Ichimoku_Trader

July Questions Log...

FX:XAGUSD   Silver/U.S. Dollar
796 150 30
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Comment: @premierassetgroup asked:

Q: I'm a bit confused on the whole weekly planning thing.
Do you have some background on why you plan even though you've mentioned you'd trade based upon the TF only?

Is there an introduction on your weekly planning system and why you do it?

My answer:
The H4 planning charts are actually stand alone trading charts that give you the basic information you need to trade a pair during the week on H4
So the term planning refers to the trades to be taken on these charts during the week

NOW, you can also use these charts to enter H1 trades only in the direction of the H4 charts. That will give you a higher % of accuracy. H1 charts are also stand alone trading charts

SO, you can eiter use these charts together or use each of them totally independently of each other
Comment: Thank you for placing your questions on the log. It is very useful for others so please try to drop everything here. I try to answer everything...

Also, Please do not forget to like the log as well as my charts if you find them useful
Have a question regarding buy and sell zones. From a few months ago there is a chart on EUR/USD title'd, "I'm sure..No I'm not..." Price touched the border of the buy zone only to reverse,signal and hit target. The EUR/USD is very close to hitting target again today after another touch and reverse off the border of the buy zone. Very similar.
My question is how did you determine your buy zones?
The fact that price in fact touched off the zone shows the validness of them. I interpret that the need to actually enter the zone must fit a criteria with higher probability results? Or is it more based off R:R ratio?
Thanks again
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The zones are built around the ichimoku lines which are very powerful lines because they represent the 50% retracement level on 3 different TF. as you go deeper into the zones, it becomes easy for price to react due to psychological issues pertaining to these areas.

You can find some slides in my educational material that address both the psychology as well as the zones

Good luck
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What is your prediction for silver over the next few days and weeks of August please?
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Silver is currently correcting and after it finishes, it should go up at least to the previous highs
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in ichimuki there are KS is 26 period . TS is 9 period and SSBis 52 period .. so what is SSA based on? what period and calculation?
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SSA is the median of TS and KS. In other words, it is just the mid point between the 2 lines
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jkanani27 Ichimoku_Trader
tq .
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I have been recently introduced to Ichimoku, I understand the signal levels, cloud and the whole tenkan and kijun cross above and below the cloud.

My only problem is where to place the entry, stop loss and target using Ichimoku? Is there a rule like the ones used with Fibonnacci for placing entry, stop loss and target?

Thank you.

Felippe Oliveira
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Ichimoku_Trader felippe.correia
yes, place it at the last pivot before your entry
+1 Reply
felippe.correia Ichimoku_Trader
Just to see if I understood your stop would be below the lowest low before your entry correct? What about the target?

And if you don't mind answering another question, I've just read your material on Ichimoku on your educational tag, I was wondering, how do you trade when the price is away (by a lot) from the Cloud and the KS (even when the KS is not flat) ?

Thanks
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Ichimoku_Trader felippe.correia
With regard to your stop .. yes you are correct, once you enter, place it beyond the latest high/low
As for the targets, well that varies according to the type of market that you are in. So no generic answer here

That is a sign of a tending move .. when price moves away (by a lot from KS)
So I just hold my position until the move is finished
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felippe.correia Ichimoku_Trader
But I mean, Do you still enter the trade when the bars are far away from the KS? Or you wait for it to trail back and expect a new opportunity?
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Ichimoku_Trader felippe.correia
If the bars are far I wait for them to get back to KS because it is the fair market value
So I like to buy at fair market value
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felippe.correia Ichimoku_Trader
Thanks Ichi. Helped a lot
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Hey Ichi! Based off of what I've studied so far, it looks like the AUDUSD and the NZDUSD are both on their way to break outs from the Kumo (1HR Chart). At what point would I wait for a sell signal if these are actual shifts in trend? Am I waiting for price to retrace back to the KS?
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Start looking for your seels at...

A break of 0.7445 for AUD
You can already start looking for NZDUSD
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So try to enter at KS once the breaks happen
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tmugleston PRO Ichimoku_Trader
Thanks! Are "seels" mentioned later on in your slides? Im not sure I've made it that far...
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seels = sells
it's a typo

thanks
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tmugleston PRO Ichimoku_Trader
Ha, thanks. I wondered, but thought I should make sure.
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good thing you did
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In the current chart of EURUSD and even AUDUSD, why didn't you trade the CS setup instead of waiting for the price to touch the SSB before entering the trade ? Thank you.
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That would have been a good option
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thanks ichi, what i learned for now and found really good and promising is : go long only when we r above the kumo and short when we under (entry on retrace btw 'ks and 'ts).

wondering when is the good time to exit a trade in profit ? u can set up 'tp and 'sl and go away, but i dont like.

