How to trade future market based on Ichimoku Indicator
Hi everyone
today I'm going to show you some important points if you are a fan of using Ichimoku in your trading strategy.
most of basic traders use this indicator but they really don't know how to use it with the most effective outcome.
this is really important you follow the exact rules as I mention down below and also remember these are just the
basic rules for basic trading. pro traders use some more confluences and confirmations for their trading.
......................................
THE RULES OF LONG POSITION
......................................
1_ we need to see our impulsive move can close above the Ichi cloud.
any impulsive move close below the cloud is not validate.
2_ after impulsive move we need to wait for a correction and this is important the correction won't move below the cloud
( if the correction move close into the cloud it is still validate)
3_ for entering our long position we need to wait the conversion line (the blue line) close above the base line (the yellow line)
4- for closing our long position we will wait until the conversion line close below the base line. some times it will touch the base line
but won't close below it so it is really important that close below the base line.
.......................................
THE RULES OF SHORT POSITION
.......................................
1_ we need to see our impulsive move can close below the Ichi cloud.
any impulsive move close above the cloud is not validate.
2_ after impulsive move we need to wait for a correction and this is important the correction won't move above the cloud again.
( if the correction move close into the cloud it is still validate)
3_ for entering our short position we need to wait the conversion line (the blue line) close below the base line (the yellow line)
4- for closing our short position we will wait until the conversion line close above the base line. some times it will touch the base line
but won't close above it, so it is really important that our conversion line can manage to close above the base line.
Sample chart for short position:
.....................................
however as I said this strategy works as a basic trading and we all know the real trading is more complicated
but you can improve your trading with these simple rules to be a better trader.
one more important point is never use time frames higher than 4H on future market and always use proper stop loss.
Enjoy the market
today I'm going to show you some important points if you are a fan of using Ichimoku in your trading strategy.
most of basic traders use this indicator but they really don't know how to use it with the most effective outcome.
this is really important you follow the exact rules as I mention down below and also remember these are just the
basic rules for basic trading. pro traders use some more confluences and confirmations for their trading.
......................................
THE RULES OF LONG POSITION
......................................
1_ we need to see our impulsive move can close above the Ichi cloud.
any impulsive move close below the cloud is not validate.
2_ after impulsive move we need to wait for a correction and this is important the correction won't move below the cloud
( if the correction move close into the cloud it is still validate)
3_ for entering our long position we need to wait the conversion line (the blue line) close above the base line (the yellow line)
4- for closing our long position we will wait until the conversion line close below the base line. some times it will touch the base line
but won't close below it so it is really important that close below the base line.
.......................................
THE RULES OF SHORT POSITION
.......................................
1_ we need to see our impulsive move can close below the Ichi cloud.
any impulsive move close above the cloud is not validate.
2_ after impulsive move we need to wait for a correction and this is important the correction won't move above the cloud again.
( if the correction move close into the cloud it is still validate)
3_ for entering our short position we need to wait the conversion line (the blue line) close below the base line (the yellow line)
4- for closing our short position we will wait until the conversion line close above the base line. some times it will touch the base line
but won't close above it, so it is really important that our conversion line can manage to close above the base line.
Sample chart for short position:
however as I said this strategy works as a basic trading and we all know the real trading is more complicated
but you can improve your trading with these simple rules to be a better trader.
one more important point is never use time frames higher than 4H on future market and always use proper stop loss.
Enjoy the market
the blue line is conversion line
the yellow line is base line