Ichimoku

Ichimoku Breakouts and Bounces

In this video we will discuss trading Kumo Breakouts, Kumo Bounces, Kijun Bounces and Kijun Breaks.

Ichimoku Trading with Pivot Points

Here it is shown how to incorporate pivot points with the Ichimoku system for a more reliable stop loss or profit target.

Setting Profit Targets

In this video we will be discussing a few ways to set a target level for your trade. Before entering a trade you should always have the details mapped out and planned as far as your entry level, stop loss level and target level. This should all be in accordance with your money management.

Ichimoku Non Traditional Trading

In this video presentation I am discussing a Non Traditional method of trading the Ichimoku system and also looking at a few trading opportunities on the horizon.

Ichimoku Losing Trades

Here I show two trade i am in that are currently losers. I show my mistakes and hope others don't make the same mistakes.

Ichimoku - Advanced Ichimoku Strategies Additional Criteria

Ichimoku - Advanced Ichimoku Strategies Breakout Qualifiers

Ichimoku - Applications Of Ichimoku Kinko Hyo

Ichimoku - Tenkan Sen And Kijun Sen

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1. Tenkan Sen - moving average of the highest high and lowest low over the last 9 trading days. (Highest high + Lowest low) / 2 over the last 9 trading days
2. Kijun Sen - moving average of the highest high and lowest low over the last 26 trading days. (Highest high + Lowest low) / 2 over the last 26 trading days.
3. Senkou Span A - the average of the Tenkan Sen and Kijun Sen, plotted 26 days ahead. (Tenkan Sen + Kijun Sen) / 2 plotted 26 days ahead
4. Senkou Span B - the average of the highest high and lowest low over the last 52 days, plotted 26 days ahead. (Highest high + Lowest low) / 2 over the last 52 trading days plotted 26 days ahead.
5. Chikou Span - the closing price plotted 26 days behind.

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Tenkan Sen / Kijun Sen Cross
The Tenkan Sen / Kijun Sen Cross signal occurs when the Tenkan Sen (Turning line) crosses the Kijun Sen (Standard line).

A bullish signal occurs when the Tenkan Sen crosses from below to above the Kijun Sen

• A weak bullish signal occurs when the cross is below the Kumo.
• A neutral bullish signal occurs when the cross is inside the Kumo.
• A strong bullish signal occurs when the cross is above the Kumo.

A bearish signal occurs when the Tenkan Sen crosses from above to below the Kijun Sen

• A weak bearish signal occurs when the cross is above the Kumo.
• A neutral bearish signal occurs when the cross is inside the Kumo.
• A strong bearish signal occurs when the cross is below the Kumo.

Kijun Sen Cross
The Kijun Sen Cross signal occurs when the price crosses the Kijun Sen (Standard line).

A bullish signal occurs when the price crosses from below to above the Kijun Sen

• A weak bullish signal occurs when the cross is below the Kumo.
• A neutral bullish signal occurs when the cross is inside the Kumo.
• A strong bullish signal occurs when the cross is above the Kumo.

A bearish signal occurs when the price crosses from above to below the Kijun Sen

• A weak bearish signal occurs when the cross is above the Kumo.
• A neutral bearish signal occurs when the cross is inside the Kumo.
• A strong bearish signal occurs when the cross is below the Kumo.

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Ichimoku - Drawbacks Of Ichimoku Kinko Hyo

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Breakout with Ichimoku (based on Take Advantage of False Breakouts at Great Prices with Ichimoku article)

Talking Points:

• What is a False Breakout?
• How Ichimoku Can Help You Recognize a False Breakout
• Trading Opportunity in EURUSD with Ichimoku on Recent Move

There are few things more frustrating to traders than false breakouts. Especially if your bread and butter as a trader is catching trends at the earliest stage possible. However, much like whipsaws on protective stops, false breakouts are often seen as a necessary evil.

What is a False Breakout?

A false breakout takes place when price appears to be making a renewed move in the direction of the trend only to be retraced. A trend trader who is looking for prices to eventually move higher but wants confirmation of a price thrust in the direction of the trend is especially prey to false breakouts. This is because a break of resistance like a trendline that is pierced by price without follow through is ground zero to a false breakout.

How Ichimoku Helps You Recognize a False Breakout

Like many pains of trading such as stops getting hit at an unfortunate price, false breakouts cannot be avoided. However, they can be minimized as well as become a nice trading signal upon their failure. The reason I like looking to false breakouts as a trading opportunities is that they can often have a sharp reversal in the direction of the prior move with a good risk to reward ratio.

Ichimoku is a technical trading system that helps you catch moves in the direction of the trend on the time frame that you’re trading. Ichimoku is often seen as a difficult system to learn due to the 5 components that are displayed on the chart to explain a trading opportunity but each line serves a purpose and when you understand each purpose, you begin to get a feel for the value that Ichimoku can bring to your technical trading strategy.

• Ichimoku Trade: Sell EURUSD If Price Breaks Below 1.3415 Showing a False Breakout Occurred
• Stop: 1.3550 (Technical Invalidation Point on the Chart)
• Limit: 1.3295 (Monthly Low)

If this is your first reading of the Ichimoku report, here is a recap of the traditional rules for a sell trade:

• Price is below the Kumo Cloud (That will be our entry trigger)
• The trigger line (black) is below the base line (light blue) or is crossing below
• Lagging line is below price action from 26 periods ago (bright green line)
• Kumo ahead of price is bearish and falling (red cloud = bearish Kumo)

If the breakout turns out to be legitimate and 1.3550 is taken out, then the next target would be in the neighborhood of 1.3630 /3650 range.

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