Ichimoku_Trader
Short

The pair to trade in May...

FX:GBPUSD   British Pound/U.S. Dollar
2042 38 40
1. A perfect abc
2. An easy to make bull trap
3. An awesome "CS" setup
4. A long way to go down
5. Matching time / price oscillation frequencies

Wow ... what more can we ask for
Good luck
Comment: Possible bull trap in the making
Could finish materializing at 1.4750
Comment: This chart has been updated with a new one
I agree with this analysis!!!it is perfect!!!!
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Thank you very much
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It looks like a great setup! Thank You :-) Just one question: Do you use standard settings for the Ichimoko (9,26,52) ? I use another besides this another trading plattform and it looks different with standard setings.
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yes I use the standard
Don't change them please

Good luck
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also, if the settings are the same but the chart looks different, maybe your broker treats the weekends differently
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pete_hef Ichimoku_Trader
Thank You ver much for this information!
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welcome
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we crossed the cloud, we have bullish momentum since we are above tenkan and kijun
if CS is above SSB that will means price broke of out range.
doesn't mean that anything?
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Yes we did all that you said we did

now let's see what happens

Good luck
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O66NL Ichimoku_Trader
Yep. let the market tell....don't get married with your opinion

With the Brexit voting this pair is Fundamentally wise very interesting....
can be all over the place
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Actually, it is very bearish
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O66NL Ichimoku_Trader
not totally agree with you on this....
price is right at resistance, if it takes it out the scenario is different
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O66NL O66NL
http://screencast.com/t/yxv4m2c2SnVe
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If you are interested, look for where i explain about the CS setup

Good luck
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My friend,

Please never trade except what you have conviction about

You will not understand my logic if you do not read my educational material
I understand you perspective and I respect it but I work differently

Thank you
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O66NL Ichimoku_Trader
why do you think i didnt read your educational material?
i believe i read somewhere, trade in the direction of the kijun?
isnt this pointing up?
maybe you can explain why your bearish based on the chart?
Which rules are in play?
abc pattern? CS setup? didnt read anything in your material about that...

Maybe im missing something. Quite possible
but can you please explain?
good trading
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Yes

I just pointed you to the setup
It is called the CS setup

I'll send you the slide on private chat
just a moment please
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Jon88 Ichimoku_Trader
Can you please share that to me as well as I am getting confused which direction I will follow. Thank you and I truly appreciate your time.
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ok

it's on my page
look for a slide called: A very lucrative setup to learn

If you still have problems then tell me

Good luck
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I agree ,Also the daily doji confirms the reversal ,but do u think the bulls will regain control ?
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I will fight them until the end .. sorry I mean until they win
Then i will join them ;)
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AmrSeif Ichimoku_Trader
we join them and they join us ,thats the rules of the game man ,but the weekly/monthly close above the 1.46 confuses me ,I do have sell positions around 1.46500 ,I don't know if to hold them or not :)
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I would take profit and try to re-enter at a better price
It's your call though
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That too

Thanks
+1 Reply
Done sell... Its not bull trap :)
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Ichimoku_Trader Sakakikunmakio
Elsewhere they call you a troll,

I like you, so I will call you the sakaki indicator. Sounds good too

Good luck
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Ichimoku_Trader Sakakikunmakio
I see you reprint..

That's not a good indicator feature though ;)
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Hi Master,

let me see, we are waiting for a reversal signal as you told "how to trader..."?

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Ichimoku_Trader MarcielSouza
Hi

Yes we are and it is getting exciting
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My first trad, thank you for sharing your experience.
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Ichimoku_Trader SalmanKhalek
Good luck
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snapshot

Got 1.487 as a target for this wave
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Ichimoku_Trader captain_smollett
well that's above WR2
I would be worried about my bull trap if we reach that level but then we can just do the CS setup

Let's see
Thanks
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captain_smollett PRO Ichimoku_Trader
It still can be a perfectly valid bull trap. For W5 I got a target of 1.34 so... I was checking my setups and many of them looked like not counting with such a "dovish" FED. So, many waves are extended and over-extended. It´s all about the USD, just need to spot a moment when the market will decide to give it a rest
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Ichimoku_Trader captain_smollett
OK
But, I hope it doesn't go that high
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