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

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Introduction

BACKGROUND

"Japanese Candles" is a phrase that is well known among the trading community. If the phrase is searched on the Internet, 3,810,000 searches are available in the Google search engine today. In comparison, if "Ichimoku" is searched, 141,000 searches appear, which is quite a difference. Steve Nison brought Japanese Candlesticks to the Western world and did a great job illustrating how it can be used to become a successful trader. He left a huge mark on the trading community, and today institutions down to the average retail trader use Japanese Candlesticks in some form or fashion in their technical analysis.

This book brings the next phrase of Japanese technical analysis to the Western world, "Ichimoku Kinko Hyo." Ichimoku Kinko Hyo is a system that has been used successfully throughout Japan for years but never has progressed forward in the Western world. If a trader combines Japanese Candles with Ichimoku Kinko Hyo, a powerful system is available to him or her. In fact, it increases the probability of trading drastically and can be evidenced by trading in a "paper" account after reading this book. Japanese Candlesticks will not be discussed further in this book and any additional information regarding this topic is available through Steve Nison&s books and training seminars.

By the time this book is published, the market will be one that has not been experienced previously; not even historical traders can predict what the future holds. There are no historical ...

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