Ichimoku_Trader

How I Trend Trade (3)

FX:EURUSD   Euro Fx/U.S. Dollar
You can trade the market and make money using only the KS and nothing else. This is a good method for someone who does not have a lot of time. More complete and complex methods will be mentioned as we go along

TRADING STEPS FOR PURE KS TRADING:
1. Decide on the market direction using the direction of the KS as mentioned previously. If price is inside the kumo (clouds) do not trade for that day.
2. Your job after that is easy. Buy/Sell with an order at the KS
3. Place the stop loss (SL) at the previous day's high/low
4. Everyday, update your SL to the previous day's high/low
5. If the KS goes flat for longer than 25 candles then liquidate the position
6. If you are stopped out then restart the process

I hope you try this method and enjoy its profits

Good luck

Comment: Working on the next slide

Stay tuned guys and please follow, like and comment

Good luck
i love ichimoku but never really got the full benefits seems like a good system
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Ichimoku_Trader oscarpioneer187
Nice and simple

Stay tuned to get the more advanced stuff as we go
+3 Reply
Thanks for the info and analyses keep the good work coming.
+1 Reply
Thanks
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How do you plot the KS line? It doesn't come up on my chart.
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When you put Ichimoku on the chart it just comes with it

Check to see what color it is
Maybe you have the same color as the background
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what are the parameters you use?
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I use the defaults
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what time should i use for to use with this trading method?
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Well, my example is with H1
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Hi Ichimoku_trader, thank for sharing. This is really comprehensive. I will like to ask you some questions:
1) do you use price pattern (such as candlestick pinbar and engulfing bar) to add confluence to your KS trend trading?
2) Do you trade kumo breakout and use it to trade mean reversal too?
3) Whats your logic for liquidate position after flat for 25 candles and stay for a shorter or longer duration (consolidation/accumulation period?). Is this 25 candles same for weekly, daily and minutes chart?

Cant wait to learn more from your future articles. Thanks =)
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You are most welcome

As for your questions...
1. With regard to candlestick patterns, I use them as a secondary tool but only on the daily and over timeframes. I also find that Heiken ashi candles serve me better especially in the lower timeframes because they give me good insight into momentum and possible directional change in the short term. Again all that comes as a secondary and supporting tool

2. Kumo breakouts are nice but have the problem of giving wrong signals when the market decides to range. This is a lot of wrong signals and will probably cost you dearly especially if your money management is not too good. So my answer is, yes I use them but mostly to trade in the direction of the original trend. Also, my market reversal decisions are based 90% on market structure and not Ichimoku signals

3. The 25 candle rule for me is just a rough number that applies to most timeframes whereby my time and price waves coincide. For example H1 is 24 bars per day. H4 is 30 bars per week. The KS is a 26 bar moving median. So the are all close to each other and that's comfortable for me.

I hope I answered your questions satisfactorily

Please keep reading and asking as it makes this interesting for everyone

Good luck
+4 Reply
kaysonchan Ichimoku_Trader
Thanks for taking the time to answer my question

Personally, i am having issues with money management in some part of my trading (such as risk/rewards, position sizing for each trade etc) and looking for a mentor like you to guide me through a more robust and systematic trading process... Is this your only educational platform? or do you have any other blog or pages which i can subscribe and refer to.

Taking on a trading career, be it part-time or full-time is tough, and sometimes on the verge of giving up. If you are comfortable, please let me know if i can contact you privately through emails or messengers etc - as i am really looking forward to a professional mentor like you for guidance. At the mean time, i will offer my part in directing other traders and friends to your educational materials, will be helpful if you intend to offers online courses one day.
I am sure your educational materials will prove to be useful and offers Forex traders with a new perspective in trend trading with Ichimoku as it is often misused or "visually too complex" and make people to stray away from it.

I think it will also be really hopeful if you can cover topics like risk management in future posts, such as how you deem a trade is worthwhile (more than 1 to 3 RRR etc and the recommended %risk of total portfolio)

Thanks and have a great weekend!
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Thank you for your kind words

Why don't you continue reading what I publish and try out my work and if you have questions I will be happy to help
As for more personal methods of help, I'll try to set something up in the future and when I do I'll inform you

Good luck
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thanks for the knowledge
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Thanks for reading it

Please use it and come back with your findings

Good luck
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Thanks for sharing. Love it.
+1 Reply
My pleasure

I love that you love it

Good luck
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Thanks for sharing this valuable trading information, Can you recommend a good book on Ichimoku trend trading.
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Thank you

Well, all the ichi books I have read talk about the same method of trading and the same rules and understanding. I use ichi differently so my answer would be that the book that I recommend has not been written yet.

