Recent content by streetpips

I was listening to a podcast featuring John Bollinger and he mentioned that “volatility is the most important, least analysed and worst understood”. The importance of volatility in trading is indeed under emphasized as the limelight typically shines on entry and exit rules. I first came across...

Trading Ranges with Candlestick Patterns In the following daily USDJPY chart, we see the Ichimoku indicator accompanied by Candlestick Patterns. Prices have been consolidating sideways, as we see thin and twisting Kumo clouds. Such ranging markets are uncertain for Ichimoku traders, but with...

The Kumo cloud is a flagship component of the Ichimoku Kinko Hyo trading indicator. In this EURUSD Daily chart below, it is painted across the screen as orange and blue “clouds”. We will discuss how this one simple indicator can offer deep insight and generate trading signals for many...