Any feelings on EU at the moment? If the 1hr closes above the Ts and the Cs trenline breaks, I may go long. Note also, if you draw an uptrendline on the CS here, you see a price bounce.

Ichimoku forever

I am a great believer in trading 1 main pair that you know well and also trading with the trend. The question I have is based around changes of sentiment - there comes a time when the pair you trade will move from bullish to bearish and vice versa. ...

Ichimoku forever

Google it but it's based on leverage as well. Margin is determined by the pair you are trading. For example, a $1 per pip trade on GBPUSD at 1.6 requires clear margin in your account of $160. url url url url

Ichimoku forever

If we are confident in each of our positions, then shouldn't it be 2.5% risk per trade? I mean once you are at break even or in the positive from an older trade, that brings the risk down to 0% again.

Ichimoku forever

Out of interest, when re-entering or adding on a fractal, do you use the actual candle of the fractal, ie the high/low of the fractal candle? The actual fractal arrow is usually painted an abitrary 10-15 pips past the candle.

Ichimoku forever

p.325 onwards. So far, we have: - vanilla flavour ichi trading longer term - vanilla flavour ichi trading shorter term TFs - cloud breakouts - CS trendline breaks and re-entries in conjunction with signals - fractal/divergence candles plus ichi - ...

Ichimoku forever

All got confused around the time of fractals and divergent candles when a few people posted how they take any and every signal. There are a few different methods being traded here. Obviously, trend trading is the most conservative but people are now ...

Ichimoku forever

This is a Daily GU. I have sometimes seen vic circle the future kumo as the important SR point. Is the kumo directly above the price not also important? Or is it simply an R1 and R2 zone?

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GU seems to have not made up its mind yet.

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I will backtest this: e.g - open 2 post, close 1 post when hit TP1 (which is equivalent to SL) and move another 1 post to BE+5pips etc. Of course there are many options. A few people have mentioned filters. I simply suggested a bollinger band and to ...

Daily Divergent Candles Method

Careful with the USD, news is out in 15mins and when Bernanke opens his mouth you don't want to be in the market. If PA cannot clear 1.64 and hold above it on 1hr/4hr, I am going to short the hell out of it. It has moved well beyond its daily range ...

Ichimoku forever

The drawdowns can be quite large. Here is EU since Jan (profit factor 1.55, slight up gradient but some big drawdowns): url image Here is GU since Jan (profit factor 1.37, nice and gradual): url image Here is EG since Jan (profit factor ...

Daily Divergent Candles Method

Of course and I realise the number is arbitrary but I can't see any sells on there based on previous 5 candles - this is why I was talking about only trading with the trend, etc. The EA I ran allows me to backtest this and each divergent candle ...

Daily Divergent Candles Method

explain then. On all of these, following rules on page 1, you would have had 2 trades stopped out without manual intervention except for maybe the one marked as 220pips probable. In the USDJPY examples a few pages before, even the ones with + ...

Daily Divergent Candles Method

You can do what you want. If you want conservative trades then trade divergence candles only in the direction of the main trend or use them to add to an existing position. If you know the pair you are trading and know it's S/R points, then use ...

Ichimoku forever

How are people using fractals to add to entries? Do you use the actual fractal, which is painted arbitrarily around 15 pips above/below the candle or do you use the actual candle high/low?

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From what I have seen in the past few posts there is that approach: - In a downtrend, use an UP fractal as a point to sell in conjunction with the usual ichimoku signals. - In an uptrend, use a DOWN fractal as a point to buy in conjunction with the ...

Ichimoku forever

I think what confused him was that some people are using UP fractals as a point to sell if the overall trend is down. This is because it indicates a sort of swing high in the downtrend.

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On re-entries, the kumo is going to be further away than you intial entry...usually anyway so the actual trade size becomes smaller on the re-entries? For those that use fractals, do you use the actual fractal triangle as the entry or the low/high ...

Ichimoku forever

Hi lb - on your re-entry trades, is your SL still above the coud? Or might you use above the last fractal now?

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