Singapore Stocks Investing and Forex Trading
How to Trade the Ichimoku Kumo Break Strategy?
Ichimoku Kinko Hyo is a Japanese trading system developed in the 1930s, which became so popular it is now a default indicator on the MT4 platform.
One popular strategy is the “Kumo Break”, which is an accurate price action break out of the Kumo Cloud. We see how simple and effective it is:
AUDUSD Daily Chart for Past Year
The orange and blue “clouds” serve as dynamic support and resistance levels. A price break above the cloud is bullish, and a price break below the cloud is bearish. We have prepared a 1 hour Ichimoku video seminar which you will find helpful.
To make it easier for you, we developed an MT4 application which sends you email alerts on Ichimoku trading signals, including the Kumo Break. Check it out!
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Ride The Bull Short The Bear
CS Tan
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
