A Profitable Ichimoku Forex Trading Strategy | Forex
Information | Currency | Markets | Fx | Video | Assets | Lesson | Trading
The Ichimoku lines are a great way to find and trade trends in the financial markets. In this video I look at 3 simple ways to trade using the Ichimoku. I show the entry and exit rules and look at how profitable the trading strategy is based on historic price data. Read more in the accompanying article: http://wp.me/p32qmZ-Tn How to calculate popular indicators using Excel is the subject of my latest eBook, now available in the Amazon Kindle Store: http://amzn.to/13g47xi My ebook course on building backtest models in Excel is also available in the Amazon Kindle Store: http://amzn.to/15NDaw4 Follow me on Twitter: https://twitter.com/Tradinformed Facebook: http://on.fb.me/1715mCE Or Google+ https://plus.google.com/+MarkUrsell/ www.tradinformed.com
Comments
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Hi, this isn't a criticising comment by any means. I was just wondering about the positions of your entries. The signals seem a bit weak. Do you think that this strategy may have a higher consistency if you took long positions when your signals happened above the cloud? The Kumo is a strong support/resistance area, so when a price is under the kumo, it could quite easily rebound of it back down again. I was just wondering if you'd taken this into consideration or if there was more to the reasoning behind the entry positions??
Myles