Posts

A question on Kijun signal

This short post deals with a question I ask myself on the Kijun signal in my trading strategy. As you might have noticed recently, more and more of my entries have been taken without full signal from the Kijun Sen, ie not a full upward or downward slope. I have found this condition to be very limiting, meaning that very few trades satisfy this ‘slope’ condition, and usually when it does, price has already started heavily trending so I feel I have missed a good part of the momentum. This is why in quite a discretionary way I have sometimes excluded it from the entry signals. I will keep researching this, but your ideas are more than welcome.

 

+472 pips on 3 trades to end the week

I closed all open trades for the weekend.

Total gain is +472 pips on 3 trades, configurations were well oriented.

As always, these three trades offset a long series of losing trades since the money management and the stop placements always keep risk at a very low level.

Have a great weekend all.

eur cad 202pips

eur cad 202pips

eur usd 164pips

eur usd 164pips

usd cad 106pips

usd cad 106pips

EUR/CAD looking good, trailing stop to fractal

My EUR/CAD long is looking good, trailing stop to fractal that has just been created. Upward slope seems good, higher highs are being made.

usd cad looking good

usd cad looking good

 

 

EURGBP exit at break-even and Long trade on USDCAD

My EUR/GBP long exited at break-even and I just went long on USDCAD.

 

eurgbp break even

eurgbp break even

usd cad long

usd cad long

Both open trades looking good

Both of my open trades are looking good. time to manage them smartly. Reduce risk but leave room to breath, wait for next fractal to trail stop.

eur gbp good

eur gbp good

eurusd good

eurusd good

Going long AUD CAD

A good signal on AUD / CAD. Price above cloud, Kijun and EMA are trending up and RSI bounced on 50 mark. Stoploss at last fractal.

audcad entry

audcad entry

69 pip loss on AUD/NZD

Loss of 69 pips on AUD/NZD.

I think I maybe need to be a bit stricter on the entry criterias (thanks for those of you giving me heads up), too many recent trades have been taken with uncertain slope on Kijun or a bit of distance on the RSI from the 50 mark. Let’s see if a few good trades can turn things around for the month.

audnzd stop

audnzd stop

NZD JPY Short

Short entry on NZD JPY

Short NZD/JPY

Short NZD/JPY

One gain / one loss : net positive +123 pips

Exited two trades on a retrace of GBP pairs. My GBPJPY long exited with +206 pips while the GBPAUD closed with a loss of 83 pips. Net gain : +123 pips

Ichimoku strategy

Loss of 83 pips on GBPAUD

Ichimoku strategy

Gain of 206 pips on GBPJPY

Going short USD/CAD

Signal is clear, price below cloud, Kijun and EMA have good slope, 7 period RSI has bounced on 50 mark. Go short, stop at fractal.

Ichimoku cloud

trade setup on USDCAD