Ichimoku Kinko Hyo trading system...!

[linkon7]

12.44 : a new trendline developed... break of this... is exit for 50% break of the 4 touch trendline is my exit for balance...

 

[linkon7]

minro trendline broken... exited 50% at 4911...

 

[linkon7]

12.20
4 touch gave support one more time and then finally broke... reversed trade at 4894...
hard stop at HOD...exit break of the 5 touch trendline...
target LOD...

 

[linkon7]

12.32
3 touch trendline broken... exited short at 4983..
will long when 3rd touch pivot high gets taken out...
will short if pivot low of CS gets taken out...

 

[linkon7]

1.54
horizontal 4 touch line now acting as stiff resistance... break of that line is the signal to go long...

 

[linkon7]

2.02
resistance line broken... long at 4906...sl 4890
tgt HOD...

 

[linkon7]

3.14
sl was break of this trendline...
but i exited at 4934

 

[linkon7]

trade	entry	EXIT	net	loss	profit
buy	4870	4887	15		15
buy	4870	4877	5		5
buy	4890	4890	-2	-2	
buy	4890	4890	-2	-2	
buy	4884	4911	25		25
buy	4884	4894	8		8
sell	4894	4883	9		9
sell	4894	4,883 	9		9
buy	4906	4934	26		26
buy	4906	4934	26		26

total = 119 points
Number of trades = 10
Nos. successful trades = 8
Success trade ratio = 80%

Average profit 15.375
Average loss -2
risk / reward ratio 7.69
Expentancy 127

 

[CamelToeJoe]

come on... all of us have a look at this thread just to see if you posted anything new... You are the Ichi-GURU...!:clap::clapping:

haha well thanks Linkon. I appreciate that. You're the Guru though, buddy! I said that because I posted what I felt like were some insightful posts and no body commented on them or had any questions.

It's all good. Been making a lot of successful trades with these shorts in the markets now.

 

[CamelToeJoe]

Your charts and trades are kickass. Very, very nice trading and analysis Linkon - Thank you!