Ichimoku Kinko Hyo

[Rkji]

note to self :- i have chosen buy trigger once two candles successfully close above kijun sen, nonlagma nods in agreement & chinkou span has come above price. preferably, i should only take trades once price is above cloud although it has worked very well vice versa at times.

 

[Rkji]

* short taken above kumo

* as trading in a low volatility market, increased timeframe to H 1

* cloud doesn' t seem to be thick which might help price to break out on the downside. on daily timeframe, price is struggling in kumo to go up.

 

[Rkji]

both of last night's trade hit TP resulting in + 90 pips

EURUSD H1 SHORT

EURJPY H1 SHORT

 

[CamelToeJoe]

excellent advanced ichi short demonstration rishi :thumb:

looks like you are using heikin ashi candles, correct?

 

[Rkji]

thanks for the kind words CTJ, i hope i improve as an ichimoku trader !

yes, i do use heikin ashi candles which help me get a quick view of the prevailing trend.

:cheers:


regards
rishi

excellent advanced ichi short demonstration rishi :thumb:

looks like you are using heikin ashi candles, correct?

 

[Rkji]

 

[Rkji]

* perfect setup

* two candles closing above kijun sen & up kumo, nonlagma bullish

 

[Rkji]

 

[Rkji]

 

[Rkji]