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- Blackeagle replied Aug 18, 2009
Which time frame, Calderone? And I believe we are using the position of price with respect to cloud as a leading indi, not the bear/bull cloud itself.
Ichimoku forever
- Blackeagle replied Aug 17, 2009
When that cross happened on M5, the price was under the cloud on M15 and M30 which means you actually traded against the trade and also against the rules. Remember what Moody wrote in his first post: " I think we lose because of 2 major reasons ...
Ichimoku forever
- Blackeagle replied Aug 17, 2009
Although you have mentioned in several posts that how you move your stop, can you please explain how you did manage this last trade in terms of trailing stoploss such as; 1- Assuming you have entered the short trade at the close of 04.55 bar at ...
Ichimoku forever
- Blackeagle replied Aug 17, 2009
After posting my chart, I looked at again your daily chart and realised that you don't have Sunday bars. Then, I tried Alpari RU which does not have Sunday bars and it shows Kijun line at 133.35 whereas Senken has the same value with the MT4 servers ...
Ichimoku forever
- Blackeagle replied Aug 17, 2009
Still not clear, I have checked several other servers with different data and all show that senken is around 136.10 and kijun is around 135.20. Attaching my chart. Can others post their senken and kijun line values on daily EJ here please? Thanks
Ichimoku forever
- Blackeagle replied Aug 17, 2009
The kijun line on my daily chart is at 135.21 so I don't understand how it may give a support when price is at 133.50, can you please explain?
Ichimoku forever
- Blackeagle replied Aug 17, 2009
It seems we had another Short trade signal on EJ three bars ago on M5 though the cross was just inside the cloud, not below (I think this is acceptable for a complete strong signal, agree Moody?)
Ichimoku forever
- Blackeagle replied Aug 16, 2009
Moody mentioned several times that the entry is from 5M charts and he is using 15M and 30M to determine the trend. If you like you can keep watching H1 and H4 to have a general idea where the price is, but since he is an intraday trader, 15M and 30M ...
Ichimoku forever
- Blackeagle replied Aug 12, 2009
Maybe not... Remember Dr. Joe's replies (I believe this is the most important advice here when combined with PASR): " “How do you know when to stop buying?” “When it stops going up.” “How do you know when it stops going up?” “When it starts going ...
Strat's Long Term Stress Free Trading
- Blackeagle replied Aug 12, 2009
Trade Plans please? — I have attached AUDNZD Daily chart and would like to hear your trade plans based on Strat's teachings.
Strat's Long Term Stress Free Trading
- Blackeagle replied Aug 5, 2009
USDCAD — Agree, a close above 1.0760 will be the first positive sign, then we may see a weekly hammer, wait and see.
Strat's Long Term Stress Free Trading
- Blackeagle replied Aug 3, 2009
Agree, I use line charts mostly to highlight (or fine tune) my S&R levels.
Strat's Long Term Stress Free Trading
- Blackeagle replied Aug 3, 2009
Thanks Strat, we'll see if there is a correlation between my hols and markets. Will be glad to continue to contribute.
Strat's Long Term Stress Free Trading
- Blackeagle replied Aug 3, 2009
Yes, there is, especially if you are using a breakout strategy. As you have indicated, I always switch between candle and line charts not to miss an opportunity in case one provides whereas the other does not.
Strat's Long Term Stress Free Trading
- Blackeagle replied Aug 3, 2009
Although I agree with you re. playing from short side (due to LH-LLs since 2009), long term up TL is still valid, therefore, I prefer range trading between 0.8400-0.8650 and any close above / below those levels will determine long term bias, IMO.
Strat's Long Term Stress Free Trading
- Blackeagle replied Aug 3, 2009
CADJPY - Weekly — I'd like to share a very clean chart which shows 89 level is very important. Down TL has been broken but double top and 89 R level prevents futher move up, for now. I suggest watching PA around 89.
Strat's Long Term Stress Free Trading
- Blackeagle replied Aug 3, 2009
GBPUSD Line Chart — It was range bound during June-July, but daily close above 1.6550 on Friday and still staying above this level shows the strength of uptrend. As long as 1.6500-1.6550 support holds, next resistance is at 1.71.
Strat's Long Term Stress Free Trading
- Blackeagle replied Jun 4, 2009
I suggest to put SR lines first and then check where the price is with respect to those lines, not the vice versa.
Strat's Long Term Stress Free Trading
- Blackeagle replied Jun 2, 2009
It is a data vendor, not a broker and I pay annual fee for that.
Strat's Long Term Stress Free Trading
- Blackeagle replied Jun 2, 2009
If an SR is obvious on weekly and monthly, it is obvious on daily too, so we call them major SRs. Actually, it all depends on your trading style and look-back period you choose. If you are an agressive trader, then you can keep your look-back period ...
Strat's Long Term Stress Free Trading