Reformation of The Mind

I am calling this post "Reformation of the Mind" because if any of you who are reading this know my trading style or the one I talk most about - Trend within 4H and 1D timeframes, you know that I have been an evengelist for some time now on getting Traders "out of the box" and thinking towards getting into a trade with definite targets as far as entry and exit points. This is all very sound - however; an area that I have not expanded on a lot is the practice of Day Trading or Trading within tighter time frames. Well why am I talking about this now? What I am finding is that the crowd that trades theses smaller time frames and when I say smaller I need you to understand that I NEVER trade 15M charts or anything less... So when I speak of small I am speaking of time frames of 30M + towards 1H maybe 2H. I am expanding into this because often as Traders we find ourselves caught within ranges that do not warrant "Bigger Moves" ie 4H and 1D trades that are safe and easily managed without the potential of a quick reversal. Using Ichimoku adds difficulty to this scenario because of it's speed of signal and execution, many times by the time you see the clear path of a trade the trade is changing in direction. To remedy this it is critical that you know how to trade within smal time frames to turn idle time into viable opportunities in the ranges of 10 - 25 pips per execution. Keep in mind however you will have to have a more focused fram of mind when trading this way and you have to be willing to monitor your trades from a "hands-on" approach.

So for the next few weks maybe a month or two I will be trading from a different stance - one different than what I am accustomed od sharing with the readers of this blog - and hopefully by doing so I will give another level of insight into the methodolgy of Ichimoku Kinko Hyo.

We will be focusing on just two currency pairs with a daily target of 25 - 50 pips per day. The pairs studied will be The Euro Dollar and the Cable (EUR/USD and GBP/USD). In my opinion these two pairs will provide the volitility that we need to really look at this mode of trading and its implications.

I will be providing Audio versions of most of the post over the next few weeks as well. For the first time I will also be posting screenshots of my actual trading platform and relevant set-ups.

Please kep in mind that though we conduct a tremendous amount of analysis - there is no 100% system so please trade with care and only execute trades that you can confirm and agree with 100%.

Good Luck Trading

HUNT/FX Adds Audio!!!

Alot of exciting things ar happening around the world of HUNT/FX - I know it does not seem like it due to the fact that you seldom hear from me anymore, lol!!! Just be assured that I am working hard at making HUNT/FX the definative source for information concerning the markets and Ichimoku kinko Hyo.

Major Changes:

1. I will only be taliking about two of the major currency pairs, specializing in the two pairs will allow you to get a solid look at the Euro and Cble without a lot of "clouds" in the way.

2. Audio!!! I have launched or in the process of launching a Pod Cast through ODEO, so now instaed of just reading HUNT/FX the blog you will be able to hear "A Daily Dose of Ichimoku" the audio version of this site.

3. New training and mentoring opportunities. After training for the later part of 2005, I discovered that learning Ichimoku is a very involved process, so I will be offering Ichimoku Training at a whole new level!

4. Screen shots!!! I will be loading screen shots of my charts now!! I will be sharing with you right here on HUNT/FX good set ups and also opportunities in the various time frames.

This is all I have for now - Look for the ODEO buttons and links to hear whats going on!!!

It's Hard To Get The Wheels Turning...

MY!!! Its sooooo hard to get going again on your Blog when you have not done it in awhile. I can remember the days when I had to blog and in fact I may have had two or three post a day. One thing I can say though, when I stopped blogging on a "regular" basis my trading suffered somewhat, not bad but not as "on point" as usual. I think I had started being accountable to my blog, as strang as that may seem. I think by blogging I had set up a mental system that forced me to re-visit errors keeping me away from them and at the same time making a history of all of my success.

