Ichimoku_Trader
Long

How to trade using only the Awesome Oscillator (1)...

FX:EURUSD   Euro Fx/U.S. Dollar
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So many of you guys have asked me how they can use the awesome oscillator (AO) to trade the markets because they saw me make comments that it is actually a stand alone trading system. So I am obliging...

This will be useful for those who don't like to have an indicator on their charts and it will help those who use on chart indicators because it will give them another perspective that can sometimes provide confirmation to their existing ideas.

I hope you enjoy these slide...
Comment: By the way ..
I only use the default settings for both ichimoku and AO
in ao what is the strong signal and week singnal line?.. how can we determine trade going to reverse so we will close our position ?
Reply
AO gives many types of signals. I will discuss them in this series.
As for when to close your position, well, when momentum fades, that is always a sign of a pullback or a reversal. I will also discuss this later
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jkanani27 Ichimoku_Trader
feeling lucky to find you as menter.. who solve my littile to big query .. tq so much
Reply
Thank you
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whats the most efficient timeframe? h4?
Reply
Tampax Tampax
I see h1 the most informative one
Reply
All the TF are the same. Unlike what most people think, the larger TF are easier to trade and thus should be used by newbies and the smaller TF need more knowledge, experience and discipline
Reply
MC2016 PRO Ichimoku_Trader
Sorry, just to be clear can please can confirm what you mean by the larger timeframes - I presume 4hour or 1 day or a week; whilst smaller ones are 30m or 60m? Is that the sort of difference. Thanks.
Reply
yes
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