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The complete Ichimoku trading guide – how to use the Ichimoku indicator
The Ichimoku Cloud indicator is an all-in-one indicator that provides information about support/ resistance, trend direction and momentum all at the same time. The Ichimoku indicator is a potent trading tool, but many traders feel overwhelmed when looking at all the lines and information that the indicator gives them and then often misinterpret the Ichimoku signals. In this article, we will dissect the tool and show you step by step how to use the Ichimoku indicator to make trading decisions. First step: taking the indicator apart The Ichimoku indicator is made up of 2 different components: 1) The Conversion and Base ... (full story)
