Description
John Wiley & Sons Inc Trading With Ichimoku Clouds by Manesh Patel
The essential guide to todays hottest technical indicatorthe Ichimoku Kinko Hyo cloud chart Ichimoku Kinko Hyo is a technical system that illustrates support and resistance values in a simplified form and is considered an extension of the very popular candlestick charting system. 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). Written in a straightforward and accessible style Trading with Ichimoku Clouds offers a solid foundation in this discipline as well as its technical strategies. It shows you how to create and implement a trading plan based on this approach that can easily be tailored to your trading style. * First available U.S. publication on this hot trading trend * Reveals how Ichimoku Clouds work in both bullish and bearish markets * Highlights how these strategies can easily be adopted for stocks futures bonds and other vehicles * Works with all timeframes and all tradable instruments Filled with indepth insights and expert advice Trading with Ichimoku Clouds will help you implement a proven strategy designed to capture trends that maximize profits and minimize losses.
Furthermore the user will be taken step by step through the entire decisionmaking process of trading an instrument for two years (back test).