Ichimoku Cloud Filters

October 4, 2006 by Trader Rich 

I have had interest at times in the Ichimoku indicator mostly for longer term trades.  The information on the internet or in books related to this indicator such as how to interpret or trade using it are very thin at best.  So when I find new articles related to the Ichimoku, I think they are worth posting.  There is a new article titled, "Ichimoku Cloud Filters Information Storm" on Investopedia that gives a good overview of how to interpret the components of the indicator and also an example of how to trade using it.  The author, Richard Lee compares the use of the Ichimoku to the use of your run-of-the-mill support and resistance lines.  

http://investopedia.com/articles/forex/06/ichimoku.asp  

Mizuho Corporate Bank provides daily technical analysis for most currency pairs for free and their analysts use the ichimoku in most of their charts.  This may be a good place to see how they use the ichimoku each day if you want to learn.  http://www.mizuho-cb.co.uk/TresInternet/TECHNICALS/Index.htm  

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Comments

One Response to “Ichimoku Cloud Filters”

  1. Forex Trader on February 13th, 2008 2:20 pm

    We now use it extensively in our trading. It is a very exciting addition

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