Thread: Ichimoku
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Old 10-27-2005, 09:31 AM
newdigital newdigital is offline
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Many people understand the good trading systems as a profitability. Yes it is true. But Ishimoku indicator is the reliable system.

Ok. Thus how to estimate the stop loss and profit level? It is very important when we are working with this indicator as with a system to have 1 or 2 profit levels and one stop level.

There are 4 ways to estimate S/L levels.

First one is the technical method for S/L. It is for H1 timeframe only:

15 - 30 p on eur;
20 - 30 on gbp;
35 - 50 on jpy;
30 - 80 on chf.
Last edited by newdigital; 10-27-2005 at 10:15 AM.
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