Manesh Patel – Trading with Ichimoku Clouds

Manesh Patel – Trading with Ichimoku Clouds

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Filled with in-depth 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…

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Description

Trading with Ichimoku Clouds: The Essential Guide to Ichimoku Kinko Hyo Technical Analysis

Today’s hottest technical indicator is the Ichimoku Kinko Hyo cloud chart.

Ichimoku Kinko Hyo is a technical system that shows support and resistance values in a simplified form and is an extension of the popular candlestick charting system. The system was built on the idea that you should be able to determine whether an instrument is in equilibrium or out of equilibrium at a glance.

Written in a way that is easy to understand. Ichimoku Clouds are used for trading. The discipline has a solid foundation as well as technical strategies. The approach it shows you how to use can 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

It was filled with in-depth insights and expert advice. Ichimoku Clouds are used for trading. A proven strategy designed to capture trends that maximize profits and minimize losses can be implemented. The user will be taken through the entire decision-making process of trading an instrument for two years.

About the Author

MANESH PATEL , CTA, is the President of EII Capital Group, a financial company that offers a variety of services, including money management, consulting, and trading. He is a technical trader whose technical foundation is built around a Japanese trend trading system called Ichimoku Kinko Hyo. With Ichimoku Kinko Hyo, Patel trades the following instruments: currencies, futures, options, stocks, and commodities. He is actively involved in Ichimoku trading and runs www.ichimoku.net and www.kumotrader.com, which has 125,000 subscribers and is ranked 260 among active Forex Web sites. Patel is a member of the National Futures Association (NFA) and received his master’s in engineering from Georgia Institute of Technology.

Table of contents

Introduction.

There is a background.

There are components of a trading system.

Chapter 1 contains components.

Tenkan Sen.

Kijun Sen.

There is a Chikou Span.

There are Kumo Cloud components.

Senkou Span A.

Senkou Span B.

There is a Kumo Cloud.

Chapter 2 is a trading plan.

There are components.

There is a strategy description.

Chapter 3 is about backtesting.

Testing.

A two-year backtest.

Two years of testing.

Chapter 4 concluded.

The backtest results are examined.

The trading plan should be improved.

Chapter 5 is about strategies.

The ideal Ichimoku strategy.

Chapter 6 is about time elements.

The time elements are Ichimoku.

Chapter 7 is Applied Trader Psychology.

Is it as easy as learning a new system?

Getting in our own way has a problem.

Is there a conspiracy against the small trader?

There is a traders myth. People who are smart are the best traders.

Losing trades are acceptable.

A successful system will help you with your case.

There is self- sabotage and how it applies to trading.

In summary, trader psychology.

Chapter 8 is about day trading.

There are consequences of trading without a plan.

There is a trading plan.

Testing.

Conclusion.

Chapter 9 ends.

There is an Ichimoku analysis sheet.

There is a bibliography.

About the author.

Index.

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