domingo, 27 de abril de 2014

Trading with Ichimoku kinko hyo (III): The IchiWiki

Ichiwiki
This article summarizes the Ichimolu Kinko Hyo system and strategies found at http://www.kumotrader.com/ichimoku_wiki/index.php?title=Ichimoku_trading_strategies#READ_THIS_FIRST.21. as part of the Ichiwiki project.

Ichimoku is a finely-tuned, integrated charting system where the five lines all work in concert to produce the end result. We emphasize the word "system" here because it is absolutely key to understanding how to use the various trading strategies we outline in this section. Every strategy covered below is to be used and measured against the prevailing Ichimoku "picture" rather than in isolation. This means that, while a scenario that matches a given strategy may have transpired, you still must weigh that signal against the rest of the chart in order to determine whether or not it offers a high-probability trade. Another way of looking at it is that Ichimoku is a system and the discrete strategies for trading it are merely "sub-systems" within that larger system. Thus, looking at trading any of these strategies from an automated or isolated approach that doesn't take into account the rest of what the Ichimoku chart is telling you will meet with mixed long-term success, at best.
Tenkan Sen/Kijun Sen Cross Classifications



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