FX:EURUSD   Euro Fx/U.S. Dollar
1255 28 44
6 months ago
Strategy shift...
Be careful of whipsaws
6 months ago
Comment: Not being in the market in these conditions is a great testimony to the success of a trading system.
Being patient is a great testimony to the success of the trader.

We all want to trade but let's be patient and trust our system ... no rush
Good luck
6 months ago
Comment: As stated in the trade, please make sure that there is momentum on the break.
This break that just happened is a perfect example of a break with no momentum
Momentum means those big candles that you are probably afraid to enter after you see because you think it is too much risk.

Good luck
6 months ago
Comment: I like what I see now..
6 months ago
Comment: If you enter, place your stop just under the KS
6 months ago
Comment: Risk is ~15 pips
6 months ago
Comment: We will be safe only after we break the critical level (top of 2 days back)
But let's hope this works out fine

Good luck
6 months ago
Comment: We should not expect a close below TS at this stage
So if that happens, get ready to do something about it
6 months ago
Comment: I think we just broke the high by a pip
So congrats, we are now bullish
6 months ago
Comment: did we?
6 months ago
Comment: We are now officially bullish in the short term

Ichi still has reservations on my statement since price did not close above the kumo yet and CS is still below the kumo .. Usually, ichi is right and i'm wrong.
But maybe this time I'll be right ..

Good luck
6 months ago
Comment: one more thing and we are in the clear
we need CS to close above the kumo
We may even get a chance to trade the CS setup

let's see
6 months ago
Comment: I'm up about 35 pips
we are now at DR2 where we will probably retrace or rest for a while
6 months ago
Comment: This trade looks really good but I do not want to say anything before we are clear from the kumo and everything gets above the kumo
6 months ago
Comment: So we still have a chance to micro manage our positions today
6 months ago
Comment: I think every man/woman for himself at this stage and we will set new entry strategy for the next leg up
6 months ago
Comment: Personally, I closed 75% of my position
6 months ago
Comment: I will rebuy 100% again on a retrace
6 months ago
Comment: I will have 50% of my new position placed at the TS
and the rest at the KS
6 months ago
Comment: I mean to re-enter
6 months ago
Trade closed: target reached: This strategy has fulfilled its intended use
We now move to the CS setup. Please follow the next chart

This chart is now closed
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

Vytasbcn
6 months ago
I suggest we wait for a turn of KS and TSas in your slides. And it should be accompanied by a closing of the price on the same side, right?
Reply
Ichimoku_Trader Vytasbcn
6 months ago
That is one way to trade the breakout. Bracket the high/low of the KS candles. That way, you will be sure that KS will turn in your direction when it breaks out.
This is my favorite method as it also minimizes whipsaw .. which you should plan for

Thanks
Reply
Ichimoku_Trader Vytasbcn
6 months ago
The closing s not necessary unless you want to test the momentum before entering
+1 Reply
Vytasbcn
6 months ago
Good to know about that!
Reply
Ichimoku_Trader Vytasbcn
6 months ago
great
Reply
KimNisar
6 months ago
can we make an entry now to buy?
Reply
Ichimoku_Trader KimNisar
6 months ago
I already did
If we close below TS I will get out
Reply
KimNisar Ichimoku_Trader
6 months ago
ok so i wait.
Reply
Ichimoku_Trader KimNisar
6 months ago
as u like
Reply
KimNisar Ichimoku_Trader
6 months ago
can i enter now?
Reply
Ichimoku_Trader KimNisar
6 months ago
You asked me a while ago and I said i already entered
I meant enter

yes u can
Reply
Vytasbcn
6 months ago
Nice!
Reply
Ichimoku_Trader Vytasbcn
6 months ago
very nice

gets you in early and sets you up both ways. What more can u ask for
Reply
Riccardo.Lovo
6 months ago
What are gonna be our SL and TP?
Reply
Ichimoku_Trader Riccardo.Lovo
6 months ago
Stop is on the other side of the triangle. Keep it there for now

TP we'll see
Reply
Riccardo.Lovo Ichimoku_Trader
6 months ago
Thanks
Reply
enclyptia
6 months ago
still not safe to enter cause we break the kumo should we wait for cs to close above?
Reply
Ichimoku_Trader enclyptia
6 months ago
you are very very late
i said the last signal was the critical level

No it is best to wait for the CS setup if it materializes
Reply
Ichimoku_Trader enclyptia
6 months ago
So do that or wait for a pullback into that hole to the right
Reply
enclyptia
6 months ago
wrong chart sir sorry i was speaking about aud/usd am sorry.
Reply
Ichimoku_Trader enclyptia
6 months ago
yes enter
Reply
sbeavis PRO
6 months ago
How far do you see this going?
Reply
Ichimoku_Trader sbeavis
6 months ago
Far
Reply
Ichimoku_Trader sbeavis
6 months ago
but we have to still move up to have confidence
Reply
KimNisar
6 months ago
If we are expecting a retrace, should we close and take profit of current stage or do nothing? We may incur loss of pips?
Reply
Ichimoku_Trader KimNisar
6 months ago
I did just that
but i kept 25% running
Reply
KimNisar Ichimoku_Trader
6 months ago
I had only 1 trade placed, so closed it with some profit. hope to look for another entry soon. Thanks a lot for this leg of profit, May God reward you.
Reply
Ichimoku_Trader KimNisar
6 months ago
Thank you

Next entry should be very soon
Reply
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