Ichimoku - STA-lse-oct07.ppt [Read-Only]
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Ichimoku ChartsHow to read Cloudsfor Profitable AdvantageDavid LintonUpdatadavid@updata.co.ukSTA Diploma Course – 17th October 2007
What I will cover General Points about Technical AnalysisTheory, Cloud Construction, InterpretationExamples – Equity Markets and StocksScanningFOREXShort Term analysisFurther Ideas, backtestsSummary PointsSTA Diploma Course – 17th October 2007
A Bit About My Work I do my own investingWrite and Edit a WebsiteDoing lots of Research WorkWorking with Banks & Hedge FundsRunning the Updata BusinessSTA Diploma Course – 17th October 2007
Camps of Technical Analyst TRADERSSmaller Inst ListsShorter TermLooking for tradesFaster TechniquesTechnical’s Rule INVESTORSBigger UniversesLonger TermScanning stocksAverages, Rel StrengthUp against fundamentalsSTA Diploma Course – 17th October2007
What’s Your Time &F BOX-0.5%1%2%-Trend Analysis, P&F, Volume, Indexia Indicators, Optimised StoplossesMAs, Ichimoku, Relative Strength, Market BreadthOscillators, Candles, OtherSTA Diploma Course – 17th October2007
My Preferred TechniquesUse Very LittleWhat I Use Optimised StoplossesSupport & ResistancePoint & FigureOn Balance VolumeINDEXIA Market TrackerFlip Charts (inverted) Relative StrengthMoving AveragesCandlesticksElliot WaveGann/SwingFibonacciMost Oscillators ICHIMOKUSTA Diploma Course – 17th October2007
At first glance they are noisySTA Diploma Course – 17th October 2007
Ichimoku Kinkou-hyou - Definitions translates from Japanese into English as "one look.“a glance at equilibrium pricesanalyses the mid-points of historical highs and lowsare trend following indicatorscan be used in a way similar to moving averagesallows for wider support and resistance zonesdecreases the risk of trading false breakoutsconveys a great deal of information on trendexistence, direction, support and resistanceSTA Diploma Course – 17th October 2007
Construction1 – The ‘mid-point’ of last 9 sessions2 – The ‘mid-point’ of the last 26 sessionsSTA Diploma Course – 17th October 2007
STA Diploma Course – 17th October 2007
Weekly Signals clearerSTA Diploma Course – 17th October 2007
Cloud ConstructionFor me main purpose of these two lines:1 – The ‘mid-point’ of last 9 sessions2 – The ‘mid-point’ of the last 26 sessionsIs to construct the cloud:3 - The ‘mid-point’ of the last 52 sessions offset 26 bars forward4 - The ‘mid-point’ of Lines 1 & 2 offset 26 bars forwardNOTE: The Offset is the same, helps to you understand the cloudSTA Diploma Course – 17th October 2007
STA Diploma Course – 17th October 2007
STA Diploma Course – 17th October 2007
You can change the settingsInstead of 9,26,52 - could use 13,34,55It is argued that Ichimoku is self fulfillingand works because these are the settingsused by the JapaneseSTA Diploma Course – 17th October 2007
How you read itAbove the Cloud is BullishBelow the Cloud is BearishSTA Diploma Course – 17th October 2007
What about in the cloud?But alsoPotentialTransitionDepends onwhere weenteredfromBullishDepends onwhere weenteredfromBearishSTA Diploma Course – 17th October 2007
Cloud Thickness & SteepnessThick Clouds meanprice is acceleratingshorter term – 17outpacing 52 –moves not enoughto be felt by 52THICK NORMALLYTURNING POINTSRed Lineeffectively a(9 26) – Say 17Period MA at26 periods agoIT DRIVES THECLOUD TREND?Thin means 52 period and 17 baraverages are close or MORENORMALLY price acceleration is veryrapid – ie 52 moving too. Thin cloudsare therefore normally steeper andshort lived. Price will be a long wayfrom the cloud. THE BIG MOVESBlue Line effectively a 52 Period MA at 26 periods agoSTA Diploma Course – 17th October 2007
