A Kumo Anomaly appearing on a large intraday timeframe is a very significant piece of information. This type of setup tends to pull the price back toward the Kijun. On the GMMA I use, a strong bearish trend was progressively forming from the start ...

Ichimoku and price action

Ahead of the 200-point daily target. (The grey circle shows that there are currently no open positions.)

Ichimoku and price action

...At the open of this H6 candle, Tenkan surged upward suddenly, two and a half hours ago. Price reacted to it (as seen by the upper wick). This is exactly why you need to keep an eye on higher timeframes. But it’s simple: this H6 Tenkan only moves ...

Ichimoku and price action

Hi! Could you tell us a bit more about it? Thanks.

Navigation Breviary for all Traders ⚓️

The first contact on a very steep Tenkan, on M30 and higher timeframes, is usually a very high-probability trade. The M1 price, overextended in terms of momentum relative to its moving averages, is bound to react. It’s 9:00 AM in France—the market ...

Ichimoku and price action

End of day. (No commission on Dax on real account with my broker)

Ichimoku and price action

I’m not going to do anything against this resistance; in the past, I would have sold this major level immediately. Not anymore. My daily target has already been met (200 points per day). It’s 11:32 AM in France, I’ll be back this afternoon.

Ichimoku and price action

DAX 40 - H4 ...be carefull.

Ichimoku and price action

The gray and green moving averages are Daryl Guppy's GMMAs. I simply multiplied their periods by 5. I apply D. Guppy's GMMA principles (spacing, compression, stretch, and orientation).

Ichimoku and price action

End of day. Every trade is based on Ichimoku levels. I open fewer positions, but they are better placed. My TP are tight, which is more than offset by running multiple positions. All my entries use low leverage relative to my account size. ...

Ichimoku and price action

There was a fairly easy trade this morning: a flat H1 Kijun with an M1 overshoot; that works very well. The TP is short, and you mustn't forget what the chart is showing: price is pushing up strongly. But this kind of trade is easy to ...

Ichimoku and price action

Before 11 a.m., as is often the case.

Ichimoku and price action

The 200-points daily target has been exceeded. Since the market isn't very interesting today—moving quite slowly in its oscillations—I’m going to turn off my computer. The indicator in the gray circle shows that no positions are currently open. On ...

Ichimoku and price action

I wasn’t very available for trading this morning, but I still managed to take advantage of strong bullish momentum. In these scenarios, support levels are usually found on M5 or M15. I took the first test of the M5 Kijun and the first test of the M5 ...

Ichimoku and price action

Thanks Niks, your posts are always helpful and informative. Great job on those Dax trades!

M1 Countertrend Scalping Strategy

...I'm realizing that with the KoF methodology—since it’s basically the spirit of your trading, Ronin—you don’t really trade price excess... unless you’re checking higher time frames. I hadn't even noticed that detail. It’s more about the return to ...

M1 Countertrend Scalping Strategy

TP on ema 15 M5...

Ichimoku and price action

Same process, on M5 , this time. The resistance is very clear on H12, and so is the timing. TP: M5 EMA 15. The trade lasted 15 minutes. Edit: I have no qualms about identifying my reaction levels on higher timeframes that others tend to overlook. I ...

Ichimoku and price action

Take profits for counter-trend trading on price exhaustion are clear to me: the 15 and 25 EMAs on the M1, then the M2. Nothing more. On big moves like today, I use Fibonacci retracements. In immediate trend trading on lower timeframes, identifying ...

Ichimoku and price action

Price action follow-through. Never get too greedy. In the Choros thread, Kostas often reminded us to take profits instead of waiting for the moon...

Ichimoku and price action