Good luck
+1 Reply
Hi . Hats off.
very impressive. Did you make Money since?

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Ichimoku_Trader jofansiwork
Thanks

Since when?
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jofansiwork PRO Ichimoku_Trader
Again. Your works are terrific and impressive. When i discover you i was reading a lot of books regarding ICH. But the way presented it opens a new ideas.
My Question is simple, did you earn money since you started this method?
how long did you practice this methode until earning money. With your different steps, it is necessary to have a strong money management.
Thanks in advance for taking time to answer to my questions.

And again you 've done an awsome job by clearify this method.

Glad to ear from you again
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Ichimoku_Trader jofansiwork
Well when I started using ichi I played by the rules of ichi that everyone uses and I consistently lost money because I was always in too late and my stops were always so far and the signals failed a lot etc... But I loved ichi so much and I knew that the problem was with the way of using the system and not the system itself

So I started doing my own research and building my info from scratch. It was a long and nice journey and I'm still on it but using my own methods, I'm very successful and most importantly, I am confident and comfortable

I've been on this journey 5-6 years now spending 5+ hours on it everyday. I'm obsessed by this ...

As for money management, I will discuss that later with you guys

Thank you for your questions and comments
Keep them coming

Good luck
+4 Reply
jofansiwork PRO Ichimoku_Trader
Thanks , i am really excited to ear from you regarding your money management.
I know that people are asking the same need .
thanks for your time , i appreciate it.

CU
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Ichimoku_Trader jofansiwork
See you
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Awesome work and thanks for sharing.

How did you set up the indicator for the Kumo to give you the bullish and bearish colours? Is it your own script?
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Ichimoku_Trader jonathansholmes
No

you can find it in the public indicators
look under ichimoku

Good luck
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lucas1982 jonathansholmes
It's the CM enhanced ichimoku v5
+2 Reply
I'm glad you found it
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Thanks!
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Thank you so much for this as a newbie to trading its really helpful. Appreciate the time and effort
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Thank you for taking time to read it

I hope it works out for you. Please stay tuned for a lot more

Good luck
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It is not clear whether you have done this or merely stating that you will do it in the future when similar situation comes !
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Thank you for your comment

I use the whole of ichi system, so I did trade these past 10 days but I did not restrict my analysis and trades to the KS

My point is that even if I did, I would have made money

Good luck
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good chart
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Thanks

Checkout 1 & 2

Good luck
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Can you recommend a book or any reading article with regards to the strategy you are using? Under Ichimuco format what does the blue line represents! Is it the conversion line or the base line? Appreciate your time to response.
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Thank you for the question

I refer you to my articles
How I trend trade. Have fun

Good luck
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Finally find someone using ichimoku here, nice strategy, simple but powerful. I'm new to ichimoku, and all the setings are default?
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Thanks

Yes, all the settings are default

Good luck

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Thanks for sharing .Do You use lagging line? meaning once you see price above Ks you take the trade (sl below previous days ,,but what if it turn back and stopped you out) isnt lagging line also need to close above to confirm. what percentage of success rate did you get during the past 5 or 6 years that you have been using ichi.Thanks again
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Thank you for your question

Yes I use the chikko span to understand the market structure
The method I described only uses the KS
The more advanced you are the more elements you will use

The chikko span is the last element you will understand and probably the most critical
I will be explaining the CS later on

As for my trading, when I started using ichi I played by the rules of ichi that everyone uses and I consistently lost money because I was always in too late and my stops were always so far and the signals failed a lot etc... But I loved ichi so much and I knew that the problem was with the way of using the system and not the system itself

So I started doing my own research and building my info from scratch. It was a long and nice journey and I'm still on it but using my own methods, I'm very successful and most importantly, I am confident and comfortable

I've been on this journey 5-6 years now spending 5+ hours on it everyday. I'm obsessed by this

I hope i answered your questions
Good luck
+2 Reply
vaios664 Ichimoku_Trader
Wow its too long in trading industry ,,,,,,,,,so you mean you gain a million dollars ,,,,,!!!! look I am now newly in forex industry and I try to understands all information regarding in FOREX,,, I am Filipino and theres a luck of information in my country about forex, so MR.ichimoku can you give me a link that can subscribe too maybe,youtube/blog can follow as well thanks
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Well,

You can follow me here .. This is the place I post my stuff
and if you have questions, I'll be happy to answer