for example in this trade (i dont like the 15 min) :
eurnzd 15 min - trend - fail

i should exit my position with the first 2 doji (first red arrow), but later as u see it went to target (forget about sl).

i have in mind this exit techniques:
- when candlestick signal is formed
- when i start having a low momentum candle (small ones)
- go to a lower time frame and exit when a HA doji is formed

i write a lot ....
waiting for your feedback
thanks
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First of all, my method says that you trade with the KS regardless where you are in terms of the kumo
As for TP, there are many ways to do it and it depends on the environment rather than anything else
Maybe i'll do a slide about it someday

Good luck
+1 Reply
TAJIR_B Ichimoku_Trader
looking fwd for that slide
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I'll try to do do it soon...
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Previously you've mentioned in a H1 timeframe to place stops on previous days Hi(if going short), and Low(if going long).
Then I read you mentioned on another H1 timeframe i believe, you mentioned to place stops on previous close, which i understood as previous bar/previous hour.


I may be misinterpreting you somehow, and I'm sorry.

Are there different type of Stop levels on various setups?
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yes there are different ways that I place my stops
I'll try to be more specific from now on when I speak about that
Thanks for pointing out
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fatkumo Ichimoku_Trader
Thanks!
I thought I was losing my mind.
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not yet anyway ;)
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If a stop is punctured of the previous close on a hourly candle, you mentioned to repeat entry based off of KS, do we actually wait until it breaks the line again?
It seems to breach previous candles/closes quite frequently.
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hmmm
I'm not sure I got your question
Can I trouble you to clarify it please..
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In other words; if the Stop is triggered and trade becomes void when do you go back into the trade if the trend remains the same. Do you wait until the candle touch KS/TS again?
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I wait until i get another signal of the same type that I intended to enter with
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fatkumo Ichimoku_Trader
so basically wait when it touches again to get in? after all we wait to buy at KS because its a good price as you've mentioned, am i right?
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yes ...
KS or better
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fatkumo Ichimoku_Trader
gotcha thanks
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a question about he higher time frame charts (4h ad daily). Example 1 ht chart: As the kumo indicating the trend of the higher time frame (52 period), why i should look also for a multi time frame analysis (4hr , daily). is kumo enough or we have to look for the ks on bigger time frame?
thanks
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When I trade I do not look except at my trading TF
Sometimes I use the other TF to align with the trend on the higher level. It is not necessary though
Ichi already shows you 3 TF. So you really don't need more
+1 Reply
I'm a bit confused on the whole weekly planning thing.
Do you have some background on why you plan even though you've mentioned you'd trade based upon the TF only?

Is there an introduction on your weekly planning system and why you do it?
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I'll answer your Q in my comments at the top..
Thanks
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fatkumo Ichimoku_Trader
so you use the H4 TF generally to see the bigger picture, and then you use the H1 TF to zero in and use the same strategy to basically sniper in on the trades, am i correct on this?
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no
I use them independently except for the issue of tying the trend direction together
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fatkumo Ichimoku_Trader
so if the H4 is showing direction of being bullish, your H1 strategy direction should be bullish as well??
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It doesn't have to be
For you, you will be more successful waiting for the trends to align, for me, I have methods where I can manage both ways
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fatkumo Ichimoku_Trader
okay, so i gather that it is optional.
But when you say we would be more successful waiting for trends to align, you're referring to both TF's showing same trend i.e. bullish or bearish?
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I am referring to the smaller aligning with the larger
I will also be doing D1 planning charts .. and I'm looking forward to the questions when that gets into the equation.

LOL .. should be lots of fun
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fatkumo Ichimoku_Trader
Smaller aligning with larger? What's aligning the candles? The breaks from KS lines? I'm confused.
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I'll try to find a way to clarify this later
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Thanks again for taking the time to answer questions about how you trade your method.
Here's another: Are all signals during the Asian session considered valid? Do you take volume into account at all?

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The pinnacle of The PanOptic method is trading both time and price. That is achieved by studying the concepts of Twaves and Pwaves
Up to now, i have found that time will not work if it is not something that is agreed upon by mankind as a whole
So .. My smallest time element that I take into consideration with high success is a full day of trading. Maybe in the future i will be able to design methods to take smaller elements into consideration but until now it is at least a day
So any signal during a day regardless where it comes from is valid...
As for volume, I do not use it due to its unavailability. I use momentum instead which can open the window on the same information but from another perspective
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BenL Ichimoku_Trader
By Twaves and Pwaves I'm assuming the incorporation of Elliot Wave and Fibonacci into the method?
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no
Time waves and Price waves are a concept unique to the PanOptic Method.
They are types of waves but are different than EW
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BenL Ichimoku_Trader
Ok. I understand. I'm looking forward to understanding the Twaves and Pwaves. Thought I was finally starting to put the last pieces into the puzzle. LOL.
Beginning to fall in love with Pan Optic
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Well, you can do very well without them
So don't underestimate what you have already learned

I love it too...
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Is it necessary for the TS to be equal or above KS in order to go long?
Or
TS to be equal or below KS in order to go short?

