4 binomo Ichimoku Trading StrategyA short intro to the Ichimoku Kinko Hyo Japanese analyst Goichi Hosoda created Ichimoku Kinko Hyo (or the Ichimoku Cloud) in 1930. The instrument combines several valuable features: it defines support and resistance, identifies trend direction, and provides trading signals.Yea) Pa But... where is the cloud? Each Ichimoku indicator component represents a certain aspect of the price action and is calculated accordingly. Two of these lines form a shaded area called the Ichimoku Cloud. ed ad ty ee hla) + ( cea ru te I] Lav*perll “1 Cae -_~ y (uv om oes ascing Spent “pe Teer AD Pes t aU a Da) Pull The Cloud 3/9Okay. What should | know? The main rule while using the Ichimoku is always to set it towards the trend. Also, it's better not to use the indicator during the sideways market since it might give false signals. 4/9Can you recommend any strategy? Sure, right here! Ichimoku Trading Strategy Remember, the strategy is recommendatory. Apply it based on your trading style and previous experience Assets: any of the Majors Timeframe: 1 minute. Instruments: Ichimoku Kinko Hyo with default settings. Once again, a trend is necessary while trading with the Ichimoku. Therefore, pay special attention to the cloud and its location relative to the quotes.ree Ce ee DN Pi eeey Trade UP when: The blue line crosses the red line upwards under the cloud; The price candle closes above the cloud. Entry: Open a trade UP for 5-10 minutes, depending on the volatility of the asset. [re 6/94[pinisio Trade DOWN when: The blue line crosses the red line downwards under the cloud; The price candle closes below the cloud or breaks through it. Entry: Open a trade DOWN for 5-10 minutes, depending on the volatility of the asset. ey a i 7/9Any more advice? When the price is inside the cloud, don't make trades, as this indicates a lack of a trend. If the price breaks through the cloud in one intense movement, the signal to trade is stronger and more reliable. When trading, you can use the Ichimoku indicator with RSI, Stochastic, candlestick analysis, or Fibonacci tools to reinsure yourself. 8/94 binomo Ichimoku Trading Strategy Caution! This article is not intended to be investment advice. No strategy can guarantee 100% correct trading results. A successful trading result in the past is not a guarantee that it will be repeated in the future. Any information contained in this article is for informational purposes only.Think trading is a good hobby? You’re right, and it’s also a way to financial freedom. Come to the Binomo platform, make a deposit and reach new heights with us!