Ichimoku_Trader

How I Trend Trade (8A)

FX:EURUSD   Euro Fx/U.S. Dollar
This is an example of a level 4 entry into the trend.
I'm trying to show the efficiency of this entry as an example of entering on a signal
Risk vs Reward is around 4 to 1 which is fantastic by any standard and provided you exit at the target area.
What is the reference point for drawing the diagonal trend line that defines your target here?
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Here i am using a pitchfork
You can also use fib projections or whatever other tool you like
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Remember, my take profit level is only a profit maximization tool so I will not exit fully when I reach there
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now I got it!
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Ichimoku_Trader MarcielSouza
Great
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the entry is when the price cross the TS upward?
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A level 4 signal is when th TS turns in the desired direction
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ericholzer Ichimoku_Trader
maybe I miss something, why is it called 4 signal?
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It is the strongest of the 4 and i like the name ;)
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ericholzer Ichimoku_Trader
I'am studying Ichi from a lot of different sources; you are the first who put the TS on the front line --)
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Yes I trade my method "PanOptic Trading Method" so it is different than everything you will read elsewhere
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To identify Critical Level (CL), we should looking for the botton/top of the last retracement?, thaks in advance
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use the top/bottom of the candles between CS and KS
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narcalen Ichimoku_Trader
Thanks
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what is level 4 trading?
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How I Trend Trade (8)
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Kaaaaboooooooooommmmmmmmmmmmmmm.....drop
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Ichimoku_Trader adilnaqvi00786
thank you for the sound effects ;)
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So I understand correctly, level 4 entry signal was right outside the ts/ks line, so that's still okay to trade? It's not too expensive at that point right?
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yes
I always try to minimize risk in trades .. you might have noticed ;)
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