Quote:
Originally Posted by HAUGHT007
Pakiestra,
what are your settings on IKH? I used the default settings in MT4 and my senkou span A doesn't show hitting price on the daily like yours. In fact, it's still at 206.30 for today... Any ideas why they would be different?
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On the daily IKH chart I used I was referring to the upper cloud margin (Senkou span A- I haven't changed any settings)-which on my MT4 is about 208.44 - which was easily hit today. Last candle's wick pierces the kumo but doesn't get to the lower cloud margin (Senkou span B) The level you'r mentioning (206.30) on my chart is the bottom of the cloud Senkou span B. Both Senkou lines are strong support plus the kumo itself is still up (thick as well). These levels now are good for to short it, stop-loss would be in the middle of the cloud (4 hrs chart) at 211.20. See what happens. I'm not an expert in clouds -I might be entirely wrong, or there is better system or Senkou lines are upside down. The best way is to ask Andrew when he comes back. All in all the idea of scalping Guppie longs is reserved for swollen accounts able to take the hit of hundreds pips down -its not for a faint hearted with micro-mini couple hundreds/even thousands hard earned greenbacks. I hope rrram will forgive me my ignorance. I can't see this working unless you have 6 digit account, resources to put in an emergency and you scalping micro pips only.
