Ichimoku_Trader
Long

I'm with the big boys on this one..

FX:AUDUSD   Australian Dollar/U.S. Dollar
1900 36 57
7 months ago
...
7 months ago
Comment:
Shorting until the market becomes bullish again...
7 months ago
Comment:  
7 months ago
Comment: Comparison of the daily TF
7 months ago
Comment: Please note that all previous trades are cancelled ..

Looking for a long...
7 months ago
Comment: Looking good
Lower target reached and now looking for a long
7 months ago
Comment:
Going up until we go down...
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...
Vytasbcn
7 months ago
I found the like button! I think it is a great analysis. Let's hope it turned out as expected and you keep us updated as always!
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Ichimoku_Trader Vytasbcn
7 months ago
Thanks

What is great about The PanOptic Method is that the analysis helps us to hypothesize about the market direction and the possible scenarios but only what actually happens on he chart drives our decisions to buy and sell.

That's what makes our success rate so high and our RR so great

Good luck
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Vytasbcn Ichimoku_Trader
7 months ago
Yes, you are absolutely right!
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Saravan
7 months ago
I agree. I believe soon there will be a bullish move after some good accumulation. The reason for the deep correction is the rate cut from RBA and monetary policy.
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Ichimoku_Trader Saravan
7 months ago
Thank you
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ptp94
7 months ago
I personally also think long but not for LT but rather a short pip movement upwards towards last resistance

snapshot


I will personally start adding lots i.f.f the RSI shows a long divergence

On the other hand, I think that it is very likely that a new trend channel will form....so lets wait for the time to tell

Thanks

Keep it up
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Ichimoku_Trader ptp94
7 months ago
Thank you
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apollo12
7 months ago
snapshot
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Ichimoku_Trader apollo12
7 months ago
Thank you for sharing
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sorinT PRO
7 months ago
still, what's the reason to be long this pair? It looks like buried in the cloud, why expecting a bounce?
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Ichimoku_Trader sorinT
7 months ago
Thank you for question,

To tell you the truth, we are now at a very critical point in this pair's journey (daily TF). It would be really difficult to say that this pair is going up or down for sure but I am bias to the upside just because the more relevant ichi elements are pointing up at this moment. That could change at any moment.

On the other hand, the nice thing about trend following is that you do not have to follow your hypothesis about market direction but you have to rather follow the market. That is what did in my H1 trade plan.

So from a hy[hypothetical point of view I'm bullish, but I'm trading with the market as a bear.

Great question, thank you for raising it
+1 Reply
sorinT PRO Ichimoku_Trader
7 months ago
sure, it can as well be that it will bounce, that's no problem. But as long as it'S in the cloud and it basically went so deep without any bounce tells me that we might see a continuation of a long-term down trend. Therefore I do not see any sign that this is a buy, yet. I would try at 0.72, just to probe it. Also, this is not a short right now, in my opinion.Thanks for sharing your idea, it's great!
Reply
Ichimoku_Trader sorinT
7 months ago
Thank you,

It is always useful to have counter opinions. This is what makes the market work. I will answer your points one by one:

You said: sure, it can as well be that it will bounce, that's no problem. But as long as it'S in the cloud and it basically went so deep without any bounce tells me that we might see a continuation of a long-term down trend.

My answer: Your thinking about he cloud might be different than mine. I have multiple ways of using the cloud. In this case, i am considering it strong support and adding it as a point for going bullish. It seems that you are thinking of it as an area of equilibrium or at least ineffective support. I also pointed to your opinion in my analysis as it is important but not important enough without actually getting a close beyond the kumo supported by a change in the market structure to the downside.
As for the long term, well the long term is undoubtedly bullish and we are at important support from that perspective as can be seen on the monthly chart
-------------------------------
you said: Therefore I do not see any sign that this is a buy, yet. I would try at 0.72, just to probe it.

My answer: As for seeing a buy, I stated previously that I am trading as a bear currently, so i think we agree on your point and as for trying at 0.72 I would like to know why you chose that specific level is it just because it is a psychological level or does it have other significance for you?
-------------------------
You said: Also, this is not a short right now, in my opinion.

My answer: I respect your opinion but I see it as a short term sell that might stick

Thank you for taking the time to share your opinion. Please keep coming back and sharing. I look forward to your future comments
Good luck
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sorinT PRO Ichimoku_Trader
7 months ago
Following my comment, this is what I am looking at, long term!


snapshot
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Ichimoku_Trader sorinT
7 months ago
Yes as i pointed out above, this is an uptrend

Thanks
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sorinT PRO Ichimoku_Trader
7 months ago
Actually, not. The uptrend from 2001 has been broken. You can clearyl see that the recent uptrend was a pullback to the broken trendline and it was bluntly stopped. And it is a weekly time frame. Thanks!
Reply
Ichimoku_Trader sorinT
7 months ago
Thank you

I might have misunderstood your point and thus wasted my time trying to elaborate on my ideas for your benefit. I thought you were trying to understand my perspective but it seems that you are rather trying to force your opinion. Why would you do that when we are all trying to do our best to understand and trade the market.

