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Trading Strategy for solid profits with the japanese Ichimoku indicator.
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Ichimoku Kinko Hyo Trading Strategy
Bull: ----------------------------- • Price above the Kuma Cloud. • Tenkan Sen greater Ulan the Kijun Sen. • Chikou Span is greater than the price from 26 periods ago. • Future Senkou A is greater than the Future Senkou B. • Price is not far from K?iun Sen and Tenkan Sen. • Tenkan Sen, Kijun Sen, and Chikou Span should not be in a thick Kumo Cloud.
Bear: --------------------------------- • Price below the Kuma Cloud. • Tenkan Sen less than the Kijun Sen. • Chikou Span is less than the price from 26 periods ago. • Future Senkou A is less than the Future Senkou B. • Price is not far from Kijun Sen and Tenkan Sen. • Tenkan Sen, Kijun Sen, and Chikou Span should not be in a thick Kumo Cloud.
