If we close above CL, the trade is no longer valid. I think we will not though .. so let's wait and see
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The current candle MIGHT be our signal candle.. No rush .. let's wait for it to close before we dicide
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Guys ... We actually have a similar trade on H1 for our project 1001 pips. So fxprotrader posted an earlier entry than mine if you would like to take the trade as per the trading plan there
here it is. Open the chart and find the entry in the comments
Trade closed: stop reached
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This trade is no longer valid with my setup due to passing the CL
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Please follow this trade on Fxprotrader's setup It is still active
Comments
rist
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if I may ask, what dictates the sell zone in this case?
Ichimoku_Trader
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There is a signal here that I call the KS stretch.
I haven't talked about it previously so you probably did not hear about it
Allan
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It would be great on of your helpful post about it :) Many thanks again for sharing
Ichimoku_Trader
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ok
vava
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are you in?
Ichimoku_Trader
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no signal yet
impiouscapital
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How do you define the signal? I am learning a lot from you. Thanks in advance for a response.
Ichimoku_Trader
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Glad to hear it
9ofalltrades
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same as muj, thank you for the time and effort put into these charts. def learning a lot. One quick question regarding this trade....are we looking to enter on smaller TF (15M or 1H) or level 1 signal on 4H chart? Thanks again!
Ichimoku_Trader
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Glad to hear it..
no, this is the entry timeframe. Please don't go down TF as that might cause you to fail