Ichimoku Thunder and Lightning Clouds: Trading with clouds beyond the tradition (Ichimoku Cloud Book 4) by Akira Takahashi

Author:Akira Takahashi [Takahashi, Akira]
Language: eng
Format: azw3
Publisher: UNKNOWN
Published: 2016-08-20T16:00:00+00:00

Now that you see it how do you trade this? I like to use charts to illustrate strategies because they offer more than words can sometimes. But I do want to outline one of the strategies within this method. The Kumo breakout.

1) Price and Lightning kumo must break out of thunder kumo.

2) Once the Heiken Ashi candlestick closes enter the trade.

3) Place stop loss above/below the last price swing or on the opposite side of the thunder kumo or for a tighter stop, opposite side of lightning kumo.

4) Exit trade either when lightning kumo twists or when heiken ashi candlestick changes color.

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