BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
$BTC #IchimokuIndicator Screaming Buy Here on 1DAY Chart
1) Price Resting at Tenkan Sen
2)Tenkan Sen provides support to price momentum
3) Kijun below Tenkan Sen Indicating Buy Signal
4) Price inside Kumo indicating Price consolidation
5) Chikou Span above Price
Is is better to miss 100 trades rather than facing 50% loss
Dear VerthangOG, based exclusively on Kumo, where would you use your stop-loss?! The way that I had learnt, I would put my stop-loss right a little bit below your Kijun-Sen, which is a hell of loss (for the actual moment of my post, this stop-loss can cost-me around ~9% loss!)

I use standard Ichimoku settings and based on Daily time-frame, Kumo for sure gave a way faster entry long price on April 13th and for the actual moment my stop-loss can cost-me around ~4%.

I really want to understand how you, Josh, and others use Kumo with its settings doubled. It is too damn slow =(
+1 Reply
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