I am interested in getting into Forex and have been doing a bit of research. Along my travels I came upon the Ichimoku 'indicator'. I've come across it before but always blew it off because the charts just looked like a mess. But this time I decided to check it out.
For anyone who doesn't know what it is, I won't give my own explanation but here are some good descriptions:
I'd like to open up a discussion to see if anyone here uses it and what sort of success they have had with it.
Do you use it "as is" or add other indicators? Which ones and WHY?
What time frames do YOU use?
Do you use it for trend trading or jump in and out with swing trades in the direction of the Ichimoku?
I recently opened a demo account with OandA to give it a go.
I'll post some of the trades and we'll see how they turn out...