XJO 0.60% 8,220.5 s&p/asx 200

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  1. 2,810 Posts.
    Good song GM

    Only a learner myself but find ichimoku gives me a picture of price.
    The Japanese use it and they own the markets.

    As far as trading it, it is hard just learning to trade. I'm getting better
    and can achieve good profits but get hungry for the next trade rather
    than waiting for true opportunities.

    The hardest part of ichimoku is that it observes all t/f's. That's a lot
    of scanning on a 13" screen. lol

    I currently focus on the USDJPY and then trade indicies reaction to it.

    It is great for forex but need wider stops. Mistakes are expensive.
    I lost my short on the AUDJPY today by moving my stops to early.
    After they were hit price dropped about 100 pips.


    Another view of the correlation. This time 1 hourly for a week.
    The interesting part is where each price is in relation to the
    green and light blue lines.





 
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