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Re: Ataglance2 post# 8663

Wednesday, 04/11/2007 11:14:14 PM

Wednesday, April 11, 2007 11:14:14 PM

Post# of 42555
Back in @ 239.903 (based on d'kijun sen cross)

A strong kijun sen cross Buy signal takes place when a bullish cross happens above the kumo.


The kijun sen cross is one of the most powerful and reliable trading strategies within the Ichimoku Kinko Hyo system. It can be used on nearly all time frames with excellent results, though it will be somewhat less reliable on the lower, daytrading time frames due to the increased volatility on those time frames. The kijun sen cross signal is given when price crosses over the kijun sen. If it crosses the price curve from the bottom up, then it is a bullish signal. If it crosses from the top down, then it is a bearish signal. Nevertheless, like all trading strategies within the Ichimoku Kinko Hyo system, the kijun sen cross signal needs to be evaluated against the larger Ichimoku "picture" before committing to any trade.


Example of STRONG KIJUN SEN CROSS SIGNAL
http://www.kumotrader.com/ichimoku_wiki/images/e/e1/Ks_cross.gif

Dollar Danger, Will Robinson! Dollar Danger!


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