Interesting system, I gonna attempt it, thanx for share
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http://forexindior-mt4.blogspot.com/
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Interesting system, I gonna attempt it, thanx for share
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http://forexindior-mt4.blogspot.com/
.
Ichimoku is a superb tool.
It is very strong on 1h, 4h, and daily charts.
I've had any success using it on a 15m plus some on a 5m. You truly ought to comprehend the in's and out's of the tenkan, kijun, and above all, their relation to the cloud and how the cloud's future shape can allow for major price movements.
If you're looking to use the ichimoku on a 5m or 15m, you need to study and it's recommended you exchange only in the management of the 1h or 4h trend.
Ichimoku with ADX Is Quite powerful.
I recently started using the cloud and am looking for a current chat room where people are actively posting charts and discussing thoughts. I just combined the VSA forum which is excelant, simply attempting to combine with the 2 together.
Hello we've started a new thread of how to use Ichi on 5 mins and now we are posting our charts and bargains there, feel free to connect usOriginally Posted by ;
https://www.forexforum.co.za/general...tinuation.html
wishing you luck
cheeers
Hello to all. Just wanted to say that using Ichimoku together with VSA setups is a fantastic thing to do, specially for cross-yen pairs such as eur/jpy or gbp/jpy.
Ichimoku gives the background and direction that VSA want before searching for a setup and VSA gives the setups themselves together activates.
And Ichimoku kinjun-sen in good for monitoring stop and target as is your kumo or cloud.
Will post charts and setups in the ichimoku and vsa threads as time goes by.
All of the best to all
Shreem
Never had much luck on the 5 minutes. . .too fast....15 min is splendid if you're not greedy. Add a dual line stochastic (5,3,3). For a short....if stoch is peaked and falling take the cross over....if it is bottomed be careful. You'll need to experiment with the middle peaks. Additionally, I like a bull candle peak followed by a bear that closes below the bull. I take 3-15 usually. . .if the stoch is at the very top you may want to take a longer ride. I try never to take a reduction after 15 pips on the 15 min chart. Close with one at minumum. In case the stoch has attained the bottom and you've got positive pips....close outside....unless. . .all the ichy indiors say major short.
Originally Posted by ;
Interesting to watch ppl with ichimoku on 5min TF, I have hardly any knowledge on this but I know that many ppl would exchange ichimoku on 4h and daily TF.
Good luck on your adventure