Well why am I blogging now? well I was convicted by a really good friend of mine from the UK who basically said... WAKE UP!!! Thats what friends are for -

I had gotten so fixed in my routine of trading that I forgot the fun stuff - So with that said, I guess I am woke now. I am thinking about doing somemore training on short time frames ie 15 - 30M charts and really looking at that a little more - I have a system that I have been using and it has generated great results and I am willing to share. If you want some advanced info on it email me at vhunt@huntfx.com and we can look at it -

Other than that nothing is new.. I have not even looked at the charts this morning - I did last night but nothing in detail - But just as soon as I ge a grip on them I will post some predictions and stuff.. Yeah.

Be careful out there.

Weekend Outlook - Oh... Soooo Rare!

Weekend Outlook? What a treat huh!!! lol!!! I was looking at the chart with a fellow Trader and the big question is - when will the channel change? lol!!! We are really tired of looking at the same stuff!! so please!!

On the serious side - Pairs have been caught in channels for some time now - with light attempts to break out with no vail - so... this is what we have -

EUR/USD

Alarm @ 1.1890 Climb back into Kumo
Alarm @ 1.1845 Drop below current channel
Target 1 @ 1.1820
Target 2 @ 1.1790

GBP/USD
Alarm @ 1.7410 Break lower below Kumo on the 4H chart
Alarm @ 1.7465 Climb higher against current trend ...
No Targets, Trade Ideas...

So... this is all I got! I will be looking deeper on the market open Sunday at 5pm est - and really expanding on my other pairs but for now - (since more of you trade majors) I thought I would give you some hope! lol!!!

Be careful out there!!!

Relationships.

Relationships. Relationships can be a very complicated, or in better view "we" can make relationships very complicated. Sometimes we can see that we are in a "bad" relationship and "try" to make it work, or we can be in a very "good' relationship, and due to our experiences in the bad relationships we can unconciously do all we that can to "under-mind" the good relationships - lol!! a quite frustrating experience -

And here we are with Ichimoku Kinko Hyo a system built on relationships, relationships built on mathematical probablity and insight. You have a individual named Tenkan-Sen who courts Kijun-sen, and while Tenkan-sen can at times be a wild hair roaming about - Kijun-sen - is steady and moves slowly through life - steadfast and strong keeping Tenkan-sen in a perfect balance.

Then there is The Senkou's - Mr. A and Mrs. B we like to call them. This pair travels across a seemingly chaotic field of numbers that bound to and from continuously - never settling for long - in a cool calm colleted fashion - at times it almost appears that these two have their heads in the clouds - simply living life from moment to moment giving advice to the younger generations - Tenkan-sen and Kijun-sen often lend an open ear, however; with thier youthful spirits they can often conflict with the advise delivered from the wise pairs - the Senkou's .

But there is always one. The one that travels through life as a rebel - the one that tries day in and day out to find a path - a way in this life. Often this "rebel" will interact with the relationships that it comes across - and changes their destiny forever - Not in a negative way - but often offering a new insight on "life" and the course of things - seeing through the eyes of one who has had time to look at things from a different perspective - both past and present and make decisions based soley on facts and without the influence of any relative relationships - This one is called Chikou and Chikou in its difference can make the difference.

Just a different look at Ichimoku.

New Header - New Ideas - Just Plain New!!!!

Well, well, well, what you have time for when the currencies are stuck in ranges!! lol!!! I thought it would be a good time to re-do the header that we have seen for sooo long - well over 100 post now - and surely if I was tired of seeing the old header so were you all.

So we are trying something a little different. Nothing to report today so far.. I have not even taken the time to look at the charts - I had gotten alarms early this morning and I know that Euro has climbed some as well the cable and the the Swiss decided to drop - along with the Dollar Yen - This I know from my alarm systems and what I get on my BlackBerry. I am not top excited by these moves because again - for us Ichimoku "Guru's" this spells another day of contridiction on the 4H and 1D cahrts - and, if you are at all like me, I stick to my system - and when the system is out of sync - I be still...

I will go in and do and analysis on what out there but I am almost certain that there are no "good" trade ideas out there - at this point due to the erratic movement - The market is sooo choppy - I feel like Peter out the water with Jesus! Except Jesus is not telling me to come out on the water!

