Hi, silver chart updated. Hope you guys are in it! Had been talking about this bull since last week, if you had been following.


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I'm a little fan of WD Gann and though to share this article.

http://www.cnbc.com/id/44036727/Fibonacci_...ear_Bond_Market

1. Create a trading plan.
2. Demo it for a few months.
3. Restructure your trading plan if needed.
4. Go live with small lots.

Trading is a lonely journey. Don't rush it.

Tell me, what went wrong?

Anyone from Kuching? I'm having a small fx gathering. PM me and i'll drop you my contact.

NFP, staying out for this week

Sry but i need to say this..

Ichimoku is not an indicator. It is a 3-Dimensional trading system.

Hi, what those horizontal lines you just drew is actually in the ichimoku chart. Do try to understand each ichimoku component.

For your posted chart, just wait for price to close below Tekan Sen. I would prefer to wait for Kijun sen instead.

TS = Short term traders.
KS = Swing traders.
Kumo = Long term traders.

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Added on September 6, 2011, 12:17 amSome words to think about:

What is high probability trading?
It is to cut loss when you are wrong and maximize profits when you are right!

It is all about risk management.

This post has been edited by Quinn: Sep 6 2011, 12:17 AM

What a good blue monday!

If you had been reading ichimokuworld strategy and applying them, this is the big winner that turned out today.

Short EURUSD.
Short GBPUSD.
Short NZDUSD.
Buy USDCAD.



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If luck was not on your side, what would have happened to your account that has no stop loss?

This post has been edited by Quinn: Sep 6 2011, 04:56 PM

I think the answer to everything is about how much you understand your indicator & how you are managing your risk. We are not able to predict the future. But we can forecast the movement. End of the day, how much we are going to profit is how we manage our risk. If you know your indicator well, any indicator will also work. The weakness, it is often the trader itself.

I hereby attach an article by my ichimoku friend, Asher. The topic is, who is the worst enemy of a trader? Try take a pick before you read,...

1. Fear
2. Greed
3. Lack of understanding
4. Ego
5. Strong opinion
6. The indicator/method used by 95% by traders in market

http://www.ichi360.com/?p=3004

It would be nice if you could be more particular with the currency pairs. When you said gbp, does it mean gbpusd? gbpchf? gbpjpy? ... ?

Not just double top. It is also triple top.

I can't post chart now but u can put a horizontal line and see the chart have 3 touch.

As requested.

This post has been edited by Quinn: Sep 7 2011, 06:29 PM


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Some asked me why did gold reversed? Nobody really knows but there was some strong indication.

1. Let's draw some important S&R by using chikou. As in the image attached, S&R was drawn from daily & weekly chart.
2. What is S&R? Support and resistance is a potential reversal "area". I do not consider it as a point, but an area of potential reversal.
3. When price reaches an important S&R, what we do is wait for a clear direction of what the market wants to do. Then, we will ride the trend with the market. As a trend trader, i do not try to pick any tops or bottoms.
4. At a S&R, if it forms a reversal candle, then it will support that it is a strong reversal region. Thus, at XAUDaily image, it formed a double top with reversal candlestick pattern called engulfing.
5. As a trend trader, we wait for a clear direction by scaling into smaller time frame that support the direction of the reversal.
6. As seen in the M15 chart, entry upon kumo breakout was a good one with stop loss at recent high.
7. TP will be using trailing Senkou Span B.
8. Did you see what happens to price when it reached the next support at 1850.43?

Hope this analysis helps you to understand the power of multiple time frame analysis. Until price breaks SSB @ M15, it looks like it will going down for awhile despite hitting the H2 kumo.


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Hi all, how's trading with Gold? In the Gold thread i posted the important region to watch out for, which is 1806.91. It definately made a U-turn there. I just got back from KL having a good time, and didn't do much about it. It is ok, we dont need to trade everyday. Any day also can make money!

I have a different view. I admire their desire for success instead. What they are doing is called internet marketing which they learn from wealth mastery.

Market may consolidate a bit more before the bull resumes.


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If everyone's thinking for EURUSD to drop more, I'm looking at it differently.
If chikou holds kijun in the weekly, then i see some bullish movement. However, as it moves into the kumo, im expecting more consolidation movement. Thus, im staying our EURUSD.




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