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KISS FOREX : How to Trade ICHIMOKU System's Profitable Signals | Keep It Simple Stupid Lessons (FXHOLIC Book 2), by Sofia Stavropoulou
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ICHIMOKU KINKO HYO = Market's Equilibrium at a glance
It is a fact that human brain responds better to organized and recognizable shapes than to chaotic images. Price Action Charts look chaotic unless we are trained to spot the “waves” or we use a System that enables us to decode “chaos”.
During my early years of Trading FOREX, I had no idea that an alternative way of looking at my charts might have the power of giving me a better understanding of Market’s Condition at any time.
ICHIMOKU KINKO HYO is such a System. The more I use it and integrate it to my trading routine, the more confident I feel.
They say that setting your Exit Point –or Take Profit Target – is even more important than knowing when and how to Enter the Market. That’s true. ICHIMOKU helps you notice Market’s “intentions” and adjust your trade accordingly. As its name implies, ICHIMOKU helps you understand where Market is heading showing its “Equilibrium Status at a glance”.
It applies on all time-frames and it’s been especially designed for Trending Markets where it’s extremely powerful when used on big time-frames (H4, Daily, Weekly).
The value of Simplicity in FOREX Trading
Thanks to INTERNET, the Capital Markets with a daily turnover that touches 6 trillion USD, are accessible to any investor. The potential is huge but only to those who will educate themselves.
-Is FOREX Trading easy?
-No!
-Is it simple?
-Yes, if you know what you’re doing.
-Why do I love ICHIMOKU more than any other Trading System or tool I know?
-Because of its simplicity.
-Why is simplicity so important?
-Because it leverages your results without exhausting your physical energy reserves. Feeling comfortable when trading is essential.
Success is a very boring process...
Success is the very boring process of doing repeatedly what is working. To my opinion, once you familiarize yourself with ICHIMOKU System, you’ll hardly ever need any other Trading Tool in order to be consistently profitable with FOREX.
I’m not a Technical Analyst or an Expert of any kind. I’m just a FOREX Trader in a constant learning process and I’ll gladly share with you what I have found profitable again and again. This book is part of my effort to scratch the surface of ICHIMOKU Trading “iceberg” sharing with you my way of interpreting its countless signals. Once you familiarize yourself with it, possibilities are literally limitless.
Following my favorite Paretto’s Principle, I’m sharing with you this 20% of my ICHIMOKU SYSTEM Knowledge, which keeps giving me 80% of profitable results.
FXholic's Forex Signals Mob App on your iPhone !
ICHIMOKU KINKO HYO is a System I'm very fond of using on FXholic’s Forex Signals Mobile App which you can download for FREE on your iPhone …today!
Each Signal is a small LESSON. I’m helping you get the bigger picture of the Market, explaining why you should enter and to which direction, which Ichimoku Elements help you confirm your entry, how you should determine your exit while managing your risk effectively.
This Book is part of the FXholic Series.
Kind Regards
Sofia Stavropoulou
- Sales Rank: #196708 in eBooks
- Published on: 2013-12-19
- Released on: 2013-12-19
- Format: Kindle eBook
Most helpful customer reviews
10 of 11 people found the following review helpful.
KISS FOREX : How to Trade ICHIMOKU System's Profitable Signals | Keep It...
By Cornelius
By reading this book I finally understood the ICHIMOKU system and how to trade it.
Sofia is one of those persons that wants to help other traders to become successful in trading and by reading this book it is obvious that she knows what she is talking about.
Together with her other books that she wrote every trader must have this in his library.
9 of 10 people found the following review helpful.
A good introduction to ICHIMOKU.
By J.T
I always wanted to learn about this indicator ever since I start trading. But found it too overwhelming to digest. Sofia did a good job in explaining it in a very simple terms which is easily understandable.
I feel that this ebook should be targeted at experience traders who have a good understanding of various indicator especially the basic one like the moving averages. My suggestion is to read this ebook, then hop on to whichever platform you have and load up this indicator to study it. Then go back to the ebook and re-read the ebook again. This method will help you to understand the key concept Sofia is trying to put across.
This ebook will not make you a profitable trader overnight but provides a very good concept of using this indicator which might or might not suit your trading style. Eventually the job of the traders is to wait patiently for the trade setup and enter without any hesitation in regardless of what trading methods or indicators he or she used.
One can apply this indicator to stock as well. Overall I recommended this book to those who are interested to learn this indicator.
4 of 4 people found the following review helpful.
Awesome Wealth of Knowledge
By Earl Yoo
I have read great things about the Ichimoku indicator and never came across a comprehensive and impressive display of expertise like this book. Sure, some parts of it are dry but they all add up to guide the interested trader on how to master this stand-alone indicator. The author is also providing free supplementary advice on her app, YouTube, and Instagram. This alone makes it well-worthwhile to give the time to practice on a demo account for gaining the confidence we need to succeed.
Surely, this makes a great addition to anyone's Forex library because the author displays so much talent for details that could get easily overlooked. The section where she explains some examples give off some trading habits of a winning trader we should all mimic. The author's advice will give some great guidance to add to our own trading arsenal. Last words of advice are practice, practice and practice!
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