This document provides advice for trading a small account. It discusses using Ichimoku cloud thickness as an indicator for trading opportunities, with thinner clouds offering more entry points and traps for breakout traders, while thicker clouds have fewer entries and traps but allow for wider stop placements. A medium-sized cloud can balance providing enough signals without too many traps as it indicates a strong trend.
This document provides advice for trading a small account. It discusses using Ichimoku cloud thickness as an indicator for trading opportunities, with thinner clouds offering more entry points and traps for breakout traders, while thicker clouds have fewer entries and traps but allow for wider stop placements. A medium-sized cloud can balance providing enough signals without too many traps as it indicates a strong trend.
This document provides advice for trading a small account. It discusses using Ichimoku cloud thickness as an indicator for trading opportunities, with thinner clouds offering more entry points and traps for breakout traders, while thicker clouds have fewer entries and traps but allow for wider stop placements. A medium-sized cloud can balance providing enough signals without too many traps as it indicates a strong trend.
Kumo is the cloud, and it communicates how hard or easy it is to
break the trend. Since everyone trades differently, there will be different approaches to trading in the cloud. Some people are breakout traders. In that case, a thinner cloud is preferable, because there are more entries and traps. Thicker clouds have less entries, less traps and wider stops. A medium size cloud has not too many traps and communicated that a trend is strong.