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TraderSystematic
Jun 10, 2014 4:33 PM

missed trade 

Meta Platforms, Inc.NASDAQ

Description

Hope to pull back
As every thing in Kumo trading system is setup
stop loss kijun sen - 1/2 ATR
Comments
ChaosTrader63
Once price pulled back into the Kumo after the bearish pinbar fakeout you could have set a entry order at the top of the Kumo and then you would have a better entry because once price pulled back and waiting for the breakout we know that the Ichimoku signals would all be bullish on the break so then we can be prepared to enter at that point.
TraderSystematic
Thank you ChaosTrader,
So we have to wait until it get to the cloud again , and then trade in breakout?
And not to trade @ 23.6% or 50% of Fibo?

Thanks
ChaosTrader63
Setting an entry at the Kumo would have caught the gap up with the big bullish candle but now you need a pullback.
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