Ichimoku Basics

http://www.fxtimes.com - Forex News, Analysis, Education, Charts, Videos, Live events, Webinars are more An introduction to reading the Ichimoku Kinko Hyo to assess market conditions. The Japanese are very poetic and allegorical when it comes to describing market action. Just take Japanese candlesticks for example. You have names like the Harami (pregnant lady) describing basically an inside bar. An abandoned baby for example describes a strong bearish candle, a gap, a spinning top, then a gap back up. The candlestick on its own island is like an abandoned baby. These names not only convey the pictorial description, but also hint at the market sentiment. A trend can be born from a pregnant lady, and the abandoned baby hints at a bearish attempt that was "abandoned". Besides candlestick analysis, the Japanese also contributed a popular technical indicator, or you can even call it a system, call the Ichimoku Kinko Hyo. Ichimoku - "Glance", "One Look" Kinko "- Balance", "Equilibrium" Hyo - "Chart", "Graph" This system is therefore loosely translated as a "A quick look at the balance of the chart". It is basically a trend-following system that is based on moving averages. You can read the full glossary description here: http://www.fxtimes.com/glossary/ichimoku/

Comments

1. The cross of red and blue should be before the cloud to be a strong indicator?
2. Fck that's a lot of lines.
3. Hi! Tenkan is blue or Kejun...you saying opposites, pls assist..
4. This video is very helpful and insightful. Thank you so much for posting it!
5. Amazing ! thank you
6. Simple enough to understand the basics. Thanks!
7. But dont this indicator tell you what happened in the past? So how does it help you now rather than reading a candle? Ive been doing 1m charts and well friday i got 7/8 trades then today i went smallll real smal and won 3 you know like 0.66 £5.67 £3.47 then now i have 3 on 1 in blue 2 in red i dint see how this gunna tell you what going to happen
8. absolutely right. penny stocks must be traded with good advices from veterans. i am telling you, my father making lots from penny stocks with the help of these professionals. have a try now here --> bit.ly/11FlHXM?=timmuy
9. This is a very informative video on Ichimoku. If you are new to trading this indicator you need to watch this video.
10. thanks
11. ★ Interesting, cheers. I am using a FREE trend indicator which displays profitable buy/sell signals. Give it a try yourself, it's on my page ★
12. Thank's
13. thanks Fan.
14. Nice explanation, helpful..!
15. I like Ichimoku but trading can be kept much more simple and effective as proven with price action setups like pipdaq...
16. @prcblqt I used to struggle too, but now I'm banking 580% gains easy. Get the right strategy and everything falls into place. I've tried them all, narrowed it down to one extremely powerful technique. Watch this --> bit.ly/NsY8qx?=kcdxex
17. Ichimoku is a great tool and I have used it quite a while, though there is a learning curve. I was doing ok with it but since applying it to bullpips (Search Google for "bullpips") it has rocketed my returns!
18. Hello Fan Yang, Great interpretation of the basics, I finally was able to understand an explantion about the Ichimoku Cloud, thank you!