Anyone interested in trading or investing Forex online needs to select a Forex Broker in order to facilitate their online trading, as there is no central market for this activity.During the past few years, there has been major growth in the number of online Forex Brokers, each with their own unique parameters. The Ichimoku Cloud, also known as Ichimoku Kinko Hyo, is a versatile indicator that defines support and resistance, identifies trend direction, gauges momentum and provides trading signals.
With jsing look, chartists can identify the trend and look for potential signals within that trend. The indicator was developed by Goichi Hosoda, a journalist, and published in his 199 book. Even though the Ichimoku Cloud may seem complicated when viewed on the price chart, it is really a straight forward indicator that is very usable. It was, after all.
High frequency trading forex using ichimoku