Ichimoku_Trader

A very lucrative setup to learn...

FX:AUDUSD   Australian Dollar/U.S. Dollar
2308 43 61
This setup is all about the CS             (green line). For me, the CS             is the final determinant of market structure after all possible retracements have taken place. so be aware of its awesome power because it is critical to your success
Comment: sorry but I forgot to attach the signals slide
Please go to my page, press the educational tag and look for slides 8 and 8A
Sorry for the inconvenience
Comment: We are still waiting for the CS pivot to form. I'll update you once it does
Comment: If you have taken the first signal, please get out now with ~70 pips profit
We will reenter on a retracement.
I'll update you

Good job
Comment: This chart has been updated
nice entry, have you considered the FOMC?
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I think that it is in perfect sync with FOMC

Good luck
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Vytasbcn Ichimoku_Trader
where could I download this Ichimoku Trader? and in which timeframe you check for that signal to appear?
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well this chart is H4
and I'll send you the signals chart on chat

good luck
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Vytasbcn Ichimoku_Trader
Thanx! did the YEN/USD have the signal for up yet?
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yes
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Vytasbcn Ichimoku_Trader
Thanx! Could you tell me where is the SL there?
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which chart?
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Ichimoku_Trader Ichimoku_Trader
USDJPY is stated on the chart
just read the plan
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Vytasbcn Ichimoku_Trader
Thanx! Just read it and it made things clear.
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great

good luck
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Pinin675 Ichimoku_Trader
HI master!!! could i have that chart too?
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Mhhh... I can't understand the words "lucrative position" :(
If CS decides to go below the Kumo and the price is above it... then trend will going down ?
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lucrative because most of the time price will continue in the original direction which means that you have a long way to go before retracing or reversing.

Good luck
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We are still waiting for the CS pivot to form. I'll update you once it does

What do you mean regarding CS pivot?
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Ichimoku_Trader MarcielSouza
well, I mean that CS should still form a low and retrace. After this retracement, it will become clear what o expect next
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Vytasbcn Ichimoku_Trader
oh, it does not just have to point up?
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highwisdom Vytasbcn
I believe it has to make a low, come up from there, and stay above it.
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The CS pointing up or down has no significance. It is just the closing price moved back 26 periods

It does have other uses that I will talk about later though

Good luck
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What is your next move on this?
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I'm in a second buy with a stop and reverse
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I'am lost.

Why the CS breaking the kumo in sell direction is a buy signal?
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Because that area is the edge of the gravitational pull ;)
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ericholzer Ichimoku_Trader
the horizontal SSB means something in this scenario?
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In this chart, it is strong support
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MC2016 PRO Ichimoku_Trader
Sorry, could you explain what you meant by this please? As far as I can see the CS, TS and KS were all clearly pointing down for the time of this chart. Especially, as you always say to be guided by the KS, what else is going on that actually makes this a buy signal and reason to break the golden rule?
Thank you. MC
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This question was referring to your comment about the 'area is the edge of the gravitational pull' - I understand that the SSB was showing support.
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The CS setup catches harmonic patterns. It is built on the concept of a deep retracement which will stretch KS beyond its limit
So that's why we have the exception
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MC2016 PRO Ichimoku_Trader
Okay, thanks; that's helpful. Does this mean that whenever the CS (and therefore presumably price) breaks through the kumo we should in fact be looking at opportunities to move in the opposite direction to that move? I'm guessing it's not as simple as that! ;-) or was there something else special going on here that meant this was a potential buy situation? thanks.
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My strategy is to always take an early position in the original direction with a stop and reverse at the CS pivot
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MC2016 PRO Ichimoku_Trader
Thanks. Perhaps I was attaching too much importance to the breaking through of the cloud as heralding a change of trend. As you say above 'most of the time price will continue in the original direction'. One final question on this, I presume the CS pivot is (in this case at least) the price at the low of CS before it would then head upwards again?
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yes
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MC2016 PRO Ichimoku_Trader
Great. All clear now and looking forward to putting it into practice. Thanks very much.
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awesome
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hello. what are your setups in Awesome oscilator?? wich one do you use?
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hi

defaults
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Hi Ichi, I did some manual testing on EURUSD over last 6 months in 1H chart. In trending section I see around 16 cases of reversal and 20 cases of continuation of price while CS hits the edge of Kumo (SSB). So, I am kind of concluding that the probability of move from CS set up would be roughly the same in either way. Would you agree?
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no
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aziz.au Ichimoku_Trader
Hi Ichi thanks for your response. Could you share a bit from your experience?
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what entry would we look for on this trade set up?
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HI Ichi, would like to check how do you determine your TP area for this trade?
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krtan2011 krtan2011
Also Ichi, I got several questions as I tried to apply this setup:
1. does CS cutting SSA/SSB makes a difference for this setup?
2. What timeframe can we use this setup on?

and just to make sure I understood, referencing to XAUUSD daily chart, I will enter at 13 October 2016 opening candle @ 1255.599 right? and the SL, I set it at yesterday (12 October 2016) low @ 1249.709?

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I use market structure and
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