FX:EURUSD   Euro Fx/U.S. Dollar
1507 117 48
6 months ago
..
6 months ago
Comment: Any ideas?
6 months ago
Comment: A very very important lesson to learn
You all know what a head and shoulders pattern is
Look at the KS. What does it look like?
6 months ago
Comment: So how do we trade H&S?
Any patterns guys with us?
6 months ago
Comment: Anyone on how to trade head & shoulders?
6 months ago
Comment: HEAD & SHOULDERS ANYONE?
6 months ago
Comment: PLEAAAAAAAAAAAAAAAAASE
6 months ago
Comment: Is no one going to ask me the very important question that should now be asked?
6 months ago
Comment: Someone please ask me the question!!!
6 months ago
Comment: I'll post the H&S setup in a few moments
let's now focus on GBPUSD as it seems to be moving
6 months ago
Comment: How to recognize and trade H&S using KS:

Guys, buy the way, you are sooooooo cheap with the likes
6 months ago
Comment: H&S now in play
6 months ago
Comment: ok so now you've seen how it plays out
I'll explain in it in details first chance I get
6 months ago
Comment: Someone in our group ananora23 said:

While waiting for Ichi explanatory slide for this type of set ups....would anybody who SEES the head and shoulder pattern stick an annotated chart for us blind traders to see lol lol
Pressing the like button encourages me to continue publishing my ideas and is highly appreciated...

I have a section on my page under the tag "Educational" that contains a lot of information on my trading method, please take sometime to read it...

Related Ideas

I still think it has space to move lower but I can't see a trade set up here or potential entry... as it's consolidating I would wait for a break out of this wedge before i do anything
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Ichimoku_Trader DavidMarcy_TradeHuntFx
6 months ago
ok

any expectations for the breakout direction?
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DavidMarcy_TradeHuntFx PRO Ichimoku_Trader
6 months ago
well the price is below moving averages and in a downtrend. With the dollar looking strong this week a downside break is the logical directional move
+1 Reply
Ichimoku_Trader DavidMarcy_TradeHuntFx
6 months ago
ok
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aziz.au
6 months ago
Is it a falling wedge? Going up once touches the bottom line...?
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Ichimoku_Trader aziz.au
6 months ago
ok
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aziz.au Ichimoku_Trader
6 months ago
But Ichi, are such patterns reliable in 15M charts?
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Ichimoku_Trader aziz.au
6 months ago
So let's try

