Not the greatest momentum move ever. Got stopped out on the remainder when it moved above the Ks for a massive +2pip profit. However, the DAX was very profitable today:

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EURGBP Not strictly protocol but this was a 30min Ts/Ks cross but I timed the entry on the 15min chart. I should add that I am not usually willing to trade breakouts because of the nature of price in the markets to trade inwards of these areas but ...

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We would need a few more trades to find out but perhaps it is something to do with the way Daily Pivots are calculated, the fact that price doesn't move much overnight during the Tokyo session, and trending instruments - eg price may be near the ...

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That's if you want to trade something on M1! The principle you're getting at though is drop to the lower timeframe and base direction off the higher timeframes.

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Not sure if this is what you are getting at but the high %age patterns I see are what I would normally call a bear flag or a bull flag except in the case of using it with ichi, this bear flag would occur below the kumo before a sudden momentum move ...

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which question did you ask me? Sorry but must have missed it.

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Nice trade! Depending on the broker 1-2pips for EG. EA is 5.5

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I'd agree with that. I often actually exit in 3rds depending on the trade and I won;t move to break even until I have 2/3rds off the trade but it depends on the targets. 5pips, wow - that's pretty hefty.

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Would have been a good one on EG today but I suspect most exits would have been before the news. However, if trailing SL by the Ks then it might have been pretty close to getting stopped out before the drop? I suppose you could argue that the Ts/Ks ...

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GBPUSD 15min trade. Entry 1.6196 Initial SL placed below the kumo to allow room to see the price developing. After TP1, SL trailed by Ks. TP1 1.6216 +20 pips (+10 @ 50%) TP2 was the daily resistance at 1.6265 but we didn't make that, so I was taken ...

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you say the TP would have been at the kumo, is that based on a flatlining kumo or something else? --------------------------------------------------------------------------------------------------------------------------------------------------- ...

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A useful post packed full of information and psychology that you all might like to read: url

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Dude, I'm not going to get into a slanging match like this. I have better things to do. Out of the min10 things I use, each one on its own could use a webinar or two just to understand the basics and that's not even getting into volume profiling, ...

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try ichi360.com - they have something similar. The indicator on my charts, I actually coded myself but it's not finished yet - it's very similar to what someone uploaded here many months back, so have a search for it, can't remember their ...

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I never said they didn't work, I said they lag. For every chart someone puts up with a textbook example of a trade with an indicator, I guarantee you I can find another example where the indicator also either gave a false signal or the signal was ...

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you appear to be the only person not taking it as a discussion, everyone else discusses the posts very politely and with valid points. You will note that I also posted some valid setups with ichi in my last few posts. I in fact even made a ...

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I agree with that, I just used the Daily as an example. You can find the same sort of pattern on the lower TFs sometimes. It's more of a backtesting / stats issue for me, I'm sure that those of you using the system for a while have these on your ...

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That's what I do, trade the 15m or 30min chart (based on 1,4,D1 trend)but I look at the larger timeframe also. The problem is this thread is also interspersed with people who trade 1hr, 4hr by themselves. That aside, a ranging period is a ranging ...

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...and if you are in a trade but the ADX goes back below 20, is that an exit? My biggest gripe with indicators is that when looking back in history, they always look perfect but what it doesn't show is the times, the indicator goes above 20 to say ...

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USDJPY TP1

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