Already made a lot, but greedy...

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1. Sell a level 4 signal
2. Stops just above the last high that will be formed
3. Targets, WS1 (gray line)

Good luck

Kommentera:

We have now reached the expected target on the high side
If we go past here, we may cancel our sell trade

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I hear you in my head
Yes this is a good place to enter if you are willing to risk the few pips to the stop

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Have any of you entered at the brown dotted line?

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Do you guys see how the TS is acting like a trendline on on the live chart?

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If you are in this trade
Please do not try to optimize my moving your stops yet
I'll tell when it's ok to do that

Good luck

Kommentera:

Let's do some practice with the signals

What level signal is currently showing on this chart?

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Anyone know the signal level now?

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We have now broken the trendline
TS turn down which is the level 4 signal

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Can we know in advance when TS will turn down?

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KS is the boss
It is now deciding whether to let the price pass or not
If it does, TS will turn in a bit
If it doesn't TS will not turn

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By the way .. from the dotted line up to here is already about 60 pips
so congrats to those who bought there

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Who thinks that KS will let price in?

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long negotiation
I think price is going to spend the night at the door in the hope of catching Mr. KS in a better mood after he lies down a bit .. lol

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Price just sneaked in
Now it will call TS to come and play with it

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Once TS turns down, sell
you do not have to wait for a close
but just make sure it goes down about 3-5 pips

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It turned very slightly
If it retraces before continuing down then buy cheaper
If not then wait for a bit more turn and enter

Kommentera:

by retrace i mean at least of the last candle .. maybe even more

Trade stängt manuellt:

Ok guys

I'm not going to update this chart any more so you are on your own until Monday. If you want to get out, that's fine and we'll get back in later. Or staying is also fine
Excellent week. Lots of fun and lot of pips
Thanks you for the great company
Have a great weekend

Kommentera:

This chart is no longer active. I will not update it.

Please refer to the latest chart for this pair by going to my page and pressing the live tag. There, you will only get my active charts: www.tradingview.com/u/Ichimoku_Trader/