FX:EURUSD   Euro Fx/U.S. Dollar
1909 176 35
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Comment: Still waiting for your ideas...
Comment: I'm going to give you a hint that is so important that it could actually change the way you look t the market and trade ...

ARE YOU READY FOR IT?
Comment: So, we now have three schools of thought

1. trade a breakout of the range
2. trade a breakout of the range but after an hour
3. trade a breakout of the range in the direction of H4
4. Trade tops and bottom of the range

Any more???
Comment: 4 scholls actually
Comment: Any more ideas?
Comment: So, we now have 5 schools of thought

1. trade a breakout of the range
2. trade a breakout of the range but after an hour
3. trade a breakout of the range in the direction of H4
4. Trade tops and bottom of the range
5. Stay out

Any more???
Come on guys ... go for it .. don't be shy
Comment: Are you ready for my hint?

or maybe i should send it in private chat to those who request it only???!!!

Not sure
Comment: not interested in the hint???!!!
Comment: THE HINT:

The market almost never leaves targets without achieving them
Comment: So did you all understand my hint?
Comment: This morning one of our dear traders asked me about EURUSD. It was still ranging
I told him where it will be going exactly
and what I told him is what happened
I used this method of completion

So please ask me about it if u did not get it tey
Comment: It will be a great tool in your tool box
Order cancelled: Ok guys. great discussion. I'm beginning to like these discussions. I think they add value

Let's concentrate now on EURUSD and the NFP
See you on another M15 chart soon

I will answer pending questions on this chart
Just give me a bit of time
Comment: I hope you understand achieving targets after looking at the EURUSD chart

Love you all
Good luck
scalping today?? Germans have holliday..could be poker today
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True,

Let's do it as an exercise with 0.01 lots
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pete_hef Ichimoku_Trader
ok...learning by doing :-)
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Yep

But it seems, we have a shy crowd today!!! lol
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OK: buy stops and sell stop orders at the range, just few points not going through the edges with TP also
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why don't you make a chart and snap it on here
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Vytasbcn Vytasbcn
Oh, and they should include stop loss, but then it has to be more than 14 points away...
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So u r suggesting a breakout trade

What are the highs and lows?
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Vytasbcn Ichimoku_Trader
highs of 909 and lows of 852 or so
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wow

that's 50 pips almost???
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can you please make an analysisi for eurgbp? how can we try to predict a head and shoulder formation using the ichi
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We do not trade pattern signals. They are built on the concept of reversals. We trade with the trend

We do catch H&S though by just trading our method

good luck
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reefque Ichimoku_Trader
need to learn more of this technique. Thanksssss
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well, try your luck here
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reefque Ichimoku_Trader
i dont know how to trade this pattern..
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H&S?
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reefque Ichimoku_Trader
This pattern on your chart..ranging but too small pip. what i think is it would be developing as the expanding triangle pattern going to NFP??
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maybe

I like your point of the range being too small.
I would call this a non tradable range (in terms of buying bottoms and selling tops)

Thanks
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reefque Ichimoku_Trader
yeah..too small..it just broken to the downside..thankfully i made a position already..since yesterday. So is that the point that you mean about achieving target? meaning the downside target?
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yes
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reefque Ichimoku_Trader
But where is the target? the critical level?
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No
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No!
Heikin Ashi CANDLES
!
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Why not
Go for it
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Sleuthy Ichimoku_Trader
I'm already in
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well tell us how and tell us your expectations
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Sleuthy Ichimoku_Trader
TP 1.1540
As noted before Germany is on holiday...so I don't see much movement going past this before returning back south...possibly settling back at 1.1480.....thats just my analysis...so don't bank on me lol
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ok

but I didn't get the TP part
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Market is still flat... cloud is thin... every first breakout could be failed?
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ok

so u r saying that you would not trade this
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pete_hef Ichimoku_Trader
no ...i do NOT trade this pair at moment!! Lets see what te "other" are doing first :-)
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ok

