Ichimoku Charts: An Introduction to Ichimoku Kinko Clouds

This book covers the history of candlestick charts, how they developed, and how a journalist refined them in the 1930s by adding moving averages. It also includes advanced analysis of Cloud charts and new trading examples.

Format: Paperback / softback
Length: 188 pages
Publication date: 21 May 2018
Publisher: Harriman House Publishing

In the ten years since the first edition of this book was published, Ichimoku charting, or Cloud charting, has gone from the sole preserve of Japanese traders to being used by traders worldwide. This widespread adoption of the technique can be traced at least in part to this book, since it was the first to introduce the technique to the world outside Japan.Candlestick charts play an important role in technical analysis worldwide. This book covers the history of candlestick charts - explaining the context in which they developed. It then moves on to explain how in the 1930s a journalist, with the pseudonym Ichimoku Sanjin, started refining candlestick analysis by adding a series of moving averages. The book explains in detail how to construct Cloud charts and how to interpret them. A chapter is devoted to the advanced analysis of Cloud charts, with an in-depth study of the Three Principles: Wave Principle, Price Target and Timespan Principle. The book is illustrated throughout with numerous examples of Cloud chart analysis.Brand new to this second edition are the author’s thoughts from a further decade of using the technique and new trading examples.

Weight: 348g
Dimension: 215 x 244 x 14 (mm)
ISBN-13: 9780857196088
Edition number: 2 New edition