Also where does CS stand in all this?
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In the PanOptic method, the TS/KS relationship is not used to determine the trend direction. So no
Also, when TS/KS are flat on top of each other, that is not a very nice place to be. It is a sign of no momentum.
As for CS, I use it for setups, for trend strength, for market structure and for clarity
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fatkumo Ichimoku_Trader
Understood...
So is there an ideal place for the CS to be when going long or short?
Thanks
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off course, CS should be giving you a positive reading as to your trend direction.

Here is a slide to help u:

Ichimoku "The PanOptic Trading Method" / Using CS...
+1 Reply
fatkumo Ichimoku_Trader
Wow.
Eyes.
Opened.
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;)
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So in that case if there's no relation to the point of the KS & TS, and as long as the close of the candle is in between these two, how do i determine if i want to go Long/bullish or Short/bearish?

the direction of the KS?
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yes
KS is your trend gauge. nothing else
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fatkumo Ichimoku_Trader
Fantastic
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Hey Ichi,
Do you have specific names or descriptions for each of your setups that you have taught thus far? And if so, can you give me a list of just the names please? I want to consolidate the setups into a list so I can specifically memorize them better. Lots of educational material, and I love it!
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Hi

yes I do. check under my educational tag on my page
they're all there
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How should we use WPP on a H1 chart, or H4 chart? what significance does it play with a bullish/bearish market?
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You can build your trading around these points but I use them to build a bias as to the initial direction of the market
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So, currently on the AUDUSD chart, price is breaking the TS. Would that be a good indication to buy with the trend? Or is the KS and SSB too flat to make a decision. Also, according to the Buy zone you posted for Tuesday charts, it is stall way off. Sorry, my head is spinning right now.
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step 1 is to always decide on the area to buy
step 2 is to decide on the signal strength you want
So what you are asking about is step 2. You can do it in 4 levels (for continuations)
+1 Reply
tmugleston PRO Ichimoku_Trader
So, how do you determine which level to enter with?
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tmugleston PRO tmugleston
BTW, I know what the 4 levels are...Just asking how you determine which one is better for that particular trade.
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depends on the market strength
So both the zone and the signal level depend on the market strength
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depends on the market strength
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tmugleston PRO Ichimoku_Trader
Excellent. Thanks!
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;)
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I think I've officially confused myself with your KS trading method and the panoptic trading method.
what are the differences?
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The PanOptic is built on the KS method but it is much ore sophisticated

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fatkumo Ichimoku_Trader
I'll just stay out of the clouds if it minimizes risk as i'm a beginner.
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good call
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fatkumo Ichimoku_Trader
=)
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tmugleston PRO tmugleston
Looking for feedback on my analysis. Thanks.
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fatkumo tmugleston
i think you're good according to the method of buying in between ks/ts.
But i'd still wait for confirmation from ichimoku_trader.
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thank you
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Sounds good
Momentum also supports you but choose your entry signal wisely
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what do we have to look for with the CS line when trading the KS25 method?
I know when and where to buy/sell but what does the CS have to show in order to know its a vaild trade?
I'm a bit confused because i'm observing your entries and its showing typically not much trend based upon CS vs candles
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1. CS prints on the close so in a breakout situation yo can use it only after the candle closes. Do not rely on it during the breakout itself
2. For trading CS has to have a positive trend strength
3. My entries are usually retracement entries. During retracements, you have to expect a very low trend value. That is normal. If I wanted to trade breakouts, I would look for higher numbers


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fatkumo Ichimoku_Trader
So basically for retracements you don't look much for it. I got that.
As far as positive reading goes what exactly do you mean by that?
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more than 0 is positive
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fatkumo Ichimoku_Trader
positive for both bullish and bearish?
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yes
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fatkumo Ichimoku_Trader
got it sir
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TP zones are my biggest concern, you've mentioned a combo of ssb and fib%, can you elaborate a little on this?

Reason why i ask is because i don't have a problem entering a trade, but exiting at an efficient level instead of the previous days close as a stop doesn't quite help as much.


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i don't like to talk about this because the proper way to exit is by letting the market kick you out
So just be patient and trail your stop at the pivots instead of taking profit at certain locations
you'll make more money in the long run
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fatkumo Ichimoku_Trader
Completely understandable, okay great so a benchmark are the pivots, if i'm trading an H1 do i look at the daily or weekly pivots?