nice idea
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Wait for the break of 1.14930 on a minimum of 1hr and scalp 20-30 pips to the upside.
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Ichimoku_Trader DylanMorgan
you mean regardless where the break happens (up or down)?
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DylanMorgan Ichimoku_Trader
Sorry I should have clarified more. On a break above close above 1.14930, go long for 20-30 pips.
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Ichimoku_Trader DylanMorgan
can u tell me your logic for the hour's wait please?
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DylanMorgan Ichimoku_Trader
its just an extra confirmation for myself. Of course for every chart and situation it is not necessary but sometimes it does help.
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Ichimoku_Trader DylanMorgan
ok

good point
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SajjadHaider Ichimoku_Trader
US dollar is too volatile, I will be very careful with the trades, only will sell at tops, and buy at bottoms for short trades
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SajjadHaider SajjadHaider
with a very small trade
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Ichimoku_Trader SajjadHaider
ahhhhhh

now we have a man who is saying why wait, since it is a dead range let's trade tops and bottoms
very nice
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For 15m TF I'd put orders on either side - but as I'm always biased towards my precious 4h timeframe I would go for buy only :)
EU Long (what else)
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ok

that makes sense
so u will move with your H4 bias
nice tactic
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ronlb Ichimoku_Trader
yes always 4h bias :)
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ok
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ronlb Ichimoku_Trader
Check the CCI as well - it has done good service :)
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what would you be expecting with CCI?
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ronlb Ichimoku_Trader
going up CCI 4h
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great
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Like that discussion already :)
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Yes, it is very beneficial
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what would you be expecting with CCI?
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ronlb Ichimoku_Trader
CCI is a leading indicator - so it's usually good to have in your arsenal of weapons :) - 4h timeframe and a large lookback period usually does me well (positive, buy - negative sell)
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It is a very good indicator but it is actually lagging
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ronlb Ichimoku_Trader
You might think so. Practical application thought differen :) It's based on delta - so good to get in and out. Let's keep it this way. Do some backtesting on it and you will find out it's leading.
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yes

As long as it uses old prices to build itself it is lagging
but i understand your point
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ronlb Ichimoku_Trader
I do understand leading vs lagging - all indicators are lagging per default - certainly - but indicating the direction - in my humble opinion this is the only indicator I found in my years of application which shows the way.
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yes CCI is one of the best
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This market is flat. I prefer to stay out. Looks bearish on 1H. I'm wondering what's your hint Ichimoku_Trader.
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ok great
I should list that with the schools of thought
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havent scalp before
:)
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Good

keep it that way. it's better
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Always willing to learn with 0.01
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Ichimoku_Trader kevinkwok_22
good point
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Your hint should be: Do not scalp Eur/usd today? :-)
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Verrrry nice

I love it
but no
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Vytasbcn Ichimoku_Trader
OK there is one: above the top range and below the bottom range put buy stops and sell stops with a very tight SL behind them and also a trailing SL of 20 points. anything that get out gets scalped.
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yes

that was already suggested. The problem is that the range is too small but it is a great idea
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Vytasbcn Ichimoku_Trader
And by the looks of it something already got out. But I did not have this setup at that moment.
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ok
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Yes, we're interested!
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Ichimoku_Trader kevinkwok_22
very good
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I do :D
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thanks
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I'm very interested in the hint!
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Ichimoku_Trader DylanMorgan
I would be too
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thomas_moyse Ichimoku_Trader
Market will give the hint?
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Ichimoku_Trader thomas_moyse
it always does
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I would trade a breakout of the rage in the direction of the H4 but not at the moment I'll wait until the KS and the Chicou would go past the cloud on the way up as they are on the 4H preferably having the Tenkan sen turns clearly up past the kijun sen on the 4H as at the moment at least in my chart GMT are very close togheter. So no trade for me until these conditions are met
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ok

so no trade for you
Thanks
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Can you give hints about how to put targets?
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Ichimoku_Trader CryptoTraderOne
Well, a trend trader does not have targets. We have profit maximization stations.
What other traders call support and resistance

