Ichimoku Kinko Hyo trading system...!

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vinst

Well-Known Member
It has been brought out by Camel as well as Linkon that profit booking is warranted when price goes too far (judgement needed) from TS.
The question is : how to get a re-entry according to ichimoku tools? Can we re-enter when price touches TS again?
Or do we use stochastics on this time frame?

regards
vin
 

linkon7

Well-Known Member
It has been brought out by Camel as well as Linkon that profit booking is warranted when price goes too far (judgement needed) from TS.
The question is : how to get a re-entry according to ichimoku tools? Can we re-enter when price touches TS again?
Or do we use stochastics on this time frame?

regards
vin
re entry is always based on cs
..trend line breaks on cs.. thats the resumption of the trend...
 

CamelToeJoe

Well-Known Member
Depending on the trend candle, I will either go long or short that day using the 5 minute as entry. My daytrading targets are represented as price levels from KS, TS, SSA, and SSB on the Daily, 4hr, and 1 hr charts.

All daily price levels are solid
All 4 hour price levels are dashed
All 1 hour price levels are mini dashes

All KS' are red
All TS' are green
Kumo support is light blue

I also like to add in the graphical kumo on the 5 minute for a deeper look into S/R

I want to enter trades that are low risk/high reward so I look for the largest areas price can move through.

In the Euro Futures chart below, I am looking to enter a long above 1.3 and a short below the solid blue line (Daily kumo S/R)


S&P Futures.


30 year T-Bond Futures (just an example) Right at the 52 week high
 
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vinst

Well-Known Member
Hi,

Sensex ichimoku chart attached.
All ichimoku parameters still bullish.
CS support as dashed blue line is seen in lower graph.
Long term sto, pink, is continuing in bullish zone.

camel: what is indicated by TS and KS coming together? it indicates reduced volatility, though not always.

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regards
vin
 

CamelToeJoe

Well-Known Member
camel: what is indicated by TS and KS coming together? it indicates reduced volatility, though not always.


regards
vin
When TS/KS expand and then contract they become closer and closer. Obviously depending on price, they can go two ways. Either they expand again, or the contract and close. Sometimes they will cross and for the bearish TS/KS cross and if support is valid they will start to expand again. Could be a very pivotal price point and something to watch for.
 

CamelToeJoe

Well-Known Member
When TS/KS expand and then contract they become closer and closer. Obviously depending on price, they can go two ways. Either they expand again, or the contract and close. Sometimes they will cross and for the bearish TS/KS cross and if support is valid they will start to expand again. Could be a very pivotal price point and something to watch for.
^Well price popped and TS/KS started expanding again. The bulls ate that up! :D
 
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