Ichimoku Cloud Charting- Technical Analysis Workshop Series
Category: Technical Analysis
Author: unknown
tag: ichimoku
Language: English
Free Download link: At the end of the post
Table of contents
1. Introduction
2. Key Components of Ichimoku
3. Piecing the Puzzle
4. Trade Examples
5. Conclusion
Exercps
Originally developed by Japanese journalist Goichi Hosada as he was looking to develop ‘The Ultimate Indicator’
• Full name is the (均衡表 Ichimoku Kinkō Hyō) which translates to “one glance equilibrium chart”
• Successfully used in nearly every tradable market, not just limited to those linked to Japan e.g. Yen-pairs on FX
• Works on all timeframes but recommended for longer-term positions e.g. 4hr and above
How it works
• Moving average-based trend identification system factoring in both time and price components
• Illustrates the current trend, helps you time entries, displays support and resistance, clarifies momentum, and shows you when a trend has likely reversed – all in one package
• Considered a self-contained system where no additional indicators are necessary
• Standard settings for an Ichimoku chart indicator are 9, 26, 52
• Ichimoku shows the past, present and the future
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j21, ichimoku cloud charting secrets,