Ichimoku_Trader

How I Trend Trade (6)

FX:EURUSD   Euro Fx/U.S. Dollar
When in a range, make sure that you start planning to enter the market in the direction of the KS .. BUT ONLY ... after filtering the KS signal. This will save you a lot of wrong entries due to the wrong translation of what the KS is really saying.
Dear Ichimoku thank you so much all your wise advise. I need your help really. I have quite a few buy positions on the USDCHF, with the news coming out in 1 hours time, should i stop it or do you have a feeling USD will rise?
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Well it is going up and it looks good to me but you have to give it leeway to move so place your stop @0.95428 if you can afford it and you can adjust that later. if you can not afford it, then it is problem, resolve it by making your position smaller.

Good luck
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Thanks for the new tutorial :)
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I hope it is useful
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Thank you for detailes / "rules" ;)
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i hope it is useful
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Hi. Great and clear examples. Thanks. One thing though, that I'd appreciate you clarifying, once the KS is flat, are you saying the CS and KS need to cross before considering a new trade?
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Hi,

No, I'm saying that the KS calculates the median of the past 26 candles. That means that you take the high and the low for the last 26 candles and you devide that by 2. So to know where the 26 candles are, I'm pointing out that you will find them between the CS and the current price because the CS is just the closing price moved back 26 candles.

Good luck
+1 Reply
jstage Ichimoku_Trader
Thanks.
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Welcome

I hope it is clear now
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This feels like an important concept, and I think it needs more complete explanation using examples on the chart.

Which movements are invalid, and which (aside from the last) are valid?

"flat for too long" - You previously mentioned "25+ flat periods" as the time to close out trades and wait for a new trend. What constitutes "too long" here? 26? Since KS being 26 flat for periods would tell us "no new highs or lows have happened in the past 26 periods; we are truly ranging."

Here is my interpretation of what you've explained here. Please let me know if I'm wrong:

"If the KS has been mostly(?) flat on the chart and only makes small movements in both direction, you should check the price action between the current candle and the end of the CS line (i.e. the last 26 candles).

If there ARE new highs/lows in those 26 candles, the KS is making a valid move.

If there are NO new highs/lows, the KS line is only adjusting to old data, so you can ignore the signal. No new trend is starting just yet."

Still, if someone wants to trade a ranging market using these signals, it seems like it ought to be possible.

It just wouldn't be "trend trading" like we are doing here with your instructions. Maybe TS would be a better signal line for these scenarios?
+2 Reply
First of all, I must say that I am very happy with the engagement level that we are achieving and fascinated by many of your questions because they show interest and the love of discovery. It is necessary for a trader to understand and not only follow instructions blindly. So I have to thank you and thank many of our friends who have also sent very good questions.

Secondly, yes this is a very important concept because it saves you money and remember that trading is about making money so having an efficient system to help you achieve that is very necessary. We make money through lowering our costs and through increasing our revenues. This concept is about the first part so it is of critical importance

I will be explaining this concept on our live charts since it is difficult to explain in one slide so just be patient and I'll try to get it through as best as I can in the coming days, God willing.

as for your question of what constitutes flat for too long, the answer is 25+ candles. This issue is not connected to the KS period but rather to the concept of time waves which I will explain about later because it is too advanced to introduce just yet.

Now to your conclusion.. The only valid movement of the KS in a ranging market is when there are new highs or lows that go beyond the last 26 candles' highs or lows. So that means that a new candle has to emerge and it has to break the previous highs or lows of the past 26 candles otherwise the move is not valid. So why would the KS turn without new highs and lows? Well that happens when old (older than 26 candles) candles are no longer used to calculate the value of the KS.

As for trading a ranging market, well you have to make a paradigm shift to trade Ichimoku In ranges but you can do it very successfully and I will also show that as we progress.

Thank you again and good luck
+4 Reply
hello ichimoku i had not seen your educational slides they are great!!! i just saw this about movement of the KS and i would like to clarify with this
snapshot

in the chart pointed with the red arros are movement of the KS but the CS has not broken highs or lows of price actions, is this what you mean in your lesson??, also can i consider this a flat KS?? in which case ill be looking for a breakout set up?? i appreciated in advance your response
+1 Reply
Hi

1. yes this is what I mean. but do not look for a CS breakout, look for a price breakout (CS only shows the close so it doesn't show highs and lows)
2. Yes this is a flat KS. and i imagine now that you see the importance of this concept

good luck
+2 Reply
araguaney Ichimoku_Trader
yes!!! i will be looking for a price break out i got that concept, still dont grasp all the CS work, im watching the slides though Lol, for now watching the KS, thank u really apreciated you taking the time!! :)
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good luck
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NextgenDad Ichimoku_Trader
This Is super important thank you for sharing
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I agree
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