1) to get an idea of general trend direction and key levels.
2) Index to get an idea about trend strength.
3) pattern indicator (hammers, etc.) for confirmation. Tbh, you don't really need it.
That's all I use for trading forex, oil , gold and CFDs. Same setup for all of them. Works for stocks too.
The give me my overall trend direction. If DI+ is above DI-, you can't go short...and vice versa. I use custom settings giving me the monthly trend on the ...and the 8hr trend on the M15 charts where I time my entries.
Exits are based on the trend changing on the . I set trades to BE if they survive the day and then simply try to keep 'em going until momentum changes. No fixed TP.
Just shout if you have questions...
I also recommend this if you're even remotely questioning whether longer term trades are worth it or not: http://www.forexfactory.com/showthread.php?t=245149
For those who don't know , read this: http://www.kumotrader.com/ichimoku_wiki/index.php?title=Main_Page
I only use part of the indicators though ;)