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- SanMiguel replied Feb 1, 2011
Do you have a rough idea of the ratio of fake signals + stop out (let's call losses) vs strong trend + trails (profits)? We try to capture 50% of the trend but there's no guarantee, again, it helps us to trail our winners, which is necessary.
Ichimoku forever
- SanMiguel replied Feb 1, 2011
You can't because you never know when the range will start or end or even the trend. That's why I would like to see some stats, which I doubt we have unless someone ran it through an EA but we are in trending times so it probably works well for the ...
Ichimoku forever
- SanMiguel replied Feb 1, 2011
I understand that but there has to be a trend developing. I would love to see some stats on ranging vs trending periods using the Bullish crossovers. If there is a trend, it's great you capture 50% of it. But if there isn't and you get in late to ...
Ichimoku forever
- SanMiguel replied Feb 1, 2011
You never know 100%. My point was, if you are following the suggestion in this thread that, the D1 chart must be bullish The H4 must be bullish The H1 must be bullish then you look for retracements to the Ks and/or Ts/Ks crossovers on the lower TF ...
Ichimoku forever
- SanMiguel replied Jan 31, 2011
By retracement I do not mean fib, I mean a price retracement. The whole premise of this thread is find a trend on higher TFs and time entry on the lower TF.
Ichimoku forever
- SanMiguel replied Jan 31, 2011
It's an interesting one to discuss over the next few days because GU is all TF trends up, we should be waiting for a retrace on the 15min and then a bullish crossover and go with the trade. However, we're at the highs and the 1.6 psychological level ...
Ichimoku forever
- SanMiguel replied Jan 31, 2011
This one looks good in hindsight but at the time of the TS/KS cross (1.5881), the 1hr price was inside the kumo and the 4hr was below the kumo so missed it (according to the rules). Now...the 15min is always going to be ahead of the 1hr chart so I ...
Ichimoku forever
- SanMiguel replied Jan 31, 2011
Aha, yep, I see it and now it has come out of the kumo to the upside. I'm sure someone will respond soon but why not PM whoever wrote the document, they can tell you if it is up to date.
Ichimoku forever
- SanMiguel replied Jan 31, 2011
That would be price hitting the underside of the Tk while the Tk is still pointing upwards, do you give that some credit? I'm nore often inclined just to use the Tk and Ks when price is moving into them from the other way (eg bullish Tk, price ...
Ichimoku forever
- SanMiguel replied Jan 31, 2011
So, EURJPY: Daily, CS has just exited the kumo and kumoproviding support. 4hr is in the kumo but still holding to the upside. 1hr bearish so need to wait for some confirmation here due to links to EU. 15min awaiting a breakout of the kumo. Any ...
Ichimoku forever
- SanMiguel replied Jan 30, 2011
fair enough, I just assumed it was a place to discuss ichi strategy as vic was well known for trying out kumo breakouts a while back on H1, H4 and others without using CS span. Anyway, I will post some setups in the next few days and we can discuss ...
Ichimoku forever
- SanMiguel replied Jan 30, 2011
Ok, maybe I should make 10-20 webinars for you so you can understand all of it. The Commitment of Traders report has books written on it just by itself, how do you want me to explain it to you in a few posts? The simplest one I could explain is the ...
Ichimoku forever
- SanMiguel replied Jan 30, 2011
They are a system when combined - impossible to list a system in one post, trading is not usually that simple - check out all the forum threads for a guide on how to make a random methodology and have people follow it.
I've been long the UJ since ...Ichimoku forever
- SanMiguel replied Jan 30, 2011
Like I said mate, it's not about what method isn;t subject to whipsaws or stop outs, it's about what to look for in those charts I posted that either would have prevented a trade or just to accept that the trade would get stopped out due to lag or ...
Ichimoku forever
- SanMiguel replied Jan 30, 2011
eh? I'm simply pointing out some limitations because it is the losses that you have to cut out. I pointed out some simple arguments about fib analysis on the euro as to a reason why it was a short and not a kumo breakout buy. Like I said, ichi works ...
Ichimoku forever
- SanMiguel replied Jan 30, 2011
Thanks for the reply. Am I right in saying that the traders who play the kumo breakouts do not usually wait for the CS to exit the kumo? Otherwise you are always waiting for a 26 day delay for the CS to breakout and that is in fact a CS breakout ...
Ichimoku forever
- SanMiguel replied Jan 30, 2011
I'm simply pointing out areas where it hasn't worked as those are the areas I concentrate on as you have to cut them out of your trading. I can show you are very good article in Currency Trader magazine where they go on to show how some technical ...
Ichimoku forever
- SanMiguel replied Jan 29, 2011
So, with the Euro for example, it broke out of the kumo on D1. What are you now looking for on H4 and H1 or do you only consider the H4 and H1 trends? I always find myself coming back to check out this thread...perhaps it's not for me in my way of ...
Ichimoku forever
- SanMiguel replied Jan 29, 2011
Actually the EU short is a good example of considering the wider picture. On the Daily chart, there is a kumo breakout that then got pushed back. If you use fibs the 50-61.8 zone on the euro is one of the reasons as well as the extended up ...
Ichimoku forever
- SanMiguel replied Jan 29, 2011
Ok, so on the cable chart I posted, give reasons for not taking the trade, just out of practice for the method. D1 trend H4 H1 trend all up. Now, if you had taken long trades, you would have been whipsawed out. Ichi is a trend following strategy but ...
Ichimoku forever