Ichimoku Kinko Hyo trading system...!

[amitabha chatterjee]

Hi,

As per the attached chart, if I took entry @ A. My queries are..

1.What should be my intial sl (kijun sen or senkou span) ?

2. What will be my trailing sl (kijun sen or senkou span) ?

3. Should I exit at B or C?

Regards

 

[linkon7]

Hi,

As per the attached chart, if I took entry @ A. My queries are..

1.What should be my intial sl (kijun sen or senkou span) ?

2. What will be my trailing sl (kijun sen or senkou span) ?

3. Should I exit at B or C?

Regards

Have a look at the slope of the rise... If the slope is greater that 45 degrees then kijun sen is a good exit. If it is greater than 60 degrees then use tenkan sen for exit. As per ur chart, the slope is hardly 20-30 degrees, so a breakdown / break out is likely.... I would prefer to use the senkou span B for stop loss and reverse if the cloud gets penetrated...

 

[cnbondre]

Hi,

As per the attached chart, if I took entry @ A. My queries are..

1.What should be my intial sl (kijun sen or senkou span) ?

2. What will be my trailing sl (kijun sen or senkou span) ?

3. Should I exit at B or C?

Regards

Hi,

Amitabha chatterjee,


Thanks for your query with graph.

Thanks Linkon Da for new add on in ICHI.. system tutorial.:thumb:

CNB

 

[amitabha chatterjee]

Hi,

Thanks for the explanation.

For intraday trading,apart from kijun,tenkan & cloud,do you use chikou span?

Can you post some recent intraday charts & explain entry & exit?

Regards

 

[linkon7]

chikou span gives u a few important clues about the market....
since it a line chart and plots the close only, we can know about the strength of the market from the slope of this line. You can draw a trendline on this line.

the distance from the current price from the past 26 period gives an insight about the strength.

 

[amitabha chatterjee]

Hi,

plz post some recent intraday charts & explain entry & exit.

Regards

 

[cnbondre]

chikou span gives u a few important clues about the market....
since it a line chart and plots the close only, we can know about the strength of the market from the slope of this line. You can draw a trendline on this line.

the distance from the current price from the past 26 period gives an insight about the strength.

Hi,

Linkon da,

Would appreaciate if you explain with chart. A bit difficult to understand.

Regards,

CNB

 

[linkon7]

 

[sibumajumdar]

A silly query though... what is " historical price level ". Plz elaborate. Thanks......SM uncle

 

[sibumajumdar]

Not ICHI but plz help me with...How to use 3, 13, 34, 55, EMA & 200 MA cross over for Long & Short entry and Exit . Is this X-over ideal for both day trading & positional trading? Thanks......SM uncle