OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

trade the Ichimoka

Posted by ment17 @ 14:40 on September 3, 2014  

Ichimoku indicators are mixed with a bearish bias for spot gold on the weekly basis chart

scott silva Frankenstein Fed, The Modern Prometheus

By: Scott Silva

How to for the confused traders lol

1. Refer To The Kijun / Tenkan Cross – The potential crossover in both lines will act in similar fashion to the more recognized moving average crossover. This technical occurrence is great for isolating moves in the price action.

2. Confirm Down / Uptrend With Chikou – Confirming that the market sentiment is in line with the crossover will increase the probability of the trade as it acts in similar fashion with a momentum oscillator.

3. Price Action Should Break Through The Cloud – The impending down/uptrend should make a clear break through of the cloud of resistance/support. This decision will increase the probability of the trade working in the trader’s favor.

put that in the pipe lol

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.