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Kinko replied May 24, 2010Price testing the trend line on the other side of the ichi cloud.
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Kinko replied May 24, 2010Be careful to enter a trade when this situation unfolds. A chikou cloud break but the CCI200 not less than -50 For a moment it will try and trick you to enter with a cross of the CCI200 accross the -50 line and just as you entered without waiting ...
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Kinko replied May 22, 2010To cut down on the risk with each trade I changed the stop loss to the following. At the high/low(short/long) of the bar before the breakout bar. See the image below
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Kinko replied May 20, 2010The best place would have been where the vertical red line is. Then you would have had no resistance level to overcome in any of the following timeframes - the 5m, 15M, H1, H4, and D1 and the target in the weekly was there to test. See the images of ...
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Kinko replied May 20, 2010Sorry for the misunderstanding. If you are in one timeframe you can look for tagets in that same timeframe by looking at it's historical S/R lines or you can go to the higher timeframe and see if you are still in the cloud of the higher timeframe ...
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Kinko replied May 20, 2010No I do not use the kumo breakout indi - I look at it manually by switching from one timeframe to the other and only use Ichi overlayed on the 1sma cloud with the 200 sma and the CCI(200).
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Kinko replied May 20, 2010The kumo is available on the chart - you only need to open Ichimoku(rightclick on chart and select Indicator list) and change the colours of the kumo from "none" to the colour you like. If it is not the same Ichimoku than the one that is on your ...
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Kinko replied May 20, 2010Thanks fxripper - very useful information - may you be showered with green pips.
Ichimoku forever
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Kinko replied May 20, 2010Thanks for sharing the kumo breakout indi - Sorry but cannot help you with another one - but there may be another one in the attachment list of this thread.
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Kinko replied May 20, 2010It seems as if the crosses in DiDi index are very much at the same time as when you have a price kijun cross.
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Kinko replied May 20, 2010Two images to demonstrate why I added the two conditions of trade. 3. 200 SMA must be sloping in the direction of the trade or be horizontal. 4. Kijun line must move in the direction of the trade at cloud break - not flat.
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Kinko replied May 20, 2010No as far as I know there is no chikou cloud break indicator - maybe someone else with programming skills can help us out here. But in the mean time we can use the ichi cloud break indicator in the higher timeframe and wait for the conditions to be ...
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Kinko replied May 20, 2010There already is one. The Ichi cloud break. When you have a cloud break in a certain timeframe say the H1, go to the lower timeframe the 15M or 5M and wait for the price to approach the 1 SMA cloud break. See the ichi cloud break on the AUDUSD 15M ...
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Kinko replied May 19, 2010Chikou or 1 SMA or SR cloud break — Chikou or 1 SMA or SR cloud break OK I added two more items to try and improve the success rate of the chikou cloud break and cut down on fake breakouts. 3. 200 SMA must be sloping in the direction of the ...
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Kinko replied May 17, 2010If you used the 5M USDJPY to enter at the vertical red line, now may be a good time to take some money. Why - In the 15 M the price is below the 200SMA and there is a flat Ichi kumo just waiting to pull price down - how far - we do not know maybe to ...
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Kinko replied May 17, 2010The more I share the more I learn. Fake breakouts at the vertical red lines. Two attempted breakouts from the ichi and the chikou clouds. Reason: 200SMA ahead and CCI200<50. A much better break will be the one at the bottom. CCI200 already less than ...
Ichimoku forever