Trading with Ichimoku Clouds: the essential guide to Ichimoku Kinko Hyo technical analysis

Ichimoku Kinko Hyo is a technical system that illustrates support and resistance values in a simplified form. In fact, the system was built on the idea that at one glance you should be able to determine whether an instrument is in equilibrium (consolidation) or out of equilibrium (trending). The main goal of this book is to simplify trading. It offers foundation and technical strategies. All the fundamental aspects of each instrument and market will be built intoprice. Therefore, we should only rely on price action on the charts to determine when to trade and when not to trade. This is the assumption behind Ichimoku Kinko Hyo, a technical system. Trading with Ichimoku Clouds shows you how tocreate and implement a trading plan. This plan can easily be tailored to yourtrading style and Patel illustrates how to assess your results with his step-by-step plan. Strategies can easily be changed and be adopted for stocks, futures, bonds, etc. Ichimoku works for all instruments and bullish or bearish markets. The book will help you adopt a strategy designed to capture trends to maximize profits when a trend occurs and minimize losses when a trend does not occur.

• ISBN: 978-0-470-60993-4
• Editorial: John Wiley & Sons
• Encuadernacion: Cartoné
• Páginas: 240
• Fecha Publicación: 07/07/2010
• Nº Volúmenes: 1
• Idioma: Inglés