I use the 60 LWMA which appears to be close to the same, and I use it for the same reason, with success.

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Hey, I've been waiting for someone to say this. The textbooks do not even suggest to use "feeling". It only makes sense that you do, otherwise any successes or failures could be attributed to your "system", and none is perfect. So, in essence, you ...

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To exit a trade, the site recommends to exit "as price exits the opposite side of the kumo on which the trade is transpiring". This sounds to me like you are coming out of the trade much too late. Do you agree?

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I'm ready for it!

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Thanks for the tips!

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No misunderstandings....I just have chosen not to use them myself for now. I am starting with the cloud.

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I don't use it either. I saw some data on a website showing using it was no better than using MA's.

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Hope you all had a good weekend. I have been experimenting with the komu cloud portion of Ichi. I am still not sure how I should set the periods on the indicator. I am using 8 for Tenkan-san, 22 for Kijun-san and 44 for Senkou Span B. Any comments ...

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Happy Halloween! — Happy Halloween!

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Luckily, I had taken a stop loss out 15 minutes ago. It has been too volatile lately to even have one!

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That was some kind of aberration! It seems to have returned to its previous channel.

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I did some research on this as well and agree with SunTraders statement. However, I would assume the big banks probably do have a good picture of volume and just don't tell us...

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I think the world came to an end. Algirdas lost 20 pips!

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According to the text books we should drop as much from the neckline to the bottom as we dropped from the top of the head to the neckline. Be aware too there may be a return move to the neckline before the long drop.

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I like your attitude. I guess it is because I like to keep things simple also. I am also of the camp that says fundamentals are not quite so important. To show this, a couple of weeks ago I decided to try a few days with no distractions - no news, ...

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So which came first - the chicken or the egg? - the H&S or the reaction to seeing it?

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Wow......and for free too!

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Thx — Thanks to Cobra and Psi for the H&S details.

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Wouldn't the neckline be higher? Edit: oh i see; I thought you had used the 7 am ET high as a "shoulder". So it looks like the right shoulder is forming, correct?

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I hear you...being patient is probably the hardest thing bout this biz. Lately setting stop loss for scalps has been difficult if not impossible. I got knocked out of the trade several times, with profit, but small profits because of the volatility ...

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