Ichimoku Cloud: The Eccentric Japanese Trading Indicator That Many Traders Swear By
If you’ve been trading or learning to trade for some time, you’ve likely encountered the “Ichimoku Cloud” trading indicator, also known as Ichimoku Kinko Hyo. Many traders rely on this indicator for Forex and Binary Options trading, and it is readily available on leading binary trading platforms. However, some traders feel visually confused by its complexity. In this article, I aim to simplify the Ichimoku Cloud and demonstrate how it can be used to achieve consistent trading profit. Discover my straightforward approach to the Ichimoku Cloud strategy for 1-minute Binary Options trading, particularly on Pocket Option’s OTC market. I’ll also reveal why the OTC charts on Pocket Option are surprisingly more tradable and effective for technical analysis. So, let’s explore this simplified Ichimoku Cloud strategy and its potential benefits.