Good luck
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snapshot


Here I would have lost every single day.
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Thanks, Great comment

First of all, this is a range, not a trend
You use ichi in a different way in ranges
I will be teaching that later

Second, if you follow my KS trading rules you will not have lost every single day as you have stated. So please do the exercise and come back with the right results to share with us

Good luck

+1 Reply
Infact, you would have made some nice profit
+1 Reply
Thank you for this material. i download many books about ichmoku but i didn't dare to finish a page because there were too many information. But you cant believe i red all your articles and within half an hour i feel that am ready to hit the market with Ichmoku Kijun Se trade set up
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Fantastic

Please come back with any questions

Good luck
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Majaliwa Ichimoku_Trader
Yaah i need a few explanation about that indicator you use on the bottom of the chart. The one look like MACD
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The indicator on the bottom is called the awesome oscillator. It measures the momentum of the market. Ichimoku also measures momentum and even gives more detailed info about it but I like the AO and I use to gauge momentum, to count Elliott waves and as an entry confirmation tool

Good luck
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Antilogs Ichimoku_Trader
In terms of counting Elliot Waves do you use a similar approach to Bill Willams who uses the AO? Also, for trading are you looking to trade wave 3 and 5 in Ichi and avoid wave 2 and 4 or do you use the wave count for something else?
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First of all, I have to give my respect and admiration to Bill Williams who I consider one of the greatest trend traders / theorists in this business.

Second, his AO is one of the best indicators there are, and it can actually be used as a complete stand alone trading system

Third, wave counting can be done using any oscillator. So it does not have to be the AO. I prefer the AO because I use it to confirm things. As for wave counting, ichimoku is the most superior tool that you can use to count waves. I've even seen some Elliotticians introduce it as part of their systems

Fourth, Any trader should look to trade impulsive waves, but ichimoku gives you the chance to do more than that. My personal preference is to stay in a trade until I am kicked out by the market (read about my MM is my slide #7). So my job is to only manage the money once I'm in a trend.

Thank you for your question
+1 Reply
Antilogs Ichimoku_Trader
For Ichimoku wave counts are these in relation to Ichimoku wave theory?
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I don't know what ichimoku wave theory is.

But I have developed tradable waves that integrate with ichimoku. I call them time and price waves. It's a bit long so I will not go into it now

THanks you
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Antilogs Ichimoku_Trader
Gosada developed the three pillars of Ichimoku: The Time Theory of Ichimoku which too about 4.5 Years, the Price Theory of Ichimoku and the Wave Theory of Ichimoku. I am very keen to see how you will expound on the time and price theories! can not wait
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Thank you

Maybe you mean Hosoda.

Well, I'm not familiar with his work directly but I have read some books which mention the use of time (a bit similar to fib time zones and even more complex) but I do not use that aspect as described by the writers of those books.

Also, with regard to the aspect of waves, I think it would be more accurate to describe them as mostly projections and not waves as I doubt that they were thought of as waves. Again, I do not use that aspect either as described in some of the books that I have read.

I do however, use ichimoku in a unique way which I have personally developed and which builds on some but not all of the traditional ichimoku methods but which also differs in many aspects. To complete my method, I have also developed a method to integrate with ichimoku which I call time and price waves.

Thank you again
+1 Reply
Antilogs Ichimoku_Trader
Yes you are right I meant to say Hosoda Goichi (Ichimoku Sanji)! That is fantastic because looking at Ichimoku through your eyes will be the game changer for me! that is why I mentioned I am keen to see how you apply time and price into Ichimoku from your persepctive!! good stuff I am looking forward and many thanks indeed
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Thank you
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Hi! Thanks for your educational explanation about Ichimoku! Great, crystal clear

One (dumb) question : What is NFP?
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NFP is very important news about the American Job market which has a great effect on the USD
It stands for (non farm payroll)

Thanks for asking, it was not a dumb question
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VinceBS Ichimoku_Trader
Thanks :-)
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No problem
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This was one of most helpful posts I've read on Ichimoku using the KS as the main tool. Thank you!
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you are welcome
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Thanks
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You have mentioned this is a 1hr chart - Am I right in thinking D1, D2 etc stands for Day 1, Day 2
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Ichimoku_Trader SaeedRehman
Yes
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Antilogs Ichimoku_Trader
Your job after that is easy. Buy/Sell with an order at the KS : Do you mean placing a pending order (e.g. Limits or Stop Orders) at the KS depending on the direction of the market?
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Well you can do that or you can do a better job with entering on a signal. See my slide #8

