Putting the Ichimoku Cloud Trader to work

This is so easy to use, traders with next to no trading experience can take advantage of this trading tool.

I just want to give you an idea how to put Ichimoku Cloud Trader into play and it's a pretty easy one if you know how to read the market.

Now just going back just a couple of days we had Dollar Yen break down through the cloud at 110 40 now that was probably instigated by some comments by Trump on increasing tariffs in China and led to a pretty much 100 point, ninety eight point move now what we're see is just on the technical basis we've got two breaks here, we've got the trendline break and also the break of the cloud. Now to me that's a bit of a signal that Dollar Yen may be ready to have a pop to the top side, now when I see that situation I automatically come back across and check out all the Yen crosses because Dollar Yen is the main driver of activity in the Asian session, and if it's driving higher it will take the Yen crosses with it and it's a pretty easy setup to go through if you continue to go through your analysis now, having a look quickly starting with the Aussie, Aussie Yen okay it's starting to break, it's already broken into the cloud now trading sideways, if I'm looking for a trade here which I am I'll be looking for a break at the top of the trendline that is definitely a goer.

When I look at the Kiwi Yen okay, the Kiwi has been tracking a little bit sideways I've actually got a trendline at the top here it's got a bit more work to do you can see the trendline is a little bit higher and with that you probably think well it's got a bit of work to do it may be actually well the top here looks pretty good, breaking through the trendline and the top of the cloud, I like to set up their.

Euro Yen well it's already gone, and if anything there's a bit of a support trendline forming on the downside okay, so maybe back buying Euro back towards like a rangetrade looking to get into the trade here, on the top side back towards the cloud and looking for the move higher, I am mainly looking for the breaks because that's where the momentum will go, so you come through to Sterling Yen, okay so there's another really nice set up, you've got the trendline there in the cloud you've got also the, hasn't broken through the cloud yet as well, that's when the Japanese traders will jump in to actually when this top of the trendline, top of the cloud breaks, so that's going to be a definite starter.

If I just keep pushing through there's a couple more to have a look at, the CAD Yen okay the trendline is much higher, it does look like it's ready to pop inside the cloud, so really on that currency pair the main trade may be the break of the lower part of the cloud, although the second part of the cloud will confirm that break, but the bottom downside is close and it does look quite appealing, and then we've got Swiss Yen and Swiss Yen as you can see like Euro Yen has already moved so we've got Dollar Yen which is the driving force here it's already moved higher, we've got Aussie Yen, definitely Aussie Yen and definitely Sterling Yen, two major pairs to look at Euro Yen, okay I'll just leave that out for the moment, CAD Yen yeah definitely probably a break at the top just to be sure, so the easiest way to instigate this is, all I have to do is come back through.

I've already saved a template, where I've got a break at the top and no strategy on the downside and all my position size everything sort of set, as I said I've saved that template already, now once that strategy comes up on the screen, what I'll do is, I'll add the Ichimoku offset and that'll tell me exactly where I'm going to get into the trade, so if I just my pen come across, so I've got a break trade to the top side through 81 53 it's 12 points through the level of the no strategy no downside so you can see that dotted line there that's where I'm going to be getting in and I'm looking for a clean break now what that does is it allows me to go about my day without sitting in front of the screens all day hoping the cloud breaks higher. Dollar Yen either keeps going to the top side, or it doesn't, and if it doesn't well I've lost nothing okay, now the other major pair Sterling Yen it's the exact same process, I've already loaded that template up this is how quick and easy it is, I just hit okay this will set me up with a breaktrade at the top side once the order is set up I'll just overlay the Ichimoku offset which basically just gives me a visual look at where the the order is okay, so I can see exactly where my orders going to be placed and once again we're in play.

Learn more about the Ichimoku Cloud Trader
https://traders4traders.com/forex-help-desk/how-to-use-t4ts-ichimoku-cloud-trader/

If you have any questions, give us a call or send us an email and [email protected] and we hope you enjoy using the Ichimoku Cloud.