Dear readers,
You may want to visit my blog here for new updates.
I give myself new nickname "kuraudotrader"
This blog belongs to Bryan with a cybernick Resurrector. He is using Ichimoku Charting actively in his trading. He trades forex on a part time basis as he still hold a full time job as a consultant.
Wednesday, August 5, 2015
Friday, June 19, 2015
EURJPY long term Ichimoku Best Forex Trading Strategy 28 Apr 2015 Updated for closed position
Image: Oanda
TRADE
Entry Date: 28-Apr-2015
Entry: Long @ 130.18;
Date: 27-May-2015
Entry: Long @ 134.80;
Date: 29-May-2015
Entry: Long @ 136.00;
Reason for Trade/Setup:
On 28-Apr-2015, Entry into the position as price cut above the kumo cloud, more important, chikou span had cut above the kumo cloud too.
The entry on 27-May-2015 was a result of not being stopped out. The stop loss level was at 132.50 then. Price started to trend upwards upon hitting 133.00 level. With price cutting above tenkan-sen and kijun-sen, added this position.
Entry on 29-May-2015 was based on price cutting above kumo.
Initial Stop: 127.00, Shifted to 132.50, Shifted to 134.50
Initial Target: 146.50
INTERMEDIATE COMMENT
A late update. Stop out some time back.
RESULT
Exit @ 138.90
Exit date: 10 Jun 2015
Profit/Loss: +872 pips, +410 pips, +290 pips
THOUGHTS
NIL
Regards,
Ichimoku Trader
NIL
Regards,
Ichimoku Trader
Thursday, June 4, 2015
EURJPY long term Ichimoku Best Forex Trading Strategy 28 Apr 2015
Image: Oanda
TRADE
Date: 28-Apr-2015
Entry: Long @ 130.18;
Date: 27-May-2015
Entry: Long @ 134.80;
Date: 29-May-2015
Entry: Long @ 136.00;
Reason for Trade/Setup:
On 28-Apr-2015, Entry into the position as price cut above the kumo cloud, more important, chikou span had cut above the kumo cloud too.
The entry on 27-May-2015 was a result of not being stopped out. The stop loss level was at 132.50 then. Price started to trend upwards upon hitting 133.00 level. With price cutting above tenkan-sen and kijun-sen, added this position.
Entry on 29-May-2015 was based on price cutting above kumo.
Initial Stop: 127.00, Shifted to 132.50, Shifted to 134.50
Initial Target: 146.50
INTERMEDIATE COMMENT
NIL
RESULT
NIL
Exit: Still in position
Profit/Loss: NA
THOUGHTS
Price action moving towards level held around Nov-Dec 2014.
Regards,
Ichimoku Trader
Price action moving towards level held around Nov-Dec 2014.
Regards,
Ichimoku Trader
Saturday, January 24, 2015
Oanda
15 Jan 2015, a day most traders remembered. It wiped out not only traders with position in CHF, it also wiped out forex brokers.
I guess I am fortunate that I do not specifically trade CHF positions. Of course, most, if not all currencies were affected on that day, but the worst has to belong to EUR/CHF.
I received a mail from Oanda shortly after as below:
I used other brokers previously, that was because during then there was no small lots online brokers available in Singapore.
When Oanda Asia Pacific set up office in Singapore, I did not hesitate to open account with them.
My thoughts then, I always prefer a broker I can knock at its office door easily when some screw ups happened.
And so far Oanda reacted well to the the Swiss Franc Black Swan.
Hope all readers doing well too.
Regards,
Ichimoku-Trading.
I guess I am fortunate that I do not specifically trade CHF positions. Of course, most, if not all currencies were affected on that day, but the worst has to belong to EUR/CHF.
I received a mail from Oanda shortly after as below:
I used other brokers previously, that was because during then there was no small lots online brokers available in Singapore.
When Oanda Asia Pacific set up office in Singapore, I did not hesitate to open account with them.
My thoughts then, I always prefer a broker I can knock at its office door easily when some screw ups happened.
And so far Oanda reacted well to the the Swiss Franc Black Swan.
Hope all readers doing well too.
Regards,
Ichimoku-Trading.
Tuesday, November 4, 2014
USDJPY long term Ichimoku Best Forex Trading Strategy 09-Oct-2014 #02
Image: Oanda
TRADE
Date: 09-Oct-2014
Entry: Sell Market 107.55; Sell Market 106.89
Reason for Trade/Setup:
The main reason for the trade set up was price action itself was below the kumo cloud. Did not choose to wait for the chikou span to go below the kumo low.
