Ichimoku Setups (for beginners)

Here are the entry conditions in detail:

Before getting in a trade, find your trend confirmation signals.
They let you know which direction the market is moving in.

Trend confirmation signals (for a buy):
- 2 candle lows above the cloud (shows that the trend has changed)
- Lagging line above the cloud
- Price/Lagging line has to be above the trendline

Trend confirmation signals (for a sell):
- 2 candle highs below the cloud (shows that the trend has changed)
- Lagging line below the cloud
- Price/Lagging line has to be below the trendline

Now, for getting in a trade, use any one of these entry triggers:
- Turning line above Standard line for a buy (blue line above red line)
- Standard line above Turning line for a sell (red line above blue line)
- Price goes to the Standard line (blue line)
- Price goes to Span A (the top of a green cloud or bottom of a red cloud)

For an extra confirmation, wait for candlestick patterns (like an engulfing candle) which happen when price goes to Span A or the Standard line.

Komentar:

Here's an example of a sell setup:

Komentar:

You can choose any of the 3 exits:
- A cross of the blue and red line
- A cross of price and Span B
- A trailing stop at Span B with the Takeprofit at 1:1.5 RR (the Takeprofit remains the same. It doesn't change unlike the Stoploss)