Good luck
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Dear Ichimoku Trader, could you please elaborate a bit more on Stop Losses ? more precisely, are you always moving your SL to the previous day's high or low whatever the timeframe you re using, Here you re trading on a 1H chart... and move the SL to previous day.. If you were trading on a 5 min TF would you also look at previous day high and low or would you look at the last 6H or 4H previous high or low ?
Thks for your time and great slides
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Ok

God willing, I will make a slide about SL soon

Good luck
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thanks for the educational

I have a doubt

when you say buy at KS you mean buy limit order at KS? for example in D3 the price never touch KS so no trade? correct?
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Hi

Yes correct
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ericholzer Ichimoku_Trader
thanks

a sort of Kijun rebound --)
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Maybe I'll call that
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I know it may sound like a dumb question but why would I need to know the high and low from 26 periods back exactly?

Also can you clarify some sort of how you determine a flat line of 25 candles? what exactly do you consider flat line? reason why i ask is because if i can't determine this level, then i'll get stomped out.

Thank you kind sir
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It is not a dumb question..
The PanOptic Trading Method is built on the concept of trading a higher timeframe at a lower timeframe without having to refer to the first one
The 26 is the connection between the 2 timeframes.

As for the KS, it is simply when no new highs or lows are made within a 25 candle period

Good luck
+1 Reply
fatkumo Ichimoku_Trader
i can't wrap my head around a 25 period break of high or low. Unless you can really point out on a graph I can't really understand the difference.
Do you think the Aroon oscillator (25) would help in determining a confirmation of no new highs or lows to liquidate?

Also I haven't really see you talk much about your use with the Awesome Oscillator. Have you ever aborted a trade based on it such as if you were going to short and the AO is showing greenbars what would you do?

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1. Here is an example:

KS25 setup...


2. AO is an oscillator so no need for more of the same
3. I use ichi for everything. AO only confirms
+1 Reply
fatkumo Ichimoku_Trader
Confirms ok, but how? you mentioned to buy between the ks and ts... but i'm noticing the AO will show opposite color rendering the confirm to me confusing.

For instance on your example chart: 6-03-2016 @ 14:00 (to short) shows Green AO and the histogram was closing in on 0.00 it goes back to red at 15:00 when the candle is out of the ks & ts territory.

This would be confusing for me. So i guess what i'm asking is:
If i'm looking to short what are requirements for AO to confirm? Red Histogram and/or to be below 0.00? And to long Green histogram and/or to be above 0.00?

Do I just ignore that and focus on KS & TS?

your insight is invaluable as i'm tenaciously learning this.
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If you look at all my posts, you will notice that I almost never mention AO
Ichi has everything .. better
So just learn that
AO is just for support

Good luck
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fatkumo Ichimoku_Trader
It's a clearer to me now.
I appreciate your responses.
Thank You
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great
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Name of oscillator on the bottom not the AO the other one.
some sort of momentum indicator?
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I really don't know
I tried it for a couple of days and then dropped it because it was redundant

Sorry
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I see that when you bought again D9 the CS trend strength was showing roughly 8-9 bars of trend strength (3/30/16 18:00), I'm guessing anything above 5 is a reasonable number to go in with?
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1+ is ok
the stronger the better
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Thanks for the info. But where is the high of D1 that you are referring on D2? Can you please pinpoint it?
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Ichimoku_Trader StarGazer23
@StarGazer23,

Hi,
it would be around 1.285
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StarGazer23 Ichimoku_Trader
@Ichimoku_Trader, thank you for answering. Do you just use ichimoku for a trending market and not on a ranging market?
If you are trading in a ranging market, do you still use the ichimoku or other tool?
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Ichimoku_Trader StarGazer23
@StarGazer23,

I use ichimoku for all markets
Infact, ichimoku is the only tool that can be applied to both trending and ranging markets
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StarGazer23 Ichimoku_Trader
@Ichimoku_Trader, when you are trading ranging markets, do you still follow your rules along with the kijun sen or you change some of it?
Can you please give an example how you trade the ranging markets?
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Ichimoku_Trader StarGazer23
@StarGazer23,

in ranging markets, all the ichimoku elements turn into something else. They have to be read in a different way and they act in a different way as well

That includes KS

Also, ranging markets are not all the same. So again, depending on the type of range, things will change including what the ichi lines mean and do
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StarGazer23 Ichimoku_Trader
@Ichimoku_Trader, what are the type of range that you know? I have no idea that there's different kind of range and also do you apply different rules in a ranging market?
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Ichimoku_Trader StarGazer23
@StarGazer23,

2 types of ranging markets

1. tradable ranges (these are usually happening on a higher TF)
2. untradable ranges (for those you need to adopt breakout strategies. In my system, you can use the KS25 setup to capture them

"The greatest adventure is figuring out the mind of another"
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StarGazer23 Ichimoku_Trader
@Ichimoku_Trader, thanks. I haven't read all your trading ideas. Can you please tell me about the KS25 setup?

