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 How to make 277 percent more profit using candlesticks with ichimoku In all our testing, using candlesticks and ichimoku together resulted in 277 percent more profit than just using candlesticks or ichimoku alone. The ichimoku system utilizes five separate lines or elements. These are not generally used individually when making trading decisions, but rather used together to form an overall picture of price action. Therefore, a simple look at an ichimoku chart will provide the ichimoku trader with an almost immediate understanding of sentiment, momentum and strength of trend. Add the confirmation of candlesticks and the whole picture becomes more powerful. There are a total of four high probability reversal signals in the chart below, which shows two trades on the Euro we alerted members to in April. An Evening Star (1) is shown on the chart and we suggested our members look to place an order going short, with target prices set between the two green dashed lines (which we derive from ichimoku elements). The sentiment was reconfirmed with a second pattern (2). This trade gained a maximum of 268 pips. We then looked for a bullish reversal pattern (3) and suggested a target price at around 1.3325. This netted a further 148 pips when a fourth reversal pattern (4) called a halt to the upwards move at our target zone. |
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Our trades for that week (ending 1 May 2010) had a total potential profit of 2247 pips (realistically, members achieve 10-40% of the potential). There are at least 32 reversal candle patterns, but only a few of them work consistently, and reading the ichimoku charts in conjunction with these takes some experience. At Lincoln FX, we do all that hard work for you. If you want to increase your pip count significantly, take advantage of our trial membership - it's only $49 for the first 30 days. As a member you'll receive analysis on all the major pairs. We send through commentary with charts that have clear instructions where you could consider placing your trades and where the likely target is. We aim for trades that make 150+pips profit and avoid the tendency of many forex alerts services to over-trade on high-risk, low quality moves. If you are serious about receiving accurate analysis and trade ideas, and education that shows how professionals trade, tell us you're an ActionForex reader and not only will we refund your first month's membership once you enter your second month of membership, but we'll send you our Ichimoku Secrets video for immediate download (usually $19). Click here to find out more. This offer is only valid until 23 May 2010. Best of luck with your trading. 
Andrew 'Arco' Cottingham PS. Our service is for investors who are serious about dramatically improving their forex trading results. If you are ready to start trading more effectively, start your trial now.
| Happy Customers |
I joined Lincoln FX late 2009 hoping with your help to get a consistent 100 pips per week or 400 per month. I struggled for the first couple of weeks through being trigger happy, but your patience is rubbing off on me and I took over 550 pips this week alone. The truly amazing thing is I reckon I missed as many as I took. A very big thank you !! David C |
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I have cashed in 792 pips this week. FANTASTIC but best of all my platform has another 253 positive pips sitting there ready for next week. I am so thrilled... Thank you S.J |
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Made 4 times my subscription on 1st 2 days with this sweet little trade. 29 days to go. Bring it on Arco Rod V |
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Lincoln FX Ltd
www.lincolnfx.com Disclaimer: Trading forex is risky. Past performance is no guarantee of future results. Please read all terms and conditions. |
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