Forex Trading Strategy that actually works – Forex Tenkan-Sen Kijun-Sen Ichimoku Kinko Hyo Trading system. Trading with Ichimoku is perhaps one of the best ways to maximize on profitable moves in the Forex.
- Best Time Frame: 30 min or higher
- Recommended Currency pairs: EURUSD, GBPUSD, GBPJPY, and USDJPY
MetaTrader Trading Indicators
- Ichimoku Kinko Hyo
- William’s Percent Range(14)
- Signal Trend
BUY Rules
- Price closed above the Tenkan-Sen and Kinjun-Sen
- The Tenkan-Sen line above the Kinjun-Sen line
- William’s Percent Range line upward above -50 level
SELL Rules
- Price closed above the Tenkan-Sen and Kinjun-Sen
- The Tenkan-Sen line above the Kinjun-Sen line
- William’s Percent Range line upward above -50 level
Trading NOTES
- Set the initial Stop Loss a few pips above or below the previous candle
- Best Risk Reward Ratio 1:2 or 1:3
- Use a demo account or a small live account first to practice this trading system
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