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mbfusion

gbp/usd open discussion

Members: 2
Latest Activity: Oct. 30, 2009

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michael " bobert" msbfusion

gbp/usd trading the pair using the Ichimoku cloud complete cloud settings

Started by michael " bobert" msbfusion Jul. 15, 2009.

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Adam Horak Comment by Adam Horak on October 30, 2009 at 8:49am
hope things are going well!!!!

Adam
michael " bobert" msbfusion Comment by michael " bobert" msbfusion on June 28, 2009 at 6:17pm
6:15 PM ET, LOOK AT THE GBP/USD ON A 60 MINUTE CHART, THIS CANDLESTICK FORMATION LOOKS BARISH TO ME, WITH A SUPER TIGHT STOP ABOVE 89% RESISTANCE, MSFUSION
michael " bobert" msbfusion Comment by michael " bobert" msbfusion on June 25, 2009 at 8:36am
gbp/usd, using the Ichimoku cloud we got our entry at 6:00 am central time with a close of the 3am 180 candle, this example rhows a nice entry, also look an see how the cci and stochastic have cone down from over sold areas, also take note on a 360 chart we have two inside down candle formations in a row with the break of the cloud, this is short term barish, I will be watching for the 360 chart to roll over today, good afternoon msbfusion
michael " bobert" msbfusion Comment by michael " bobert" msbfusion on June 24, 2009 at 9:48pm
6 24 09 9:27 pm, looking at the gbp/usd on a daily chart using the Ichimoku cloud, and the cci and stochastic, on the chart the resistance point looks to be 1.6665, on a 360 chart we have a three inside down candle formation which is usually barish, but cauation is needed until we get a break of the cloud on at least a 180 chart,all the way through the cloud with one 180 candle close, for a new short entry, find adams archive on the Ichimoku cloud and review, the Ichimoku cloud can be very accurate when used on larger time frames, 180, 360, and daily, with cci and stochastics, I look for over bought and over sold conditions as a early signal and wait until I get that break of the cloud all the way through on a 180 with at least one candle closed before I take a new position, If your used to using lower time frames 90,60, 30 practice using them, open up a new demo and practice using the I cloud until you get the feel of this new style, this is not for gambling and never use it unless your comfortable with how the cloud works trasinings and book material is hard to come by but there is information available if you will to do a little homework, consistancy persistancy and patients will pay off if you practice, this cloud works on stocks to, any comments please post, I have been using the Ichimoku cloud now for 17 weeks with improving success each and every week, good evening mbfusion
 

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