Pages

Tuesday, October 1, 2013

"Table of equilibrium at a glance"

Many thanks go out to David Linton for going to japan to follow up on research of Ichimoku Cloud charts and bringing them back for the western world to have a chance to understand and use such an great charting method. In his book "Cloud Charts" he explains that the Japanese call them several different terminologies, but they surely are "at an glance."

I've got my major indices's set up in one category to where I can scan them quickly, as well as open positions. At the end of the day or when time is limited it's a blessing to be able to 'See" the true tone of the market so quickly.

using the Ichimoku Cloud method and then building upon the base is an excellent trading tool and paired up with candlestick charts is a powerful combination . Elliott wave calculations coincide with it as well,as do Andrew's pitchfork. Watching for Harmonic Patterns at the turning points add confidence to the trade,
as having 'built in' Fibonacci ratio retracements.

In conclusion I leave you with the chart of silver.
www.stockcharts.com

No comments:

Post a Comment