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Simplified Ichimoku

  • #21
  • Edited 3:14pm Oct 30, 2025 2:57pm | Edited 3:14pm
Here is today trade, still going..took profit on closing...and that is how its done.
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  • #22
  • Nov 3, 2025 4:13am Nov 3, 2025 4:13am
Quoting driven18
Here are hourly trades last week and 3 days this week. {image}
Interesting. So what are the rules charted here? Enter after price left the cloud? (Emergent stop if the candle closed inside the cloud again?) When do you exit in profit?
Thanks.
Just an opinion. Based on research
  • #23
  • Nov 3, 2025 8:46am Nov 3, 2025 8:46am
Quoting since80808
{quote} Interesting. So what are the rules charted here? Enter after price left the cloud? (Emergent stop if the candle closed inside the cloud again?) When do you exit in profit? Thanks.
I can not answer Money Management question. As I said, it took years to figure out my pain points and find my own statistics on what MM works best and at what point in the trade to invoke it. MM is very individual endeavor.

In fact, I assign only 10% of importance to Entry, 50% to MM and 40% to controlling MindFuck(Fear and Greed).
  • #24
  • Nov 3, 2025 10:01am Nov 3, 2025 10:01am
Thanks for reviving the Ichimoku strategy. The method is very simple — I’ve always wanted to try Ichimoku. I know the creator intended it to be used on the daily timeframe, but it’s great that you’re trying it on a smaller timeframe. I also stumbled upon that YouTube video a while back — I like visual learning too. I hope to follow this thread.
-ab
strip things naked
  • #25
  • Nov 3, 2025 10:21am Nov 3, 2025 10:21am
Quoting driven18
{quote} I can not answer Money Management question. As I said, it took years to figure out my pain points and find my own statistics on what MM works best and at what point in the trade to invoke it. MM is very individual endeavor. In fact, I assign only 10% of importance to Entry, 50% to MM and 40% to controlling MindFuck(Fear and Greed).
Ok, let's say I have MM rule like "exit with max loss = 1% of depo". It's my own, it's individual etc. This question is closed.

Can you say something concrete about your exit with profit??

Thanks
Just an opinion. Based on research
  • #26
  • Nov 3, 2025 10:38am Nov 3, 2025 10:38am
Quoting since80808
{quote} Ok, let's say I have MM rule like "exit with max loss = 1% of depo". It's my own, it's individual etc. This question is closed. Can you say something concrete about your exit with profit?? Thanks
When I believe PA is getting to the point of exhaustion, I will start trailing closer. When it is getting to the point of exhaustion - took years of analysis and hard work with various tools to become confident in my opinion.
  • #27
  • Nov 3, 2025 10:44am Nov 3, 2025 10:44am
Quoting driven18
{quote} When I believe PA is getting to the point of exhaustion, I will start trailing closer. When it is getting to the point of exhaustion - took years of analysis and hard work with various tools to become confident in my opinion.
When there are smaller candles or consolidation can be exhaustion right? Great to take profits when unsure of r:r
strip things naked
  • #28
  • Nov 3, 2025 10:46am Nov 3, 2025 10:46am
Quoting since80808
{quote} Ok, let's say I have MM rule like "exit with max loss = 1% of depo". It's my own, it's individual etc. This question is closed. Can you say something concrete about your exit with profit?? Thanks
Good question. The OP suggested taking 1:2 to have a statistical edge. Maybe having a fixed rr is good if we have a win rate of at least 1:2 more than 50%. So this is mechanical and no discretion involved.
strip things naked
  • #29
  • Nov 3, 2025 10:56am Nov 3, 2025 10:56am
Quoting driven18
I will open more insights
The insights:
Quoting driven18
I can not answer Money Management question
Quoting driven18
not about how you enter
Quoting driven18
took years to figure out
Quoting driven18
the point of exhaustion - took years
Just an opinion. Based on research
  • #30
  • Nov 3, 2025 10:57am Nov 3, 2025 10:57am
Quoting since80808
{quote} The insights: {quote} {quote} {quote} {quote}
guys you can PM each other.

strip things naked
  • #31
  • Nov 3, 2025 11:04am Nov 3, 2025 11:04am
I never have R:R -- I like to stay in the trade and squeeze as much as possible out of it. It is a loosing propositions to have set R:R, especially 1:1, 1:2, 1:3
  • #32
  • Nov 3, 2025 11:05am Nov 3, 2025 11:05am
Quoting since80808
{quote} The insights: {quote} {quote} {quote} {quote}
It is not my thread and I do not see anyone posting anything of relevance as of now.
  • #33
  • Nov 3, 2025 11:10am Nov 3, 2025 11:10am
Quoting driven18
I never have R:R -- I like to stay in the trade and squeeze as much as possible out of it. It is a loosing propositions to have set R:R, especially 1:1, 1:2, 1:3
Can you elaborate how its a losing proposition to have a set R:R?
I find many good reasons why its very beneficial for a Trader to do exactly that.
  • #34
  • Nov 3, 2025 11:26am Nov 3, 2025 11:26am
Quoting driven18
I never have R:R -- I like to stay in the trade and squeeze as much as possible out of it. It is a loosing propositions to have set R:R, especially 1:1, 1:2, 1:3
More false can not. For new trader who want serious trade money, this way better not. Make suitable thoughts on money management first, before think bout the outcome,
Perfection is the enemy of good enough!
  • #35
  • Nov 3, 2025 11:30am Nov 3, 2025 11:30am
Quoting MichaelSch
{quote} More false can not. For new trader who want serious trade money, this way better not. Make suitable thoughts on money management first, before think bout the outcome,
What did you struggle to say?
Just an opinion. Based on research
  • #36
  • Nov 3, 2025 11:33am Nov 3, 2025 11:33am
So what is the reason of
Quoting driven18
I can not answer
?

A)
Quoting driven18
it took years to figure out
or

B)
Quoting driven18
It is not my thread and
?
Just an opinion. Based on research
  • #37
  • Nov 3, 2025 12:43pm Nov 3, 2025 12:43pm
Quoting since80808
So what is the reason of {quote} ? A) {quote} or B) {quote} ?
Put in hard work, I will not answer your questions. Period.
  • #38
  • Nov 3, 2025 12:44pm Nov 3, 2025 12:44pm
Quoting CogAlpha
{quote} Can you elaborate how its a losing proposition to have a set R:R? I find many good reasons why its very beneficial for a Trader to do exactly that.
You do that, I am just giving my point of view of 5 years of successful live trading over total of 10 years of hard work.
  • #39
  • Nov 3, 2025 12:59pm Nov 3, 2025 12:59pm
Quoting driven18
{quote} You do that, I am just giving my point of view of 5 years of successful live trading over total of 10 years of hard work.
So you are just yapping to yourself out of boredom.. gotcha..
  • #40
  • Edited 3:43pm Nov 3, 2025 3:11pm | Edited 3:43pm
@CogAlpha, you are not being courteous....stop being an idiot and learn.

Got into the trade last night/today, Dow Futures 1 Hour TF, still going...about 7R at this point, trailing started..

Still going with trailing Stop Loss
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