Using Ichimoku Charts In Forex Trading

The technique of Ichimoku Kinko Hyo is relatively recent among traders, but its use is steadily increasing mostly in the forex market , thanks to the ability to generate a higher probability of winning trades. Its diffusion in the forex market follows the already consolidated one of the stock and futures market and owes its success to the synthesis of various indicators able to formulate clear trading strategies and, above all, with a high...

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Introduction to the Ichimoku Cloud (or Ichimoku Kinko Hyo)

The Ichimoku Cloud (or Ichimoku Kinko Hyo) was developed by Goichi Hosada in Japan. His research started in the 1930s, but was halted by the world war.  He eventually completed it in 1968 whereby he published a 1000 page, 7 volume body of work. When he did so, he did it under the pen-name Ichimoku Sanjin. The Ichimoku Cloud as a strategy and method for trading all instruments, is still growing in the Western and European regions. Although it...

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Kumo Breaks & Reversals with the Ichimoku Cloud

Using the Ichimoku Cloud to discover Reversals The most unique thing about the Ichimoku cloud is the actual cloud/kumo.  By itself, the kumo was created to represent support/resistance, but seen through the lens of them being evolving or dynamic, and not static like pivot points, Fibonacci lines, support lines or trend lines. The inventor (Hosada) saw that support/resistance was evolving and actually based upon the previous price action....

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