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- SanMiguel replied Sep 23, 2009
Daily and 4hr TFs are UP, 1hr is down so 5min entries are extremely risky.
Ichimoku forever
- SanMiguel replied Sep 23, 2009
Would you wait for a 4hr close for the span to clear?
Ichimoku forever
- SanMiguel replied Sep 23, 2009
Bearish bat formation, that's a new one
I guess it didn't go bearish though.Ichimoku forever
- SanMiguel replied Sep 23, 2009
Yes, the higher timeframe(s) confirm the direction no matter whether you are scalping or taking longer term trades.
Ichimoku forever
- SanMiguel replied Sep 23, 2009
Oh well...I got stopped out for breakeven on my EURUSD buy and my USDCHF sell after they had both moved to 40pips in profit. Perhaps I shouldn't be moving stops to breakeven on the longer 4hr trades.
Ichimoku forever
- SanMiguel replied Sep 22, 2009
Yep, see that. Daily Ks is angled up so looks like a good buy. Maybe we'll get a little retrace...not sure.
Ichimoku forever
- SanMiguel replied Sep 22, 2009
What completed signal are you waiting for with USDCAD? The 1hr cross is above the kumo. The 4hr I could see a possible entry if a strong move or more likely in about 12hrs or so. A 30min entry is possible.
Ichimoku forever
- SanMiguel replied Sep 22, 2009
Please don't or I will be forced against my will to join a site that I have no intention of ever joining

Ichimoku forever
- SanMiguel replied Sep 22, 2009
It follows your broker's time. If you want, you can get an indicator that will adjust it for you - have a search on google or go to url
Ichimoku forever
- SanMiguel replied Sep 22, 2009
Go to the folder on the bottom of vic elc's posts then find the shared online folder and go to resources. There are some indicators in there.
Ichimoku forever
- SanMiguel replied Sep 22, 2009
I suppose it depends on what time frame you are watching, if you consider the main 6 timeframes (daily, 4hr, 1hr, 30min, 15, 5) for each pair then that's a lot of screens to catch a signal on. Of course, if you're only trading a few timeframes or ...
Ichimoku forever
- SanMiguel replied Sep 22, 2009
Yes, that's true but for simplicity sake, let's say we trade a 4hr Ts?ks strong cross and we put our SL on the other side of the Ks. I think a 10pip buffer to allow spikes through the Ks is very tight and may stop you out too early sometimes. ...
Ichimoku forever
- SanMiguel replied Sep 22, 2009
No, that is money management and risk, what I am referring to is simply avoiding being stopped out in a trade because you didn't allow enough room in your stop. For example a buffer of 10 pips might not be enough when your stop is the other side of ...
Ichimoku forever
- SanMiguel replied Sep 22, 2009
On some trades, it is necessary to make our stop the other side of the 4hr Ks even though our entry might be on the 1hr. What is a good buffer to add to the stop loss past the Ks? I think 10pips is a bit too close for long term trades, the Ks ...
Ichimoku forever
- SanMiguel replied Sep 22, 2009
GBPUSD 4hr Are you waiting for an entry on a lower timeframe for this or are you going to grade the Kijun bounce?
Ichimoku forever
- SanMiguel replied Sep 22, 2009
Careful watching 12 pairs, you can't catch every move

Ichimoku forever
- SanMiguel replied Sep 22, 2009
Yes, I agree with that completely, I was just a bit confused by the post the other day where we were waiting for the chinkou to complete. However, the Ts/Ks cross in that case was a strong cross.
Ichimoku forever