FX:AUDNZD   Australian Dollar/New Zealand Dollar
1363 45 37
5 months ago
..
5 months ago
Comment: We have a break to the downside and it looks like it was just a fake BO
5 months ago
Comment: maybe not..
Guys, remember how we trade this
1. we sell on the break
2. Stops just above the BO candle (so we are still in)
3. If we get stopped, we wait for a retest and consolidation to breakout or reversal to enter at the other side
5 months ago
Comment: Entered short at the WPP
My stop is just above the current candle
5 months ago
Comment: My risk is less than 10 pips
5 months ago
Trade closed manually: I'm leaving this trade now .. not for anything except that I'm bored with it
~50 pips up is not too bad
Have a good weekend everyone
5 months ago
Comment: I'm bored with it AND we are at the bottom of the bigger range...
If you wanted a logical reason..
Pressing the like button encourages me to continue publishing my ideas and is highly appreciated...

I have a section on my page under the tag "Educational" that contains a lot of information on my trading method, please take sometime to read it...

Related Ideas

Rebounds

rist
5 months ago
I think to the up, do you wait for it to close outside of the triangle?
Reply
Ichimoku_Trader rist
5 months ago
no
I buy the break and i watch it. If it does not have momentum I close it with little profit and I buy after a break of the retest of the triangle
+1 Reply
_chris_ PRO
5 months ago
Thankyou. Will watch with an eagles eye.
Reply
Ichimoku_Trader _chris_
5 months ago
awesome
Let us know if we miss something
+1 Reply
chhabrakaran37 Ichimoku_Trader
5 months ago
enter into buy position on the BO right?
Reply
Ichimoku_Trader chhabrakaran37
5 months ago
yes
+1 Reply
chhabrakaran37 Ichimoku_Trader
5 months ago
thanks
Reply
Ichimoku_Trader chhabrakaran37
5 months ago
my pleasure
+1 Reply
gfknn5
5 months ago
nice!
Reply
Ichimoku_Trader gfknn5
5 months ago
thanks
+1 Reply
aziz.au
5 months ago
Triangle broken, I am in. Not sure of target though, lowest low at the other end of the triangle?
Reply
aziz.au aziz.au
5 months ago
Got scared seeing the big bull candle, came out with a small loss (8 pips)
Reply
Ichimoku_Trader aziz.au
5 months ago
why did you lose. You went in late
You should always enter on the break and watch
+1 Reply
Ichimoku_Trader aziz.au
5 months ago
great
+1 Reply
chhabrakaran37 Ichimoku_Trader
5 months ago
I am getting confused are we looking to buy in this trade right now of no?
Reply
Ichimoku_Trader chhabrakaran37
5 months ago
Do you know how to trade breakouts?
if not, then read my comments above where I have explained it

Good luck
+1 Reply
chhabrakaran37 Ichimoku_Trader
5 months ago
I thought i knew. But confused now
Reply
Ichimoku_Trader chhabrakaran37
5 months ago
well is it clear after you read my comments?
+1 Reply
chhabrakaran37 Ichimoku_Trader
5 months ago
Still trying. But getting clearer. Thanks
Reply
Ichimoku_Trader chhabrakaran37
5 months ago
ok
+1 Reply
thomas_moyse
5 months ago
I believe we are still ranging. I draw my lower limit from 10th of June lows where this range started. Still no breakout yet in my eyes.
Reply
aziz.au
5 months ago
what is WPP value?
Reply
thomas_moyse aziz.au
5 months ago
Weekly pivot point add pivot point to your chart.
Reply
Ichimoku_Trader aziz.au
5 months ago
it is the pink line on the chart
+1 Reply
Masihh
5 months ago
Don't you think the trend changed into buy just now ? how much possibility do see for it to rally to 0.74695 ?
Reply
Ichimoku_Trader Masihh
5 months ago
I'm not sure
+1 Reply
Masihh Ichimoku_Trader
5 months ago
im down 14 pips, and I want your advice here ! should I close and wait or should I keep it with the hope for trend to change back to sell ?
Reply
Ichimoku_Trader Masihh
5 months ago
My friend...
This is a range. It has not been a trend for a while
So in ranges, it is like guess work. Noone really knows when or where or how or for how long things will move or stop
So when I say "I'm not sure", you have to be sure that I am giving you my honest answer.
We trade ranges with the knowledge that we might get whipsawed because the payoff is potentially great.
Also, if you look at my educational material, you will notice that I trade breakouts with only 25% of my usual lot size .. now you know why

Good luck
+2 Reply
Masihh Ichimoku_Trader
5 months ago
My Friend :)

I appreciate your reply and it mean a lot to me, I only traded 2% of my margin on it so even if I loose it would not be a big deal ! just wanted to ask your opinion as I really like your past ideas ...
Reply
Ichimoku_Trader Masihh
5 months ago
Glad to hear it and thank you
I try my best and I hold nothing back..

Good luck
+2 Reply
Alland296
5 months ago
price being pushed down by 10ams on downtrend. was starting to sweat. love your work bro
+1 Reply
Ichimoku_Trader Alland296
5 months ago
Thank you
Reply
thomas_moyse
5 months ago
I will be waiting on that one.

snapshot
Reply
Alland296
5 months ago
geez, kiwi dont give up easy!!
Reply
Ichimoku_Trader Alland296
5 months ago
We've been laughing at this trade since yesterday...
It seems as if it just doesn't want to move
Reply
Alland296 Ichimoku_Trader
5 months ago
this thing gonna fight like hell all the way down, gartley pattern after gartley pattern!!
Reply
Ichimoku_Trader Alland296
5 months ago
are you busy??
Reply
Alland296 Ichimoku_Trader
5 months ago
yeah, watching grass grow. LOL
Reply
Ichimoku_Trader Alland296
5 months ago
;)
Reply
MarcielSouza
5 months ago
that would be now an expanded triangle?
Reply
Ichimoku_Trader MarcielSouza
5 months ago
only if we close without a break
Reply
amrsoliman2000
5 months ago
Made around 150 pips so far is there room for more? :)
Reply
Ichimoku_Trader amrsoliman2000
5 months ago
the infinity trade
I'm glad you're in it too
Reply
aziz.au
5 months ago
Are we still in this trade? It looks like the current candle approaches toward giving a chance for re-entry, if I am correct. I would consider re-entry at 1.0454. What do you think?
Reply
Ichimoku_Trader aziz.au
5 months ago
Yes we are and why not
Reply
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