Check related videos -How To Open A Free $50,000 MetaTrader 4 (MT4) Trading Demo Account https://youtu.be/cW1DxURl4f8 -Forex Risk Management System - How To Stay In The Game https://youtu.be/L-Gz6YTEP5A -Trading Strategy Using MACD, Fibonacci and Moving Averages https://youtu.be/mFhnaXQ8PNA Trading in the direction of price action in relation to the cloud is the fundamental lesson of trading with Ichimoku. However, knowing what side of the trade to be on isn’t the whole story. It helps to know when a good time to enter is and a simple price action tip can help you find good times to enter in the direction of the trend. When Ichimoku was created by Guichi Hosada and introduced in the 1960’s, the indicator was meant to make price action easier to read. The three tenets of Ichimoku is that by applying the indicator to your charts, you can easily recognize the primary trend, find support and resistance, and clearly understand when a market is reversing away from its primary trend. However, once you’ve identified the trend, your job is only half-way done. Once you’ve recognized price in relation to the cloud to identify the trend on your proper chart you need to find when is a good time to enter. Price action can help you see strong entries. Using Fractals to Identify Likely Swings Fractals are a readily available and default tool on most charting platforms that you can apply to any chart and one I often apply to mine. In short, a fractal on the chart is a change in behavior with an arrow to mark where a short term extreme has been made. Fractals can be extremely useful to the trader who knows the overall trend but doesn’t recognize a good time to enter their trade.
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