I'm noticing the weekly pivot and its below the market how do i use it to project an exit zone?
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I have a slide about KS pivots and using them for stops
Do that
You can also use TS pivots
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fatkumo Ichimoku_Trader
I'm assuming TS is more sensitive?

Also, i'm in your education tag and can't find that page, can you provide this please?
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use TS at the end of the trend

How I Trend Trade (2)

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fatkumo Ichimoku_Trader
EYES.
OPENED.
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;)
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i want to learn this stragty .can u help me?
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Ichimoku_Trader prince125700
yes please start by reading my educational material on my page
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prince125700 Ichimoku_Trader
can not find the material
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Braintrnsplant prince125700
Read everything on educational section
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The KS (as well as TS and SSB) describes a wave from bottom to bottom or from top to top. Did you observe any relationship between bottom cycles and inverse (top-top) cycles?

I know that soon or later your patience will finish: please tell me a little bit earlier and I'll stop to bother you.
:-))
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Ichimoku_Trader Braintrnsplant
no bother
well your cycles observation is correct and very significant
The relations are very clear and can be very clearly measured and defined
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Braintrnsplant Ichimoku_Trader
:-)

Thanks
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Ichimoku_Trader Braintrnsplant
;)
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Braintrnsplant Ichimoku_Trader
Is this the basement of your Twaves?
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Ichimoku_Trader Braintrnsplant
Pwaves
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Braintrnsplant Ichimoku_Trader
Oh.
I see also time....
;-)
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Ichimoku_Trader Braintrnsplant
Twaves are another dimension
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why did the pick the name "panoptic"? does it mean somthing special?:)
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How I Trend Trade the Market "The PanOptic Trading Method"
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Hi Ichi,
I have doubts how to handle situations like in the attached chart, when KS has microtrends in one and other direction but is not a KS25 Pattern. How can we manage this situations?
snapshot
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narcalen narcalen
in a traditional way we are in a range but with PanOptic Method?
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Lohan52 narcalen
wait for retrace to KS we have a dubbeltop its not a good risk reward
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actually you have 2 options:
1. trade this (it is tradable and profitable but very boring)
2. consider it SSB100 setup and wait for the breakout
+1 Reply
i would do 2 so as not to waste my time and i would expect some kind of triangulation at the end of the setup to trade
+1 Reply
narcalen Ichimoku_Trader
thxs a lot
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A crossroad
snapshot

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why not down?
+1 Reply
narcalen Ichimoku_Trader
it's option 4
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I mean why are there options?
+1 Reply
narcalen Ichimoku_Trader
1- ML and turn down
2- more deep retraction and then down
3- Lateral coreection
4- Down directly
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yes but i mean those should not be options .. options implies that you will trade them and you should only trade with the trend .. down
Unless you mean that these are just possibilities not for trading
+1 Reply
narcalen Ichimoku_Trader
of course, I just was figuring out the posible scenarios
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agreed
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HA candles advised to give price direction? Or standard?
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both are good
HA are easier, normal ones have more info
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some times i see u using trend line, channel ect. , they are used to better understand the direction , entry and possible target , right ?? thanks
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yes but mine are derived from ichimoku. They are not any trendline
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TAJIR_B Ichimoku_Trader
thanks , maybe u can make an eductional slide about that to understand it better
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sure
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Hey Ichi, I would like to go long on the AUDUSD with what I think is a level 3 signal. Could I get your input on taking that trade?
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off course but not on this chart ;)
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A view of Eur/Jpy, please let me Know my mistakes.
snapshot
+1 Reply
Very nice except that I would look for a stronger signal. Maybe level 4
+1 Reply
narcalen Ichimoku_Trader
thanks again, It's because the TS slope?
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yes and the deep retrace is scary
+1 Reply
it's too fast
+1 Reply
audnzd 1hr - trend

any feedback ?
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could be nice..
I personally don't like to take trades that retrace less than KS. But that's just a personal preference
+1 Reply
TAJIR_B Ichimoku_Trader
u r right, maybe i go with signal 2
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ok
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hi, I try to learn from your Educational and i follow your trades. I see, that I and other newbies have problem with specific vocabulary. There is many like TS, KS, retracement, counter trend etc.
maybe you could prepare small dictionary like " How I trend trade...". In one place would be many useful terms. Easily could be supplemented when some body would ask for new word or symbol. I can imagine how it is boring for you and other experiend followers to explain the same again and again.
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Hi

Actually, I did not do that or explain what ichimoku is or how it was built because this information is easily available on the internet
So just look it up and read about ichimoku just to understand what it is and you will be fine

Good luck
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Hello ichi, what do u think about this:
- Having our chatroom on TV;
- Trades log for optic method ideas devolved by the community;
- Webinars (we really need it ).
Thanks
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