I like to use pivot points
I think they are the best
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CryptoTraderOne Ichimoku_Trader
I usually doubtful about getting profits at the "maximisation stations" a.k.a resistances and supports. Because noone knows what if it breaks it.
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Ichimoku_Trader CryptoTraderOne
yes you have the mentality of a support and reversal trader
That's ok too but it is too tiring, less accurate and less rewarding
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CryptoTraderOne Ichimoku_Trader
What do you suggest about moving stops to next station?
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Ichimoku_Trader CryptoTraderOne
Read my MM technique

It's there
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CryptoTraderOne Ichimoku_Trader
is there any link that i can find the tecnique? i looked for but sadly couldn't find.
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Ichimoku_Trader CryptoTraderOne
Do you mean setting targets?
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CryptoTraderOne Ichimoku_Trader
Yes, the tecnique that you mentioned. -> "Read my MM tecnique"
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Ichimoku_Trader CryptoTraderOne
use PP
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I want to know what is the hint please?
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I already put the hint

It is in the comments on the chart
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reefque Ichimoku_Trader
hmm..not really understand the connection to where..
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well think about it
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The market will reach it's intended support/resistance level before reverse?
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Ichimoku_Trader kevinkwok_22
very good

so how does that help in our case?
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kevinkwok_22 Ichimoku_Trader
The market will move towards Daily S1 before reversing.
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Ichimoku_Trader kevinkwok_22
that's nice but it needs to be based on the original movement f the market
the pivot points give points of breaking not targets

So you are on track but not exactly
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kevinkwok_22 Ichimoku_Trader
I'll keep brain storming.
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Ichimoku_Trader kevinkwok_22
go for it
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first entry point 1.4660. the target being going lower than yesterday?
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Ichimoku_Trader ethirtyfour
ok so tell me how that affects our scalp here?
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ethirtyfour Ichimoku_Trader
so the start of the scalp if short?
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Ichimoku_Trader ethirtyfour
sounds good
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I want .. to learn how scalping work
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Should we place a hedge trade with no stop loss
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thomas_moyse thomas_moyse
With s/r as target on both way
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Ichimoku_Trader thomas_moyse
ok
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Ichimoku_Trader thomas_moyse
hedge trades just cost you the extra spread

they are good for businesses trading commodities for example but not for us
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OK: so we see a green candle, we buy, we see a red one on the other side of the range, we close the position and switch and so on.
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you'll lose all your money doing that
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Vytasbcn Ichimoku_Trader
OK, got it for my eternity! :D
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Damn my buyposition got a hit with that one
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sorry
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Please explain, i still failed to get it.
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What kind of "tool" is this?
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A very important tool
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I would wait for a break of the range and then a retest before entering
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Ichimoku_Trader 3maximilian
A good S&R strategy

A retest after the breakout

THanks
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3maximilian Ichimoku_Trader
thanks.
I did not get the hint
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Ichimoku_Trader 3maximilian
Look at the new EURUSD chart
you'll get it
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What I think is: It's gonna reach 61,8 fib and then bounce and continue up trend up to 1.17156'ish
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where is your 618?
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leeeon Ichimoku_Trader
1.137 sir
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wow
you're going to the WPP

I think that's too much
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leeeon Ichimoku_Trader
Maybe, I'll be looking at trendlines as well trying to find correlation. It's likely to bounce from 1.142 too. Either way, good luck ;)
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thanks

good luck to all of us
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Manu76 leeeon
I agree with that. (a bounce from 1.142)
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ok
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Vytasbcn Ichimoku_Trader
WPP?
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weekly pivot point
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leeeon Ichimoku_Trader
Guess I wasn't wrong after all ;) Good trade sir.
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Your call was hypothetically perfect
My trade was executionally perfect

Great job
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My tool is harmonic patterns.. We had a Shark around 05:50 am that led us to this position now.
Now we are facing resistance plus 2 patterns, Butterfly at current market price + a crab @ 14.400 level wich was just been hitted now.