Initial Stop: 109.50, Shifted to 109.00., Shifted to 108.50
Initial Target: 101.55
INTERMEDIATE COMMENT
Add on another position, with price action remaining below the kumo cloud but above both tenkan-sen and kijun-sen.
RESULT
Outcome: Price action traded upward.
Exit: Exit with loss at 108.50
Profit/Loss: -95 pips -161 pips
THOUGHTS
Price action turns bullish after stopping out, especially the chikou span crossing over the kumo cloud.
Monday, October 27, 2014
GBPUSD long term Ichimoku Best Forex Trading Strategy 30-Sep-2014 #03
Image: Oanda
TRADE
Date: 30-Sep-2014
Entry: Sell Market 1.6217
Reason for Trade/Setup:
Tenkan-sen had crossed over kijun-sen, and below the kumo cloud. However, kijun-sen was in the cloud, and chikou span went into the kumo barely after it crossed below. Price action was below and the forward cloud was bearish. Took a position to short when price action near the tenkan-sen.
Initial Stop: 1.6450, Shifted to 1.6200
Initial Target: 1.5528
INTERMEDIATE COMMENT
Price continues to maintain below the ichimoku cloud. Remain cautious the way forward. While the forward cloud remains thick providing the resistance to the price action, the risk remains high looking at the movement of the price action. Stop loss is adjusted to 1.6200.
RESULT
Outcome: Price activity began to trade upwards after hitting a low around 1.5875 level. Stop loss level shifted lower to 1.6100, Was stopped out subsequently.
Exit: @ 1.6100
Profit/Loss: + 117 pips
THOUGHTS
N.A
Saturday, October 25, 2014
EURUSD Intra-day Ichimoku Best Short Term Forex Trading Strategy 24-Oct-2014
Image: Oanda
TRADE
Date: 24-Oct-2014
Entry: Buy Stop 1.2667
Reason for Trade/Setup:
Price action was trading in range, above and below the cloud prior 2000h. At the time of order, price action was above the kumo cloud. Chikou span had also crossed above the ichimoku cloud. Placed a buy stop above the nearest high, with stop loss below the cloud.
Initial Stop: 1.2645
Initial Target: 1.2735
INTERMEDIATE COMMENT
NA
RESULT
Outcome: Price moved upward but retraced back to entry level.
Exit: @ 1.2667 (Time to Sleep)
Profit/Loss: +0 pip
THOUGHTS
NA.
Thursday, October 23, 2014
EURUSD Intra-day Ichimoku Best Short Term Forex Trading Strategy 22-Oct-2014
Image: Oanda
TRADE
Date: 22-Oct-2014
Entry: Sell Stop 1.26850
Reason for Trade/Setup:
Ichimoku charting was showing bearish and a short signal. Placed a sell top below recent low at 12685.
Initial Stop: 1.27250
Initial Target: 1.25650
INTERMEDIATE COMMENT
1.2650 may be a good level to exit, but we never know.
RESULT
Outcome: Price action moved slowly downward.
Exit: @ 1.2661 (Time to Sleep)
Profit/Loss: +24 pips
THOUGHTS
NA.
Tuesday, October 21, 2014
USDJPY long term Ichimoku Best Forex Trading Strategy 09-Oct-2014 #01
Image: Oanda
TRADE
Date: 09-Oct-2014
Entry: Sell Market 107.55; Sell Market 106.89
Reason for Trade/Setup:
The main reason for the trade set up was price action itself was below the kumo cloud. Did not choose to wait for the chikou span to go below the kumo low.
Initial Stop: 109.50, Shifted to 109.00
Initial Target: 101.55
INTERMEDIATE COMMENT
Add on another position, with price action remaining below the kumo cloud but above both tenkan-sen and kijun-sen.
RESULT
Outcome: TBC.
Exit: TBC
Profit/Loss: TBC
THOUGHTS
N.A
Wednesday, October 15, 2014
EURUSD Intra-day Ichimoku Best Short Term Forex Trading Strategy 15-Oct-2014
Image: Oanda
TRADE
Date: 15-Oct-2014
Entry: Buy Market 1.2668,
Reason for Trade/Setup:
All ichimoku indicators showed a buy signal, from tenkan sen and kijun-sen above the cloud, and chikou span also above the cloud.
