Kumo Breakout trading or 'Kumo Trading' is a trading strategy that can be used on multiple time frames.
Kumo breakout trading is the purest form of trend trading offered by the Ichimoku charting system, as it looks solely to the kumo and price's relationship to it for its signals.
It is 'big picture' trading that focuses only on whether price is trading above or below the prevailing kumo.
In a nutshell, the signal to go long in Kumo breakout trading is when price closes above the prevailing kumo.
Contributor: iSaham.
Disclaimer: Use of the information herein is at one's own risk. The information provided here is not, and must not be construed to be, or form part of, any recommendation, offer or invitation to buy or sell any securities. Some of the information here is exclusively for iSaham clients only.
| # | Symbol | Last Price | Tenkan-sen | Kijun-sen | Senkou Span A | Senkou Span B | Recent Cross | iSaham Score |
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