Bearish now, but why not...

FX:USDJPY   U.S. Dollar / Japanese Yen
953 26 46
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Comment: I am still waiting for this setup to materialize. Still looks good to me
Comment: NFP is coming in less than an hour. You can ride this trade out and see what will happen. In that case, please use a very good stop loss or you can close shop and re-open after NFP depending on the situation then

Good luck
Trade closed manually: Unfortunately, I left this trade before it concluded because I do not trade more than one pair during news. But as usual, CS setups just work. So learn them well

Have a good weekend
Thanks for the heads up on NFP news.. Made some profit on it..Thanks
Ichimoku_Trader IshanTripathi
very good
that's why we are here
when do you expect to go long and what CS stands for ?
CS is the green line = chikko span
and here is how to trade it

good luck
+1 Reply
shero Ichimoku_Trader
Thx, I'm almost the only one who uses Ichimoku indicator among my friends, I fell in love with it when I read about it.
and I prefer to trade the direction when the price penetrate the cloud but i never understood the part related to the color of the cloud ... in the above picture the cloud is green shouldnt that mean that the price is moving up ... but that isnt happening !!


1. I do not trade traditional ichimoku. i have my own method. So be careful when you compare what i do with what others do
2. The kumo is many things. it is not a signal provider. the color of the kumo is not very significant
+1 Reply
If you look where the cloud is expanding you can see a "cloud twist" which indicates a change from bullish to bearish sentiment. Notice the relationship between the cloud changing color and trend changing direction earlier in the chart.
Ichimoku_Trader BrokeTrader
NeoRa Ichimoku_Trader
Hi Ichi, on the snapshot provided I see you indicated two points which are point 1 (Bullish direction) and point 2 ( Bearish Direction). Lets assume that the market reversed at point 1, would you take a long position even though the CS was inside the cloud?

I am sorry but i do not know what the 2 points you are referring to are so please clarify
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