Initial Stop: 1.2630
Initial Target: 1.2790
INTERMEDIATE COMMENT
N.A
RESULT
Outcome: Price action moved upward sharply. Hitting the target level around an hour time.
Exit: Target hit @ 1.2790
Profit/Loss: +122 pips
THOUGHTS
The price action upwards was assisted by the news. On hindsight, could have set a higher target.
Tuesday, October 14, 2014
GBPUSD long term Ichimoku Best Forex Trading Strategy 30-Sep-2014 #02
Image: Oanda
TRADE
Date: 30-Sep-2014
Entry: Sell Market 1.6217
Reason for Trade/Setup:
Tenkan-sen had crossed over kijun-sen, and below the kumo cloud. However, kijun-sen was in the cloud, and chikou span went into the kumo barely after it crossed below. Price action was below and the forward cloud was bearish. Took a position to short when price action near the tenkan-sen.
Initial Stop: 1.6450, Shifted to 1.6200
Initial Target: 1.5528
INTERMEDIATE COMMENT
Price continues to maintain below the ichimoku cloud. Remain cautious the way forward. While the forward cloud remains thick providing the resistance to the price action, the risk remains high looking at the movement of the price action. Stop loss is adjusted to 1.6200.
RESULT
Outcome: TBC.
Exit: TBC
Profit/Loss: TBC
THOUGHTS
N.A
Wednesday, October 8, 2014
EURUSD Intra-day Ichimoku Best Short Term Forex Trading Strategy 08-Oct-2014
Image: Oanda
TRADE
Date: 08-Oct-2014
Entry: Buy Stop 1.2675,
Reason for Trade/Setup:
Price action re-emerged out from the kumo cloud, supported by chikou span re-emerged out from kumo cloud, placed a buy stop above the high of the previous period.
Initial Stop: 1.2630
Initial Target: 1.2810
INTERMEDIATE COMMENT
N.A
RESULT
Outcome: Price action was in range. Exit for the night..
Exit: Closed out market @ 1.2680
Profit/Loss: +5 pips
THOUGHTS
N.A
Friday, October 3, 2014
GBPUSD long term Ichimoku Best Forex Trading Strategy 30-Sep-2014 #01
Image: Oanda
TRADE
Date: 30-Sep-2014
Entry: Sell Market 1.6217
Reason for Trade/Setup:
Tenkan-sen had crossed over kijun-sen, and below the kumo cloud. However, kijun-sen was in the cloud, and chikou span went into the kumo barely after it crossed below. Price action was below and the forward cloud was bearish. Took a position to short when price action near the tenkan-sen.
Initial Stop: 1.6450
Initial Target: 1.5528
INTERMEDIATE COMMENT
Price goes down. However, taking a long term position can be challenging. Profit could be wipe off when the market has a quick U-turn.
RESULT
Outcome: TBC.
Exit: TBC
Profit/Loss: TBC
THOUGHTS
N.A
Tuesday, September 30, 2014
USDCZK Short term Ichimoku Best Forex Trading Strategy 23 Sep-2014- #01
Image: Oanda
TRADE
Date: 23-Sep-2014
Entry: Buy Market 21.3505
Reason for Trade/Setup:
Buy near the ichimoku cloud high level with stop loss below the ichimoku cloud low. General trend was upwards. Supporting elements included tenkan-sen above kijun-sen and above the kumo cloud high, chikou span also above the kumo cloud high. Kijun-sen was within the cloud and price action was between tenkan-sen and kijun-sen.
Initial Stop: 21.2000
Initial Target: 21.8000
INTERMEDIATE COMMENT
N.A
RESULT
Outcome: Price action continued its move upward, with support along tenkan-sen along the way.
Exit: Exit @ 21.8000
Profit/Loss: +4495 pips
THOUGHTS
N.A
Monday, September 29, 2014
USDTWD long term Ichimoku Best Forex Trading Strategy 11-Sep-2014- #01
Image: Oanda
TRADE
Date: 11-Sep-2014
Entry: Buy Market 30.0127
Reason for Trade/Setup:
Tenkan-sen had crossed over kijun-sen, and both above the kumo cloud. The forward cloud was bullish but thin, and chikou span had yet crossed above the kumo cloud. Price action itself was above the tenkan-sen. The decision was to buy with stop loss below the ichimoku cloud.
