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philipo replied Nov 3, 2009On g/u there is no trade setup. price action is indecisive. Though there is a break up of price on daily it is in between ks and ts. On weekly price is in the kumo. On u/cd 4hrs even though there is a cross of ks/ts down price is still is above the ...
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philipo replied Nov 3, 2009Hi Vic. Nice to have you around. If I may ask, what opportunities can you see on your trade platform
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philipo replied Nov 3, 2009On 1hr price is ranging and narrowing forming a symetrical triangle. On 4hr Price is under the kumo (bearish). On daily price is bearish is hanging on the ks flat line which is serving as a resistance, even on 1hr. Looking for price to break down ...
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philipo replied Nov 3, 2009Note that price action gives you the psych of traders. The higher the time frame the stronger the sentiment. So 4h especially 1d and 1w gives you a stronger view of a trend. Then, you have less noise. The only draw back is that when there is trend ...
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philipo replied Nov 2, 2009. Apart from the strong signal, I trade ts/ks cross on all currencies on 4hrs/daily TF anywhere I find it above/below the cloud where the trends are fully estabished on daily and price is above/below kumo on wkly TF. If you try this you will find ...
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philipo replied Nov 2, 2009Hey man I had problems with my ISP so could not respond. I agree with you. I saw it and did not take the trade. You know what? If you stick to the rules especially on 4hrs and daily TF though few trades, you will hit some big time moves like I did ...
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philipo replied Nov 2, 2009. Hi. I had problem load this site and some others for the past two days. Thanks responding.
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philipo replied Oct 31, 2009Thanks for this information. It is quite timely. Discipline and patience is part of the key for staying in this business alive apart from money management. It appears some of us are throwing this away with out knowing it. Resultant effect is loss of ...
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philipo replied Oct 26, 2009But Vic, the 2% or 2.5% MM I know and have read several times is per trade. For example if you get into a trade and 1pip is equal to 1dollar, you set your stops at 20pips or 25pips (account is 1000 dollars). That means if you have several ...
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philipo replied Oct 24, 2009Thanks. I appreciate your response. I have missed one or two nice trades because of the above scenarios. I know what to do now from your knowledgeable contribution. Keep up the good work.
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philipo replied Oct 24, 2009Hello vic. Nice to have you back. Suppose you miss a trade signal (traditional signal of ichi) and the move have gone a little say 40pips, Can one still get in after a break of a s/r level. Then second. If there is a reversal say on 4hrs price break ...
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philipo replied Oct 22, 2009Sorry I didn't see this tread on time though I saw the trade but did't get in because of the ks turning down. Its unusual. Right now the price dropped below straight into the cloud. for those whose stops is just some pips below ks that's a lost ...
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philipo replied Oct 22, 2009I quite agree with you. Ichi is simple and straight forward and completely stress free. In my own case I have traded almost all pairs using all the strategies on 4hrs and daily chart except kumo cross. The result have been impressive above 90% ...
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philipo replied Oct 19, 2009I have learnt a great deal from this thread. For over a year, I never had the confident of trading live. But after just one week on this thread, I started trading live. From the beginning of this month till date, I have made over 2,000 pips trading ...
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philipo replied Oct 15, 2009. Hello vic, Ichikiller and others online. Check this out. Relation to 1hr chart divergence candle. What do you think?
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philipo replied Oct 15, 2009I am confused too. Its becoming complicated. I think I will just stick to the divergence that occurs in favor of the trend.
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philipo replied Oct 14, 2009Vic thanks. I have to go to bed. Its 2.40am here in Nigeria.I will have only 4hrs of sleep after which I will have to prepare myself for work. Its worth the sacrifice. I am looking forward to when I will be at home as a full time trader. Bye everyone ...
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philipo replied Oct 14, 2009Where does one take profit in this situation. where u marked?
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philipo replied Oct 14, 2009Pls whats your opinion on 4hrs and 1hrs gbp/jpy chart. How do I paste it on the thread Thanks. image
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