Hi,
This system is a 2 Ichimoku system. Not a single Ichimoku system
Let see if this system I like can be useful for other traders here.
This system is visual and easy to use for "beginners"
This system works on M15/M30, M30,H1 and H1,H4 setups.
I use it most on H1/H4
Template can be found here : http://www.forexfactory.com/showpost...41&postcount=4
I trade this system with success on all majors.
I do not trade on "bad spread" pairs.
When you take the trade you ALWAYS need to calculate Risk/ratio.
Some of the trades will have bad R:R and should not be trade.
So lets start !
Setup
Install 2 MTF with 2 timeframe that I indicated ( Example with h1/h4)
I trade when price enter the "space" between both clouds.
In example orange is long and green short.
S/L is outside the cloud on opposite direction and TP when price comes to next cloud.
Example long is:
Initial trade.
Enter long on 1.36669
S/L : 1.36079.
T/P : 1.37453.
During the trade will I adjust S/L and T/P.
Ok lets start with this information and see if you have some questions.
This system is a 2 Ichimoku system. Not a single Ichimoku system
Let see if this system I like can be useful for other traders here.
This system is visual and easy to use for "beginners"
This system works on M15/M30, M30,H1 and H1,H4 setups.
I use it most on H1/H4
Template can be found here : http://www.forexfactory.com/showpost...41&postcount=4
I trade this system with success on all majors.
I do not trade on "bad spread" pairs.
When you take the trade you ALWAYS need to calculate Risk/ratio.
Some of the trades will have bad R:R and should not be trade.
So lets start !
Setup
Install 2 MTF with 2 timeframe that I indicated ( Example with h1/h4)
I trade when price enter the "space" between both clouds.
In example orange is long and green short.
S/L is outside the cloud on opposite direction and TP when price comes to next cloud.
Example long is:
Initial trade.
Enter long on 1.36669
S/L : 1.36079.
T/P : 1.37453.
During the trade will I adjust S/L and T/P.
Ok lets start with this information and see if you have some questions.