ICHIMOKU AND BOLLINGER BANDS STRATEGY:

Best Day Trading Strategies For Beginners!

TuAnh

Learn how to master ICHIMOKU AND BOLLINGER

BANDS STRATEGY.
This book reveals the most effective trading strategy of
Ichimoku and Bollinger Bands. Deep understanding the secrets
of this strategy, beginners can have a powerful tool to upgrade
trading quality. Doing the step-by-step in this book well will
increase your winning probability and help you get profitable
in the market!

What You Will Learn in this Book:

- Ichimoku and Bollinger Bands Strategy:
1. How to use the Ichimoku cloud effectively and simply.
2. Find out the best signals to trade with Bollinger Bands.
3. Use MAs to filter out noise and improve your win rate.
4. Determine the market trend by RSI.
5. Recognize trending and continuation patterns.
6. Combine indicators to find the best trade.

Trade Like a Pro - Stick To A Strategy

This is one of the most effective trading methods that beginners
can immediately apply to find trading opportunities and have
steady profits on the stock market, forex, gold, commodities,
bitcoin, crypto... Don't learn too much, you just need to
understand, and master a method!

By this book, you can:

- Identify the entry at the beginning of the trend.
- Easily find a list of potential trading opportunities.
- Identify trend continuation entry if missed.
- Trade with confidence with clear stop loss and take profit.
- Gain knowledge of money management and trading
precautions.

Save your research time and avoid mistakes!

I believe that a small investment to own this book will help you
master Ichimoku and Bollinger Bands Strategy and save a lot
of time learning by yourself. It is a simple yet powerful trading
concept, that helped many traders develop their skills. Now you
can use ideas in this book to analyze, trade, and make money.

Let's start your journal!

 DISCLAIMER

U.S. Government Required Disclaimer; Currency

and Options trading has large potential rewards, but
also large potential risk. You must be aware of the
risks and be willing to accept them in order to invest
in the forex, stock, future and options markets. Don't
trade with money you can't afford to lose. All
information in this e-book is for educational
purposes only and is not intended to provide
financial advice. Any statements about profits or
income, expressed or implied, does not represent a
guarantee. Your actual trading may result in losses
as no trading system is guaranteed. You accept full
responsibilities for your actions, trades, profit or
loss, and agree to hold the Author and any
authorized distributors of this information harmless
in any and all ways.
 ICHIMOKU AND BOLLINGER BANDS
STRATEGY COMPONENTS

- Ichimoku Cloud 9, 26, 52

- Bollinger Bands 20, 2
- EMA 89 and MA 200
- RSI 14 with middle line 50

Install on Tradingview.com (or Tradingview

app)
- Ichimoku Cloud Strongs (choose the strong
bullish bearish one)
- Ichimoku (by Hpotter)

If you use free version of Tradingview, let’s use

this code to add BB and MAs (this combines
them):
https://docs.google.com/document/d/1avXc3L
mEa26LRbev5m7TY0EUu5SxlO3cXZBgBxu
EaBI/edit?usp=sharing

After installing, we will have a chart like this:

Now, we focus on how to trade!
 THE ROLE OF INDICATORS

- Ichimoku Cloud: It is a rather complicated

indicator for newbies, but in this strategy, we
only use cloud (senkou span A, senkou span B)
to identify trends. Three points you need to
know:
+ When the price is below the cloud, the trend is
down. When the price is above the cloud, the
trend is up.
+ When the cloud is thin, the trend is strong and
begins. Conversely, when cloud is thick, the
trend is usually weak and about to end.
+ When the cloud moves sideways for a while,
the market is consolidating. This is a good signal
when the trend starts.
- Bollinger Bands: Bollinger Band Squeeze is
narrowing Bollinger Bands and low BandWidth
levels. This should be prepared for a directional
move.
Note: Bollinger Band Squeeze usually occurs
with thin Ichimoku cloud, signaling
consolidation of the market, which is a good
sign for the subsequent trend.

- EMA 89 and MA 200: MA lines are used to

identify buy and sell signals and remove noise
signals.
When above the moving averages, the price
usually tends to up. and when the price is below
the moving averages, the price usually tends to
fall. EMA 89 represents the medium-term trend,
and MA 200 represents the long-term trend.
- RSI 14 with center line 50:
When the RSI is above the 50 mark, the price is
trending up, the RSI is below the 50 mark, the
price is trending down. However, when looking
at the RSI, you should take a long-term view.
when the price goes up, the RSI is usually above
the 50-100 zone most of the time and has some
pull back to 40 then goes up again. Conversely,
when the price is falling, the RSI is usually
below the 0 - 50 zone, but there are also some
corrections to 60 and then down again.

Important: These examples may be easy to

understand but don't be in a hurry to trade. In
reality, price charts are often complicated and
have a lot of noise. You have to practice a lot
to use your money.
 TRADING STRATEGY GUIDE

1. Conditions to BUY:

Step 1: Mark the Squeezes and highs and lows:

- When you see a Squeeze, please track and trace
the tops and bottoms.
- A beautiful pattern usually has a triangle or
horizontal rectangle.
- Set alerts above and below the tops/bottoms of
the pattern. Tradingview will alert you when the
price breaks.

