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Ichimoku_Trader
May 9, 2016 12:09 PM

Going long but only on strong signals... Long

Euro Fx/U.S. DollarFXCM

Description

I said at the beginning of this month that trading EURUSD is dangerous this month. So please be careful taking this trade and make sure to have sound money management.

Comment

An important note:
When the TS and the KS become one line, that is a sign of very low market momentum, you do not want to be in the market. However, if they start to turn together in the same direction, that is a sign of very strong momentum.

So flat = no momentum
Angled = Very high momentum

Comment

Become one line means that hey are on top of each other

Order cancelled

This trade has been updated with a new one
Comments
king.cholette
Ichimoku_Trader
Thanks

Nice chart
Ichimoku_Trader
i'm with you
I just need a sign
kinkohyo
Why is Level4? Your previous stuff has Zone 1,Zone 2 and Zone3.
Ichimoku_Trader
the level has to do with the strength of the signal
The zone is the location where u will enter
Vytasbcn
Sounds a good plan
Ichimoku_Trader
let's hope so
EGEfx
hi! agree! 2 attempts last week; the first one touched and 2nd one broke the kijun! those wicks could be some hints for the abondoned area up there and seems ichimoku slowly shaping to same point ( I think there is target about 1.15400 which exactly you marked it on your chart!) what a chart again...thanks...have a nice day, I hope your community will make some profits with this beatiful chart! ( as you said strong signals should be waited)
Ichimoku_Trader
Let's hope for the best
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