Ichimoku_Trader

Game 2: Another M15 chart...

FX:GBPJPY   British Pound/Japanese Yen
1538 103 50
So what would you do now..
It would be best to attach a chart with your idea
Comment: WE HAVE A SELLER... MUST BE NEW
Comment: Guys this case is really interesting and there is a lot to learn here
SO PLEASE JOIN IN..
Comment: @ananora gave this beautiful answer:
Uptrend is not over until it is over. Divergence building. Wait for pullback to KS or other signal.....and buy some more
Comment: Guys .. if you look here you will notice that the incline angle in going steeper as time passes. So momentum is actually building
Comment: So what can we expect next?
Comment: 1 moment please .. I have to check EURUSD
Comment: I'm back..
Comment: 1. When you see an up trend picking up momentum, NEVER THINK OF SELLING
2. Your expectation should be that it will pick up even more momentum until it is taking off like a rocket
3. If you want to enter into the trend, do not use KS, you will never catch it, TS might not catch it
Comment: 4. maybe you can try a breakout from the slightest retracement
5. Also, if you are unlucky enough to sell, please do not add to your position thinking that you want to average your price. You will only lose more money
Comment: 6. IF YOU CAN NOT HELP YOURSELF FROM THINKING SHORT ...
DO NOT DO IT BEFORE A TS/KS CROSS
Comment: Unfortunately, it is money making situations like this one that people lose their money during. They keep thinking now it's going to end only to have go more and more and more
Comment: So the right frame of mind when you see acceleration is ... How can I get in
NOT .. when will it reverse
Comment: Any questions? comments?
Comment: CHART CLOSED
Comment: So. how many of you have trusted what I said and already are in a lot of money?
and how many of you have saved themselves from huge losses by following this advice on this chart?
Comment: Enjoy..
Trailing stop. SMA 20 on 2 h or other methods.
Reply
trailing what?
Reply
xiiimik Ichimoku_Trader
Suppose I am in this trade since 133. In this kinda of strong trends, if price hits for example SMA 20, position will be closed.
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xiiimik xiiimik
Sorry did not get your question. I still have to learn Ichi clouds and lines.
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ok
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sell
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Why do you want to sell?
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106.09 maybe then
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106???
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rist Ichimoku_Trader
haha I was looking at USD/JPY my bad
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lol
you drove me crazy with your 106 LOL
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we are overbought, there is divergence on RSI, expecting a retracement on the higher TF. setup to sell
Reply
Ichimoku_Trader MarcielSouza
another seller
wow
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Uptrend is not over until it is over. Divergence building. Wait for pullback to KS or other signal.....and buy some more.
+3 Reply
MarcielSouza ananora23
maybe you are right I just do not fell comfortable when the price goes to far
Reply
Ichimoku_Trader MarcielSouza
we all don't
+2 Reply
THANK YOU
+1 Reply
Darkpiper ananora23
Thank you man, this is a very good advice
+1 Reply
I'm glad you like it
+2 Reply
buy when price comes back to the TS
+1 Reply
You are a very smart person
Why TS not KS?
+1 Reply
Darup Ichimoku_Trader
With such a steep upward price a retracement to the KS might take awhile. If you enter at the TS you will get in the trade sooner.
+1 Reply
ok
+1 Reply
buy and wait to the red candle and sell, rebuy on retracement
+2 Reply
ok
+1 Reply
so we have to wait until it retraces to KS or TS?
+1 Reply
Ichimoku_Trader CristopherCerrato
which one?
+1 Reply
angle? which angle?
+1 Reply
Ichimoku_Trader MarcielSouza
the angle of price
+1 Reply
snapshot
+1 Reply
perfect except that zone 1 will not turn TS down so no level 4 signal there
+2 Reply
find a good place to re-enter until 140.46(0.382 fib)
+1 Reply
where is the god place?
+1 Reply
asdasdasd1 Ichimoku_Trader
wait until the price will go back to ks on the 15 or 5 min chart
the price is in a good uptrend and i think will go easy up to 138.70(big resistence level)and if it breaks that i think will go until 140.46(0.382)(sry for my english)
+1 Reply
so many call for sell?
+1 Reply
That is a very wrong answer
+1 Reply
snapshot


Could use a signal like this, price crossing MAs and getting to next fib level. My TP stays 140,58.

