Recent content by targus

Phew! At this rate eur/usd will drop to .2626 area.

Interesting indicator Ichi. I have read the best or safest way to trade it is to wait for price to be at least two higher timeframes above/below the kumo and trade in that direction using the 5 or 15 t/f as your signal to enter when tenken-sen crosses kijun-sen and most importantly when the...

S Excellent answer on the stops, best I have heard by far. Now time frames, tell me, if you have a frame, say, I dunno, the 5m t/f and the fibs are telling you long and on the 15m t/f they are telling you short, but the 1hr is saying long - are you saying that you will then go off what...

S I hope you will help me out with this. You trade the smaller t/f and for example right now the eur/usd, according to the fibs, the 5m t/f is short from 1.4245 to the money line 89 to 1.4094. The 4hr t/f is bullish from 1.40379 to the moneyline 89 at 1.4370 which is also 61% fib. How...

S At the outset of a trade what size s/l do you use? At what point and how big do you start to use a trail, when it hits the money line?

S I trust you, sorry about my Ichi thing, whilst it is quite robust, I respect your experience and apologise.

Well, the reason I mention it is one does not need rsi, macd, stochs or any of these indicators and if you watch it, on higher t/f, watch this Ichi for say 1/2 weeks in regard to the fib settings, you will remove all these other indicators and just trade the Ichi. From the arrow, I have been...

S A little off topic, but what is your opinion/experience of the ichimoku kinko hyo indicator?

For charting only I use mt4 fxpro I can't see how I can add them in when I click on the fibs all I get is what is on the pic below is there a function somewhere? After a superb short I am now long with a trailing s/l.

S Wish I could, I had missed the opportunity to learn trading by quite a few years when they closed down our local stock exchange, I will go back and study your posts more though and the great methods you are showing here for everyone. Where can I download the fibs you are using, or should...

Looks like eur/usd on it's way south now with a nice pin on the 30m t/f , a double top for S on the 5m t/f. I'v had some great pips just trading this channal between s/r. Nice thread S but I think I will stick to what I know works for me, as a new trader I manage to do quite well.

D, You should have tried the guys over at forexstd they would have done it for free.

Yes, I think see it now at the beginning of the trade.

S Thanks. Reverse H&S? Can you show me, I can't see it?

wrong pic, meant to post this one.