The market is about making money not about who's right and who's wrong. So just go ahead and trade our beliefs. You do not need my approval.

Please do come back with an attitude of synergy not opposition.
Thank you again
Reply
sorinT PRO Ichimoku_Trader
7 months ago
Alright, mate, you want me to agree with you :) I see your point. Look, I was just showing you a simple chart and saying that the uptrend is broken. What's wrong with that? I do not force you anything, this is a public discussion site and anyone can post ideas. Right?! Moreover, I am short on this pair from 0.77 is goind well, based on the above chart. I posted it months ago...

However, if you can be so angry only because one chart I post differes from your point of view, never mind, I wont waste my time posting here or reading your stuff. OK?! Now, please chill...
And, please don not elaborate for my profit, I do not need that. Thanks.
Reply
Ichimoku_Trader sorinT
7 months ago
Ok my friend,

I will give this conversation one more chance

1. I do not care if you agree or disagree with me. That is not important for me nor you.
2. Tilted trendlines are not a subject of consensus. There are a million ways to look at them and a million ways to understand and trade them.
3. I am not angry. I am just trying to answer your question. I put a lot of effort into that. We are traders. You do not have to listen to me you can do whatever you want. but if you ask me I should be decent enough to answer you. i did. You are arguing with my opinion. what can I do?
4. Again, I do not get angry with people who differ from my opinion. I like that. Look at my charts, you'll see me thanking people who did that all the time because I know that we are both trying our best.
I do get angry when someone wants to force their opinion on me. I can only be forced by the market.

So please don't stop posting. You can post all you want. But just as u expect me to respect your views please reciprocate

Again I thank you and hope that you are not offended
It is not my intention to offend you
I wish you the best
Reply
thewealthlifters
7 months ago
Hmm, you need to look at the weekly chart, It's like the bears are in action there, what does that says? Maybe a resumption of the bearish trend
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Ichimoku_Trader thewealthlifters
7 months ago
When I do analysis, i look at every timeframe .. always
When i trade I only look at the one I trade

In my opinion, we are at a point where no one knows where we will go. What is nice though, is that we will go to that place for a very very long time.
As you can see, i am now a bear but willing to switch whenever the market says so

Thanks
Reply
thewealthlifters Ichimoku_Trader
7 months ago
Exactly my opinion, what I am seeing now is that move to the downside may be limited as price is moving away from equilibrium and it is quite hard for price to break the cloud without an impending correction considering the steep upward angle of the cloud. So, am expecting a little move downside and maybe a correction upward back to daily kijun and if price could break and close beyond daily kijun, then a resumption of daily uptrend. If not and price falters back, then I will be looking to go short on daily kumo break.

This is my opinion.and am sorry, an not able to post chart, am on mobile.

Thanks
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Ichimoku_Trader thewealthlifters
7 months ago
Hi,

An excellent hypothesis.

Thank you
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king.cholette
7 months ago
the r/s at 1.739 scare me
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Ichimoku_Trader king.cholette
7 months ago
It should
we are in uncertain times
+1 Reply
king.cholette Ichimoku_Trader
7 months ago
yeah i wanna long but the entry is still hide
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Ichimoku_Trader king.cholette
7 months ago
I think we will need a bullish market on H1 and a signal to long.

let's wait and see
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king.cholette Ichimoku_Trader
7 months ago
yup
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Ichimoku_Trader king.cholette
7 months ago
So we go down a bit more to MS2
and see what happens there
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AUDUSD Potential Elliott Wave third wave trade
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SimonBrisebois PRO SimonBrisebois
7 months ago
And sitting on top of the 100 day MA
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Ichimoku_Trader SimonBrisebois
7 months ago
All that too

Thanks
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TonyG Ichimoku_Trader
7 months ago
looks like we hit that target now around 73c... but i am thinking this still looks weak, could drop further
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Ichimoku_Trader TonyG
7 months ago
Well, we only enter on a break of the bullish structure. That puts the odds in our favor greatly
If you we do not make a lot of pips, we breakeven or so

Good luck
Reply
TonyG Ichimoku_Trader
7 months ago
cheers... seemed to have found a fair bit of support at 73 c in the end and rallied from there..interesting to see how long this rally can last.. looks like strong commod prices propping it up for now. .7360 could hit some resistance though.
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Ichimoku_Trader TonyG
7 months ago
Thanks

Let's hope for a quick and strong break of the structure. That's the first important step. From there, things will get better
As for commodity prices, yes I think that is true but I'm not too keen on correlations. It gets confusing

Good luck
Reply
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