FX:AUDUSD   Australian Dollar/U.S. Dollar
1258 93 54
Please like the chart AND like the comments by pressing the arrows right under them
Comment: not an exciting chart for you guys?
I think this chart has a lot of interesting things in it
Comment: anything else?
Comment: what is the current trend strength?
Comment: Remember how we measure trend strength?
Comment: So we now have:
1. break of the critical level
2. KS is now down
3. Trend strength is positive (9 or 26 depending on the close)
Comment: what else?
Comment: Notice how ichi is drawing a clear picture for us of all the elements that we need to look at and evaluate

So what else?
Comment: Any one here?
Comment: So I guess you guys have no more analytical insight than what you have already presented (although there is so much here)

OK so how would you trade this .. if you want to trade it?
Comment: what is the problem with this trade?
Comment: Guys, yesterday I discovered that you can like the comments by pressing the arrow just under the comments, so please make it a habit .. thank you
Comment: so who would want to sell?
Comment: The question that should always haunt you is .. what is the market doing?
Comment: Where is the next major support?
Comment: no one knows????
Comment: Guys, I am not telling you to sell or buy or anything, today is Thursday, a rate decidion is coming, and NFP tomorrow. So today, we will probably see a big spike up and down in most pairs thus blocking the seen for tomorrow's NFP

But we are just practicing
Comment: So does anyone have a good support level with a reason???
Comment: So if you guys look at the last comment with a chart, you will know that ichi actually shows you the S&R levels that actually worked before when you are going counter trend
So just look left to those flat lines on the kumo
the longer the flat line, the stronger
Comment: Very important
Comment: So next big support is 0.72067
Trade closed manually: ok

I'll stop here since we don't want to overload you with info
Good learning
good luck
Comment: please be kind and like the chart and like the comments
break of critical level and retest could bring a chance for short
+2 Reply
You are right
anything else?
+2 Reply
garfield7 Ichimoku_Trader
price broke down the cloud an cloud colour changed recently
+2 Reply
ok so we have more analytical input
nice
what else?
+2 Reply
garfield7 Ichimoku_Trader
i´d try to sell on break of the low of the red candle with stop above the cl
+2 Reply
so you are now in the market
+2 Reply
garfield7 Ichimoku_Trader
no, i´m not ....
i´m not very good at ichimoku and only use this conversation to check with an expert and the community, if my ideas were right
only educational for me at this point
+2 Reply
Yes .. I am saying that according to your hypothesis, you would have already entered
correct?
+2 Reply
garfield7 Ichimoku_Trader
yes, that´s right
+2 Reply
ok .. so can you revise your stop please
+2 Reply
garfield7 Ichimoku_Trader
stop above the high of the candle that made my entry
and.... i have no idea about a target
+2 Reply
That is a very good strategy
That entry candle is a great stop with very little risk and if you are stopped, try again.

As for the target, the right way to do it is be targetless
let the market kick you out
+2 Reply
garfield7 Ichimoku_Trader
i guess support is around ,718
+2 Reply
how did u figure that out?
+2 Reply
garfield7 Ichimoku_Trader
the ,717 / ,718 area supported several times in higher timeframes
+2 Reply
ok

but I am not going to other TF to look for S&R
+2 Reply
garfield7 garfield7
then again this area.... going to the down in a channel built by zhe high of may 23 and yesterday and the lows of may 24 and 29
+2 Reply
I'm confused
can u chart it pls
+2 Reply
garfield7 garfield7
snapshot
+1 Reply
ok
+2 Reply
garfield7 Ichimoku_Trader
took some time as this was my first chart here
but now if found (and liked) the correct answer based on ichimoku
+1 Reply
Great
+1 Reply
Change of direction of the KS
+2 Reply
Ichimoku_Trader CristopherCerrato
That is very interesting also especially that we also broke the CL
+2 Reply
I think that trend it's enough strong, it's possible that could be a bearish trap again? I put the reference of critical level a few pips more down. But I don't work with the default values. Sorry for my English.
+2 Reply
do u mean it is not strong enough?
what is the value of e trend with you?
Also, what makes you think it is a bear trap?
+2 Reply
Current trend strength is 25 , strong trend
+2 Reply
CristopherCerrato CristopherCerrato
oh wait I think is 9, is hitting the low of one of the bars
+2 Reply
Ichimoku_Trader CristopherCerrato
yes exactly
+2 Reply
Ichimoku_Trader CristopherCerrato
ok
actually, it is now negotiating 26 or less depending on where it closes
but both ways, I think it is something to work with
+2 Reply
i see low volume from the indicator , so the trend is weak . i am still very poor with ichi :(
+2 Reply
where do u see low volume?
+2 Reply
TAJIR_B Ichimoku_Trader
in the indicator,is it a MACD right ?
+3 Reply
no
awesome oscillator
+1 Reply
have you got a link for me to learn how you measure trend strength?
+3 Reply
Ichimoku "The PanOptic Trading Method" / Using CS...
+6 Reply
Monkii888 Ichimoku_Trader
thank you
+3 Reply
my pleasure
+2 Reply
atalmhawes Ichimoku_Trader
Could you please explain how do you count the trent 25 and others?

from and where you start and end.

