FX:AUDUSD   Australian Dollar/U.S. Dollar
1355 89 42
..
Comment: so we have
1. buy the KS
Comment: whenever you see a chart, your first question should be .. are we trending or ranging?
So what are we doing here?
Comment: Those who said trend or range please present your evidence
Comment: ok
here is how I would do it..
Comment: 1. I would decide if this is raging or trending .. it is trending because Mr. CS has privacy (it is away from everything
Comment: 2. i would want to know the strength of the trend ... Also, Mr. CS is telling me that it is not very strong
Comment: 3. So I have a possible trend that is currently weak .. what will i do?
Comment: Well, surely I want to trade a retrace then
Comment: what remains now are the parameters
nice and easy
Comment: ok

I am closing this chart
lots of good info from you guys
Thanks a lot for participating
Feel free to like the chart (if you liked it)


CHART CLOSED
I think buying on KS is a good move
+1 Reply
Ichimoku_Trader CryptoTraderOne
ok


+1 Reply
CryptoTraderOne Ichimoku_Trader
I usually decide a retrace point and put an order at my "guess" point. As you clearly imagine, i generally lost.
But if i learn just one thing from you is "Wait for a signal. Don't just jump in"

Thanks a lot ichi..
Reply
Ichimoku_Trader CryptoTraderOne
my pleasure

Please also try to use my buy zones, they will complete that cycle
Reply
did u mean that we have to buy now???
Reply
Ichimoku_Trader tony1Fxjan2016
no

I'm just asking to improve our skills
+1 Reply
Sell short at 0.722?
Reply
hmmmm

not here
If you do that you will be going counter trend unless you go down some TF
Reply
Wait for price to challenge KS as it has already passed TS, then if it doesn't violate KS, go long
+1 Reply
Ichimoku_Trader Professorr-X
ok, good

but there is something safer
Reply
On Daily chart we have bearish and on H4 we didn't break the cloud. So I think bearish waiting for TS to change direction.
Reply
Ichimoku_Trader nheadmaster
no multiple TF trading please
+1 Reply
Looks like a developing Head and Shoulders, lets wait for the right shoulder. Otherwise wait for it to retest the KS. (You can start with drawing a trendline in a few bars time and wait for the break) :)
Reply
that's also counter trend
Reply
the KS was flat and is now showing it might be going up. Price might retrace higher a bit.
+1 Reply
retrace means move counter trend
up is with the trend
so please clarify
Reply
JaneBlack PRO Ichimoku_Trader
right, I meant to say that in the short term, price might move higher.
Reply
ok
so what is your plan?
Reply
JaneBlack PRO Ichimoku_Trader
Honestly, I don't see a trade here. the H4 chart shows price still in the cloud. I know it might not be correct to look at multiple time frames but I just don't see a trade on the H1.
Reply
ok
Reply
buy at Ks with a signal lv1
Reply
Ichimoku_Trader MarcielSouza
very good

thank you
+1 Reply
MarcielSouza Ichimoku_Trader
we can buy early if there is a strong signal as lv 3 or lv4?
Reply
Ichimoku_Trader MarcielSouza
ok
Reply
it's probably gonna range around TS for a while. Major gdp news are coming out for AUD later
Reply
ok
Reply
I think we are still ranging but might start an up trend.
+1 Reply
how do we know?
Reply
ThePriest Ichimoku_Trader
I don't see two higher Lows so I can't confidently draw an up trend. The previous LL's and HH's have been broken.
+1 Reply
ok

that's important
good point
Reply
I'll see an up trend
Reply
what is your supporting evidence?
Reply
NietoFX Ichimoku_Trader
1. The price is over the cloud
2. the price is doing HH from the last 8 days
Reply
ok
Reply
NietoFX Ichimoku_Trader
How did you define your SL and TP in this scenario??
Reply
I never presented a solution for this
Reply
What I would do is wait until price drops down to the last pivot low around 7226, ideally 2-3 pips lower to trigger sell stops, then wait for a color change because then we would be on KS support. And it would create an expanding triangle, which can generates a strong move!
+1 Reply
carl.vanhaes carl.vanhaes
that's a lot of "if's" I gave to admit
Reply
Ichimoku_Trader carl.vanhaes
yep
Reply
Ichimoku_Trader carl.vanhaes
hmmmm

