The Ichimoku Cloud is by far the most accurate and profitable trading indicator I’ve come across. The Ichimoku Cloud has taken me from a struggling trader that blew up 5 accounts. To a trader thats been consistently profitable over the past 4 years. Ichimoku will help establish which direction the market is moving, an allow you to stay in trades longer to capture more profit.
Ichimoku Cloud Introduction... This Indicator Changed My Life
6 years ago by elijah526 (56)
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Cool, following you. Whats your current favorite coin/token?
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Decred, Cardano and Substratum , what about yourself?
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I trade using ichimoku system and trust me what you are saying is right. The system does actually show where the direction of trend is going, however you need to have a sound strategy in terms of what percentage are you willing to trade and the what your entry and exit points are.
This is one of the best indicators out there however the question falls back to whether you are comfortable with this or not. Some will trade Elliot or some people will still trade Fibonacci if they are comfortable with it, also some people might not be willing to leave their technical indicators due to the fact that they have spent time and experience in perfecting how they trade using the indicators.
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In my opinion, the ichimoku is just one piece of the puzzle when it comes to trading. Theres still many other components to trading such as risk vs reward, position sizing, entries an exits, profit targets, fundamental analysis, trading psychology etc... As you stated, you still need to build a system around the indicator that you're comfortable with.
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Personally I use fractals, as well as stochastic oscillators to go with that and it really furthers the probability in knowing which the direction the trend is going.
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You got a 78.53% upvote from @brandonfrye courtesy of @elijah526!
Want to promote your posts too? Send a minimum of .10 SBD or Steem to @brandonfrye with link in the memo for an upvote on your post. You can also delegate to our service for daily passive earnings which helps to support the @minnowfund initiative. Learn more here
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I was summoned by @elijah526. I have done their bidding and now I will vanish...
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This post has received a 7.94 % upvote from @booster thanks to: @elijah526.
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You got a 2.25% upvote from @postpromoter courtesy of @elijah526!
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You got a 93.28% upvote from @oceanwhale With 35+ Bonus Upvotes courtesy of @elijah526! Delegate us Steem Power & get 100%daily rewards Payout! 20 SP, 50, 75, 100, 150, 200, 300, 500,1000 or Fill in any amount of SP Earn 1.25 SBD Per 1000 SP | Discord server
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Congratulations, your post received 100.00% up vote form @spydo courtesy of @elijah526! I hope, my gratitude will help you getting more visibility.
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really interesting thanks for sharing and making the video.
hay i was just looking at your account and I am running an experiment here on steemit with the aim of improving retention and the steemit experience and after looking at your account I think it is something you might enjoy. come on over and join in on the discussion
https://steemit.com/steemit/@paulag/let-s-grow-steemit-together-direct-engagement-experiment-week-1
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