How I Trend Trade with Ichimoku (finding divergence)..

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U.S. Dollar/Japanese Yen (FX:USDJPY)

FX:USDJPY U.S. Dollar/Japanese Yen

educational

This is a great tool that I have never seen anyone talk about. Well, I'm talking about it

Wow I thought I knew how to trade Ichimoku, clearly I am learning new stuff everyday... fantastic indeed!!!

Antilogs

Thank you

Learning new things about old things releases us from shallowness

Good luck

Ichimoku_Trader

Yes indeed... its really awesome....

Antilogs

Thank you

No need indicator.. Dont afraid... Sell this pair every rise till... 105... Then when it rise again sell more... Till 103-102-98 :)

Sakakikunmakio

Thank you, Me no afraid

Why do we need an indicator if we have you. I'll just stick you to the chart ;)
Actually, I think 101 is a good target. The problem is finding safe entries.

Good luck

Thanks for explanation. I didn't know using ichimoku for finding divergence. Now, I can see divergence/convergence. The first TS/KS region (2016 January) is under Kumo smaller from yours first yellow circle.

Can we see hidden divergences with ichimoku?

kinkohyo

Hi

Off course you can see hidden divergence as well. It is just the opposite.

Good luck

I knew it was there. You opened my eyes. And now I see it. Thanks. :)

FXSpider

That really makes me happy

Good luck

Ive used the Ichimoku System for several years now, can't trade without it...

ChristopherMichaels

Nice,

If you understand it you don't need to trade with anything else and you surely should not trade without it ;)
I wish you would use the CS line though

I wish you the best

Dear Ichimoku Trader, Could you please elaborate on the fact that you do not apply your analysis to SP500, DAX or any other equity markets ? Thks for your help

FBO

I have nothing to elaborate about
I just don't follow them

But if I feel there is a need from you guys to do them, I'll do them
No problem

This is really interesting, I've always tracked the spread between the Kijun and Tenkan, but never thought of it as a way to see divergence. Adding value every day. Thanks

ShirokiHeishi

Thanks

I'm happy you see it now
I hope it helps

Good luck

Amazing. I never thought of using Ichi to find divergence .. Thank you so much ..

Jazak allah 5yra

barre

Wa iyak

I am a little lost in this concept.

Could you better explain the divergence in the area you marked?

thanks

ericholzer

I'll try to do that with live examples
Follow my trades

Good luck

Ichimoku_Trader

maybe I get it

the more distance between TS and KS mean greater divergence

ericholzer

yes less is less and more is more

even looking at Structure with Support and Resistance .....thanks this is very motivating

KassimLa

Thanks

Thanks for this and all your varied material which I've been working through. They are probably a bit basic but I have two questions on this:

1) when you say that the price went lower with the second example despite the smaller gap between the TS and KS do you mean the depth of price continuing to the downside after the retracement in each case? i.e. the longer two large red candles in the second one?
2) Having spotted such divergences, could you explain how they can then be used / what is the interpretation? In this instance, for example, does it make the whole picture look more bearish?

Many thanks

MC2016

1. I mean that price in the second bubble is lower than the first
2. Divergence that we talk about is between price movement and price acceleration. The assumption is that for price to reverse, it must:
a. decelerate
b. stop
c. reverse
So divergence is telling us that it is decelerating. So it is like an early warning sign.
Off course it could decelerate and then accelerate again so not every divergence will go trough a,b and c

What is the significance of the divergence? In other words, what does it tell us exactly? A higher divergence higher upcoming momentum?

fatkumo

I just answered that above.
As for highr TF divegence... it implies a deeper retracement on your current TF

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