Ichimoku_Trader
Short

A bear in the making...

FX:AUDUSD   Australian Dollar/U.S. Dollar
939 16 40
...
Comment: Sold at the KS
Comment: I am now following this chart closely
Comment: Ok guys

I am sorry but I will not be able to comment on this chart any more
it is a good trade but please take care of it each man for himself

Good luck
Comment: This chart will not be updated
Hi you there again, I have some few questions if you don't mind. When we use 4HR Time Frame as reference for entry point,how long does it take to expect the course of direction to shift? Should it be monitored under the same time frame or in the lower time frame? What is the normal range of pips in a day for a continuous momentum, inclusive of retracement period? Your response to these queries are highly appreciated!
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Hi

When we use 4HR Time Frame as reference for entry point, how long does it take to expect the course of direction to shift?
H4 = expect 1-2 nice weekly moves

Should it be monitored under the same time frame or in the lower time frame?
When you trade use only 1 timeframe. When you analyze, do whatever you want

What is the normal range of pips in a day for a continuous momentum, inclusive of retracement period?
That depends on the the timeframe, the pair (FX) and the market conditions. So it does not have 1 answer

Good luck
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Jon88 Ichimoku_Trader
Thank you for these insights. Have a wonderful weekend!
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You too
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AUDUSD - 4h, Daily
+1 Reply
BTW, there are a lot of newbies here who are eager to learn from you. it would be great to have a webinar to learn.
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Thanks. I think our first TP will be 0.73007 as this is first fib level for this breakout. from there it may retrace for a while.
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that's if we maintain a range
but we might break out of it because the downward movement is impulsive
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a question. according to mm, if we have equity of 1000$, what lot size we should use on a trade?
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3-5%
30 to 50 USD per trade
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