Advanced Ichimoku Trading Strategies

This is more advanced trading strategies using the Ichimoku trending indicator. It was developed by Goichi Hosoda in Japan. The Ichimoku Cloud is a technical indicators that show support and resistance levels. It also is used to determine momentum as well as trend direction. This is accomplished by using several averages on a chart. It also creates a “cloud” that attempts to forecast where the price will find support or resistance. This video also uses Candlesticks and then Heiken Ashi charts and looks how to incorporate Fibonacci levels.  You can also use the Ichimoku for looking for divergence.

Part 1

Part 2




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