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[sunman4008]

http://www.eiicapital.com/webinar/free_ichimok101_2.html

[firehand]

downloading now.. need to learn more..

[Amy]

Hello Sunman,
A wonderful webinar. Are u the instructor?
Following, I have a question:

I noticed that while checking conditions for a trade, you look only to Kumo's future part, ignoring Kumo's past. I could misunderstand that part, of course, but anyway I think Kumo's past is very relevant for decision taking and posting support/res. lines, along with Chikou span.

Thanks

 

[sunman4008]

Hello,

I am the instructor.

The past is as important as the future.     As J.W. Gann mentioned, the past repeats itself over and over.     Also, everyone is taught to represent the past through support/resistance values.   Since everyone is looking at them, price has a tendency of respecting them.     

The Chikou is the key indicator for the past since the formula is today's price shifted back 26 periods.   Therefore, if you are looking at a daily chart, it makes sure the trend has existed for min. of 26 days.    Using the peaks of the Chikou indicator, the Ichimoku support/resistance values are drawn.

-Manesh

[Amy]

Thanks, Sunman. For those members who didn't watch that webibunar yet (no matter how experienced you are with IKH) - it's heartedly recommended.

[sunman4008]

Hi Amy,

Thank you!

Oh....www.eiicapital.com and other websites may be down this weekend due to maintenance.     We are migrating all the websites into one location so they can be managed easily.

[Die Hunter]

A great webinar !!
Thank you Manesh
A must for everyone wanting to learn Ichimoku
I´m looking forward to watching Webinar 2

Greets

Die

[sunman4008]

Hello,

Thank you.....

Honestly, I haven't even thought about Webinar 2 


-Manesh

[Die Hunter]

It would be great for us to see your strategic decision taking when you move on different time frames in order to enter or not into a trade and how you draw support and resistance levels, its implications for the Ichomoku trading etc....

But we are alredy thanful for your tremendous work and contribution to this forum.
Many thanks for you determination to help us understanding Ichimoku.


PS:Excuse my english.It´s hard for me to express what I want sometimes..... 

[sunman4008]

Hello,

Your funny....

Keep on posting.

Right now, I am in writing a book on Ichimoku.    This is why I haven't thought about another Webinar yet.     

-Manesh

[lawed]

I am posting September 13th 2008.  I have been trying the link to view Webinar 1 but it has not worked for me.  Is the Webinar 1 available for viewing?  At what url please?

Larry

[Amy]

Hello Die Hunter,

With all the humbleness, I'm working now on an essay concerning exactly that problem of shifting from longer to shorter time frames. I plan to send that paper to Manesh for approval before posting it, but it's gonna take some time. For the time being, here's a point to pay atention to: while conserving all IKH rules, pay attention to the horisontal/vertical  distance from the current price line to the Kumo's border. Also, the curvature of the Kumo's border is very important factor. Don't go into trade before both Kumo's border are with agreement to that direction you decided that the price is going to. Start with a long TF, say weekle, and if on 4 or 2 H chart price is consistently approaching Kumo's border don't go into trade yet; price could reverse sharply. These rules are correct to Tenkan and Kijun sen too; on shorter TF's, don't go into trade if not both of them agree with your direction.
Second phenomenon to watch: price usually cross opposite Kumo, meaning: a bullish pair will cross bearish Kumo upwards, and a bearish pair will cross bullish Kumo downwards. Choppy market can display violent crosses on the same Kumo direction.
Also, watch what I call a Viking ship pattern of the Kumo, with a long flat Kumo buttom ending with a long prow. This pattern is a hint for sharp reversals to come. e.g.:
EURCHF weekly.

Hope these notions will give you guys some perspective on the problem of IKH on different TF's. I found a 120 min charts as fairly good frame to watch those aspects.

Amy

[Die Hunter]

Hello Amy:

Many thanks for your explanation.I appreciate it !!
Shifting time frames to find the best trade is the hardest part of Ichimoku (at least for me).
When weekly seems ok,4H is saying no way................so its kind of difficult sometimes to really know if its worth it to take the trade or not.
I pay very much attention on your comments Amy......

From your point of view ,Amy:
Do you find to be a good strategy to stay away from trades which doesnt seem to agree our direction on 4H,Daily and Weekly time frames?
Or you wouldnt be so strict following that rule?

Thanks

Die

[Amy]

My friend, please take some time to watch the patterns I described without trading. It's quite like speaking for itself. That's what I did. Now, I stick to those rules and put no trades that contradicts one or more aspects. There are more, but those three are fundamental.
The most important time frame for decision making is that one that demonstrates most clearly all those aspects. As for the Viking Ship pattern, you can see it over and over again on almost every TF; the shorter the TF the closer is the sharp movement. Don't go into trade yet if the edge of the prow turns to be like Dolphin beak, it implies in consolidation.

Good luck.

For examples to post, I suggest we move to the chart help section of the forum.

[Die Hunter]

Thanks for sharing your rules,Amy.
Would you be so kind to take a look at the chart section.I have a doubt about Viking ship pattern.

Die



-Don't go into trade before both Kumo's border are with agreement to that direction you decided that the price is going to.
-Start with a long TF, say weekle, and if on 4 or 2 H chart price is consistently approaching Kumo's border don't go into trade yet; price could reverse sharply
-Watch what I call a Viking ship pattern of the Kumo, with a long flat Kumo buttom ending with a long prow. This pattern is a hint for sharp reversals to come.