{"product_id":"trading-with-ichimoku-clouds-isbn-9780470609934","title":"Trading with Ichimoku Clouds","description":"\u003cp\u003eThe essential guide to today's hottest technical indicator-the Ichimoku Kinko Hyo cloud chart\u003c\/p\u003e \u003cp\u003eIchimoku Kinko Hyo is a technical system that illustrates support and resistance values in a simplified form and is considered an extension of the very popular candlestick charting system. In fact, the system was built on the idea that at \"one glance\" you should be able to determine whether an instrument is in equilibrium (consolidation) or out of equilibrium (trending).\u003c\/p\u003e \u003cp\u003eWritten in a straightforward and accessible style, \u003ci\u003eTrading with Ichimoku Clouds\u003c\/i\u003e offers a solid foundation in this discipline as well as its technical strategies. It shows you how to create and implement a trading plan based on this approach that can easily be tailored to your trading style.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eFirst available U.S. publication on this hot trading trend\u003c\/li\u003e \u003cli\u003eReveals how Ichimoku Clouds work in both bullish and bearish markets\u003c\/li\u003e \u003cli\u003eHighlights how these strategies can easily be adopted for stocks, futures, bonds, and other vehicles\u003c\/li\u003e \u003cli\u003eWorks with all timeframes and all tradable instruments\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eFilled with in-depth insights and expert advice, \u003ci\u003eTrading with Ichimoku Clouds\u003c\/i\u003e will help you implement a proven strategy designed to capture trends that maximize profits and minimize losses. Furthermore, the user will be taken step by step through the entire decision-making process of trading an instrument for two years (back test).\u003c\/p\u003e \u003cp\u003eIntroduction ix\u003c\/p\u003e \u003cp\u003eBackground ix\u003c\/p\u003e \u003cp\u003eComponents of a Trading System xv\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 Ichimoku Components 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTenkan Sen 4\u003c\/p\u003e \u003cp\u003eKijun Sen 10\u003c\/p\u003e \u003cp\u003eChikou Span 19\u003c\/p\u003e \u003cp\u003eKumo Cloud Components 25\u003c\/p\u003e \u003cp\u003eSenkou Span A 27\u003c\/p\u003e \u003cp\u003eSenkou Span B 28\u003c\/p\u003e \u003cp\u003eKumo Cloud 30\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 Ichimoku Trading Plan 41\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eComponents 41\u003c\/p\u003e \u003cp\u003eStrategy Description 42\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 Ichimoku Backtesting 45\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBacktesting 45\u003c\/p\u003e \u003cp\u003eEURUSD—A Two-Year Backtest 46\u003c\/p\u003e \u003cp\u003eSummary—Two Years of Backtesting 134\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 Post-Analysis 137\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eExamining the Backtest Results 137\u003c\/p\u003e \u003cp\u003eOptimize Trading Plan 144\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 Ichimoku Strategies 149\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIdeal Ichimoku Strategy 150\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 Ichimoku Time Elements 161\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIchimoku Time Elements 161\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 Applied Trader Psychology\/ Doug Laughlin 171\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIs It as Easy as Just Being Taught a New System? 172\u003c\/p\u003e \u003cp\u003eThe Problem We Have with Getting in Our Own Way 172\u003c\/p\u003e \u003cp\u003eIs There a Conspiracy Against the Small Trader? 173\u003c\/p\u003e \u003cp\u003eTraders Myth—Smart People Make the Best Traders 174\u003c\/p\u003e \u003cp\u003eLosing Trades Are Acceptable 175\u003c\/p\u003e \u003cp\u003eA Successful System Will Fortify Your Convictions 176\u003c\/p\u003e \u003cp\u003eSelf-Sabotage and How It Applies to Your Trading 178\u003c\/p\u003e \u003cp\u003eIn Summary—Trader Psychology Overall 179\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 Day Trading with Ichimoku 181\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eConsequences of Trading without a Trading Plan 184\u003c\/p\u003e \u003cp\u003eTrading Plan 185\u003c\/p\u003e \u003cp\u003eBacktesting 186\u003c\/p\u003e \u003cp\u003eConclusion 192\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 Conclusion 193\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIchimoku Analysis Sheet 195\u003c\/p\u003e \u003cp\u003eBibliography 199\u003c\/p\u003e \u003cp\u003eAbout the Author 201\u003c\/p\u003e \u003cp\u003eIndex 203\u003c\/p\u003e \u003cb\u003eMANESH PATEL\u003c\/b\u003e, \u003cb\u003eCTA,\u003c\/b\u003e is the President of EII Capital Group, a financial company that offers a variety of services, including money management, consulting, and trading. He is a technical trader whose technical foundation is built around a Japanese trend trading system called Ichimoku Kinko Hyo. With Ichimoku Kinko Hyo, Patel trades the following instruments: currencies, futures, options, stocks, and commodities. He is actively involved in Ichimoku trading and runs www.ichimoku.net and www.kumotrader.com, which has 125,000 subscribers and is ranked 260 among active Forex Web sites. Patel is a member of the National Futures Association (NFA) and received his master's in engineering from Georgia Institute of Technology.  