I'm interested to see the Ichimoku analysis.
+1 Reply
well your chart is 120M??
+2 Reply
Marc_lux Ichimoku_Trader
Yes, which wasn't really the task.
+1 Reply
yes
+1 Reply
One of resistance is 146.2
+1 Reply
xiiimik xiiimik
(HIgh-Low)/2 = 146.2 on Brexit day
+1 Reply
what do u mean?
+2 Reply
xiiimik Ichimoku_Trader
Trail the trend. If on 146.2 I will especially careful.
+1 Reply
xiiimik xiiimik
I actually did now.
+1 Reply
So if the angle is going Steeper on a consolidated trend, maybe is a early warning of some corecction, even a change. At this very time, all oscillatros must be laughting overbuy
+1 Reply
narcalen narcalen
but my mind is only thinking in buy until KS turns down
+1 Reply
yes correct
+2 Reply
138. SELL.... what do you think?
+1 Reply
i think 138.34 the new sellers will step in
+1 Reply
wat is KS?
+1 Reply
Ichimoku_Trader jimbolopez28
the blue line
+2 Reply
so, for enter in a situation like this, at the TS would be fine?
+1 Reply
yes
+2 Reply
phuahpatrick Ichimoku_Trader
is going to reach R3 soon.
+1 Reply
Ichimoku_Trader phuahpatrick
probable
+2 Reply
I have a friend, one of the best es traders, he loses to this pattern all the time
+1 Reply
now you know why
Please teach him the right way
+2 Reply
so what is the quickest way to get in on acceleration?
+1 Reply
be brave and use a small lot size so you can be brave
+2 Reply
only gratitude
+1 Reply
thanks
+2 Reply
i would have lost money
+1 Reply
don't from now on
+2 Reply
How to properly place stop losses? I guess I should jump to 30 min timeframe and see any pattern (retracements there). I want to maximize profit while minimizing risk. What is your suggestion?
+1 Reply
Actually, this acceleration makes it easy to place stops. Just put it under the last pivot however small it is
+2 Reply
yes, what is our indicator to close our buy position that is currently held here?
+1 Reply
Ichimoku_Trader Dreammotive
when you see acceleration. Don't close your position. Close your computer with a good stop loss and have your surprise birthday cake the next day
+2 Reply
ianpatton Ichimoku_Trader
Yes thats what we are all here for - a piece of the cake
+1 Reply
yep
+2 Reply
I probably wouldn't chase the train. Risk reward doesn't look that great
+1 Reply
ok
+2 Reply
And just like that Pooof!!! no more divergence :0 :)
+1 Reply
lol
+2 Reply
well im already long on this position and it has to reverse at some point. am I looking for a TS price cross or are you just saying to set a trailing stop loss?
+1 Reply
Ichimoku_Trader Dreammotive
I'm saying set your stop .. close your pc and check on it tomorrow
good stop please
+2 Reply
this colud be another example of how to enter in a situatio like this, isn´t it?
snapshot
+2 Reply
yep
+2 Reply
xiiimik narcalen
Thanks! Really like it.
+1 Reply
great
+1 Reply
Darkpiper narcalen
Tons of pips
+1 Reply
more to come
be patient
+1 Reply
thanks again, love the games
+1 Reply
me too
+1 Reply
i like what u do :)
+1 Reply
thank you
+1 Reply
Yes, you definitely gave me more confidence to follow the trend and set the tight enough stop. Thank you!
+1 Reply
great
+1 Reply
What do you mean by "chart closed" ?
+1 Reply
Ichimoku_Trader amrsoliman2000
It means, I'm done;)
+1 Reply
amrsoliman2000 Ichimoku_Trader
That was a fun ride..thanks for th pips by the way :)
+1 Reply
Ichimoku_Trader amrsoliman2000
great
+1 Reply
Thanks Ichi, the quiz games are super helpful. Let's do more!
+2 Reply
yes everyone enjoys those including me
Yes let's
+1 Reply
+1.5 R !!!
+1 Reply
how to set those yellow and blue lines? tq
+1 Reply
CM ichimoku by chris moody
+1 Reply
TraderR0BERT PRO Ichimoku_Trader
I was able to take Chris's script and add some helpful alert functions to it. Hope this is helpful to the community of Ichimoku Users! I'm inspired by your work
Ichimoku Timeframe 6.0
+1 Reply
Ichimoku_Trader TraderR0BERT
good work
maybe you can add some PanOptic features later on
+1 Reply
TraderR0BERT PRO Ichimoku_Trader
I would love to pick your brain on the PanOptic features component. Any good resources that I could reference? Keep on keepin on! You're a big help to the community.
+1 Reply
Ichimoku_Trader TraderR0BERT
;)
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i really appreciate your way using Ichimoku and really thanks a lot
Reply
Ichimoku_Trader abuelbanat2016
Thank you
Reply
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