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[Pauly]

I am a believer in looking at the next time frame up for the time frame I am going to trade. 2 hour chart I first start with the 4 hour chart and make my trade decision.  This may be a stupid question but how do I determine if I am getting in at a fair price using Ichimoku?  Using Dr Elders method I wait for a pullback to the moving average for my trade setup if all is in sync.  For longer term plays using the Ichimoku do you use the Tenken and Kijun simalar for the setup

[sunman4008]

Hello,

The question you ask is very hard to answer.     There is no right or wrong answer.    Trading with the higher timeframe is always the best way to trade.    You want to follow the higher timeframe trend and not go against it especially if you are a beginning trader.

On the lower timeframe, if you want the best value than you have to trade a pull back strategy.   However, if you do that, the chances of you having more losing trades will be higher because you are trying to determine where the pull back has ended which is an art within itself.

-Manesh