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[bigdoglee007]

From this chart you see price is below the cloud, the future kumo is point down and so are the chikou and tenkan and kijan. But the tenkan, kijan and chikou have yet to break through the cloud. Since all indicators are strongly negative is this an ok time to enter OR should I wait for a indicators to break through the cloud?

[marathon777]

Am I  overlooking something?  Are not all three that are mentioned within the cloud making them in consolidation --- meaning not to  trade this trade at this time???  Thanks   Larry

[sunman4008]

Hello,

TS/KS are in the cloud so typically you do not trade them because it does indicate consolidation.  If your trading plan allows it then you can.   Some strategies will allow it but others will not.

The strategy in the book does not allow it.

-Manesh

[Riobeard]

Some traders wait for the chikou span to join price below the cloud, or vice versa, for added confirmation; it all comes down to your own risk tolerance

[scorpions84]

In my view, the next candle may be bearish...But since there will some resistance for chikou, T/S, Kijun; I might not enter into the trade.

[arco]

As the action has just broken through the Senkou B you would now need to check if the polarity has reversed

[scorpions84]

As the action has just broken through the Senkou B you would now need to check if the polarity has reversed

I like the word "check".

Because most of the time when I entered the trade by just relying on "price closed when it has broken the senkou B", it will pullback into the cloud again...hahaha...

[arco]

Quite right scorpion - and thats why you always need to check - as here

A break may only be a test.....................

[sunman4008]

Hello

This is way if it breaks it,,,you look for a pull back and then break of the last high/low.

-Manesh