Please like the chart AND like the comments by pressing the arrows right under them
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not an exciting chart for you guys? I think this chart has a lot of interesting things in it
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anything else?
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what is the current trend strength?
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Remember how we measure trend strength?
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So we now have: 1. break of the critical level 2. KS is now down 3. Trend strength is positive (9 or 26 depending on the close)
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what else?
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Notice how ichi is drawing a clear picture for us of all the elements that we need to look at and evaluate
So what else?
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Any one here?
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So I guess you guys have no more analytical insight than what you have already presented (although there is so much here)
OK so how would you trade this .. if you want to trade it?
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what is the problem with this trade?
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Guys, yesterday I discovered that you can like the comments by pressing the arrow just under the comments, so please make it a habit .. thank you
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so who would want to sell?
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The question that should always haunt you is .. what is the market doing?
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Where is the next major support?
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no one knows????
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Guys, I am not telling you to sell or buy or anything, today is Thursday, a rate decidion is coming, and NFP tomorrow. So today, we will probably see a big spike up and down in most pairs thus blocking the seen for tomorrow's NFP
But we are just practicing
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So does anyone have a good support level with a reason???
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So if you guys look at the last comment with a chart, you will know that ichi actually shows you the S&R levels that actually worked before when you are going counter trend So just look left to those flat lines on the kumo the longer the flat line, the stronger
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Very important
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So next big support is 0.72067
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ok
I'll stop here since we don't want to overload you with info Good learning good luck
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please be kind and like the chart and like the comments
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Vytasbcn
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<deleted>
Ichimoku_Trader
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Very good
that is exactly right
Vytasbcn
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So then actually it could have been a fair bet to short on the break and target the supports. Though I would not know for good SL levels. Maybe tight? Previous candle high?
Ichimoku_Trader
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very nice especially once you break the previous ones.
But also watch for S&R of the CS
This strategy is very nice on larger TF
CristopherCerrato
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Problem is that we are still inside the Kumo?
Ichimoku_Trader
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That is a very good point
you see this is a counter trend move (in terms of the higher TF), so we will be limited in our movement until we leave the kumo. but ourr trade is good because we have the KS on our side. So our only problem will be this support
Very good
IIvan
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I will wait if the price continues to fall, CS pass underneath Kumo and then to take a position for buys. CS setup
Ichimoku_Trader
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hmmmm
ok but very late
Monkii888
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have you got a link for me to learn how you measure trend strength?