I love your chart and your comment thank you very much
Reply
thank you

you start from when the KS went flat and you keep counting as long as KS did not move due to new prices
Reply
atalmhawes Ichimoku_Trader
now it's clear

thank you.....
Reply
great
Reply
atalmhawes atalmhawes
CS or KS on the chart CS?
Reply
??
Reply
atalmhawes Ichimoku_Trader
on this comment:

"you start from when the KS went flat and you keep counting as long as KS did not move due to new prices"

do you mean

Chikou Span or Kijun-sen
Reply
Ichimoku "The PanOptic Trading Method" / Using CS...
+3 Reply
Monkii888 Ichimoku_Trader
thank you
+3 Reply
I will wait if the price continues to fall, CS pass underneath Kumo and then to take a position for buys. CS setup
+3 Reply
hmmmm

ok but very late
+2 Reply
We also have a kumo twist and CS has crossed price action and now below price action.
+2 Reply
in the PanOptic Method, a kumo twist is not really a signal. It is a sign of something but not a signal
As for CS crossing price, what does that mean to you?
+4 Reply
ThePriest Ichimoku_Trader
CS Crossing price action means for me a change is trend direction?
+2 Reply
ok

why is that?
+2 Reply
ThePriest Ichimoku_Trader
Its actually CS cross a medium to strong one.
Reply
that is traditional ichimoku
I do my PanOptic Method
Reply
ThePriest Ichimoku_Trader
Oh ok
Reply
Problem is that we are still inside the Kumo?
+3 Reply
Ichimoku_Trader CristopherCerrato
That is a very good point

you see this is a counter trend move (in terms of the higher TF), so we will be limited in our movement until we leave the kumo. but ourr trade is good because we have the KS on our side. So our only problem will be this support

Very good
+2 Reply
Wait for pull back, Open short ideally at TS or around 1.7240, SL 0.7247, TP1 0.72 TP2 0.7150
+1 Reply
so you would want to sell
and you have a plan
good
+2 Reply
Is it not too late?
+1 Reply
but his plan is to on a retrace
+2 Reply
Will only sell if it breaks below yesterday's lows.
+2 Reply
it already did
+2 Reply
SkyrEk Ichimoku_Trader
AU been choppy and moving in a range, so i don't really have a bias for this pair even though the general trend is bearish, but the momentum of the bears had slowed down.
+2 Reply
so u will not sell yesterday's break?
+2 Reply
SkyrEk Ichimoku_Trader
Nope. I will wait for a clearer price action signal to enter the trade. Current price action doesn't show any clear signals. Imho
+2 Reply
so u changed your mind
That's ok too

+2 Reply
SkyrEk Ichimoku_Trader
Whats your personal take on AU?
+2 Reply
i don't usually trade 3 days before NFP
so even my USDCAD trade was a strange event
So I'm currently with no take on everything
+2 Reply
support 0.7215
+1 Reply
Why do you say that?
+1 Reply
FBO Ichimoku_Trader
0.7215 has been a major pivot point for the last 2 weeks, intermediate low on 31/05
+1 Reply
ok

we are close to each other but i got it from this chart
+1 Reply
Buy Stop at 0.72385, SL 0.72170, TG - it could break yesterdays high, but at the moment just targeting Todays High.
+1 Reply
hmmmmm
so you are in a buy?
+1 Reply
shekhu27 Ichimoku_Trader
Only if it takes me in trade. the next 3 1H candle would tell, if I am should close manually. PS, I am not a Icimoku trader by the way, just following the 1001 project. Still new in trading. Great info here. thanks for all your sharing
knowledge
+1 Reply
my pleasure
+1 Reply
shekhu27 shekhu27
Market Buy Entry now with stops at the Tuesday Daily open pivot. Looks like completion of ABC Correction as well. Lets see. its a small risk. Taget in this case is yesterdays high. or even the Daily Resistance at weekly 36ema. Any suggestions
Reply
please send a chart and mark it
Reply
0.72079 and 0.71996
+1 Reply
Why do you say that?
+1 Reply
supports in the chart
+1 Reply
where?
+1 Reply
 
+4 Reply
Very good
that is exactly right
+1 Reply
Vytasbcn Ichimoku_Trader
So then actually it could have been a fair bet to short on the break and target the supports. Though I would not know for good SL levels. Maybe tight? Previous candle high?
+1 Reply
very nice especially once you break the previous ones.
But also watch for S&R of the CS

This strategy is very nice on larger TF
+1 Reply
It could be an accumulation (but also redistribution ...) as it precedes a fall, but these situations are dangerous because before defining the movement, professionals always want the best price and it is very possible hunting SL. My opinion is to wait for the movement is defined.
+1 Reply
ok
+1 Reply
That was a good learning session, something to remind us. Time by time I do not notice them when I look. I need to be more careful for the future and take into account more components.
Reply
very good
look where it is now
and look what it will face in a bit

That support we talked about
let's see what happens there
+2 Reply
Vytasbcn Ichimoku_Trader
Yeah, wow.
Reply
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