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4xAddict replied Apr 13, 2010Mate I can only imagine it is due to subtle differences used across the different tech analysis systems in calculating these points. To be honest a spread of 18 pips between yours/mine and the one at 1.5419 is not prohibitive, especially if you are ...
Ichimoku forever
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4xAddict replied Apr 13, 2010Hi mate, I find pivot points as a great way to identify natural areas of solid support and resistance. I normally set TPs at recent swing highs or lows but certainly consider pivot point areas as important hurdles to clear. See below image for basic ...
Ichimoku forever
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4xAddict replied Apr 13, 2010Hi mate, It is worthwhile considering that the current market on many pairs is starting to move sideways which can make getting solid signals with ichi much more difficult as it is most valuable in a trending market imho. When the market is moving ...
Ichimoku forever
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4xAddict replied Apr 12, 2010Nightyhawk, In its simplest form, the purchased euros will remain in the SNB's foreign exchange reserves until such a time as they find the need to increase the value of the CHF which they can do by buying the CHF back with the EUR they have in ...
Ichimoku forever
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4xAddict replied Apr 12, 2010Martingale Followup — url Check out this article for those of you considering this method. Remember there is a big psychological difference between building into a position that is trending in the direction of your trade - i.e increasing ...
Ichimoku forever
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4xAddict replied Apr 11, 2010Pivot Point Indicator — Attached is a pivot point indicator for MT4 as requested by Pedma. Cheers. 4x.
Ichimoku forever
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4xAddict replied Apr 11, 2010Martingale vs Money Management — Hi All, Regarding the martingale ideas that are being discussed, it is an interesting concept in theory however I cannot agree with any system that requires a trader to break their MM rules. Whilst ichi is a ...
Ichimoku forever
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4xAddict replied Apr 11, 2010Hey Asher, Dukascopy in Switzerland have a white label service to provide the background infrastructure for companies wanting to become brokers I believe. Not sure what the costs are for this service, you can rad about it on their website. It would ...
Ichimoku forever
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4xAddict replied Apr 9, 2010Hi mate, PM me about this and will explain further. I don't quite understand your R:R ratios. Always list what you could make first and what you could lose after the colon. Talk soon, 4x.
Ichimoku forever
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4xAddict replied Apr 9, 2010Have a great weekend all. Let's just focus on our next trade opportunities and not get caught up with trading groups. This is a solid, happy and developing group in this thread.
we've been at it for a long time now, let's keep it up. Looking fwd ...Ichimoku forever
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4xAddict replied Apr 8, 2010Hi Ichi Kid, Ichi is a great system for trading trending markets however in a sideways market it can be very tricky at times. The best method that I have found is to look at the longest TFs and see what the most recent daily trading range has been ...
Ichimoku forever
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4xAddict replied Apr 8, 2010Regarding E/G trade opportunity. I don't see this as a trade entry yet until the weekly kumo has been broken strongly. If you look at the attached image you see the weekly support level that is just below around 0.8725-30. Given there is room for a ...
Ichimoku forever
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4xAddict replied Apr 8, 2010Ok, with the target hit I am moving SL to 10 pips above KS and will just trail the price action down to the 1.3267 area of next main support. Not sure if I will close out the position at this time or just let it run out until it is stopped out. Will ...
Ichimoku forever
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4xAddict replied Apr 8, 2010Good morning all, Looks like the E/U position from yesterday may hit the initial target of 1.3300 if current sentiment continues. With the worries about the Greek economy far from over and Trichet to speak on ECB rate policy later today there is ...
Ichimoku forever
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4xAddict replied Apr 7, 2010Logging Out — Hi All, I am logging out for the evening now. Green pips to you and let's ride this E/U lower into tomorrow, looks like it's gathering momentum as I type this. Cheers, 4x.
Ichimoku forever
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4xAddict replied Apr 7, 2010Hi Ezmai, Yes I am still holding this position. It's a bit moody today this Euro but I will continue to hold this position unless I see some market sensitive news due on the calendar in which case I might close out given the price action is just ...
Ichimoku forever
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4xAddict replied Apr 7, 2010Hi Redbeben, Ok I understand what you mean, sorry I must have had a brain freeze the first time
I consider the lowest point of the previous move as important support and the lowest point of the lowest bear candle as the true low point. On the ...Ichimoku forever
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4xAddict replied Apr 7, 2010I agree with your attitude in general, however personally I make a habit of finding out what may have caused price to move against me if all of my trade setup rules are satisfied. Normally by following the newswires it becomes evident what the cause ...
Ichimoku forever
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4xAddict replied Apr 7, 2010Hi mate, can you explain in a little more detail your question again? I am really sorry but I am having trouble understanding the 1.3331 and 1.3320 importance, am I correct to understand that you are developing these numbers from previous lows on ...
Ichimoku forever