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Topic: [2016-10-05] BTCManager's Trading Strategies Part 2: Ichimoku Kinko Hyo (Read 303 times)

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If you want to invest in or trade cryptocurrency, a powerful predictive tool that is often overlooked is the Ichimoku Kinko Hyo. The Ichimoku Kinko Hyo method originates from Japan and has been under-utilised by professionals in the West due to the lack of translation and guidance on how to actually use it, with most dismissing it as an exotic indicator.

It is only in the past decade or so that Westerners have started to understand the power of Ichimoku Kinko Hyo.

This indicator works very well for BTC-USD and other cryptocurrencies, as well as working successfully for Asian traders trading in stocks, commodities, and futures. Ichimoku Kinko Hyo translates into English as 'equilibrium chart at a glance.'

Read more here:

https://btcmanager.com/trading-strategies/a-guide-to-trading-cryptocurrencies-part-2-ichimoku-kinko-hyo/






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