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Originally Posted by Aguda
But I read Ichimoku D1 chart in these 2 days,
only USDJPY is not in the cloud, so I miss lots of profit again!  |
No, you did not miss anything. You are right.
It is subject to risk: some people are trading with some risk.
We will start to create some script/indicator/EA to describe the market condition and I think this script or any will post the file in /file folder with full description. And it will be easy to trade in this case. We (me and Igorad) started to do it already.
For EURUSD.
Write line (Ichimoku chart) crossed the price on close bar (D1). But the price is in cloud. So if you see my image from last post so the main signal for ASCTrend M30 came too late and signal bar is too big concerning open/close. You may see it from the image of the last my post for EURUSD M30.
And no any crossing on H4 timeframe. It is really risky to trade if the signal bar is very big on open/close. As I know CatFx50 is not trading in this case.
The same situation on H4: white line did not cross the price for uptend but the price broke some resistance line (Maksigen system) which was 1.2620 in that time that is why we had some movement. But according to D1 Ichinoku chart the EURUSD is still on downtrend.
For USDCHF.
No any indication about new trend started on D1 Ichimoku. Just uptrend (white line is above the price) and price is inside the cloud. On H4 is the same situation.
For GBPUSD.
White line (Chinkou-Span) was crossed the price (D1) on the close bar for uptrend. Price is inside the cloud. Cloud is not thin so it is choppy market with support/resistance which are the borders of the cloud. White line is closed the price on H4 as well and the price (H4) came outside the cloud for uptrend. The signal for GBPUSD is strong enough but the price is inside the cloud for D1 timeframe which indicates the choppy market. Risky but possible. According to D1 Ichinku chart the GBPUSD is not in downrend and is not in uptrend. Some people are trading inside the cloud if it wide enough but it is very risky.
For USDJPY.
Situation is the same with USDCHF. But cloud was changed the color in the future (H4 timeframe). It was reversal 10 bars ago (from uptrend to downtrend). To say it correctly, the market is trying to be reversed. But still uprend (H4). On D1 timeframe the reversal is expected starting from 26th of July (see image). So it is still uptrend.
You are right and did not miss anything.