Dungeon Kingdom

Official Forum
It is currently Fri 24 May 2019 23:02

All times are UTC [ DST ]




Post new topic Reply to topic  [ 1 post ] 
Author Message
PostPosted: Wed 20 Feb 2019 15:00 
Offline

Joined: Sat 16 Feb 2019 01:48
Posts: 24
How to get forex signals from Ichimoku Cloud

The Ichimoku Cloud is a comprehensive indicator designed to produce clear trading signals. Chartists can first determine the trend by using the Cloud. Once the trend is established, appropriate forex trading signals can be determined using the price plot, Conversion Line, and Base Line. The classic signal is to look for the Conversion Line to cross the Base Line. While this forex signal can be effective, it can also be rare in a strong trend. More forex trading signals can be found by looking for price to cross the Base Line (or even the Conversion Line).
It is important to look for signals in the direction of the bigger trend. With the Cloud offering support in an uptrend, traders should also be on alert for bullish forex trading signals when prices approach the Cloud on a pullback or consolidation. Conversely, in a bigger downtrend, traders should be on alert for bearish signals when prices approach the Cloud on an oversold bounce or consolidation.
The Ichimoku Cloud can also be used in conjunction with other indicators. Traders can identify the trend using the Cloud and then use classic momentum oscillators to identify overbought or oversold conditions. Click here for a live example using the Ichimoku Cloud.

_________________
free forex signals is Opportunity Trading alerts to trade on a currency pair or gold at Exact entry, exit and stop loss levels
forex signals send via email,SMS and website on https://www.freeforex-signals.com/


Top
 Profile  
Reply with quote  
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 1 post ] 

All times are UTC [ DST ]


Who is online

Users browsing this forum: No registered users and 2 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Jump to:  
cron
Powered by phpBB® Forum Software © phpBB Group