Thanks Vic, the reason most people are losing is that they are immediately trying to modify a system either by adding new indis, or changing TP/SL levels. Instead they can forward test the original system in a demo account to build confidence and ...

Ichimoku forever

When kijun-tenkan cross happened on M5, the bar closed at 133.37 and at that time, the price was below the cloud in all time frames and even the below tenkan line on H4. And the result is another +50 pips. No need to make things complex. Just check ...

Ichimoku forever

It was SP500 futures.

Ichimoku forever

My charts show M30 and H1 are still within the cloud and price is hitting the support on H4. Good luck on this one, Vic.

Ichimoku forever

Definitely a good choice, but we shouldn't forget about the boss bars. Unfortunately my broker does not offer this pair, maybe I can do a trick here by taking long GBPUSD and short NZDUSD. Good one Crude.

Strat's Long Term Stress Free Trading

Agree re. the importance of 94.50 level. We may have that glimpse by checking indices as they are higly correlated with JPY pairs.

Strat's Long Term Stress Free Trading

Not sure if your S/R lines are correct (no offence) as I don't have this pair. That may be the main reason. But on EURHUF chart, assuming your S/R lines are correct, you sold into the support zone.

Strat's Long Term Stress Free Trading

Definitely a much better and cleaner chart compared to EURAUD. I believe I have mentioned about this pair somewhere on this thread (may be mistaken, not sure) when we see the PA on first down arrow. Look at the pips gained between the two S/R lines. ...

Strat's Long Term Stress Free Trading

EURAUD is definitely trending downward, no doubt about it. But just to make you think in a different perspective, I'd like to attach EURAUD and EURGBP charts side by side. Look at both charts and can you see the difference? You see a very clear ...

Strat's Long Term Stress Free Trading

This is what I see, pretty simple ehhh!!!

Ichimoku forever

Watch out SP500 futures. As you all know, there is a high correlation between JPY pairs and SP500. As long as downward pressure continues on indices, up moves on JPY pairs will be limited. 990 level on SP500 futures is crucial, IMO.

Ichimoku forever

Maybe it is better to say "don't overtrade, one or max two trades per day are more than enough".

Ichimoku forever

I just gave that MM example to show Calderone that we don't need to trade more than one currency. Otherwise, everyone has different risk profiles and the trader himself/herself should determine his/hers and then trade accordingly.

Ichimoku forever

I have been watching the trades and never witnessed such gaps. Takes 1 or 2 trades per day. Important thing is to increase/decrease your trade size according to a certain/disciplined money management rules. Leverage is not important (it is how much ...

Ichimoku forever

Risks 5-6% of account balance each trade. Started with 1.6 standard lot which had USD497 SL for 30 pips loss. Then increasing/decreasing the trade size depending on the account balance. Currently trades 5.5 standard lot.

Ichimoku forever

You don't need to trade more than one pair. I know someone trading only EURJPY with fixed 30 pips SL and 40 pip TP. He has started trading this on June 1st, 2.5 months ago and his results are: June : +264 pips July : +448 pips August : +78 pips His ...

Ichimoku forever

I have closed my long EJ from M5 as per 50 TP rule, entry was 133.97 and exit is 134.47. Thanks Vic. for sharing and supporting this strategy.

Ichimoku forever

Vic, Did you bring your stop to BE after 25pips move in your direction?

Ichimoku forever

What is your criteria to say that? And according to which time frame? If you look at daily time frame, price is still above the cloud, but on H4 it is below. On the other hand if you check daily and weekly price bars, you'll see that price is making ...

Ichimoku forever

So it seems price closed just above the cloud on M30 and all other conditions have been met on M5, so I believe there is nothing wrong to take a long position on EJ with SL @ 133.38, below the cloud with some margin. Any comments?

Ichimoku forever