Using the Ichimoku Cloud to discover Reversals

Posted on Jan 29, 2010 in Forex Strategies | 0 comments

  One of the amazing things about the Ichimoku Cloud is the actual Cloud or ‘Kumo’ which is something unique wherein nothing like it was created before and nothing sense has come after. The Ichimoku Cloud or Kumo is designed to represent support or resistance but in a different form the western world has seen – to view support and resistance as evolving or dynamic and not static like...

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Using the Ichimoku Cloud for Reversals

Posted on Jan 27, 2010 in Forex Strategies | 0 comments

http://2ndskiesforex.com/wp-content/uploads/2010/01/tenkan-line.jpg

Using the Ichimoku Cloud to discover Reversals One of the amazing things about the Ichimoku Cloud is the actual Cloud or ‘Kumo’ which is something unique wherein nothing like it was created before and nothing sense has come after. The Ichimoku Cloud or Kumo is designed to represent support or resistance but in a different form the western world has seen – to view support and resistance...

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Ichimoku Research Jan. 25th

Posted on Jan 25, 2010 in Weekly Signals | 0 comments

EURUSD – Clear Resistance / Weak Support Posting its most aggressive 1 week decline in over a month, the pair has found mild support in the end of the week to bounce a tad.  The bounce is not strong and is consistent with a combination of profit taking and corrective behavior.  The pressure is still on and we expect any gains to be tempered by the 20ema which is now pointing decently...

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Trading Kumo Breaks

Posted on Jan 19, 2010 in Forex Strategies | 1 comment

Traditionally, the Ichimoku Cloud is known for its ability to pick up trends and keep traders in them until they are over. It should be noted that any system or method which is good at finding trends is also good at finding reversals because if you are finding the times/locations when trends are ending, then you are finding consequently a reversal. There are several components inside the...

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Trading the Tenkan/Kijun Cross

Posted on Jan 19, 2010 in Forex Strategies | 2 comments

This is by far the most popular of the trading methods in the Ichimoku Cloud’s arsenal. It is simple, elegant and great at picking up trends and trend reversals. If you like trading trends or momentum trading, the Tenkan/Kijun cross is a great method to use. What are they? The Tenkan Line or Tenkan Sen (Sen means line in Japanese) is known as the conversion line or turning line is similar...

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