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- SanMiguel replied Nov 13, 2009
Connect the highs or connect the lows just like you would on candles, it is the spikes you are looking for to gain maximum pips out of a move - haven't seen lb post in a while... All the CS is the closing price of that candle but it serves as a good ...
Ichimoku forever
- SanMiguel replied Nov 13, 2009
Yep, you're correct about the 1.5 level, which is why I'm not taking a kumo breakout for it but waiting on a strong 1hr Ts/Ks cross above the kumo, which will likely be above the 1.5 level (D1 is UP, H4 is UP) at present. Until price is either below ...
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- SanMiguel replied Nov 13, 2009
My NU and UCAD trades are both 4hr trades. NU: In line with the daily trend. Bounce from 4hr jumo plus candle pattern, I will continue to add on on lower timeframes if we get a 1hr cross above the kumo. UCAD: In line with the daily trend and a ...
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- SanMiguel replied Nov 13, 2009
How have you drawn your box range on the GBPUSD daily? That's a difficult one as it's not as flat as the EURJPY range. More important are the kumo futures on H4, Daily, and weekly - all bullish but I'd want to see it clear 1.7 before holding onto ...
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- SanMiguel replied Nov 13, 2009
Doesn't necessairly mean to start going long yet just that, as 4x said, you may be able to hold on to a long term trade if you get in at a good price, something to keep an eye out for in the future.
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- SanMiguel replied Nov 13, 2009
Anyone get in off the D1 KS bounce on EURUSD? Nice 4hr kumo bounce as well. Currently, I am: USDCAD: short from the 4hr Ks bounce and candle pattern. GJ: long as per 4x's trade NZDUSD: long from kumo bounce on 4hr.
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- SanMiguel replied Nov 13, 2009
It was a webinar, which wasn't recorded or hasn't been displayed yet but suffice to say if you look at that image a few posts back, you will see the kumo in a range. Draw horizontal lines to match the range and visually look at how much of the kumo ...
Ichimoku forever
- SanMiguel replied Nov 12, 2009
NZDUSD looks to have a good bounce from the 4hr kumo base and daily trend has been up for a long time. I will probably wait for a close above the Ts.
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- SanMiguel replied Nov 12, 2009
Worth noting the kumo projection direction on all the longer TFs which is further supporting mindset that we may see further upside before the next down leg. That's a good point - I hadn't considered that before and it might allow you to get into a ...
Ichimoku forever
- SanMiguel replied Nov 12, 2009
Hi 4x Are these all kumo exits? GJ being on the 4hr?
Ichimoku forever
- SanMiguel replied Nov 12, 2009
Interesting. In line with the 4hr charts? I'm still looking at the daily expecting a short at some point...
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- SanMiguel replied Nov 12, 2009
Surprised at the USD movements yesterday and today! Had most of my positions stopped out at breakeven when they were well above 50pips each including AUDUSD, GJ, UCAD, and UCHF. NZDUSD stopped out for a loss. GBPJPY is still looking good for a ...
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- SanMiguel replied Nov 11, 2009
You do know that there was the inflation rate news report at 1030 GMT today? (GBP) That is an absolutely massive news report for the £ - not a good morning to trade: url Even if there hadn't been a news report, the GBPJPY daily chart is in the ...
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- SanMiguel replied Nov 11, 2009
Interesting idea...which brings me onto my next question - have you added on any trades to this? At what point would you stop adding on? For example, a new TsKs cross could happen on the 15min soon - would you take that? I don't plan on getting in ...
Ichimoku forever
- SanMiguel replied Nov 11, 2009
Thanks
A/ Longer timeframe, wait for Ks retest then enter on close past Ts. B/ Alternatively, 1hr Ts/Ks cross, then enter on a lower TF if a restest of the Ks occurs on that timeframe. A/ I'm fine with though I sometimes take the initial cross ...Ichimoku forever
- SanMiguel replied Nov 11, 2009
Someone buying the $ pretty strongly at the moment, every USD chart moved about 50pips.
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- SanMiguel replied Nov 11, 2009
UChf is showing a retest of the Ts/Ks area on the 15min chart, might be worth another short soon. UCAD is showing a retest of the Ts/Ks area on the 15min chart, might be worth another short soon. AU - waiting for a 15min Ts/Ks cross to go long ...
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- SanMiguel replied Nov 11, 2009
I have been having some success lately just taking the 1hr Ts/Ks cross signal but as you know this has the disadvantage of large stops and therefore smaller trade size. With your detail above, are you still waiting for a Ts/Ks 1hr cross to occur and ...
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- SanMiguel replied Nov 10, 2009
We often talk about entry rules on this thread but so far the main exit strategies I have seen are either: - trail the kumo - take 50% profit at your original risk amount Can we expand this a bit further? For example, there are many other signals ...
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- SanMiguel replied Nov 10, 2009
Example, my account is in GBP. I'm using round numbers for ease of calculation. Account size £10,000. I enter 1 lot buy on GBPUSD with 50pip stop loss. If I lose 50pips, that would be equivalent to -£500. However, on GBPUSD the profit or loss is ...
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