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[IrisWall]

I am going to try to post what I do using the Ichimoku indicator. I would like to thank Manesh for his teachings over the years and I look forward to the book. This post will be a test - I need to post pictures to graphically explain some of the reasons for the trades I make during the day. I have not been successful in posting pictures up to now.
The chart traded today is live from Tradestation. I use the Kijun Sen as the main indicator - if the close occurs above the Kijun the line turns red, otherwise it is green (thicker than the others). The Chikou Span is colored as per the Senkou Cloud depending on if the price crosses above or below the Chikou. The Senkou Clouds have two colors - a fill and an outline. As I mentioned in another post which unfortunately did not have a picture uploaded, this color arrangement often stops me from getting into trouble if I wait for the upper margin to match the body. This post is not an explanation of how I trade, nor is it trading advice, but just to get used to my color schemes. If we are successful in getting the pictures online, I will give my reasons and examples for the trades - it is my actions alone and not advice on how to trade. I have to be honest - I use another indicator to confirm the entries - this is heresy, but I am very insecure when it comes to losing my money. Perhaps I will post that at another time.
I trade S&P Eminis only. We can try to match the trades with FOREX if there is interest. I only use Tick charts. The Emini is set to 1200 ticks and is set to the CME based on CST. The chart is a 24 hour trading Globex chart. Here we go.

[sunman4008]

Hello,

Your chart did post with no problems.

Nice coloring of the indicators.

-Manesh

[IrisWall]

Thank you.
I have noticed that sometimes there is confirmation of the upper color of the edge of the Kumo with its body.
Here at #1 there is a sell and the upper edge of the Kumo confirms the Kumo color change to the right (26 bars) Then there is a fake Trend change to the upside at #2. Here the upper edge of the Kumo did not agree. Then at #3 again it (Kijun + Kumo cross down) turned down and still the Kumo upper edge did not agree (not at the bar cross but 26 bars to the right where the Kumo is actually related to the close. Finally at #4 the Kumo agrees and also the Kumo+Kijun+Tenkan are pointing down to 25-after on the clock - strong trend down.

On my charts, the Kijun turns red when the bar crosses it going down and green on the way up. The Tenkan tuns Blue when it crosses the Kijun on the way up and yellow when it crosses on the way down. The Chikou changes to the Kumo color when it crosses the bars going up or down.
Hope that this is useful.

[sunman4008]

Hello,

That makes sense.

-Manesh