Be safe out there!!

Busy Morning - Big Updates - Thank The Lord!!!

Today there has been some progress across the board - and there are some pretty good ideas developing for strong trade zones - The majors are not providing many views - however; what I call the "exotics" are - The Cable Yen and the Euro Yen are both firming up and finally showing some sort of direction - Which in my opinion (my opinion of course) is continued Bull Scenario - So the object is to carry through in a Bull stance. Here are my suggestions -

GBP/JPY
Enter @ 207.55// Exit @ 207.95 T1// SL @ 206.85

EUR/JPY
Enter @ 141.50// Exit @ 141.75 T1// SL @ 141.20

I am currently active in both trades at -1 and -4 repectfully...

I do not have ny great or even "good" trade ideas for my other crosses - the "Majors" yet - I am waiting for days end to make my analysis - and hopefully gain a little footing across the board. The Euro and Cable are both very close to, or engaged with prevailing Kumo structures (which always spells "RISK" on the 1D and 4H charts - so I am standing back - with insight from 1H and 2H speeds - so we will see...

Be careful out there!!

Whoa!

Whoa! Is actually an understatement - Can we say... Lost Focus? lol!!! Yep that's me - Mr. Lost focus. I have not posted here is sooo long when I opened my Blogger account there was dust on the loging screen - I almost fainted -

But anyway - what can I say - the pairs have been kicking my butt to say the least - but its been an interesting but kicking - because in the process of getting my butt kicked I have been elevated to Fund Manager (how ironic) so now not only am I getting my rear "toosh" chewed off, but I am responsible for getting other peoples rear ends chewed off - lol!!! I am laughin only to stay sane in all of this.

All jokes asside it has been an interesting month so far, I blamed the first half of the month on the New Year, until that got old, then I started blaming the currencies - (like we all do) then I started blaming the lack of equillibrium - then the Pip Gods... Now I am running out of "Blame Takers" lol!! so if any of you have any I can use please submit them - My ears are open- I am sooo desperate that I even enabled comments on my Blog again!! lol!!!

Today I did analysis for what its worth I have no trade ideas yet for this week - If you have been following my Blog you all know (or should know) I trade using Ichimoku Kinko Hyo so my timeframes and stuff are all longer - so I am not a very high volume trader as it pertains to how many trades I actually execute - however the trades I do execute produce solid pips generally 30+ per trade and I trade 4 Major currencies as well as 2 Exotics - Which I have recently added for a little flexibility and variety GBP/JPY and EUR/JPY, both strong trending pairs -

So what do my charts look like? well - something like this -

EUR/USD 4H
Alarm @ 1.1910 drop below kumo signal 4H
Alarm @ 1.1985 climb above kumo 4H
No Trade Ideas....

GBP/USD 4H
Alarm @ 1.7540 climb above kumo
Alarm @ 1.7390 drop below kumo
No Trade Ideas...

USD/CHF 4H
Alarm @ 1.3120 break above 4H range and breach of Tenkan-Sen
Alarm @ 1.3160 Fall back into kumo, chikou repositioned below price.

USD/JPY 4H
Alarm @ 118.45 climb above current kumo structure
Alarm @ 118.15 break below current position, rest on top of kumo
No Trade Ideas

This is what I have for the Majors that I trade. Here is one of my "Exotics"

EUR/YEN
Alarm @ 140.85 fall below current range
Alarm @ 141.35 break above current range

So... if that help any of you out there. Basically I am taking a little precaution on today.. not pulling any triggers just allowing the price to show it's hand before I decide on any solid movement. There has been a lot of turbulence (I have not gave "turbulence" any credit yet) over the last few days so I am standing back waiting for the smoke to clear for the most part.

Today should be relaively quiet for the most part bcause of US holidays - so we will see -

Good luck trading!!