Cord -
I may have done you a disservice yesterday saying that the it appeared to be topping out at 1.5250 on your blog - the way I tend to trade IKH is once price breaks out of the Kumo, it wants to run to the previous Kumo roll - which in your case was 1.5250. What I didn't take into account was that the 4H chart was close enough to actually start its entry into the Kumo, thus continuing the trend.
Glad it worked out for you just the same
Diji,
I agree w/ you on the double bottom for USDCHF - I'm currently monitoring the EURUSD, and from an IKH standpoint, waiting to reshort it.
Gentlemen - as a side note, I have been actively reading and trading using TheRumpledOne's method over at the 'Never Lose Again ' thread as of last night....the results are very promising. I am not going to abandon the IKH thread, as we have seen, this is proven
.