Can you also please share your ideas on how you trade in a ranging markets and also what are the rules to follow?

Thanks for sharing your knowledge about ichimoku.
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Ichimoku_Trader StarGazer23
@StarGazer23,

Here are some examples of KS25 setup

KS25 setup...

Possible KS25 setup...

KS25 setup...

KS25 Setup...

KS25 Setup in progress...

KS25 opportunity...

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StarGazer23 Ichimoku_Trader
@Ichimoku_Trader, how will you know if there's a momentum on that certain time of trade?
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Ichimoku_Trader StarGazer23
@StarGazer23,

Look for big candles that usually move TS, KS and SSB to the required direction
A big candle is sufficient, the rest are confirmation signals
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StarGazer23 Ichimoku_Trader
@Ichimoku_Trader, I mean, what indicator do you use to find momentum?
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Ichimoku_Trader StarGazer23
@StarGazer23,

To catch the begining of momentum, use the candle size
To understand momentum after trend development, use TS for the ST, KS for the current TF and SSB for the LT
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StarGazer23 Ichimoku_Trader
@Ichimoku_Trader, what does ST means?
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Ichimoku_Trader StarGazer23
@StarGazer23,

ST = short term
MT = medium term
LT = long term
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Ichimoku_Trader StarGazer23
@StarGazer23,

The angles of the lines show you the current momentum on the 3 different TF
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StarGazer23 Ichimoku_Trader
@Ichimoku_Trader, the angle of the lines of the TS,KS and SSB? but I should give more relevance to kijun sen because it's the market?
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Ichimoku_Trader StarGazer23
@StarGazer23,

The KS is your guide so you should always revert to it to understand what the market is doing and what you should do
The other lines only support in certain situations and are also supplementary tools of entry/exit
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StarGazer23 Ichimoku_Trader
@Ichimoku_Trader, thank you for responding to all of my questions.
God bless!
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Ichimoku_Trader StarGazer23
@StarGazer23,

Happy to help..
Happier to create more questions in your head

Good luck
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StarGazer23 Ichimoku_Trader
@Ichimoku_Trader, Hello, I have a question.
Do you also trade the lower timeframe?
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Ichimoku_Trader StarGazer23
@StarGazer23,

Hi

I trade all timeframes
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StarGazer23 Ichimoku_Trader
@Ichimoku_Trader, How do you pick for a trade if there's a nice setup for that pair and that timeframe?
and also do you use the same method on all of the timeframe?
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Ichimoku_Trader StarGazer23
@StarGazer23,

There's always a nice setup on all pairs, all you have to do is just sync with the market
You do that through following the KS and using it to get the best deal that you can
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StarGazer23 Ichimoku_Trader
@Ichimoku_Trader, And also do you place stop loss when you are trading the 1 minute timeframe? And where do you place them? candle previous high/low also?
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Ichimoku_Trader StarGazer23
@StarGazer23,

I always have stops
There are multiple ways to place stops but a great way that you can use generally is to place your stop beyond the last KS pivot
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StarGazer23 Ichimoku_Trader
@Ichimoku_Trader, how do you look at the market structure for that certain trade? Do you rely on the kumo clouds?
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Ichimoku_Trader StarGazer23
@StarGazer23,

To answer your question I'd have to know what you mean by market structure
As for the Kumo, it is just the KS on a higher Timeframe
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StarGazer23 Ichimoku_Trader
@Ichimoku_Trader, what I mean is the overall market sentiment if it is bullish or bearish?
Does my question make sense? Sorry for asking so many question.
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Ichimoku_Trader StarGazer23
@StarGazer23,

Please go to my educational section and start reading from the bottom
You'll find the answers to most if not all of your questions

TS, KS and SSb are actually reflections of what the market is thinking
Here is a slide that describes that and if you ook before that slide on my page you'll find a couple of slides that talk about how this works

An Example of trader "psychoanalysis"...
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StarGazer23 Ichimoku_Trader
@Ichimoku_Trader, got it. thank you for your help.
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Ichimoku_Trader StarGazer23
@StarGazer23,

Happy to help
Reply
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