Initial Stop: 29.8500
Initial Target: 30.5000
INTERMEDIATE COMMENT
N.A
RESULT
Outcome: Price action continued its move upward, with support reflected along kijun-sen.
Exit: Exit @ 30.5000
Profit/Loss: +4873 pips
THOUGHTS
N.A
Saturday, September 27, 2014
EURUSD Intra-day Ichimoku Best Short Term Forex Trading Strategy 26-Sep-2014
Image: Oanda
TRADE
Date: 26-Sep-2014
Entry: Sell Stop 1.2720,
Reason for Trade/Setup:
A very typical trade set up based on ichimoku indicators. All indicators showed a favorable sell set up. Tenkan-sen below kijun-sen, both below the kumo cloud, supported by the chikou span which was also below the kumo cloud. Forward cloud is thin, a concern, not a worry. Importantly was the price action below the tenkan-sen. Placed a sell stop below the recent low.
Initial Stop: 1.2760
Initial Target: 1.2600
INTERMEDIATE COMMENT
N.A
RESULT
Outcome: Price action came lower. Exit for the night..
Exit: Closed out market @ 1.2687
Profit/Loss: +33 pips
THOUGHTS
N.A
Thursday, September 25, 2014
NZDJPY long term Ichimoku Best Forex Trading Strategy 04-Sep-2014- #02
Image: Oanda
TRADE
Date: 04-Sep-2014
Currency: NZDJPY
Entry: Buy Market 87.49
Reason for Trade/Setup:
A very typical bullish view from ichimoku chart indicators, with tenkan-sen above kijun-sen, and both above the ichimoku cloud. Chikou span had also crossed over the kumo cloud and the forward cloud remained bullish. A Buy Market with stop loss below the ichimoku cloud.
Initial Stop: 86.60
Stop loss shifted to 87.20
Initial Target: 90.25
INTERMEDIATE COMMENT
NA
RESULT
Outcome: The reversal was sharp. Price action turned lower, with tenkan sen cutting below kijun sen. The next period was a sharp down, going below the kumo cloud.
Exit: Stop out.
Profit/Loss: -29 pips
EURUSD Intra-day Ichimoku Best Short Term Forex Trading Strategy 24-Sep-2014
Image: Oanda
TRADE
Date: 24-Sep-2014
Entry: Sell Market 1.2825,
Reason for Trade/Setup:
Tenkan-sen and kijun-sen both crossed below the ichimoku cloud and chikou span below the most recent lows, and below the kumo cloud. Forward cloud is thin though.
Entered with market sell as price action getting lower.
Initial Stop: 1.2860
Initial Target: 1.2720
INTERMEDIATE COMMENT
N.A
RESULT
Outcome: Price action came lower. Exit for the night..
Exit: Closed out market @ 1.2782
Profit/Loss: +43 pips
THOUGHTS
N.A
Monday, September 22, 2014
EURUSD Intra-day Ichimoku Best Short Term Forex Trading Strategy 22-Sep-2014
Image: Oanda
TRADE
Date: 22-Sep-2014
Entry: Sell Stop 1.2835,
Reason for Trade/Setup:
The price action had crossed below the ichomoku cloud earlier, however, chikou span had not. When the price action moved back to the cloud, placed a sell stop below the recent low. Chikou span was just above to crossed below the kumo cloud. Could have waited awhile more but decided to take a bit of risk for the early entry
Initial Stop: 1.2865
Initial Target: 1.2745
INTERMEDIATE COMMENT
N.A
RESULT
Outcome: Price action came lower. However, market was not moving a lot. Decided to exit for the night..
Exit: Closed out market.
Profit/Loss: +6 pips
THOUGHTS
N.A
Sunday, September 21, 2014
NZDJPY long term Ichimoku Best Forex Trading Strategy 04-Sep-2014- #01
Image: Oanda
TRADE
Date: 04-Sep-2014
Currency: NZDJPY
Entry: Buy Market 87.49
Reason for Trade/Setup:
A very typical bullish view from ichimoku chart indicators, with tenkan-sen above kijun-sen, and both above the ichimoku cloud. Chikou span had also crossed over the kumo cloud and the forward cloud remained bullish. A Buy Market with stop loss below the ichimoku cloud.
Initial Stop: 86.60
Initial Target: 90.25
INTERMEDIATE COMMENT
Price activity has moved higher, continued to see bullish cloud ahead. Stop loss level adjusted to a higher level.
RESULT
Outcome: NA
Exit: NA.
Profit/Loss: NA
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