Hi Ichi there were two bull candles after TS pointed upward. So I concluded it was level 4 signal. Am I correct?
The price came back to very close to SL though...shall we shift it?
Ichimoku_Trader
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no. Study this slide very carefully please
Good luck
KashifN28959685
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Hi, is it possible to get these slides downloaded, I am new and have difficulty to understand. GBPjpy and gbpusd went down earlier and then went up quickly, how this system can help in identifying the right direction. I don't know at all now about the direction, first going down and then up quickly. I don't find direction. Appreciate your help. Thanks for your time.
Ichimoku_Trader
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Hi
Yes, the market is scary that way but if you follow my signals, you will be fine. This trade needed a level 4 signal to enter so although price did go down and up again quickly it never created the signal .. so no worries
Please take sometime and go to my page
press the educational tag
you'll find lots of material there that will help you learn trading
good luck
aziz.au
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Hi Ichi, a bit confused. Can I clarify the difference in patterns for level 4 signal in GBPUSD and GBPJPY? We are calling GBPUSD a level 4 signal because a full bull signal was above upward pointed TS, correct? why not for similar (not exact same though) in GBPJPY?
Ichimoku_Trader
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Hi
Yes, the reason is that GBDUSD, I will be following it .. so I will update it if we pass the kumo, etc
GBPJPY is a blue chart .. so you are on your own
aziz.au
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ok
nheadmaster
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What was the thinking for this trade..? Is it because we entered the big cloud with the major support below?
Ichimoku_Trader
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Reasons:
1. We are bullish
2. We have support under us
3. The market will range in the worst case scenario so eve if we do not make money we will be able to get out safely
4. The profit potential is very large
5. The method of entry is very efficient
The price came back to very close to SL though...shall we shift it?