Note I don't trade Bitcoin but It's interesting how Ichimoku, even thou it was created in the 1930's still applies today. In a market where at the time would of been a lucid dream or believed to not be possible. This analysis isn't all what Ichimoku "system/philosophy" has to offer but some basics could help you read a market better when trading your own...
If you are someone who has worked with Half values and theories of Ichimoku, you'll understand the constant study which goes into perfecting the art, especially if you don't speak the native language of Japanese (birthplace of Ichimoku) This will seem odd to the western traditional traders approach to Ichimoku but wanted others to see how the practice is a deep...
During back testing and studying I come across these types of situations from time to time. In Ichimoku NT price projections don't come up all the time but when they do it's nice to have seen them coming as they're short targets and once established (in my cases) I want to capture the profit I've made especially on the daily time frame. Like the example it's a...
Ichimoku Time Theory on the Weekly chart. This is my analysis of AUDJPY using one pillar of Ichimoku. These are my personal charts I use for the lower TF trades. I have been contemplating putting charts up again as I have a few who have msg me asking for guidance with Ichimoku and this may help those interested. Always looking for those who also study Ichimoku...
Ichimoku time Theory on weekly charts. This is my analysis using only one pillar of Ichimoku been trading Ichimoku for some and usually keep these charts to myself or those in private chat. I may continue to post these in the near future. Any Questions don't hesitate to contact me.
It appears GBPUSD is starting to range. No future protections for today i'll be seeing how Monday travels before deciding how to trade this pair this week.
expecting a further movement south if wave structure holds. Ichimoku wave calculation (E) target added. I'll be shorting more than longing on the lower time frames this week. Any questions welcomed.
Weekly analysis using Ichimoku theory. Self explanatory expecting a pull back to the Kumo if wave structure becomes unstable. Questions welcomed.
Just seeing if my wave theory works on BTCUSD 1hr use at your on discretion as I haven't done a load of back testing on this pair. Trade is activated when price passes entry point. Good luck - I have 2% risk for a 1:3.05 reward
Food for thought. Possible targets, helps with shorter time frame trading.
Now that Monday trading has gotten underway an N Wave structure to the bull side has presented itself in the daily time frame. I've added some targets I believe price will get to before i recalculate/analysis where it's headed next. V and N Wave targets seem to be our likely turning points as it lines up nicely with a flat Kijun and a close resistance point back...
Possible targets for the coming week using Ichimoku theory (daily time frame).
This is the end of the trend i've captured from start to finish (including my previous posts) of how one can trade Ichimoku (i hardly even included the five lines, thats a whole other theory which i use in conjunction). Hopefully if you are someone who is starting out or wanted to learn a bit more about the power Ichimoku analysis from the start of a reversal to...
I'll explain this the best I can for those who like to know more about the way I trade Ichimoku. This is a glance explanation and there is a lot more analysis which I didn't included but may in some micro analysis at a later date. I thought i'd share this past chart analysis i found as we were presented a 9 wave count (usually means the end of the trend is near)...
Showing an Example of when wave structure breaks down within a strong trend, can signal a reversal is close by. In this example it was straight after. Interest notes - NT Wave calculation above B Leg - Wave structure is in harmonization with Number theory, shows it scary power haha.
The Beauty of Ichimoku - Another example of how deep it's theories evolve.
I haven't posted in a long time but see new people are following me. Those who are Ichimoku practitioners can have a look at the example to see a theory base way to trade Ichimoku. Questions are welcome.
What a awesome week for battles between Bulls and Bears. Bulls showed such unstoppable power at the start of the week after a long couple of weeks of domination from Team Bears. Hopes were made, could the Bulls finally take us out of the ranging environment that 2017 has given us, time will tell... Attached are charts from three different time frames showing the...