4 Big advantages of the cloud Gives Resistance Areas, less whipsawsTrend position is clear – Bull or BearSwitch Daily, Weekly, Monthly works wellCloud area is projected into futureSTA Diploma Course – 17th October 2007
The Lagging Line5 – The Price Line shifted back 26 barsSTA Diploma Course – 17th October 2007
Putting it all togetherSTA Diploma Course – 17th October 2007
Look for Price LeadingSTA Diploma Course – 17th October 2007
Some Subjective JudgementWill the Price pullLagging Line out ofthe Cloud?A Full Cloud Crossis bearish meaningwe have entered thecloud from belowand still in the cloudNO FULLY BULLISHSIGNAL YETOR This wasn’t aproper cloud breachand we are stillbullish in the cloudfrom aboveSTA Diploma Course – 17th October 2007
Want to remember the lines?1 – Turning Line2 – Standard Line3 – Span One4 – Span Two5 – Lagging SpanSTA Diploma Course – 17th October 2007
The ‘Potential’ Signals The lagging span crossing the cloud The price line finding support* on/in the cloudThe Price line crossing cloud - Earlier/RiskierTurning Line & Standard Line Cross - extremesSpans 1&2 crossing – cloud crossWide cloud and narrow cloud & distance fromSTA Diploma Course – 17th October 2007
Great for making Big CallsSTA Diploma Course – 17th October 2007
US MarketSTA Diploma Course – 17th October 2007
US Ultra Long TermSTA Diploma Course – 17th October 2007
Weekly – Still a Bull MarketSTA Diploma Course – 17th October 2007
Risk Points and WeightingSTA Diploma Course – 17th October 2007
S&P RecentlySTA Diploma Course – 17th October 2007
Japan – New Bull Market?STA Diploma Course – 17th October 2007*
Long Term Levels – ST StruggleSTA Diploma Course – 17th October 2007
Weekly found SupportSTA Diploma Course – 17th October 2007
Daily for risk points and weightingSTA Diploma Course – 17th October 2007
UK Footsie Ultra Long TermSTA Diploma Course – 17th October 2007
Monthly – New Bull MarketSTA Diploma Course – 17th October 2007
Weekly will tell us when we endSTA Diploma Course – 17th October 2007
Use Daily for Risk PointsSTA Diploma Course – 17th October 2007
Footsie RecentlySTA Diploma Course – 17th October 2007
Cable – Ultra Long TermSTA Diploma Course – 17th October 2007
Cable MonthlySTA Diploma Course – 17th October 2007
A wobble in 2005STA Diploma Course – 17th October 2007
Daily support is goodSTA Diploma Course – 17th October 2007
Hourly currently choppySTA Diploma Course – 17th October 2007
But 5 Minute is BullishSTA Diploma Course – 17th October 2007
Eurodollar WeeklySTA Diploma Course – 17th October 2007
Daily chart bullish tooSTA Diploma Course – 17th October 2007
Hourly on EurodollarSTA Diploma Course – 17th October 2007
Oil !!STA Diploma Course – 17th October 2007
Weekly clearerSTA Diploma Course – 17th October 2007
Gold finding supportSTA Diploma Course – 17th October 2007
Gold looking bullish on dailySTA Diploma Course – 17th October 2007
Bund MonthlySTA Diploma Course – 17th October 2007
Bearish on WeeklySTA Diploma Course – 17th October 2007
And DailySTA Diploma Course – 17th October 2007
Hourly is TurningSTA Diploma Course – 17th October 2007*
10 Minute ChartSTA Diploma Course – 17th October 2007
US 30 Yr T-BondSTA Diploma Course – 17th October 2007
Hourly 10 YearSTA Diploma Course – 17th October 2007
Defining CondictionsSTA Diploma Course – 17th October 2007
GoogleSTA Diploma Course – 17th October 2007
Look at 3 time frames togetherSTA Diploma Course – 17th October2007
Good for Market ReportsSTA Diploma Course – 17th October 2007
Ichimoku Read at a GlanceSTA Diploma Course – 17th October 2007
