Ichimoku Trading

Discussion in 'Forex' started by resurrector, Jul 15, 2011.

  1. Attached.
     
    #61     Nov 29, 2011
  2. Hello, Anyone else know other sites similar to myfxbook.com for Oanda Java Platform? They used to have it but they removed it.


    Regards,
    res
     
    #62     Nov 30, 2011
  3. All position closed out through market order. Emotion took over me. Decided to stay out.

    Profitable trades.
     
    #63     Nov 30, 2011
  4. Had waited till after the released of non-farm payrolls data. (Staying out is also taking a position)

    1. Had waited for quite some time. Finally, an ichimoku strategy set up appeared. Tenkan-sen below the jikun-sen, both lines below, or near the lower part of the kumo cloud. Chikou-sen had also cut below the jikun-sen. Price itself also trading lower below the tenkan-sen. Initiated a short position.

    2. It took quite some time for the price to trade lower. Closed out the position partially for profit taking. Lower stop loss as it was almost midnight.

    3. Stopped out.

    Good profit for the day.

    (P.S: Stop loss level should be further according to ichimoku strategy. However, it's late here...)
     
    #64     Dec 2, 2011
  5. It was quite a slow day from 0800h US timing.

    1. Price was trading above the tenkan-sen, with tenkan-sen above the kijun-sen, and above the kumo cloud. The chikou span also cutting above the kumo cloud. Placed a stop in order, which was triggered shortly.

    2. Profit target, closed off partial positions

    3. Price traded lower, below the kumo cloud. Stopped out. All positions closed.

    Call it a day.
     
    #65     Dec 5, 2011
  6. It was another slow and steady day with a typical ichimoku trading strategy for EurUsd.

    1. Price was trading lower, with tenkan-sen below kijun-sen. chikou span also below kijun-sen, and all three lines below the kumo cloud. Placed a stop in order which was triggered subsequently.

    2. Placed order for target profit level to closed partially. Unfortunately, price was just few pips away... Order was cancelled subsequently.

    3. Price stopped out in the mid of the cloud.

    Profitable day, could be better though, called it a day.
     
    #66     Dec 6, 2011
  7. EURUSD 07 December 2011 Ichimoku Trading Strategy

    No idea what has happened as of now. Stopped out.

    Staying put to see any more trade opportunity. If not, will call it a day.

    Please leave a message if you have knew what happened.
     
    #67     Dec 7, 2011
  8. The price moved quite a bit prior to the US timing.

    1. Awaited for the opportunity to have typical ichimoku trading set up. Placed a stop-in order which was triggered soon after.

    2. The first partial closing was for profit taking. When tenkan-sen cut above the kijun-sen, with chikou-span cutting above the 26 period high, closed off partial position again.

    3. Price penetrated above the kumo cloud. All position stopped out and closed out.

    Called it a day. Some profit for the day.
     
    #68     Dec 11, 2011
  9. Not a good trading day...

    1. Tenkan sen below kijun sen and both below the kumo cloud. Chikou sen also trading below 26 period low. Placed a stop in order below the price, triggered subsequently.

    2. Stop loss was shifted lower when tenkan-sen come in-line with kijun sen. Price penetrated upwards hitting stop loss.

    Called it a day. Fed meeting later, probably price will be choppy...
     
    #69     Dec 13, 2011
  10. Had established a few short positions for EURUSD earlier.

    These positions were established based on fundamentals coupled ichimoku trading concept.

    The EURO zone crisis remains, and the outlook is negative.

    When the price traded near/in the kumo cloud, positions were established in shorting the EURUSD.

    The stop loss was set at a level away from the top of the kumo cloud when the positions were first established. The risk of loss had been gradually reduced as the price traded lower.

    Positions to maintain. Will continue to add on when opportunity arises.
     
    #70     Dec 13, 2011