How do u trade H&S?
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IIvan
6 months ago
up because the price is right to move across the cloud
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Ichimoku_Trader IIvan
6 months ago
ok
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val_trader
6 months ago
If we broke again 1140 1h. I would go short ... but with a strict stop loss. What do you think ?
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Ichimoku_Trader val_trader
6 months ago
Well, as you know I never trade multi timeframe
So let's keep it here
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Metafora
6 months ago
Me too.
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Ichimoku_Trader Metafora
6 months ago
ok
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Vytasbcn
6 months ago
I will just wait and do some DIY :D I think it is not decided if to go up or to resume the way down...
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Ichimoku_Trader Vytasbcn
6 months ago
good position
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alex.cerda3
6 months ago
Wait for the break
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Ichimoku_Trader alex.cerda3
6 months ago
Any direction preference?
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IIvan
6 months ago
:) wow
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Ichimoku_Trader IIvan
6 months ago
What wowed you?
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Vytasbcn
6 months ago
UP or DOWN some more?
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Ichimoku_Trader Vytasbcn
6 months ago
so what is your decision?
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Vytasbcn Ichimoku_Trader
6 months ago
I am waiting. Though the highest probability is continuation of the bigger trend on a daily TF. I will wait for the price to go to KS on an 1H and then wait for the signal. Though in 15M I see red candles with bigger bodies than green ones, looking like green ones are consolidating and bears are pushing slowly. I will wait.
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Ichimoku_Trader Vytasbcn
6 months ago
I would wait too ... forever .. if I did your analysis
It is just very confusing so I would never be able to make a decision
+1 Reply
Vytasbcn Ichimoku_Trader
6 months ago
Hehe. Here lies my problem! :D Well pin-pointed.
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Ichimoku_Trader Vytasbcn
6 months ago
well lessen your analysis
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IIvan
6 months ago
seems like half head and shoulders
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Ichimoku_Trader IIvan
6 months ago
True. It is completing
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aska
6 months ago
I think going down with giving us s stop loss level.
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Ichimoku_Trader aska
6 months ago
what do u mean?
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ananora23 PRO
6 months ago
I see a breakout to the upside for a little retracement. Internal div + green kumo.....I will wait and see what the market is going to say.
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Ichimoku_Trader ananora23
6 months ago
ok, so down but after a retrace
sounds good
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DanielAnthony
6 months ago
I think it will fall until 1.107 this week
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Ichimoku_Trader DanielAnthony
6 months ago
ok
+1 Reply
Reversed H&S are OK on downtrend but normal H&S is only at the uptrend
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Ichimoku_Trader captain_smollett
6 months ago
yes true but with KS it is a bit different
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Riccardo.Lovo
6 months ago
Once you find the neck line you then should entry when the neck line is broken and the take profit should be the distance between the neck line e the top of the head
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Ichimoku_Trader Riccardo.Lovo
6 months ago
thank you
can you invent a similar concept to apply to KS?
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Riccardo.Lovo Ichimoku_Trader
6 months ago
Here I don't see any clear H&S pattern so far, once I find some on some charts maybe I will find a characteristic movement on the KS
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Ichimoku_Trader Riccardo.Lovo
6 months ago
Not price
look at KS. It is very very clear
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Riccardo.Lovo Ichimoku_Trader
6 months ago
the first shoulder starts at 9:30 and then after the dip (head) it goes down. The question is: how can we find our target in this case?
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Ichimoku_Trader Riccardo.Lovo
6 months ago
Exactly as you would with a price H&S
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Riccardo.Lovo Ichimoku_Trader
6 months ago
So in this case the neck line is 1.114 and the highest point on the head is 1.1152, therefore a target of 12 pips?
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Ichimoku_Trader Riccardo.Lovo
6 months ago
Yes if you take the normal signal
But here our signal is arlier
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Ichimoku_Trader Riccardo.Lovo
6 months ago
except use KS values and then translate them to price
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val_trader
6 months ago
1st shoulder and head seem to be completed... up for the 2nd shoulder ? or I'm wrong ?
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val_trader val_trader
6 months ago
Top of 2nd shoulder 1.146 ?
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Ichimoku_Trader val_trader
6 months ago
ok
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Ichimoku_Trader val_trader
6 months ago
I think we are now making the second shoulder
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aziz.au
6 months ago
So, is KS is kind of the neck line? Once broken, long?
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Ichimoku_Trader aziz.au
6 months ago
KS actually with a little help from TS create a perfect H&S shape. The signal to take here though is much earlier than the price signal so it is a much better trade
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Ichimoku_Trader Ichimoku_Trader
6 months ago
Now, when the head is on top, will you go long or short?
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MANOLIS PRO Ichimoku_Trader
6 months ago
Short
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Ichimoku_Trader MANOLIS
6 months ago
off course
So don't get why you keep wanting to go long Aziz.jpn
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aziz.au Ichimoku_Trader
6 months ago
I actually saw an inverse H&S first. Then I realise (as you said) its a real H&S. But ignorant of use of H&S in down trend, as I just learned by the book. TS crossed KS from above. That surely means short. The question is how does KS gives us the signal early?
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Ichimoku_Trader aziz.au
6 months ago
YES
that is the question
thanks you
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aziz.au Ichimoku_Trader
6 months ago
Basically my ignorance is confusing me.
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Ichimoku_Trader aziz.au
6 months ago
no worries
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Vytasbcn Ichimoku_Trader
6 months ago
short
So it need to retest the right shoulder and when the price touches KS we go short?
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Ichimoku_Trader Vytasbcn
6 months ago
Also nice but you might not get in sometimes
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Vytasbcn Ichimoku_Trader
6 months ago
touch TS? It has just done now
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Ichimoku_Trader Vytasbcn
6 months ago
yep
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MANOLIS PRO
6 months ago
we could probably get the same breakdown
after this consolidation phase :))
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Ichimoku_Trader MANOLIS
6 months ago
yes .. but you will see better results after someone asks me the important question
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MANOLIS PRO MANOLIS
6 months ago
Let's See
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Riccardo.Lovo
6 months ago
Here I would wait the CS to touch the SSA as a retracement, which shuoul coincide with a retrace of the price into the resistnce line and also on the KS and then enter a short
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Riccardo.Lovo Riccardo.Lovo
6 months ago
SL at the critical value 1.1158
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Ichimoku_Trader Riccardo.Lovo
6 months ago
ok
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Ichimoku_Trader Riccardo.Lovo
6 months ago
hmmm
interesting. What is the logic?
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Riccardo.Lovo Ichimoku_Trader
6 months ago
It is appening now, the logic is that we have a downtrend, so the entry point is the KS which is the fair market value. The structure of this triangle is also support this idea with the breakout. Furthermore KS, TS and SSA are going down after the long retracement that we had after the big move to the downside
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Ichimoku_Trader Riccardo.Lovo
6 months ago
nice job
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Riccardo.Lovo Ichimoku_Trader
6 months ago
Thanks, is that something you woudl trade too or you are seeing something different happening here?
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Ichimoku_Trader Riccardo.Lovo
6 months ago
yes it is one of my setups
it has details though
I'll give you the major setup in comments in a few moments and the details in a slide soon
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CryptoTraderOne
6 months ago
I still couldn't find where is the H&S formation that is forming?
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Ichimoku_Trader CryptoTraderOne
6 months ago
look at KS / u will see it
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IIvan
6 months ago
why head and shoulders are turned?
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Ichimoku_Trader IIvan
6 months ago
what do u mean?
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val_trader
6 months ago
How do we identify Entry levels, stop levels and price targets of the right shoulder ?
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Ichimoku_Trader val_trader
6 months ago
very good question
I'll post it in the comments so every one can see it
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aziz.au
6 months ago
The H&S is very clear now. Hi Ichi, how do you recognise it so early? Please teach me how to trade such H&S in such scenario.
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Ichimoku_Trader aziz.au
6 months ago
Yes I will post an intro in the comments of this chart in a bit
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JalRad
6 months ago
where is headandshoulder?
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Ichimoku_Trader JalRad
6 months ago
loOk at ks
you will see it
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MaryJane
6 months ago
Hey Ichimoku_Trader, thanks for your thoughts...where do you see any H&S? .i always take the breakout direction of the main trend, but that depends on your focussed time Frame. I prefer the Big trading box and still stay short, on any timeframe. I just adjusted my sl to secure the short-profit. i stay short as Long as the pair is trading below 1.13131 - the 0,38 fibo retracement.
good luck to anyone
Shorttrade overview: 3225 pips in 15 days or 215 pips/day

