Singapore Stocks Investing and Forex Trading

How to Trade the Ichimoku Kumo Break Strategy?

streetpips
Publish date: Sat, 12 Apr 2014, 02:40 PM

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

 

Ichi Apr 2014

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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