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U.S. Dollar / Japanese Yen

LOOKING AT USD/JPY AND LEARNING THE ICHIMOKU CLOUD, KDJ AND RSI

By Burcu_Queen
Not the best idea to trade USD/JPY because shaded areas of Ichimoku cloud are low/tight so we don't trade it however there are some clouds that are big and we can trade them because we have 3 yes opinions before making a decision, this means we have 3 indicators that are going well and its something we are looking for. An example is if we are looking for a sell trade than we must all look for 3 indicators which is the Ichimoku Cloud, KDJ and RSI, if all indicators are telling you its a sell than you would sell the trade, if one of the indicators are telling you its a sell but the other two indicators are not than you wouldn't sell the trade.
Ichimoku CloudTechnical IndicatorskdjRelative Strength Index (RSI)Trend AnalysisUSDJPY

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