FX:USDCAD   U.S. Dollar/Canadian Dollar
510 8 14
8 months ago
Once price breaks the 2nd breakout level look to buy either at a the breakout or after a retracement depending on your style of trading

Keep your stop tight if you choose the break out

These are my trading ideas and opinions. You can adjust them as you like.
Trade smart and make it fun

Please follow, comment, and like

Good luck
8 months ago
Order cancelled: The momentum is currently very low thus minimizing the chance of a strong breakout that can carry us to our target areas.

I'd rather wait for now until things are clearer. I'll update you then

Good luck
Pressing the like button encourages me to continue publishing my ideas and is highly appreciated...

I have a section on my page under the tag "Educational" that contains a lot of information on my trading method, please take sometime to read it...
MarcielSouza
8 months ago
Hi,

thanks for share your ideas,

what do you mean by low momentum?

thanks,

Reply
Ichimoku_Trader MarcielSouza
8 months ago
Hi,

Momentum: the impetus gained by a moving object where the moving object here is the price

Without momentum breakout moves usually fail. So this was a breakout move and the momentum was weak so I cancelled it

I hope that helped
Reply
jarvisteam
8 months ago
Reading this I'm confused. Previously you stated that following the KS was the key. The KS is moving down here, why would you think there'd be a breakout?
Reply
Ichimoku_Trader jarvisteam
8 months ago
good question

As I am more advanced, I sometimes use things that you might not know. So please bare with me
For this trade i am assuming the BO will happen over enough time whereby when it happns it will cause the KS to turn up

Good luck
Reply
jarvisteam Ichimoku_Trader
8 months ago
BO?
Reply
Ichimoku_Trader jarvisteam
8 months ago
break out
Reply
jarvisteam Ichimoku_Trader
8 months ago
oh, gee, how'd I miss that. Thanks again for what you do!
Reply
Ichimoku_Trader jarvisteam
8 months ago
no problem
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out