Cash Back Forex Rebates
Ichimoku Kinko Hyo is an all-in-one trading system. It compares the past and the present price movements to produce trading signals. It also observes where the prices are moving often and uses this information to produce a market profile. Trades can identify higher probability trades and act accordingly.
This powerful indicator is developed by Goichi Hosoda, a Japanese newspaper writer. He published his work in. Since then, many traders are using this ultimate tool.
How To Read Ichi360v8:
-PA: Price Action
-P/KS: Price/Kijun Sen
-TS/KS: Tenkan Sen/Kijun Sen
-CS: Chikou Span
-Current open position statistics
-“Next Levels of Possible Support / Resistance”, these are the levels where price can make a reversal/pause, hence these are good levels for setting stop-loss and take-profit.
How To Trade With Ichi360v8:
-Trend (Bias) calculation is based on Price Action against the Kumo Cloud.
-The entry is triggered on the basis of Tenkan-Sen / Kijun-Sen cross.
Buy Signal: Wait for indicator to open a long position.
Sell Signal: Wait for indicator to open a short position.