The Ichimoku Kinko Hyo is a technical indicator that can be used to trade trends and supports and resistances. A Japanese writer who needed to interpret the financial market chart at a glance invented it. This explains the name “Ichimoku Kinko Hyo”, which roughly translates to “A Glance at the Chart in Equilibrium.”.
Ichimoku is often seen as a difficult system to learn due to the 5 components that are displayed on the chart to explain a trading opportunity but each line serves a purpose and when you understand each purpose, you begin to get a feel for the value that Ichimoku can bring to your technical trading strategy.
What is the Ichimoku? The Ichimoku Kinko Hyo, or Ichimoku for short, is another technical indicator that is also used to gauge trend direction and momentum along with potential support and resistance levels. Trading forex with the Ichimoku cloud trading attempts to identify a probable direction of price.
Ichimoku 101: This indicator incorporates a few aspects Kijun, Tenkan, Senkou, Kumo, and Chikou. Tenkan + Kijun= [average high of (x) periods+ average low of (x) periods]/2. Tenkan is usually 7 or 9 periods. Reason= 1.5x days in week of trading between old trade week length vs new trade week length.
The Ichimoku Kinko Hyo is a Japanese indicator used to decide/figure out speed and power, support and resistance. The Ichimoku Kinko Hyo pointer was, at first, changed (and got better) by a Japanese news writer to group together different (made to do one thing very well) ways of doing things into a single/alone marker that could be extremely easily executed and figured out.
Ichimoku Kinko Hyo (or just Ichimoku) is an investment strategy developed by a Japanese journalist Goichi Hosoda. The strategy name came from Hosoda pseudonym – he was signing hist articles and works as Ichimoku (which means “one look”) Sanjin. Hosoda developed this strategy before World War II and for more than thirty years worked on
L0UME. 347 445 426 454 454 2 321 341 211

what is ichimoku kinko hyo