Another System for Breakout (ASB)

Hello everyone,
Janfx is back.

When I watch price movements from an eagle eye perspective, I see that prices are more volatile when they move away from the moving average. So how can we hunt down those movements? Inchimoko is the best bet to get a high probability move, but...many people are bored with this trade because we have to wait. Patience is the key factor at Inchimoko, and the trend is always your friend.

I am among the 80% of retail forex traders (losers). I spent hours studying the diagrams and understanding their behavior and ended up with this system.

Please do your homework and understand how SSMA, Ichimoko kijun Line and kumo cloud work.

If you just look at any chart with ichimoko, you can see (OMG, price trend movements are already defined)

We'll make it very easy to trade the 1 hour chart and you'll have time for other work.
Time frame: 1 hour.

Premise 1: The price must be higher than the cloud,
Prerequisite 2: The price closes above the channel.

[These two conditions will give you a good trend, so PA is above the clouds and Channel A is uptrending]

Once this prerequisite is determined, look for new entry points for trade rules

Trade rules:
Buy:
1. The price must be higher than the cloud line and Kijun line. (Uptrend is highly likely)
2. Price closed above the SSMA channel
3. Gann Hilo must be blue
4. hieken ashi must be to buy candles.

Late: GG-RSI-CCI green bar after red or orange bar

Sell: Vice versa [Buy]

Each currency pair has a movement pattern, so adjust the Gann hilo value and GGRSCICI to best suit the currency pair

USDJPY 3.4.4
USD/CAD 2.8.8 revised 2.7.7
AUD/USD 2.5.5 revised 2.4.4
EURUSD 2.3.3

Template settings are for eurusd.

trend surfer

1. Never try to predict where the market will go
2. Never try to pick “tops” and “bottoms” of price action
3. Always respect the trend and adjust your trades accordingly
4. Let the market tell them when the trend is over, not their "gut feeling"
6. Take a long-term view of price trends and don’t be swayed by fluctuations
7. Understand that as trends mature, they will go through some potentially significant but temporary retracement periods
8. Understanding trend trading can lead to huge gains, but it can also bring equally huge losses
9. Understand that trends can occur across multiple time frames

99% of the profits from trend trading are psychological factors. If a person can conquer their mind and quiet the inevitable inner dialogue that screams "Wow! Looks like the price is going against your position! The trend must end - sell now!" and focus on the long term, they have a good chance of becoming a successful, happy and stress-free trend trader. "".""

As a charting system built specifically for trend trading, Ichimoku Kinko Hyo can provide astute practitioners with a deeper understanding of trends and therefore provide safer entry and exit signals than any other trend trading system available. However, it must be combined with the right mindset to reach its full potential.