish breakout GC (countertrend) bounce off KS.
Ichimoku forever