Greetings from Egypt [/B]:cool:[B]
My name is Ahmed Elagouz and Here is my free e-book ( Ichimoku Winners ) .
I have published it in November 21, 2012 on my blog. You will know how to read the market with Ichimoku KinkĹŤ HyĹŤ indicator which is the best on your MetaTrader.
You can use it alone , can mix it with price action trading or use it with trend lines to take perfect signals from it.
I have written the e-book in an easy and simple way to be understandable for all. Also there are lots of pictures to be more easy for you. So , your English shouldn't be perfect to understand the e-book. It's time to join Forex Winners !
[/B]Lean more about Ichimoku Clouds (Kumos) on Ichimoku Winners e-book
Also you : Will know how to use Chinko Span.
Will know how to use kijun sen.
Will know how to use tenkan sen.[B]
Read the e-book directly from here:
http://www.forexwinners.net/Ichimoku-Winners.pdf
Download from a direct link from here :
Thank you Ahmed!
I will red your book. I personally like this indicator very much, since is so complex, it’s signals are not followed by many traders, so they can give us a hint about possible price action without distort market price by himself.
[B][B]Tools ///
Ichimoku
2 Trend lines
Manual Fibo
[/B][/B][B][B]
The price went out of the Kumo and broke the trend line ( the middle one )
[/B][/B]
[B][B][B][B]Bought after opening the second candle from this one which[/B][/B][/B][/B][B][B][B][B][B] closed out of the Kumo.
Closed now with touching the fibo 0.0
I have always wanted to understand this indicator, so thank you for your effort.
Do we use multiple time frames with this indicator ?
For example , if h4 has a strong buy signal" all items of the indicator works toward buy" … And daily chart is in sell mode, so what we do?
Thanks
[B]You are welcome
If you have a strong buy signal on H1 you can take action if you will trade for a short term.
But if you will trade for a long term , you will have to look at H4 always.
So , for your example ( Buy signal on H1 ) : you can buy and close after after 60 : 100 pips max.
[/B]
Hi Ahmed,
Is this setup good for buying? Or has the Opportiounity passed, I mean entry point passed ? What would the stop loss at this chart could be?
Thanks
Nice book and nice thread. I am also use ichimoku as a tool to trade FX. I just went through your book and it is a really good one. Will find some time to read it. Would like to see your trades an analysis based on Ichimoku.
About +400 pips after crossing the Kumo
Looking for the correction on the H4 and Daily charts.
Next trading week will be interesting.
Nice weekend for all traders.