Hubert Senters here.
Let’s take a look at some of the questions that you may have about Ichimoku. Does it work on stock options, futures, forex? Yes, it works most on those stuff. Now, it works on some things better than others obviously and will cover that in the workshop on the webinar Monday at noon EST.
But more common question is does it work in both up trends and down trends? Yes, it works really good. So I’m going to mark you up some chart here. This is a long signal here on the Nasdaq.
You can see it’s going higher. And then I’ll flip it over here Crude Oil on the downside. And as you can see right here, here’s a good little signal on Crude Oil right there, that’s a short. And then if you have some other things that you want to take a look on the short side.
Let me change the chart here. Here’s Wells Fargo. You can see that’s a nice little short below the cloud. Now, obviously, clearly different techniques have pluses and minuses what this is not great for.
And if you’re under the dilusion that you can think anything and the market will do this, I’ve never seen cloud making buy that dead low here and get out at the dead high or short here and then cover here.
I’ve never seen anything that works like that in my 20 plus years trading in the markets. If it did I would buy it. Just like you all look. What is good at is getting in the middle if you use some good risk reward ratio.
In this example, you can got long here and you could got short there. And you could take profits along the way. And I’ll be going through more of this detailed setups on the webinar Monday at noon.
I’m going to HYPERLINK you to that registration page.
Good luck. Hope it helps. See you on the webinar Monday at noon.
Hubert.
