Was just observing how prices react to murrey math lines and finding some impressive price action around these lines...
Ichimoku defines what is the equilibrum price levels and MML defines what is the price extremes. So when prices go to any extremes we should be ready fade the price back to equilibrium. Once the prices are in equilibrium meaning inside the cloud, we can then make use of ichimokus trend follwing method to trade..
How much to get this Sir? May you email me to beautychloo@gmail.com.. Tq
ankushbagwale
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SO you suggest the prices will come back to the equibrilium suggesting an upside?
Nanda86
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@ankushbagwale, when prices reach one of those extremes...kijun and tenkan both becomes flat..suggesting less buyers in case of 8/8 resistance...then price has to move back to equlibrium to find buyers..your edge is understanding that fact there is less buying going on instead you should be looking to short..
ankushbagwale
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@Nanda86, Perfect Nanda. Very keen observation. I think I need to refresh the Ichimoku system once again.
Nanda86
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@ankushbagwale, but do your analysis...i just found out these..see more charts..and how react those areas..MM lines gives you frame of reference and making you less emotional...
HEMANTHAUDIO
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This is so cool.. So when the price away from tenken ( disequilibrium) we can trade that also to the mm lines of support....... Interesting finding 👍