Here is a simple video preview to identify the potential trade setups using Ichimoku Clouds to capture big moves. Identification of the signals is quiet easy game. Buy if the Candle Closes above the cloud and Sell if the candle closes below the cloud and the stop loss is the cloud itself. The same principle has been applied for Nifty starting from 2000 to 2010. Just check out the result
Related Readings and Observations
Nifty hourly trading for 20 August 2010 Hourly charts of nifty remains the buy signal with cloud supports near 5427 zone.Daily charts of nifty remains the buy signal since 10th June 2010. i.e the recent buy signal right from 5075 remains in buy mode for more than 2 months .Current cloud su...
Nifty maintains the hourly sell signal for 19 August 2010 Nifty maintains the hourly sell signal with resistance place at 5435 zone. And also spot nifty is holding the GANN Support zone 5410-5415 zone. As of now nifty nears the make or break kind of situation which could be confirmed after crossing the 5410...
Nifty hourly trading for 17 August 2010 Chart shows that Nifty hourly mode @ GANN Supports zone 5417-5410. Breakdown below the support zone will target the next support zone 5200...
Nifty hourly trading for 13 Aug 2010 Nifty hourly resistance still near 5466 zone and continuing the sell mode. Also in yesterdays action it nears the first GANN Support zone 5375-5370 region. As the GANN Supports are in increasing mode the current supports zone has increased to 5380 zo...
Nifty hourly trading and Trin Charts Nifty hourly trading shows the continuation of the buy mode with hourly supports near 5456. Also the rising trin charts shows that recently there are more declining stocks than the advancing stocks in terms of volumes which indicates the possibilitie...
It’s no better than a statistically adjusted Moving average. Their were significant whipsaws which could have hampered any trader’s psychological make up. It’s just a little more flashy and attractive looking. Performance of it obviously won’t be that different from a Moving average.
# 27 April 2010 at 4:22 pm
VIKAS said:
wat is tf of dis video example ??/
# 27 April 2010 at 7:47 pm
Devansh said:
Hi, I am following your website from some time now, you are doing really good work I am trying to trade Forex Markets on Technicals any thoughts on what might work best I try to make about 10 Pips a trade ? Thanks and Regards
I had backtested the results. Ichimoku has whipsaws but it works better than a Traditional Moving average. More over if functions as a stop loss indicator. Where as in traditional moving average it creates more noise if used as a stop loss indicator
# 27 April 2010 at 10:19 pm
VIKAS said:
Again requesting you (especially to Rajandran R) to clear the TIME FRAME of this video..& also provide sum video on indepth trading technique on Ichimoku ( with special emphasis on how to close the position when prices approach/fall in the clouds)
@Vikas
Time Frame parameters are 3,13,16. Will soon provide the summary video here.
Vikas, Also try to avoid SMS lanugage format its difficult for me to interrupt your message
# 30 April 2010 at 5:11 am
Devansh said:
Hi Mr.Rajandran in continuation of my previous message I trade the Euro/USD pair in Forex on 5 minutes time frame, any thoughts on what Indicator might work best if the Idea is to scalp 10 Pips ?
Thanks and Regards
# 1 May 2010 at 3:57 am
Sandew said:
Hi Rajandaran,
For eod I use Chartnexus, which now has Ichimoku indicator which I have re-set to 3,13,16 as indicated by you above.
Can you please provide some appropriate concise literature on Ichimoku (yes i know I can Google..but then there is too much of gibberish to sieve through first) which also teaches what parameter to use and when, please.
Thank You
# 2 May 2010 at 11:19 am
archana said:
hi,thks for ur ans
in cont …. so shld i hedge all the 1500 shares @ 5271,will i profit from it or shld i switch over to next month – which will b beneficial for me.
& how much do u thk nifty wld go to by expiry
i can even hold but since the mtm is calculated…
thanks
# 19 May 2010 at 1:40 pm
Narendra said:
Can you please comment on the attached Ichimoku chart on Nifty. there is some irrational movement since May’2010…..
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It’s no better than a statistically adjusted Moving average. Their were significant whipsaws which could have hampered any trader’s psychological make up. It’s just a little more flashy and attractive looking. Performance of it obviously won’t be that different from a Moving average.
wat is tf of dis video example ??/
Hi, I am following your website from some time now, you are doing really good work
I am trying to trade Forex Markets on Technicals any thoughts on what might work best I try to make about 10 Pips a trade ? Thanks and Regards
@Ron
I had backtested the results. Ichimoku has whipsaws but it works better than a Traditional Moving average. More over if functions as a stop loss indicator. Where as in traditional moving average it creates more noise if used as a stop loss indicator
Again requesting you (especially to Rajandran R) to clear the TIME FRAME of this video..& also provide sum video on indepth trading technique on Ichimoku ( with special emphasis on how to close the position when prices approach/fall in the clouds)
@Vikas
Time Frame parameters are 3,13,16. Will soon provide the summary video here.
Vikas, Also try to avoid SMS lanugage format its difficult for me to interrupt your message
Hi Mr.Rajandran in continuation of my previous message I trade the Euro/USD pair in Forex on 5 minutes time frame, any thoughts on what Indicator might work best if the Idea is to scalp 10 Pips ?
Thanks and Regards
Hi Rajandaran,
For eod I use Chartnexus, which now has Ichimoku indicator which I have re-set to 3,13,16 as indicated by you above.
Can you please provide some appropriate concise literature on Ichimoku (yes i know I can Google..but then there is too much of gibberish to sieve through first) which also teaches what parameter to use and when, please.
Thank You
hi,thks for ur ans
in cont …. so shld i hedge all the 1500 shares @ 5271,will i profit from it or shld i switch over to next month – which will b beneficial for me.
& how much do u thk nifty wld go to by expiry
i can even hold but since the mtm is calculated…
thanks
Can you please comment on the attached Ichimoku chart on Nifty. there is some irrational movement since May’2010…..
Thanks
Narendra