Excuse the delay! Ichimoku's signals are simply more reliable on longer timeframes since you get less noise. When price moves fast, looking at say a two month chart can give you very valuable information. Just check out the two month chart for the German index DAX. What can you see?! If you're trading short timeframes like 30 minutes, it is important to be aware what Ichimoku is telling you based on the day and week charts. I hope this answers your question.
We appreciate your comment. Traders use various indicators, and you are correct that support and resistance lines can be identified without Kijun Sen. However, this doesn't diminish the value of Kijun Sen and what Ichimoku Kinko Hyo has to offer.
Very clearly explained in a short time.
Great content 😊
Glad you think so!
I have enjoyed , Thanks
Dear sir, thank you
Very interested
i LIKE IT
Nice sir
Do you always only mark the support & resistance lines on the Daily Chart? What are your thoughts on marking up on the 30 minute chart?
Excuse the delay! Ichimoku's signals are simply more reliable on longer timeframes since you get less noise. When price moves fast, looking at say a two month chart can give you very valuable information. Just check out the two month chart for the German index DAX. What can you see?!
If you're trading short timeframes like 30 minutes, it is important to be aware what Ichimoku is telling you based on the day and week charts. I hope this answers your question.
It will confuse to take trade
this can be done without kijunsen :)
We appreciate your comment. Traders use various indicators, and you are correct that support and resistance lines can be identified without Kijun Sen. However, this doesn't diminish the value of Kijun Sen and what Ichimoku Kinko Hyo has to offer.