very dangerous mentality
Reply
carl.vanhaes Ichimoku_Trader
Please say why - I just noted that there would perhaps be an expanding triangle but would not enter long only based on that.
Reply
Ichimoku_Trader carl.vanhaes
for me ...
an expanding triangle is dangerous so i just get out
as a trend follower, why would I want to see the trend change without logic?
Reply
carl.vanhaes Ichimoku_Trader
I understand. Would that mean that if the price continues as it does now and goes slightly under 7226 you would not take the trade anymore, even if you have a Panoptic signal? Thank you.
Reply
Ichimoku_Trader carl.vanhaes
It depends on the trend that broke. Is it major or minor
If it is minor, what is it doing?
that would be imortant to know also
Reply
carl.vanhaes Ichimoku_Trader
Ok, thank you
Reply
Alot of evidence to support, start of bullish trend.
1. higher high/ higher low = up trend
2. double bottom on 1 hour TF
3, Falling wedge reversal pattern
4. inverse head and shoulders - reversal pattern
To reenter, i would look left for previous important structure and wait for bullish PA AT THAT REGION,
Trading on daily so still in and well in profit :D
+1 Reply
snapshot
Reply
nice evidence .. nice plan
Reply
ChimbOt PRO Ichimoku_Trader
This is when the plan comes to fruition,, buy occurred because of the bullish engulfing as mentioned
snapshot
Reply
great job
Reply
Hello everyone.
It's my first comment.

My opinion is wait. There is divergence in AO

Thank you for your work Ichimoku_Trader
Reply
welcome aboard

I see it
Reply
tronner2 Ichimoku_Trader
Thank you!
Reply
Buy 0.7230 SL 0.7170 Target 0.7340 then 0.7405
Sell 0.7405 SL 0,7515 Target 0.7290 then 0.7075

Long term as long as 0.7845 holds the target remains 0.6235
Reply
could be
Reply
I thiink buy the breakout with stop loss at the base of the flag that is forming
Reply
hmmmm

ok
Reply
araguaney Ichimoku_Trader
ehat do you think??, im learning about ichimoku i really like the system
Reply
if u learn it .. u will love it
Reply
Sell 0.72000 too the cloud, wait for the buy candles?
Reply
Ichimoku_Trader StevenK.Fisher
can u chart it pls?
Reply
StevenK.Fisher Ichimoku_Trader
snapshot
Reply
Ichimoku_Trader StevenK.Fisher
ok but that is counter trend
Reply
StevenK.Fisher Ichimoku_Trader
For only a brief time 35 pips or so. You are very impressive, im learning a lot from you sir. thank you
Reply
Ichimoku_Trader StevenK.Fisher
Thank you for the nice compliment

Reply
its range...guts
Reply
Ichimoku_Trader nicholas_myq
why?
Reply
if price stays between ts ks and the price retrace we can go in with a lvl 1 signal to a long position.Now for the stop loss part i think we should put them in the daily pivot.
Reply
but here u will have a problem

There are 2 stages to decide on market strength:
1. before a retrace
2. after a retrace

You are trying to decide during a retrace (so not considering leading nor lagging signals)
you will be knocked out many times at high cost
so i do not recommend it
Reply
enclyptia Ichimoku_Trader
well seems like market strength is not that high cause (green line) i forget its name all the time :P isnt close to price.
Reply
actually (CS) the green line .. when it is close to price that means that the trend (in a trend) is getting weaker
+1 Reply
Hey everyone. First time placing a comment :)

According to the support lines at 0.72257 I think the bulls will take advantage yeah?
Reply
thanks

it is minor support but ok
Reply
what is the name of the bottom indicator
Reply
Ichimoku_Trader phuahpatrick
Awesome Oscillator
Reply
we are going to sell.and we are stop selling when the first candle will close above CS and on first green bar will be at the AO oscillator
Reply
Ichimoku_Trader tmanuelasorina
selling is counter trend
Reply
thank you
Reply
thank you for your teaching, I learned a lot from you today
Reply
Thank you
Reply
The only chance of the AUD increasing in value is if it becomes a safe heaven whilst the UK referendum is approaching. Political moves at the moment,, fundamentally (not including politics) this pair should continue south,
Reply
ok

thanks
Reply
Daily is down but we just hit demand at 0.7150 long on the retest of 0.7150 at 0.7164
Reply
very good
Reply
Hi Ichi, can I ask a question? How do you know from the CS that the trend is not that strong?
Reply
I will make a slide about this subject and send it to you
Reply
I just posted it

let me know what you think
Reply
We finally had this expanding triangle that I saw coming yesterday, with indeed a huge rise ensuing. Unfortunately this happened out of my "business hours"...
Reply
Ichimoku_Trader carl.vanhaes
no problem
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out