Step 2: Notice the signals:

- The price is above the EMA 89, preferably
above the MA 200.
- Price is above the Ichimoku cloud, and the
futures cloud (ahead) should be thin. There are
cases where the price is below/ inside the cloud
but when breakout, it has to be above the cloud.
- Also notice that the RSI is above the 50 area.

Step 3: Buy with strong breakout:

- When there is an alert, wait for the end of the
candle and notice how the price breaks out.
- Breakout should be clear with a strong uptrend
candle (a whole green candle without a wick / or
very little wick – Marubozu candle).
- Notice that the RSI is above the 50 - 70 area,
RSI should not be too high.
- Buy as soon as the candle ends with a stop loss
at the nearby bottom (below 5-10 pips).
- Trade with the right volume for your capital
management strategy.

Example 1:
Example 2:

Please look at the two examples above and study

them carefully and draw your own conclusions.

Step 4: Trailing stop and Target/ Take profit:

- Once you have identified a good signal and
your entry point is optimal, let the profit runs.
- Move your stop loss back to your entry point
as soon as 1:1 profit (reach breakeven). And
move smart trailing stop after new lows of price
created.
- You should also take profit mostly or partially
when price reaches your target profit, normally
R:R = 1:2 or 1:3, and let the rest make more
profit by trailing stop.
- Follow the above steps and you will become a
disciplined and consistently profitable person in
the market.

2. Conditions to SELL:

Step 1: Mark the Squeezes and highs and lows:

- Like above, we mark the Squeezes and draw
out the patterns.
- Note that with a downtrend can go more
complicated, you need to be subtle in identifying
the signal.
- Set alerts above and below the tops/bottoms of
the pattern. Tradingview will alert you when the
price breaks.

Step 2: Notice the signals:

- The price is below the EMA 89, preferably
below the MA 200.
- Price is below the Ichimoku cloud, and the
futures cloud (ahead) should be thin. There are
cases where the price is above/ inside the cloud
but when breakout, it has to be below the cloud.
- Also notice that the RSI is below the 50 area.

Step 3: Sell with strong breakout:

- When there is an alert, wait for the end of the
candle and notice how the price breaks out.
- Breakout should be clear with a strong
downtrend candle (a whole red candle without a
wick / or very little wick – Marubozu candle).
- Notice that the RSI is below the 30 - 50 area,
RSI should not be too low.
- Sell as soon as the candle ends with a stop loss
at the nearby top (above 5-10 pips).
- Trade with the right volume for your capital
management strategy.

Example 3:
Example 4:
Please look at the two examples above and study
them carefully and draw your own conclusions.

Step 4: Trailing stop and Target/ Take profit:

- Once you have identified a good signal and
your entry point is optimal, let the profit runs.
- Move your stop loss back to your entry point
as soon as 1:1 profit (reach breakeven). And
move smart trailing stop after new highs of price
created.
- You should also take profit mostly or partially
when price reaches your target profit, normally
R:R = 1:2 or 1:3, and let the rest make more
profit by trailing stop.
- Follow the above steps and you will become a
disciplined and consistently profitable person in
the market.

3. Some special cases:

- If you see a nice buy signal, but the price is still

below the MA200 - this is a very important
milestone and the price is likely to reverse, you
should only take profits near the MA200.
A nice buy signal that the price is above the MA
lines will let you hold the position for a long
time and make a lot of profit.
- Opposite, if you see a nice sell signal, but the
price is still above the MA200 - the price is
likely to reverse when it meets MA200, you
should only take profits near the MA200.
A nice sell signal that the price is below the MA
lines will let you hold the position for a long
time and make a lot of profit.
- Some cases with the Squeeze zone are not nice
and long, or the signals in step 2 are not
supported, or the breakout in step 3 is not clear
and strong, you can surf short-term or skip it to
find new opportunities, according to your risk
appetite.

- When you miss a good opportunity, don't

worry. To the next chapter, we will talk about
this.
 TREND CONTINUE TRADING

When you miss an opportunity, wait for the

Trend Continue Trading signals:
- Price creates Squeeze zone after strong trends:
+ Squeeze zone is above MAs in uptrend.
+ Squeeze zone is below MAs in downtrend.
- Draw price patterns by connecting highs to
highs, and lows to lows. Usually, in a
continuation trend, there is often a triangle or
rectangle pattern. Set alerts of price hits trend
lines.
- In an uptrend, we ONLY BUY when the price
breaks up of the pattern.
- In a downtrend, we ONLY SELL when the
price breaks up of the pattern.

