Ichimoku Cloud: Equilibrium at a Glance - Trend, Momentum, Support and Time

Guidebook No. 9 of the Samxon Market Indicator Series. An 18-page PDF guide by Paul Samson (Samxon.ca).

The Ichimoku Cloud shows trend, momentum, support and resistance, and even where those levels will sit in the future, in a single view. At first glance it looks cluttered. This guidebook explains the who, what, where, when, why and how of every part, so the chart becomes one of the clearest in technical analysis.

Inside:

• Goichi Hosoda and the history of the system, and what its name means
• Why it uses midpoints and time shifts, and why the settings are 9, 26 and 52
• Each of the five lines and the cloud, with a worked calculation
• How to read the cloud, the Tenkan and Kijun cross, and the Chikou Span
• The five-point check, and seven ways traders use it
• Hosoda's complete system: time theory, wave theory and price targets

The central idea: the cloud decides how much to trust every signal. Crosses in the direction of the cloud start the big moves, while crosses against it are usually pull backs or failed rallies.

Instant PDF download. For educational purposes only; not financial advice.