Thetradingmyopic

KIJU SEN is superior than regular Moving Average

FX:EURUSD   Euro / U.S. Dollar
This is EUR/USD , a 1-month timeframe chart in which I have used the Ichimoku indicator.
It is always said to respect the cloud. You can see TENKAN SEN and KIJU SEN are going ahead on a single path.
It has a slight upward movement. Both the lines are below the cloud, suggesting SELL signal only if the TENKAN SEN had CROSSED KIJU SEN, but be careful when you trade on a single path of TENKAN and KIJU.
It is still a BUY BUY signal.
Here the prices tend to gravitate to the equilibrium.
If Tenken crosses Kiju below the cloud, you can go for SELL SELL SELL!
Note: KIJU does not adjust as much as the regular moving average because it shows “price equilibrium”

Comments

it is Going up side my friend , Future cloud indicates the down side momentum is very negligible the depth of cloud is thin not natural , so price will move up to 1.24695 then you have see weather cloud at that time has turned thin like making it an Equilibrium point , at that point you will know the price in the Kumo cloud is equilibrium by visual print on chart in single thin line , after that formation now you know the future is neutral any move down and reverse is buy set up for Very very Long time frame up side , whoever have thought you this Ichimuko , dose not complete encyclopedia ,
+1 Reply
Thetradingmyopic ShreeKrishna
@ShreeKrishna, I am glad you spent bucks of seconds to comment on my idea.
Reply
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