Ichimoku_Trader

CS setup time...

Ichimoku_Trader Updated   
FX:EURUSD   Euro / U.S. Dollar
54
Let's do this...
Once we are in this baby, we are going for a while
So get ready for a loooong ride
but first things first .. we need our entry to be nice and cheap
and we need to get out of this area we are in now and away from the kumo
Only then will I feel more comfortable

Good luck

Comment:
I am currently holding 25% of my original trade
I will add another 100% on a retrace and I will do that every day (sell 75% on a target and add 100% on a retrace) until the market kicks me out of the trade
Comment:
Everyone who does not know the CS setup from my PanOptic Method, here it is below:

Comment:
Our setup is building perfectly
Don't be late .. once you get the entry, go for it

Good luck
Comment:
those who sold the CS setup please tighten stops as we are now approaching the DPP where we might start the upward move. By my count it is about 30 pips from the top. Congrats
Comment:
Those looking for the entry: wait for a strong signal to be sure. As you know AUDUSD has flipped so let's just be careful.
Comment:
SSB looks like a nice place to buy
Comment:
That is a risk of about 21 pips
Comment:
Stops at 1.13680
Comment:
I entered at 1.1390 at SSB
Now moving my stop to 1.1378
Risking 12 pips only

Good job
Now we have a very low risk trade
Comment:
Are you guys still alive???
Give me a sign please
Comment:
Thank God...
At least some of you are alive
Comment:
What to expect:

This trade is still in danger because the market has given us mixed signals. AUD broke the lows and is now bearish, GBP broke the highs and is still bullish.

So people are now confused. This confusion makes me feel uneasy until we break the highs
Comment:
But now we are risking only 12 pips so no big deal
and if you go up and clear this hole we are in, we are probably going for a while

I'll keep u updated
Comment:
GBP has almost reached WPP. That is the point I expect we might move down from
AUD is already bearish
EUR is stuck in the middle.

My plan:
Tighten stops .. a lot and start looking at AUD
I already have a position there at the KS

So please be careful
Comment:
Once we reach the KS I am dropping half of my position and I'll keep half
Comment:
50% sold with 25 pips
So I am now at breakeven even if we hit the stop
Comment:
Free trade time
Trade closed: stop reached:
out at breakeven

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