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Ichimoku_Trader
Apr 13, 2016 4:15 PM

Bears are still hunting... Short

Euro Fx/U.S. DollarFXCM

Description

Next, we will enter again around the KS with another sell

The KS moves so stay with it

Good luck

Comment

It looks like price is planning to break the lows before doing a retracement.
Again I say ... Do not go counter trend please unless you are a pro

Comment

Once we enter at the KS, our current stop loss is at 1.13925 so please calculate your risk accordingly.

Maybe we will overshoot the KS. So if your resources are limited, you can enter once price goes below the TS with a red AO bar (on the close please) and have your stop loss above the last high.

Good luck

Comment

Ok everyone,

We should all be on board now, let's just sit back and enjoy the ride
This ride will not be fast like the first one so just relax

If price goes a bit higher, don't be scared. That's ok too

Good luck

Comment

Current stop loss level is @1.13925

Comment

For those tryig to learn wave theory:
It seems that we are currently in W3 and this correction is most probably (W4 of 3).
Comments
ptp94
Very Nice....Read through all your "how to trade ichi"....fantastic guide to become a good trader and I sill there is even more to learn from this technique
Ichimoku_Trader
thank you

practice makes perfect
pmcllc
cool. it kind of make sense
Ichimoku_Trader
Good

I hope you hopped on
ptp94
The recent 1H bar closed just below the KS.......the next one probably would close above or at KS....so would it be feasible to enter short after the next 1H close of the candle above KS?
Ichimoku_Trader
we're not looking to enter on a close but on a touch
Ichimoku_Trader
So u should already be in
ptp94
AAhh...got it thanks
Ichimoku_Trader
good luck
highwisdom
Just got back in with the KS Retrace at 1.285
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