snapshot
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Ichimoku_Trader MaryJane
6 months ago
look at KS
you will see it
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frech.dax
6 months ago
reverse @ 1,1150 to limit 1,1390
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Ichimoku_Trader frech.dax
6 months ago
ok
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frech.dax Ichimoku_Trader
6 months ago
well thats very short.. didnt made it to 1150 but I think 1396 is the next stop
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Ichimoku_Trader frech.dax
6 months ago
ok
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JalRad
6 months ago
so this head and shoulder mean sell or buy?
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Renegade7
6 months ago
To add my two cents, on the fifteen minute chart my manual system says to go long at 1142.
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Ichimoku_Trader Renegade7
6 months ago
We had $0.98 so we needed those 2 cents
thanks man
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Renegade7
6 months ago
However, my daily trend says down since 1218, therefore no set up.
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Ichimoku_Trader Renegade7
6 months ago
I hope you don't want those 2 cents back now
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Renegade7 Ichimoku_Trader
6 months ago
I will keep adding my two cents if they can contribute to the discussion. Thanx for allowing a forum to do so. I haven't taken a position as I think the market has come down so far so fast. Will wait and see if a bounce develops 200 sma is 1173.
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Ichimoku_Trader Renegade7
6 months ago
Your 2 cents are always welcome and always beneficial

Keep them coming please
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sri2121
6 months ago
hi..normally we'll wait for the neckline to break for an entry..then the price action decides..
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Ichimoku_Trader sri2121
6 months ago
thanks
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PINK
6 months ago
Kijensen Flat must be touched in the future (1.1198) ichimoku role:) after chiku cross the kumo i go to Long for touch 1.1198
Good Luck
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Ichimoku_Trader PINK
6 months ago
thank you
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PINK Ichimoku_Trader
6 months ago
yw:)
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Ichimoku_Trader PINK
6 months ago
I hope that's good. i am terrible at these acronyms

Well, just in case, to you too
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CryptoTraderOne
6 months ago
Breakout consolidation coming. Should we sell?
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Ichimoku_Trader CryptoTraderOne
6 months ago
you are too late
we already reached the projection level
Now, you would have to get strong proof to enter short again
pls be careful
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pop33m33 Ichimoku_Trader
6 months ago
I think you mean this
snapshot
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Ichimoku_Trader pop33m33
6 months ago
exactly
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PIPCATCHER
6 months ago
How many pips did you catch over
the last 5 hours? I count about 9!
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Ichimoku_Trader PIPCATCHER
6 months ago
I think we got a lot more but I'm biased
So ask the guys
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ananora23 PRO
6 months ago
While waiting for Ichi explanatory slide for this type of set ups....would anybody who SEES the head and shoulder pattern stick an annotated chart for us blind traders to see lol lol
Reply
ananora23 PRO ananora23
6 months ago
Not out of the woodwork yet guys
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Ichimoku_Trader ananora23
6 months ago
;)
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andrej123456
6 months ago
give me a clue whats hapenning with eur/usd now , is it going to touch upper resistance at 1,121 or what do you think ? thanks
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Ichimoku_Trader andrej123456
6 months ago
I think that May is very dangerous

Warning .. May is dangerous
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Ichimoku_Trader andrej123456
6 months ago
I'm doing an H1 chart tonight
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andrej123456 Ichimoku_Trader
6 months ago
I will stay in touch. I took profit on my shorts 2 hours ago. So you think there could be retracement back up to 1,13 area ?
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stream
6 months ago
now ...the same song in continuation lol
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Ichimoku_Trader stream
6 months ago
Let's see
Reply
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