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Kinko replied May 3, 2010You can do the same with only the Chikou and price on the chart. In effect you only need the Chikou or 1ma(-26) on the chart to be able to trade effectively.
Ichimoku forever
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Kinko replied May 3, 2010What I find helpful is to zoom out the chart and then draw trendlines at the dips and bumps of the Chikou. When the chikou then break those trendlines as well as the horizontal on the last Chikou bump(dip) its time to enter.
Ichimoku forever
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Kinko replied Apr 28, 2010USDJPY 5M First entry when Price free from cloud Chikou free from cloud Tenkan and kijun move together 5 Ichi lines all move in same direction Previous high broken Second entry Waited for bounce from Kijun when kijun and Tenkan moved together in ...
Ichimoku forever
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Kinko replied Apr 27, 2010Had a nice run on the GBPUSD on 5m 1. Price free from cloud 2. Chikou free from cloud 3. 5 Ichi lines moving in same direction at the same time 4. Price broke previous Low 56 pips - done for the day.
Ichimoku forever
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Kinko replied Apr 22, 2010See a previous posting at url Use the 1 ma shift 26 periods
Ichimoku forever
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Kinko replied Apr 22, 2010Combine this with the 5M chart and the 4HR chart and you have a perfect entry on the 5M. Price and chikou broke the cloud to the downside Tenkan and kijun close to each other when they broke the +26 chikou and the cloud Price broke the 200 MA line
Ichimoku forever
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Kinko replied Apr 22, 2010EURUSD 15 M Clear break of cloud by price and Chikou followed by pullback to the flat kumo. In this case we have a very strong resistance at the 200 MA and do not expect price to continue the upward movement - rather the downward movement of the 4 HR
Ichimoku forever
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Kinko replied Apr 20, 2010EURUSD 5M Price and chikou broke cloud. Waited for price to be pulled back to flat kumo. Tenkan pointing upwards(strong momentum) , flat kijun when I entered. Entered 2 lots for 18 and 31 pips
Ichimoku forever
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Kinko replied Apr 16, 2010A short - No Price bounced off the kijun in the weekly. 4 ichi lines going up in the daily. Chikou on verge of breaking priceline and price nearly broke the cloud to the upside in daily. Flat kijun in weekly and flat kumo in daily indicating a flat ...
Ichimoku forever
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Kinko replied Apr 15, 2010The danger of having an open position over the weekend. If you had a stoploss somewhere between close and open - problems!!!! at opening time for you.
Ichimoku forever
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Kinko replied Apr 15, 2010EURUSD On the 4H chart we have a pullback towards the flat kumo. In the 15 chart we have a very nice break of more than 50 pips The same demonstrated in the chart where we only have tenkan and kijun lines.
Ichimoku forever
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Kinko replied Apr 15, 2010I am using the standard Ichi that comes with Metatrader. In the Navigator window of Metatrader rightclick on Ichimoku Kinko Hyo - then select "Attach to chart". In the new window that will open select the "Parameters" heading and change the settings ...
Ichimoku forever
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Kinko replied Apr 14, 2010EURAUD 5M 9-Tenkan-kijun cloud And here we have a breakout - note all the Ichi lines moving in the same direction with the breakout.
Ichimoku forever
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Kinko replied Apr 14, 2010I have not tested it in the higher timeframes but I see no reason why it should not work there as well. But then again I use it to prevent taking fake breakouts mainly in the 5M and 15M charts
Ichimoku forever
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Kinko replied Apr 14, 2010AUDUSD 5M Range situation with fake breakouts - was within the tenkan-kijun cloud. Possible breakout at the end with very small band of support on either side of the price.
Ichimoku forever
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Kinko replied Apr 14, 2010If you add the chikou to the 9 tenkan-kijun cloud there are 3 possible fake breakouts that you could have spotted before the real breakout. See below
Ichimoku forever