USDX D1 dailly strong bullish after the news ......
DislikedUSDX D1 dailly strong bullish after the news ......
DislikedHi all ,
I propose the indicator Soho_Chinkou_histo.
At the beginning of the use of Ichimoku it is not easy to understand how the
With the Chinkou_Histo indicator ,that is easier:
-When the histo is red : Chinkou is bearish - Chinkou is below price.
-When the histo is yellow : Chinkou is bullish - Chinkou is above price.
Just researching around ichimoku for few days I found that it is one of most complicated indicator and I like japenese method of analysis and their tribute to the Technical analysis field I have been using candlestick patterns to trade and interested to add ichimoku over my tools to get better probability trades Only thing that bothers me is that the time period which will suit best for the ichimoku. I know that default is fine but in a market like spotfx what periods suits best for this indicator and why does that period suits best...Ignored
DislikedDue to the nature of Ichimoku any timeframe will work and on any instrument. Longer time frames is always better due to less whipsaw's etc.
Another bonus on longer time frames is you do not have to sit 24/7 infront of the PC.Ignored
DislikedKinonen, I've actually translated it myself by using Google Translator however what I've been doing is just translating the stuff on the fly while I'm reading it. However, if you notice there isnt much stuff really which needs to be translated as such, most of the secrets are actually hidden in the understanding of Charts itself ... This material is so far the only thing available about this particular topic which is the Ichimoku Time Reversals, not covered in any other book I've seen so far. Its extremely useful and thought provoking system and...Ignored