Ichimoku_Trader
Short

USDCAD going short (&re-entry for the daily trade)..

FX:USDCAD   U.S. Dollar/Canadian Dollar
963 51 38
..
Comment: I think that we will have a deep retrace. Here is a plan to trade up to the kumo (not recommended). If you decide to do it, then go down to M15 and for a shift of trend before you enter.

We'll catch going down...
snapshot
Comment: If you have taken the Kumo signal, please note that we are now near the KS. I suggest closing your position for ~50 pips
Happy pips ;)
Trade closed manually: This chart will no longer be updated
i sold roughly 3hrs ago at 1.2878, don't know if that was the best idea.
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too expensive
always try to enter at KS or the kumo at least at TS
+1 Reply
fatkumo Ichimoku_Trader
I find it difficult to enter at TS/KS with a valid signal sometimes.
I feel as if the price is at the ts/ks its a green candle and once a red signal i'm typically out of the area.


When you say enter at the kumo what does that mean?
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Try the KS method.
No guess work there
Just buy at KS .. static or dynamic
It works and it will save you the trouble watching the markets
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fatkumo Ichimoku_Trader
is it okay okay to trade in the clouds if price touches KS?
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not if you are trading the KS method
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fatkumo Ichimoku_Trader
okay i got it.
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sell expensive and buy cheap, if the price has gone too far, be carefully.
+1 Reply
Ichimoku_Trader MarcielSouza
There is a slide about how the KS represents the fair market value
Why would you get ripped off?
+1 Reply
Is possible retest on the trend line ?
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Ichimoku_Trader MarcielSouza
as long as we do not break CL, we are fine. I think the TL is above that
NOt sure
+1 Reply
MarcielSouza Ichimoku_Trader
that is my concern, if the price does not break up TL could still be a good trade?
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Ichimoku_Trader MarcielSouza
no
we should not break CL
That would be a change of structure
+1 Reply
fatkumo Ichimoku_Trader
also found opportunity in GBP/USD GBP/CHF AUD/USD Longs, EUR/GBP USD/CAD Shorts on H1's.
How many are wrong, if not all? lol
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what do you mean?
If you want me to comment on them please attach them
+1 Reply
fatkumo Ichimoku_Trader
snapshot

Short
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fatkumo fatkumo
sorry i mean long
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fatkumo fatkumo
snapshot

long
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GU = RIGHT
GC = RIGHT
EG = RIGHT
So in terms of direction you got them all
In terms of would I trade the and how .. that's something else
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fatkumo Ichimoku_Trader
Enter at KS?
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fatkumo Ichimoku_Trader
any idea why they all went sour and became losses? this is nuts
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right
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fatkumo fatkumo
bought at 1.334
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fatkumo fatkumo
ignore this bought comment
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very wrong
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fatkumo Ichimoku_Trader
is it because of the TS pointing down?
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you were right .. you corrected yourself
all were right
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fatkumo Ichimoku_Trader
GBP/CHF is wrong i'm understanding?
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fatkumo Ichimoku_Trader
snapshot

long
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fatkumo Ichimoku_Trader
snapshot

short
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fatkumo Ichimoku_Trader
which ones was i wrong with?
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non
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thecrackking Ichimoku_Trader
Would you buy USDCAD of off current levels (1.28903)?
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Ichimoku_Trader thecrackking
nope...
I'm a bear
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thecrackking Ichimoku_Trader
In general? or just on this particular trade?
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Ichimoku_Trader thecrackking
In general, I'm a falcon (look at my picture) .. lol
on this pair and this timeframe I'm a bear
+1 Reply
Ichimoku_Trader thecrackking
Eagle .. sorry
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thecrackking Ichimoku_Trader
LOL. Well I am a bull, guess we are on opposite sides on this trade then lol
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Ichimoku_Trader thecrackking
ok, That's my bad luck
But please be careful. This chart is screaming BEARISH.
There is not even a single thing that makes one hesitate..
+1 Reply
thank you
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Hi, guys, i am a new trader. A quick question, what is ks method and kumo in this context?
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I think USDCAD is near reversal here.
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Friday and the market will close soon.
Best to book your profits
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Ichi is this trade no longer valid since CL broken ?
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Actually, it is a good trade that needed some redesign. Unfortunately no time though
Crossing CL invalidated the trade in its original state
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NextgenDad Ichimoku_Trader
ITs ok I dint enter because I was unsure better than a loss
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Great choice
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NextgenDad Ichimoku_Trader
Still think its bearish over all ?
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Yes but it is tricky to trade because this could be a deep retrace. The safest way is to wait for a switch of trend to the downside on H1. But still it needs care to tade
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NextgenDad Ichimoku_Trader
Thank you
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;)
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