This is a summary of most of the issues you need to know about the KS as an independent line. If you have a problem understanding any of these points then please ask me to clarify before we move to the next level. Also, please take sometime to read the original slides Good luck
These rules can not be change or fixed at any circumstances.
This is an example of a level 4 entry into the trend. I'm trying to show the efficiency of this entry as an example of entering on a signal Risk vs Reward is around 4 to 1 which is fantastic by any standard and provided you exit at the target area.
This is a very important slide. Please study it thoroughly.
What Are Fractals? When many people think of fractals in the mathematical sense, they think of chaos theory and abstract mathematics. While these concepts do apply to the market (it being a nonlinear, dynamic system), most traders refer to fractals in a more literal sense. That is, as recurring patterns that can predict reversals among larger, more chaotic price...
This is just to further clarify rule #9
When in a range, make sure that you start planning to enter the market in the direction of the KS .. BUT ONLY ... after filtering the KS signal. This will save you a lot of wrong entries due to the wrong translation of what the KS is really saying.
1. Ichi traders are never suckers because they know the fair market value of what they are buying. 2. Market strength let's you expect how far the next price impulse could go. Use this to you advantage when you trade Good luck
You can trade the market and make money using only the KS and nothing else. This is a good method for someone who does not have a lot of time. More complete and complex methods will be mentioned as we go along TRADING STEPS FOR PURE KS TRADING: 1. Decide on the market direction using the direction of the KS as mentioned previously. If price is inside the kumo...
It is really important to understand the KS and to apply this knowledge to your trading so as to become successful. With this line alone, you can trade the market and make money. So please give yourself some time to study, understand and apply this knowledge. Please note that I am only sharing my knowledge and experience with you. So please use this information...
Following the market is the most important element that differentiates a trend trader from other types of traders. In the Ichimoku system, the KS is the element that informs us of the current timeframe's trend direction. So whenever we see the KS moving up we ONLY want to buy and visa versa The KS has many other uses that I will discuss later, but for now we need...
"Since the beginnings of technical analysis, classical technical patterns have been repeating over and over in all time frames and in all markets. It’s interesting that these patterns have not changed in centuries. They are truly a reflection of crowd psychology. Many times you will see the structures of the patterns form with exact Fibonacci ratios. Adding the...
This is a continuation of my previous published Charts - Check links below... A portion of Larry Pesavento & Leslie Jouflas work. --------------------------------------------------------------------------- Covering Fibonacci Retracements Entry Patterns; Fibonacci Retracement Entries; Fibonacci Retracement Pattern Structure; Trading The Fibonacci Retracement...
The Three Drives Pattern by Larry Pesavento and Leslie Joufla. Check other published charts... Safe Trades; open.spotify.com
By LARRY PESAVENTO & LESLIE JOUFLAS HISTORY OF THE BUTTERFLY PATTERN: Bryce Gilmore Bryce has spent a lifetime studying the works of the great masters—R.N. Elliott , W.D. Gann, and many others. He developed the Wave Trader Program in 1988; it was the first computer program to use all the numbers of sacred geometry, including the Fibonacci summation series....
Some basic "guidelines" about Elliott Waves. I hope that somehow help to understand how the market really moves. This is an "update" to my previous published educational chart about Elliott Waves - link below Safe trades;
This is basic stuff which keeps happening almost in all pairs & all time frames. Once you get the eyes trained to know this pattern, then only this setup & discipline will keep u on profitable side. Eye ball & try to find this setup in your charts & keep practicing it till u are comfortably finding the live trades in your chart.