Ichimoku_Trader

Oil Pistachio Chart...

FX:USOIL   Crude Oil (WTI)
424 8 17
..
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Ifti367
5 months ago
Hi, a question, if I may?
could one combine price action strategy and ichimoku or its better not to? I understand different traders have different styles but whats your take on it?
Thanks
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Ichimoku_Trader Ifti367
5 months ago
Hi

ichimoku IS price action
that is why it is the perfect trading tool
Reply
Ifti367 Ichimoku_Trader
5 months ago
I guess I deleted my reply :(

I said "Sorry, I meant combining support and resistance, for example, if an instrument breaks out of Kumo (up or down) we trade it but to determine the TP or to understand the change of trend we would have to wait for the instrument to break again (up or down) again. As per my understanding of Ichimoku it does not provide that information. Am i missing something?

Thanks
Reply
Ichimoku_Trader Ifti367
5 months ago
In trends, trend traders don't see resistance when they go up and don't see support when they go down
In ranges, ichimoku provides everything for you including S&R
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Ifti367 Ichimoku_Trader
5 months ago
Thank you. You are the best.
Reply
Ichimoku_Trader Ifti367
5 months ago
thank you
Reply
mumuyang2
5 months ago
Hi there, I think my question is do you think there's a bounce back to 48.X and even higher at current price level (46.X)? I think oil is still in a correction triangle, but not very confident
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Ichimoku_Trader mumuyang2
5 months ago
It depends if we break the lows or not
If not then yes if we do then it's 50% to 50%
Reply
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