Harmonic trading and Ichimoku trading are very nice together.
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NarsEsp NarsEsp
I forgot to mention.. 5min TF
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thanks
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great
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How do you compute these pivot points? With the input of other tools like H&S patterns, Fib levels, etc? Or some other tool.....pls explain...
And Thank You for providing these educational charts!
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PP are easy. the most important one is HLC/3
the rest are deduced in similar way

Look them up
good luck
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My opninion: I see too many TS/KS crosses, and price is going parallel and too close to the cloud. So i'd go to a bigger timeframe. In hourly, we can see that its in down trend, thus go Short could be a good idea.

Thank you for your Ichimoku ideas!!
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ok

so u would take the direction of getting a higher TF bias
good idea

Thanks
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Dear, can you send me the ideia on how to scalp? Many thanks!
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Ichimoku_Trader Diegoallann
there is no idea how to scalp

just brainstorming

sorry
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Vytasbcn Ichimoku_Trader
Oh I loved that! I think the best and the most profitable is just to follow!
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let's hope so
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Too much blabla lol
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Ichimoku_Trader VroumVroum.HedgeFund
you don't have to be rude

if u don't like it just leave without being rude
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VroumVroum.HedgeFund Ichimoku_Trader
Yep maybe You have to work in radio if you want to make entertainment
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Ichimoku_Trader VroumVroum.HedgeFund
RUDE ID RUDE
It's just you I guess
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Well done guys. Seems i'vs missed lot,as much as I don't trade any time frame less than 1 hr, I'll like to know your hints. What do u mean by "method of comleption"?. Thanks
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Ichimoku_Trader thewealthlifters
hmmm

It means always completing the journey towards targets
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to be honest. im totally lost
what is the method you are using?

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It is the method of completion

Every move should complete its targets. If it doesn't and you are lost, then you can target the completion area with high confidence.
So EURUSD did not complete its target. So we could have targeted it (meaning had a bias too trade only shorts)

I hope it is clear

Very Very important to know
Good luck
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O66NL Ichimoku_Trader
Thanks.

Unfortunately its not clear.
What was/is the target completion area?

im trying to follow your trading.
are you using different methods?



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u can find it on the chart with my new EURUSD trade
CS setup
The orange area was the target
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O66NL Ichimoku_Trader
thats a different chart than on top of this thread?
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O66NL Ichimoku_Trader
ok a diferent chart it is.;
confusing
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u had to be there
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O66NL Ichimoku_Trader
when did we get bearish? yesterday we were still bullish because the CL wasnt taken out.
How are target ares areas constructed?
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Yesterday we printed the c leg (part of it), today we completed it
Now we are neither bullish nor bearish
We are now trading CS setup
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O66NL Ichimoku_Trader
i give up.
you are without doubt a great trader and i like to lean, but i cant understand what you're doing.
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O66NL O66NL
thank you for your time and sharing
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no problem
It will come, just keep at it

Good luck
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Ichimoku_Trader Ichimoku_Trader
My pleasure
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Sleuthy O66NL
I agree... I also thought we were studying his 15 min chart... then he switches the conversation to a different chart.....but didnt notify the audience.
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My friend,

Look at my last comment
and be constructive when you criticize
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Sleuthy Ichimoku_Trader
Observation is valid. Its not criticizing to observe. Observation is based solely on your comments. Please don't be so offended. Thank you.
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I'm not offended. I'm saying that your statement was not accurate
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Sleuthy Ichimoku_Trader
Thats good. Because the chart at the top is a 15 min chart. And your clarification is on a larger time frame. Therefore....observation that I was agreeing with a fellow viewer is valid.
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fdfs
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fdfcs
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fdfcspla
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Go for what? Are we long or short? Please clarify.
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We closed this chart yesterday. It is no longer tradable. It was just for practice

Sorry
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I'm long.
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