Note:
- Remember to always follow the trend!
“The trend is your friend.”
- You also need to pay attention to the position
of the continuation pattern. It is best in the
middle of the trend, when the price has not gone
too long. If the price has moved for a long time,
the profit margin of this pattern will not be good.
This will be fixed when you move the stop loss
and use the trailing stop properly.
 IMPORTANT NOTE

1. Should trade at London – New York Overlap:

10 am and 3 pm London time (10 am NY time).

2. Main forex pairs to trade: USDxxx, GBPxxx,

Gold.

3. Only trade on frame M15 and above for

beginners. Only trade on 5-minute time frame
when you have practiced carefully and trade on
demo account profitably.

4. SL-TP Ratio should be 1:2 – 1:3, but you can

let the profits run at the rate 1:5. Never pick a
trade with R: R = 1: 1 or less.

5. Trade Demo Account First.

6. In fact, the market often has a lot of noise and

sometimes it doesn't follow a clear rule, you
need to get out of the market.

7. Only trade when there is a nice signal and

Never ever forget to put stop loss.
 4 MARKET PHASES

Whatever your method, you need to identify the

trend, the stage of the market you are in. Market
has 4 phases: Sideway (accumulation) – uptrend
– sideway (distribution) – downtrend.

1. Sideway (accumulation): Price does not

have a clear trend, often goes in a rectangular or
triangular area or has no pattern.
In sideway (accumulation), market is quiet and
sideways, corresponding to the accumulation
zone, the price tends to move sideways in a
rectangle.
During this period, the Squeeze and pattern are
formed. once you have identified zone a, mark
to watch and set alarms.
After accumulation phase, price often moves
fast and strong.

2. Uptrend: Breakout and trend creation: Price

breakouts the accumulation zone (Squeeze),
creates a trend and only moves quickly in one
direction.
This is where the breakout Squeeze of
ICHIMOKU AND BOLLINGER BANDS
strategy comes into play.

The price makes a later high higher than the

previous one and a higher bottom than the
previous one.
Look for nice TREND CONTINUE TRADING
signals during this period when the price is
formed Squeeze again to continues move up.

3. Sideway (distribution): The price fluctuates

greatly, gradually has no clear trend and creates
climax points, corresponding to the distribution
period.
At this time, the strategy will not work
effectively and the market often appears price
traps. But if there is a nice signal, you can sell
with tight money management and stoploss.

4. Downtrend: Price makes a lower bottom

lower than a previous low and a lower top lower
than the previous one. We only look for sell
orders when the price breakouts Squeeze strong
and clear.
 4 MONEY MANAGEMENT RULES

- Avoid using interest-paying loans to use for

venture capital.

- Choose a reputable exchange to trade to ensure

safe deposit.

- If your capital is too large, it can be divided

into 2 to 5 different reputable exchanges.

- Withdraw 50% of weekly or monthly interest

to your bank account. The remaining 50% to
unleash the power of compound interest.

Never forget them on your way of the master

trading!
5 PRINCIPLES OF RISK MANAGEMENT

- Risk for each stop loss order is only 1 or 2%

of the account

- Put the same risk on each order, no matter

how sure you think the order is (for example,
every order is only 2%)

- Don't break the rules because of losing a lot

or winning a lot.

- Do not add or enter a new order when the old

order has not brought the stop loss to
breakeven.

- Move the stop loss when the order has won

1:1 or a key level has formed to preserve
capital or a part of profit even if the target is
not reached.

Never forget them on your way of the master

trading!
 PRACTICE AND HOMEWORK

Draw Squeeze zones, price patterns and mark

Breakout points in these charts.

1.

2.
3.
4.
5.

Suggest:

1.
2.
3.
4.
5.

Hopefully through the examples you will

understand this trading method.
Here is your homework: Open the trading pairs
that you normally trade and find on the chart 50
signals or more. This will help you master this
method.
You can send them to email:
[email protected] / Telegram: t.me/tanhnaht

In the book, I presented one of the most effective

trading methods that beginners can immediately
apply. This method has been studied for many
years, and applies to the confluence of many
indicators. With a little time to get used to, you
will master this strategy and trade effectively.
Another thing is that you need to read and
understand the trading rules very carefully,
follow them and the capital management
principles that I wrote above.

Don't cram knowledge, you just need to

understand, and master a method!
Doing the above steps well will increase your
winning probability and help you get profitable
in the market!
 THANK YOU FOR READING ME AND
TEACHING YOU

Thank you for purchasing this e-book. I believe

that spending a small amount of money to own
this book will help you master the trading
strategy and save a lot of time learning by
yourself. This is the most powerful trading
strategy, helped many traders develop their
skills. Now you can use ideas in this book to
analysis, trade and make money. And please use
money management and do back test these
concepts before using real money. I hope you
can make dream comes true!
If you like the ideas in this book, please share
your thoughts and rate me 5 stars! Don’t be
hesitate to contact me if you have any questions
or need any supports.
If you have any problems, please advise me to
correct and help you, do not rush to give bad
reviews.
Thank you for your time!
Any contact or support would be sent:
TuAnh: [email protected] / Telegram:
https://t.me/tanhnaht