Ichimoku_Trader
Short

If at first you don't succeed ...

FX:EURUSD   Euro Fx/U.S. Dollar
1424 13 35
Let's try another run to the WPP            
Comment: Please make sure your stop loss for the first trade is about 10 pips above the critical level

Thank you
Comment: Things are going well so far.

1. We want to cancel our buy a breakout trade now. So the critical level will be a stop loss only level now
2. We will update our stop loss position once we break the lows

I'll update you
Good luck
Comment: We are almost at our target

I just liquidated 50% of my position and kept the rest for the target

Good luck
Comment: Please adjust your stops to 1.138 which is below our entry price

If you have pocketed some of your profits then good for you
If not then adjust the stops to make sure you at least make a few pips and no losses

I'm still a strong believer in the trade

Good luck
Trade closed: target reached: Congrats
Thank You .daily candle yesterday and today(yet to close) are inverted hammers .Reversal imminent GBP USD which runs 80% of the time in parallel is on a downtrend therefore down move is to follow
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thank you for the good news
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Pleasure
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What is WPP?
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weekly pivot point
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whats the kumo? can you recommend any books to get me up to speed on Ichi?
Reply
The kumo is the cloud like thing on the charts

there is lots of stuff on the net about ichimoku. Just do a search
More importantly, read my stuff that I posted here

Good luck
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Can you please advise the profit targets? Thanks
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I did
I said we are targeting the WPP

Good luck
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what is WPP? thanks
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weekly pivot point
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hi bro, much appreciated for the quality, informative posts. was wondering, what settings do you for your ichimoku
Reply
Ichimoku_Trader Patmanmatara
hi
thanks

just the defaults
don't change them unless you are an expert and even then you better have a really good reason

good luck
Reply
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