The Chiku Span Break: My Secret Setup
45sReveals a specific, actionable trading strategy that promises clear entry signals, appealing to aspiring traders.
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This video demonstrates a simplified Ichimoku trading strategy that focuses on a single component—the Chiku Span—to identify and execute trades. The presenter shows a live example where a clean break below the Chiku Span signals a short entry, leading to a profitable trade as price moves into the open space below.
Chapters
[00:01]
Chiku Span Break Signals Downtrend
The Chiku Span breaks cleanly below old candles from 26 periods ago, indicating no congestion and open space below, confirming a downtrend.
[00:15]
Entry on Candle Close
The trader places a sell order immediately after the candle closes, using the Chiku Span's clear path as the trigger.
[00:30]
Market Follows Through
Price drops sharply in subsequent candles, validating the Chiku Span's prediction of a clear runway below.
[00:58]
Trade Exit and Confirmation
The trade closes with a green confirmation, and price fell exactly into the free space identified by the Chiku Span.
The video emphasizes that focusing on the Chiku Span alone can provide clear, actionable signals for trading, eliminating the need for other Ichimoku lines. This simplified approach can be effective when the Chiku Span breaks into open space.
Tutorial Checklist
1
00:01
Identify a Chiku Span break below old candles from 26 periods ago, ensuring no congestion below.
2
00:15
Place a sell order immediately after the candle closes, using the Chiku Span's clear path as confirmation.
4
00:58
Exit the trade when a green confirmation appears, typically after price reaches the free space.
Study Flashcards (4)
What does a clean Chiku Span break below old candles indicate?
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What does a clean Chiku Span break below old candles indicate?
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It indicates a downtrend with no congestion and open space below, confirming a clear path for price to fall.
00:01
When does the trader place a sell order in this strategy?
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When does the trader place a sell order in this strategy?
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Immediately after the candle closes, using the Chiku Span's clear path as the trigger.
00:15
What happens after entry in the example?
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What happens after entry in the example?
easy
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Price drops sharply in subsequent candles, validating the Chiku Span's prediction.
00:30
How does the trade close?
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How does the trade close?
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The trade closes with a green confirmation, and price fell exactly into the free space identified by the Chiku Span.
00:58
💡 Key Takeaways
🔧
Chiku Span as Key Signal
Shows a concrete, repeatable setup based on a single Ichimoku line, simplifying the strategy.
00:01
🔧
Entry Timing
Emphasizes the importance of acting on candle close, a practical execution tip.
00:15
📊
Market Confirmation
Demonstrates that the strategy's prediction aligns with actual price movement, building credibility.
00:30Full Transcript
[00:01] side of this chart. The price has been falling for several candles in a row, lower and lower and lower. And when I look at the Chiku span, it has broken cleanly below the old candles from 26 periods ago into the free space
[00:15] underneath them. No old candles blocking the path. No congestion. Just open space below, exactly like we talked about. Downtrend confirmed. Chiku fully clear below the old candles. This is the setup. So, the moment that candle
[00:30] setup. So, the moment that candle closes, I place the sell right there, on and that is exactly what you see on screen right now. And now look at what the market does next. It does not hesitate. It does not stall. The very
[00:44] next candle after entry drops hard. A strong red candle, then another, then another. The Chiku had already told us the path below was clear, and price is now using that entire open runway, exactly as the strategy said it would.
[00:58] And there it is. Trade closed. Green confirmation on screen. The price fell exactly into that free space the Chiku had already identified. The same open runway you saw before entry. And that is exactly what we are going to do right
[01:11] exactly what we are going to do right now.