Ichimoku Kinko Hyo is a technical system that illustrates support and resistance values in a simplified form and is considered an extension of the very popular candlestick charting system. In fact, the system was built on the idea that at \"one glance\" you should be able to determine whether an instrument is in equilibrium (consolidation) or out of equilibrium (trending).  \u003cp\u003eWritten by Manesh Patel—one of the pioneering U.S. practitioners of Ichimoku trading and administration of Kumotrader.com—\u003ci\u003eTrading with Ichimoku Clouds\u003c\/i\u003e offers a detailed look at this proven approach as well as its technical strategies. Chapter by chapter, it shows you how to create and implement a trading plan based on this discipline that can easily be tailored to your trading style.\u003c\/p\u003e \u003cp\u003eAlong the way, it also takes you step by step through the entire decision-making process, from entries and exits to triggers, in order to test the trading plan created and ensure you've developed a successful system that fits your personality and circumstances.\u003c\/p\u003e \u003cp\u003eOther topics touched upon throughout this accessible trading guide include:\u003c\/p\u003e \u003cul\u003e \u003cli\u003e \u003cp\u003eWhy this approach works with all time frames and all tradable instruments\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eThe five essential indicators associated with Ichimoku Kinko Hyo\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eWhich strategies can easily be adopted for stocks, futures, bonds, and other vehicles\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eHow Ichimoku Clouds work in both bull and bear markets\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eHow trading psychology influences trading\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eHow to perform post-analysis of a trading system and then optimize the system with this information\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eAnd much more\u003c\/p\u003e \u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eFilled with in-depth insights and expert advice, \u003ci\u003eTrading with Ichimoku Clouds\u003c\/i\u003e will help you implement a proven strategy designed to capture trends that maximize profits and minimize losses. If you're looking to become a better trader, following some of the characteristics within this system is a step in the right direction.\u003c\/p\u003e  \u003cb\u003ePraise for TRADING WITH ICHIMOKU CLOUDS\u003c\/b\u003e  \u003cp\u003e\"The 'buy and hold' investment strategy is a thing of the past. We are now in a 'buy and protect' market which means, if you are not using technical analysis as a risk management tool, then you are leaving out the most important part of your investment plan. Learn this information, use it for profit, then teach it to the world.\"\u003cbr\u003e —\u003cb\u003eAJ Monte\u003c\/b\u003e, CMT, Chief Market Strategist, The Market Guys\u003c\/p\u003e \u003cp\u003e\"\u003ci\u003eTrading with Ichimoku Clouds\u003c\/i\u003e is for those traders looking to learn a specific trading style that incorporates a trading plan based on specific rules. This book is direct and to the point. It gives the reader an inside look into a trading system that can be applied to all markets—stocks, futures, and especially Forex. Excellent work!\"\u003cbr\u003e —\u003cb\u003eJohn Person\u003c\/b\u003e, founder, NationalFutures.com\u003c\/p\u003e \u003cp\u003eThe technical trading system called Ichimoku Kinko Hyo—Ichimoku Clouds—is seen by many as the next evolution of the candlestick method. Long a favorite in Japan, Ichimoku Clouds is now gaining an avid following in the United States and around the world. Now, Manesh Patel—one of the pioneering U.S. practitioners of Ichimoku trading and administrator of ichimoku.net—offers a detailed look at this proven approach as well as its technical strategies. Chapter by chapter, Patel explains how Ichimoku trading works, and how you can create and implement a trading plan based on this discipline that can easily be tailored to your trading style.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47990403236069,"sku":"NP9780470609934","price":84.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780470609934.jpg?v=1761787688","url":"https:\/\/k12savings.com\/products\/trading-with-ichimoku-clouds-isbn-9780470609934","provider":"K12savings","version":"1.0","type":"link"}