Great for Quick TA AssessmentsSTA Diploma Course – 17th October 2007
TA Scoring For the US MarketSTA Diploma Course – 17th October 2007
Ichimoku Market Breadth?STA Diploma Course – 17th October 2007
BacktestingSTA Diploma Course – 17th October 2007
Potential Problems The charts can be very noisy – lots to readDaily often too noisy – Weekly & Monthly bestNot meant to work well on Intra-day dataNot meant to work so well for Small CapsSTA Diploma Course – 17th October 2007
A few pointers If hasn’t worked well for a chart don’t use itIt’s another technique in your armouryLook at all 3 Time Horizons TogetherUse Weekly charts most – a good changeRun scans to get to the best charts Don’t tell anyone, they will think you are oddSTA Diploma Course – 17th October 2007
Ichimoku ChartsHow to read Cloudsfor Profitable AdvantageDavid LintonUpdatadavid@updata.co.ukSTA Diploma Course – 17th October 2007
Ichimoku Charts How to read Clouds for Profitable Advantage David Linton Updata david@updata.co.uk. STA Diploma Course – 17th October 2007 . NOTE: The Offset is the same, helps to you understand the cloud. STA Diploma Course – 17th October 2007. STA Diploma Course – 17th October
Ichimoku cloud (Ichimoku Kinko Hyo indicator) A detailed overview of Ichimoku Kinko Hyo indicator and trading strategies using Ichi cloud Today, I will explain how to use the Ichimoku Kinko Hyo indicator, or Ichimoku (Ichi Cloud) for short. I will cover in detail how the Ichimoku Kinko Hyo wo
CLYMER Sta.219 MERCER Sta. 307 MARIENVILLE Sta. 313 COUDERSPORT Sta. 249 CARLISLE Sta. 254 NASSAU Sta. 261 AGAWAM Sta. 267 HOPKINTON Sta. 266A MENDON Sta. 315 WELLSBORO Sta. 317 TROY Sta. 245 WEST WINFIELD Sta. 230C LOCKPORT Sta. 319 WYALUSING Sta. 325 SUSSEX Sta. 321 WEST CLIFFORD Water
Ichimoku Cloud Cloud Area in between Span A & Span B 13. Summary Of Ichimoku Components Conversion Base Lagging Span Leading Span A Leading Span B 14. Trend in Ichimoku 15 Above cloud - uptrend. Trend in Ichimoku 16 Below cloud - downtrend. Trend in Ichimoku Cloud
The Ichimoku World Book Series is a series of three books, each written at the right level for you at each stage in your study of the Ichimoku Kinko Hyo system. The Ichimoku Beginner was written especially for those, who are completely new to the Ichimoku method. The book
LSE Volunteer Centre Stand 20 lse.ac.uk/volunteercentre Visit careers.lse.ac.uk to The LSE Volunteer Centre is here to help you find a voluntary opportunity at a charity during your time at LSE. We work with many different charities across London and internationally and advertise opportunities that range from one off
The Ichimoku strategies’ examples in PFOREX Assist Ichimoku Indicator This trading indicator was created and developed by a Japanese Journalist in the late 1930s. Ichimoku in Japanese language means “One Look”. It took around 30 years to enhance this indicator for applying in trades on financial ma
Ichimoku Quick Start Guide By Robert C. Joiner Could a Japanese journalist from the 1940’s help you predict the future movement of stocks? Welcome to this “Quick Start Guide” to using the Ichimoku charts. For most of you, the term Ichimoku is a brand new term for you. You may h
Russell, S. and P. Norvig Artificial Intelligence: A Modern Approach. (Upper Saddle River, NJ: Prentice Hall, c2010) third edition [ISBN 9780132071482 (pbk); 9780136042594 (hbk)]. Russell and Norvig is one of the standard AI textbooks and covers a great deal of material; although you may enjoy reading all of it, you do not need to. The chapters that you should read are identified in the .
