2014: Further lessons from Ichimoku Cloud!

Fri 21st Feb (8.35 am) Lessons from the Ichimoku Cloud:

A/U, A/J and Kiwi TS signals: these signals from late this week have all failed. Annoying… yes but I have delved a bit further to see if there were some clues that could have prevented losses from these signals. I have discussed before about avoiding taking new signals when price is embedded in either the 4hr or daily Ichimoku Cloud and this was the case for each of these 3 signals.
A/U: has been stick in the daily Cloud:

A/J: stuck in the 4hr Cloud:

Kiwi: stuck in the 4hr Cloud:

Some TC-type signals from earlier this week, that triggered from outside the Bollinger bands so I discounted them, are also worth noting here too. These non-signals also failed but they, too, had Ichimoku Cloud issues! Price was either in the 4hr or daily Cloud on each of these charts:

E/J daily Cloud

U/J daily Cloud:

EUR/AUD: daily Cloud:

I have written about the phenomenon of TC signals and the Ichimoku Cloud in more detail and this information is loaded on my new web site. I do hope to get this site up and running soon but there are still some issues to be sorted there. Clearly, though, I do need to take more notice of my own trading advice!